Overview

Endeavour Silver Corp. is a Canadian based silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Expansion programs are now underway at the high grade Guanacevi Mines Project in the state of Durango and the Bolanitos Mines Project in the state of Guanajuato. In addition, Endeavour is actively exploring projects in Chihuahua and Michoacan states. The Company’s acquisition and expansion programs now underway should enable Endeavour Silver to join the ranks of the top primary silver producers worldwide.

Key Points:

• Primary silver producer with two operations in Mexico.
• Produced 2.1 million oz. silver (plus gold) in 2007. At capacity, the two operations will produce over 5 million oz. silver.
• Excellent financial condition – $17 million working capital, no debt and production not hedged. Only 50 million shares issued.

Chief Properties

Guanacevi Mines Project

• Production



• Production Costs – Cash costs were US$ 8.16 per ounce (net of gold credits) in 2007 as opposed to $6.55 per ounce in 2006. The target is to reduce cash costs to the US$6.00 range per ounce upon completion of the plant expansion project and other capital programs.
• Reserves & Resources – 2007 Reserves and Resources NI-43101 Compliant



• Large Plant – Modern mill undergoing expansion to capacity.
• High Grades – 400+ grams/tonne Silver equates to 12+ oz/ton Silver plus Gold credit.
• Good Widths – 3 metre average width
  • Local Infrastructure
  • Power and Water on property
  • 5 km to paved highway and town of Guanacevi
  • Trained work force on site
• Land Package – 957 Hectares (2365 acres)
• Low and Manageable Risks – Known geology, grades, metallurgy and mill operation

Guanajuato Mines Project

• Production



Gold converted to silver at a 55:1 ratio.

• Costs – Cash cost per oz. silver in 2006 were US$ 5.82 after deducting gold credits.During the transition year of 2007 costs rose to $20.00+ per oz.and are projected to decline in 2008 and beyond as efficiencies from ongoing capital improvement programs start to take effect.
• Reserves & Resources



• Grade – Silver grade is 200 grams/tonne and gold is 1.87 grams/tonne. This equates to 8.6 oz. per ton silver equivalents. Historic grades were reported to be 300+ grams/tonne silver plus 3.0+ grams/tonne gold.
• Width – Widths range from 1 — 30 metres wide and average 2 — 3 metres.
• Infrastructure – Approximately 5 kilometers from the city of Guanajuato with good road access, power and water plus trained work force on site.
• Land Package – 2071 hectares (5115 acres)

Parral

The Parral Silver District is located some 210 km. (135 mi.) south of Chihuahua City, the capital of the State of Chihuahua, Mexico, and approximately 110 km. (70 mi.) north of Guanacevi, Durango, where Endeavour operates the Guanacevi Mines Project. Silver was first discovered in the Parral Silver District in 1631 and by 1655 more than 60 small mines were operating, principally along the Veta Colorado vein.

Management

• Bradford Cooke, M.Sc.,P.Geo., Chairman and C.E.O.

  Professional geologist with 30 years experience in project management and financing, including Shell, Chevron, Noranda, and Canarc.

• Godfrey Walton, M.Sc., P.Geo. -President and C.O.O.

  Professional geologist with 30 years experience in mine exploration and development, including Chevron, Hemlo Gold, Canarc, others.

• Dan Dickson, CA, Interim CFO – Chartered Accountant

  Dan joined Endeavour in March 2007 as our Controller after having worked for 5 years with KPMG.

• Bill Franklin, C.G.A., Consultant

  Professional accountant with over 20 years experience in the mining industry including senior positions with Barrick, Homestake and Nevada Pacific Gold.

• David Howe, M.Sc., Vice President, Mexico Operations

  Professional geologist with 18 years experience, primarily in Latin America and the Caribbean, with Hecla Mining, St. Ann Jamaica Bauxite and others.

• Barry Devlin, M.Sc., P.Geo. – Vice President, Exploration

  Professional geologist with 26 years experience in mine exploration and project management, including Hecla, US Borax, others

• Hugh Clarke, Vice President, Corporate Communications

  Communications specialist with over 30 years experience in corporate finance and development, and investor marketing and communications.

• Miguel Ordaz, Ing. – Projects Director and Legal Representative, Mexico

  Geological engineer with 30 years experience in Mexican mineral exploration and mine management.

• Leonard Harris, P.Eng., – Director

  Retired metallurgical engineer who as President of Newmont Peru was responsible for the development of the huge Yanacocha gold mine in Peru.

• Geoff Handley, B.Sc., Director

  Geologist with over 30 years experience in global exploration, acquisitions and planning, most recently Executive VP, Strategic Development, Placer Dome Inc.

• Mario Szotlender, B.IR., Director

  Businessman specializing in financing and managing new business ventures for numerous private and public companies over the past 17 years.

• Rex McLennan, B.Sc., M.B.A., Director

  Over 25 years industry experience including CFO and Executive V-P with Placer Dome Inc. until 2005.

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