Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

Endeavour Silver Intersects High-Grade Silver and Gold Mineralization at its Terronera Operation

Endeavour’s high-grade Terronera drill results extend mine life despite cost creep and reserve depletion at Guanaceví.

By The Northwire Desk — AI Analysis Jun 18, 2026 · 06:50 EDR · 12.49 Endeavour Silver Corp.
Executive Summary
  • Endeavour Silver announced positive drill results from its 2025-2026 exploration program at the Terronera mine in Jalisco, Mexico.
  • The program successfully extended high-grade silver and gold mineralization along strike and at depth across the La Luz and Terronera vein systems.
  • Key intercepts include LL-43 (1.06m at 574 g/t Ag, 23.92 g/t Au) and TRU-001 (8.11m at 282 g/t Ag, 1.80 g/t Au).
  • La Luz mining is scheduled to commence in 2027 using long hole and cut-and-fill methods.
  • Two drill rigs are currently active, with testing expected through mid-Q4 2026.
  • Results were analyzed by SGS laboratory and approved by Qualified Person Dale Mah, P.Geo.
Material Impact
  • This is a Routine - Positive update. The drill results are expected and telegraphed by management's prior commitment to release exploration data in Q2.
  • While the high-grade intercepts are geologically encouraging and support the 2027 La Luz ramp-up, they do not alter near-term production volumes, cost guidance, or capital allocation plans.
  • The stock price has remained flat since the Q1 earnings release ($12.68 on May 6 to $12.49 on June 17), indicating the market had already priced in the operational context and these results are not a surprise.
EDR · Price
Company Overview
  • Endeavour Silver is a mid-tier precious metals producer operating three producing mines and one advanced project.
  • Terronera (Jalisco, Mexico): Underground silver-gold mine, commercial production since Oct 2025, 2,000 tpd capacity.
  • Kolpa (Huancavelica, Peru): Silver-base metals mine, acquired May 2025, expanding to 2,500 tpd.
  • Guanaceví (Durango, Mexico): Operating silver-gold mine, facing reserve depletion.
  • Pitarrilla (Durango, Mexico): Advanced silver project with a 600 Moz Ag resource, awaiting feasibility study and permitting.
Read the original news release →

More from Endeavour Silver Corp.

Oct 13, 2026 · 17:05

Endeavour’s Guanaceví mill repairs are on schedule, but the outage does not extend the mine’s two-year reserve life.

Production / Operations Oct 08, 2026 · 06:50

Endeavour trimmed its full-year guidance and reset its all-in sustaining costs due for November 9 after a third quarter that fell slightly below plan.

Production / Operations Sep 22, 2026 · 06:50

Endeavour’s Guanaceví ball-mill outage reduced Q3 silver output by a few percent, resulting in a minor cash hit.

Production / Operations Aug 23, 2026 · 19:00

Endeavour confirms the Terronera restart while grievances regarding the Ejido mine remain unresolved.

Production / Operations Aug 20, 2026 · 21:00

Endeavour’s Terronera project remains blocked with no new details as the market looks past the halt.

Production / Operations Aug 16, 2026 · 21:00

Endeavour’s Core Terronera halt interrupts planned H2 grade and LNG ramp-up, stalling anticipated production increases at the project.

Production / Operations