<SEC-DOCUMENT>0001171843-22-002495.txt : 20220411
<SEC-HEADER>0001171843-22-002495.hdr.sgml : 20220411
<ACCEPTANCE-DATETIME>20220411065108
ACCESSION NUMBER:		0001171843-22-002495
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20220411
FILED AS OF DATE:		20220411
DATE AS OF CHANGE:		20220411

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENDEAVOUR SILVER CORP
		CENTRAL INDEX KEY:			0001277866
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33153
		FILM NUMBER:		22818467

	BUSINESS ADDRESS:	
		STREET 1:		#1130-609 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V7Y 1G5
		BUSINESS PHONE:		604-685-9775

	MAIL ADDRESS:	
		STREET 1:		PO BOX 10328
		STREET 2:		#1130-609 GRANVILLE STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V7Y 1G5

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ENDEAVOUR GOLD CORP
		DATE OF NAME CHANGE:	20040128
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_041122.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html><head><title></title></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div align="center"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 14pt;" align="center"><strong>UNITED STATES</strong><br /><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br /><strong>Washington, D.C. 20549</strong></p><p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 6-K</strong></p><p style="text-align: center;"><strong></strong></p><p style="text-align: center;"><strong>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</strong></p><p style="text-align: center;"><strong></strong><strong>For the month of April 2022</strong></p><p style="text-align: center;">Commission File Number: <strong>001-33153</strong></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>Endeavour Silver Corp.</strong></font><br />(Translation of registrant's name into English)</p><p style="text-align: center;"><strong>#1130-609 Granville Street<br />Vancouver, British Columbia, Canada V7Y 1G5</strong><br />(Address of principal executive office)</p></div><p>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.<br />Form 20-F [&#160;&#160; ] &#160;&#160;&#160;&#160;&#160;Form 40-F [&#160;X ]</p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <u></u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <u></u></p><p><strong>Note:&#160;</strong>Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.</p><p>Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ___ No <u>&#160;&#160;X&#160;&#160;</u></p><p>If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-</p><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><strong>SIGNATURES</strong></p><p>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</p><table style="font-family: Times New Roman; font-size: 10pt;" border="0" width="100%" cellspacing="0" cellpadding="0"><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%"><strong>&#160;&#160;&#160;&#160;Endeavour Silver Corp.&#160;&#160;&#160;&#160;</strong></td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">(Registrant)</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr><tr valign="top"><td width="47%">Date: April 11, 2022</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%">&#160;&#160;&#160;&#160;/s/ DAN DICKSON&#160;&#160;&#160;&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">Dan Dickson</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">CEO</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr></table><!-- On April 11, 2022, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. <br /><br />(c) Exhibit 99.1. Press release dated April 11, 2022 --><p><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><font style="font-size: 10pt;"><strong>EXHIBIT INDEX</strong></font>&#160;</p><table style="font-size: 10pt;" border="0" cellspacing="0" cellpadding="0"><tr><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Exhibit Number</strong></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;"><strong>Description</strong></font></td></tr><tr><td>&#160;</td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">&#160;</font></td></tr><tr><td><font style="font-size: 10pt;"><a href="exh_991.htm">99.1</a></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;"><a href="exh_991.htm">Press Release dated April 11, 2022</a> </font></td></tr></table></p></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252" ><meta name="GENERATOR" content="MSHTML 8.00.7601.18094" ></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: center;"><font style="font-size: 14pt;"><strong>Endeavour Silver Delivers Strong Production in Q1 2022</strong></font></p><p style="text-align: center;"><strong></strong></p><p>
     <p align="justify"><strong>VANCOUVER, British Columbia, April  11, 2022  (GLOBE NEWSWIRE) -- Endeavour Silver Corp. </strong><strong>(&#8220;Endeavour&#8221; or the &#8220;Company&#8221;) </strong><strong>(NYSE: EXK; TSX: EDR) </strong>is pleased to report first quarter 2022 production of 1,314,955 silver ounces (oz) and 8,695 gold oz, for silver equivalent<sup>1</sup> (&#8220;AgEq&#8221;) production of 2.0 million oz.<br ></p>      <p align="justify">&#8220;The year is off to a strong start,&#8221; stated Dan Dickson, Chief Executive Officer. &#8220;Operationally, Guanacevi continues to outperform production expectations and Bola&#241;itos remains steady. Strategically, we made a significant move in January signing a definitive agreement to acquire the Pitarrilla Project, one of the world&#8217;s largest undeveloped silver deposits. The addition of Pitarrilla, which is expected to close in the second quarter, significantly enhances our already attractive pipeline of growth projects, which also includes Terronera and Parral.