Endeavour Silver reports Q2 results from three mines in Mexico
Endeavour Silver reports its production results for the Q2 from the Company's three silver-gold mines in Mexico: the Guanacevi mine in Durango state and the Bolanitos and El Cubo mines in Guanajuato state. Silver production in the Q2 increased 19% to 1,355,895 ounces, or oz, compared to 1,143,788 oz silver in Q2, 2017 and gold production rose 5% to 13,674 oz compared to 13,058 oz gold in Q2 of FY17, resulting in silver equivalent production of 2.4M oz using a 75:1 silver-gold ratio. Silver production was higher in Q2 compared to Q2 of FY17 primarily due to higher mine output and ore grades at El Cubo. The Guanacevi mine continued in recovery mode as production was flat but mine development increased in Q2. Gold production in Q2 compared to Q2, 2017 was higher at El Cubo and Guanacevi and lower at Bolanitos due to variations in gold grades at each mine.