Endeavour Silver receives final tailings permit for Terronera project
Endeavour Silver announces that it has received the final tailings permit for the Terronera silver-gold mine project located in Jalisco state, Mexico. The ETJ permit, or "Authorization to Change Soil Use on Forest Land", was issued by SEMARNAT, the Mexican Ministry of Environment. It gives Endeavour Silver the right to store tailings from the proposed Terronera high grade, underground, silver-gold mine in a secure, filtered dry stack tailings facility adjacent to the proposed plant site. Now that the Terronera mine project is fully permitted, Endeavour Silver plans to complete a final improved prefeasibility study in the Q3 and arrange appropriate financing to build Endeavour's next core asset. Following an estimated eighteen month construction period, the Terronera mine is expected to produce more than 5M oz silver equivalents over a minimum 12 year mine life, at an all-in sustaining cost per oz of silver produced in the lowest quartile of industry peers.