Endeavour Silver Achieves Record Production in 2025

Endeavour Silver Corp. announced its full-year production results for 2025, achieving a total of 6,486,661 ounces of silver and 37,164 ounces of gold. This impressive output translates to a silver equivalent production of 11.2 million ounces, driven by substantial contributions from its mining operations in Mexico. The company reported fourth-quarter production figures of 2,030,206 ounces of silver and 13,785 ounces of gold, resulting in a silver equivalent production of 3.8 million ounces.

Dan Dickson, Chief Executive Officer of Endeavour, remarked on the company’s performance, stating, “Endeavour delivered another year of strong growth in 2025, highlighted by record silver equivalent production and the successful ramp-up at Terronera.” He emphasized the company’s focus on operational excellence and strategic investments, which have positioned Endeavour for continued growth and value creation for stakeholders.

Fourth Quarter Highlights

During the fourth quarter, Endeavour’s consolidated silver production was significantly higher than the same period in 2024, with an increase of 146%. This growth was largely attributed to the addition of production from both the Kolpa and Terronera mines. The company noted that the Bolanitos mine’s production benefited from a shift towards higher-grade silver deposits, while production at the Guanaceví mine was previously impacted by a trunnion failure in August 2024, which was resolved in December of that year.

Excluding the contributions from Kolpa and Terronera, consolidated silver production was still up by 27% compared to the previous year. Gold production also saw a notable increase of 52%, primarily due to enhanced output at the Guanaceví mine and contributions from the new operations at Terronera.

In Q4 2025, Terronera achieved commercial production effective October 1, producing 352,002 ounces of silver and 8,148 ounces of gold from 154,180 tonnes of material processed. The average grades mined during the quarter were 86 grams per tonne of silver and 2.27 grams per tonne of gold. The company strategically focused on lower-grade areas to align with its planned production ramp-up, with expectations to shift towards higher-grade sections by the second half of 2026.

Operational Insights

Guanaceví’s throughput in Q4 2025 was 78% higher than the comparable period from the previous year, despite a decrease in average grades. This increase in throughput allowed for a 22% rise in silver production and a 14% increase in gold production. The mine management noted that local third-party feed contributed to 23% of the quarterly throughput.

Kolpa’s operational performance included the processing of 198,830 tonnes, resulting in the production of 631,867 ounces of silver and significant quantities of lead and zinc. While silver and lead grades met expectations, zinc grades fell short. The site is progressing towards an increased plant capacity of 2,500 tonnes per day, with enhancements including a new crushing circuit and the installation of a new ball mill expected to complete in Q1 2026.

Conversely, Bolanitos experienced a 12% decrease in throughput compared to Q4 2024. The mine recorded an 82% increase in silver grades, leading to a 60% increase in silver production, although gold production saw a significant decline due to lower grades.

The company plans to finalize the sale of Bolanitos in January 2026, which is expected to further streamline operations and focus on its core assets.

As Endeavour Silver continues to refine its operational strategies and enhance mine productivity, it remains committed to delivering long-term value to its shareholders. The Q4 2025 financial results are set to be released on February 27, 2026, followed by a conference call at 10:00 a.m. PST to discuss the outcomes.

In summary, Endeavour Silver’s robust production figures for 2025 reflect the company’s strategic focus and operational improvements, positioning it for ongoing success in the competitive mining sector.