&#8221;</p>      <p><strong><u>Q1 2022 Highlights </u></strong></p>      <ul type="disc"><li style="margin-bottom:12pt; text-align:justify;"><strong>Guanacevi Continued to Outperform:</strong> Silver and gold production exceeded plan driven by higher grades.</li><li style="margin-bottom:12pt; text-align:justify;"><strong>Bola&#241;itos&#8217; Performance Remained Steady:</strong> Strong silver production, higher silver grades and increased throughput were offset by the impact of lower than anticipated gold production and lower gold grades.</li><li style="margin-bottom:12pt; text-align:justify;"><strong>Metal Sales and Inventories</strong>: Sold 1,717,768 oz silver and 8,381 oz gold during the quarter. Held 608,788 oz silver and 1,911 oz gold of bullion inventory and 59,594 oz silver and 1,931 oz gold in concentrate inventory at quarter end.</li><li style="margin-bottom:12pt; text-align:justify;"><strong>Advancing the Terronera Project</strong>: Work continued on final detailed engineering, early earth works, critical contracts and the procurement of long lead items.&#160;&#160; The Company intends to make a formal construction decision subject to completion of a financing package and receipt of additional amended permits in the coming months.</li><li style="margin-bottom:12pt; text-align:justify;"><strong>Announced Definitive Agreement to Acquire the Pitarrilla Project: </strong>Endeavour is acquiring Pitarrilla, one of the largest undeveloped silver deposits in the world, from SSR Mining Inc. in a transaction expected to close in Q2 2022. Pitarrilla is located in Durango State, Mexico, which has a long history of mining and is known as a mining-friendly jurisdiction with several mines in operation, including our Guanacevi mine.</li><li style="margin-bottom:12pt; text-align:justify;"><strong>Completed US$46.0 Million Bought Deal Financing: </strong>On March 22, 2022 Endeavour completed a prospectus offering for the issuance of 9,293,150 common shares at a price of US$4.95 per common share for gross proceeds of US$46.0 million, including the exercise of an over-allotment option. The Company plans to use the net proceeds to pay the US$35&#160;million cash consideration payable to SSR&#160;Mining Inc. on completion of the Company&#8217;s acquisition of the Pitarrilla project and for the Company&#8217;s general corporate purposes and working capital.</li></ul>      <p align="justify"><strong><u>Q1 2022 Mine Operations</u></strong></p>      <p align="justify">Consolidated silver production increased by 25% to 1,314,955 ounces in Q1 2022 compared to Q1 2021, primarily driven by a 23% increase in silver production at the Guanacevi mine and a 70% increase in silver production at the Bola&#241;itos mine offset by nil production at El Compas, which the Company put on care and maintenance last August.&#160;&#160;</p>      <p align="justify">Gold production decreased by 22% to 8,695 ounces as a 27% increase in gold production at the Guanacevi mine was offset by a 16% decrease in gold production at the Bola&#241;itos mine and nil production at El Compas.&#160;&#160;</p>      <p align="justify">Guanacevi throughput in Q1 2022 was 14% higher than Q1 2021 and silver grades and gold grades were 10% and 13% higher, respectively. Guanacevi throughput met plan and mining the new higher grade El Curso orebody has led to significantly improved grades and mine flexibility. Additionally, supplies of local third-party ores continued to supplement mine production, amounting to 11% of quarterly throughput and contributing to the higher ore grades.</p>      <p align="justify">Bola&#241;itos Q1 2022 throughput was 7% higher than Q1 2021 with silver grades 61% higher and gold grades 20% lower. Silver production increased by 70% while gold production decreased by 16% at the Bola&#241;itos mine.</p>      <p><strong><u>Production Highlights for the Three Months Ended March 31, 2022</u></strong></p>   <table style="width:100%; border-collapse:collapse !important;;border-collapse: collapse; "><tr><td style="border-bottom: solid black 1pt ; border-top: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; vertical-align: middle ; "><strong>Q1 2022 Highlights</strong></td><td colspan="3" style="border-bottom: solid black 1pt ; border-top: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Three Months Ended March 31,</strong></td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "><strong>&#160;</strong></td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>2022</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>2021</strong></td><td style="border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>% Change</strong></td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Throughput (tonnes)</td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">206,147</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">209,453</td><td style="padding-right: 0 ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">(2%)</td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Silver ounces produced</td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,314,955</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,048,100</td><td style="padding-right: 0 ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">25%</td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Gold ounces produced</td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">8,695</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">11,109</td><td style="padding-right: 0 ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">(22%)</td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Payable silver ounces produced</td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,303,540</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,036,710</td><td style="padding-right: 0 ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">26%</td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Payable gold ounces produced</td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">8,549</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">10,894</td><td style="padding-right: 0 ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">(22%)</td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Silver equivalent ounces produced<sup>1</sup></td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">2,010,555</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,936,820</td><td style="padding-right: 0 ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">4%</td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Silver ounces sold</td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,717,768</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">623,379</td><td style="padding-right: 0 ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">176%</td></tr><tr><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; ">Gold ounces sold</td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">8,381</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">10,663</td><td style="padding-right: 0 ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">(21%)</td></tr></table>   <p><strong><u>Q1 2022 Production by Mine</u></strong></p>   <table style="width:100%; border-collapse:collapse !important;;border-collapse: collapse; "><tr><td style="max-width:12%; width:12%; min-width:12%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "><strong>Production </strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Tonnes </strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Tonnes</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Grade</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Grade</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Recovery</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Recovery</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Silver</strong></td><td style="max-width:11%; width:11%; min-width:11%;;border-top: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Gold</strong></td></tr><tr><td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: middle ; "><strong>by mine</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Produced</strong></td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>per day</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Ag gpt*</strong></td><td style="border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Au gpt*</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Ag %</strong></td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Au %</strong></td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Oz</strong></td><td style="border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; "><strong>Oz</strong></td></tr><tr><td style="border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ;  vertical-align: middle; vertical-align: middle ; ">Guanacev&#237;</td><td style="text-align: center ;  vertical-align: middle; vertical-align: middle ; ">101,253</td><td style="border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,125</td><td style="text-align: center ;  vertical-align: middle; vertical-align: middle ; ">407</td><td style="border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1.19</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">85.6%</td><td style="padding-right: 0 ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">89.8%</td><td style="text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,133,850</td><td style="border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">3,477</td></tr><tr><td style="border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ;  vertical-align: middle; vertical-align: middle ; ">Bola&#241;itos</td><td style="text-align: center ;  vertical-align: middle; vertical-align: middle ; ">104,894</td><td style="border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,165</td><td style="text-align: center ;  vertical-align: middle; vertical-align: middle ; ">61</td><td style="border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1.73</td><td style="padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">88.0%</td><td style="padding-right: 0 ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">89.4%</td><td style="text-align: center ;  vertical-align: middle; vertical-align: middle ; ">181,105</td><td style="border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">5,218</td></tr><tr><td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: justify ;  vertical-align: middle; vertical-align: middle ; ">Consolidated</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">206,147</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">2,291</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">231</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; border-right: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1.46</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">85.9%</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">89.6%</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">1,314,955</td><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; border-right: solid black 1pt ; border-left: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: middle ; ">8,695</td></tr></table>   <p><em>*gpt = grams per tonne</em></p>      <p><strong><u>Q1 2022 Financial Results and Conference Call</u></strong></p>      <p align="justify">The Company&#8217;s Q1 2022 financial results will be released before markets open on Wednesday, May 11, 2022 and a telephone conference call will be held the same day at 10:00 a.m. PT / 1:00 p.m. ET. To participate in the conference call, please dial the numbers below.</p>   <table style="width:95%; border-collapse:collapse !important;;border-collapse: collapse; "><tr><td style="max-width:20%; width:20%; min-width:20%;;vertical-align: top ; ">Date &amp; Time:</td><td style="max-width:80%; width:80%; min-width:80%;;vertical-align: top ; ">Wednesday, May 11, 2022 at 10:00 a.m. PT / 1:00 p.m. ET</td></tr><tr><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">Telephone:</td><td style="vertical-align: top ; ">Toll-free in Canada and the US +1-800-319-4610</td></tr><tr><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">Local or International +1-604-638-5340</td></tr><tr><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">Please allow up to 10 minutes to be connected to the conference call.</td></tr><tr><td style="vertical-align: top ; ">&#160;</td><td style="vertical-align: top ; ">&#160;</td></tr><tr><td style="vertical-align: top ; ">Replay:</td><td style="text-align: justify ;  vertical-align: middle; vertical-align: top ; ">A replay of the conference call will be available by dialing (toll-free)&#160;+1-800-319-6413 in Canada and the US (toll-free) or +1-604-638-9010 outside of Canada and the US. The replay passcode is 8312#. The replay will also be available on the Company&#8217;s website at <u>www.edrsilver.com</u>.</td></tr></table>   <p align="justify"><strong>About Endeavour Silver&#160;&#8211;</strong> Endeavour Silver Corp. is a mid-tier precious metals mining company that operates two high-grade underground silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project towards a development decision, pending financing and final permits and exploring its portfolio of exploration and development projects in Mexico, Chile and the United States to facilitate its goal to become a premier senior silver producer.&#160; Our philosophy of corporate social integrity creates value for all stakeholders.<br ></p>      <p align="justify">SOURCE Endeavour Silver Corp. <br ></p>      <p align="justify"><strong>Contact Information</strong><br >Trish Moran<br >Interim Head of Investor Relations<br >Tel: (416) 564-4290<br >Email: pmoran@edrsilver.com<br >Website: www.edrsilver.com</p>      <p align="justify">Follow Endeavour Silver on Facebook, Twitter, Instagram&#160;and&#160;LinkedIn</p>      <p><strong><u>Cautionary Note Regarding Forward-Looking Statements</u></strong></p>      <p align="justify"><em>This news release contains &#8220;forward-looking statements&#8221; within the meaning of the United States private securities litigation reform act of 1995 and &#8220;forward-looking information&#8221; within the meaning of applicable Canadian securities legislation. Such forward-looking statements and information herein include but are not limited to statements regarding Endeavour&#8217;s anticipated performance in 2022 including changes in mining operations and production levels, the timing and results of various activities and the impact of the COVID 19 pandemic on operations. The Company does not intend to and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.</em></p>      <p align="justify"><em>Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, production levels, performance or achievements of Endeavour and its operations to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the ultimate impact of the COVID 19 pandemic on operations and results, changes in production and costs guidance, national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico; financial risks due to precious metals prices, operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining; the speculative nature of mineral exploration and development, risks in obtaining necessary licenses and permits, and challenges to the Company&#8217;s title to properties; as well as those factors described in the section &#8220;risk factors&#8221; contained in the Company&#8217;s most recent form 40F/Annual Information Form filed with the S.E.C. and Canadian securities regulatory authorities.</em></p>      <p align="justify"><em>Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of the Company&#8217;s mining operations, no material adverse change in the market price of commodities, mining operations will operate and the mining products will be completed in accordance with management&#8217;s expectations and achieve their stated production outcomes, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.</em></p>      <p><sup>_____________________________________________<br ></sup><sup>1</sup> Silver equivalent calculated using an 80:1 silver:gold ratio.</p> </p><p ></p></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
