Northwire Canada EditionMonday, August 24, 2026
Northwire
GOLD 4680.60 +2.4% SILVER 69.53 +2.1% COPPER 6.59 +1.8% OIL 87.06 +0.3% PALLADIUM 1350.20 +0.9% FFU 0.115 +4.5% MERG 0.880 +4.8% FYL 0.090 −5.3% FAN 0.570 +1.8% RCK 0.720 +2.9% SGML 16.03 +8.1% BKM 2.80 +0.0% CGNT 1.25 +2.5% TTS 2.10 −17.6% SVRS 0.500 +0.0% FMM 0.050 +0.0% GSPR 0.105 −4.5% MKO 14.50 +0.2% EVER 0.510 −1.9% HSTR 2.32 +0.0% THM 1.20 −0.8% GOLD 4680.60 +2.4% SILVER 69.53 +2.1% COPPER 6.59 +1.8% OIL 87.06 +0.3% PALLADIUM 1350.20 +0.9% FFU 0.115 +4.5% MERG 0.880 +4.8% FYL 0.090 −5.3% FAN 0.570 +1.8% RCK 0.720 +2.9% SGML 16.03 +8.1% BKM 2.80 +0.0% CGNT 1.25 +2.5% TTS 2.10 −17.6% SVRS 0.500 +0.0% FMM 0.050 +0.0% GSPR 0.105 −4.5% MKO 14.50 +0.2% EVER 0.510 −1.9% HSTR 2.32 +0.0% THM 1.20 −0.8%
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.

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 →

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