Endeavour Silver Corp. reports its silver production jumped as forecast for the 3rd Quarter, 2008 was up 21% over Q2, 2008.

In response to the recent sell-off of the spot silver price, Endeavour plans to slow its production growth in the Fourth Quarter, even though the 2008 capital programs of mine and plant upgrades have now been substantially completed at Endeavour’s two operating silver mines in Mexico, the Guanacevi Mines in Durango State and the Guanajuato Mines in Guanajuato State.

Bradford Cooke, Chairman and CEO of Endeavour Silver states:

“Endeavour enjoyed another quarter of strong production growth at our two operating mines in Mexico thanks to the substantial completion of our 2008 capital upgrade programs and ongoing operational improvements under the guidance of David Howe, Endeavour’s Vice President of Mexico Operations. Guanajuato Mines production in particular has outperformed our expectations so far this year and Guanacevi has also improved its performance.”

For full details of this press release, click this link. To view Endeavour Silver’s previous press releases, click here. Follow developments in silver mining and exploration for free.
Sign on to the Silver Investing Newsletter.

Comment

Tweet