Endeavour Silver appoints Paspalas as director

Executive Summary

• Endeavour Silver Corp. announced significant changes to its board and senior management team to support its growth strategy and transition toward becoming a senior silver producer.
• George Paspalas was appointed to the Board of Directors, effective March 1, 2026, bringing over 40 years of international mining leadership experience.
• Don Gray retired as Chief Operating Officer (effective April 30, 2026), and Luis Castro was appointed as the new Chief Operating Officer (effective March 1, 2026).
• Gord Bussieres was appointed as Vice-President, Projects, to lead the advancement of the company's development portfolio.

Key Details

• Board Appointment: George Paspalas appointed to the Board of Directors, effective March 1, 2026.
  • Previous role: President, CEO, and Director of Mag Silver Corp. (2013–2025).
  • Key achievement: Led development and ramp-up of the Juanicipio silver mine; guided Mag Silver through its sale to Pan American Silver.
  • Experience: Over 40 years in precious and base metals; oversaw construction/operation of open-pit and underground mines in South Africa, Tanzania, Australia, South America, Mexico, and Canada.
• COO Retirement: Don Gray retiring as Chief Operating Officer, effective April 30, 2026.
  • Key contributions: Transformed the Terronera project from exploration to operational cornerstone; secured foundational approvals; led initial planning for the Pitarrilla project.
• COO Appointment: Luis Castro appointed as Chief Operating Officer, effective March 1, 2026.
  • Internal promotion: Fourth employee to join Endeavour (2004).
  • Previous roles: Project Geologist (2004), Exploration Manager (2008), Vice-President, Exploration (2012).
  • Expertise: Geology, exploration, government relations, and mining; spearheaded exploration programs and key mineral discoveries.
• VP Projects Appointment: Gord Bussieres appointed as Vice-President, Projects.
  • Responsibilities: Leading advancement of development portfolio, guiding projects through feasibility studies and into construction.
  • Experience: Over 40 years in mining; last two decades with JDS Energy & Mining in senior leadership roles focused on project execution and technical leadership.

Notable Quotes

• Rex Mclennan, Chairman: "We are thrilled to welcome George to the Endeavour Silver board of directors... Board and management succession planning that fill gaps and strengthens our team is key to success."
• Dan Dickson, CEO (on Don Gray): "Don's vision and commitment have left a deep-rooted mark on our company, guiding the Terronera project from its earliest days to operations and laying the foundation for our future growth at Pitarrilla."
• Dan Dickson, CEO (on Luis Castro): "Luis's journey with Endeavour began in 2004, and, over the years, he has demonstrated dedication, deep expertise and exceptional leadership across multiple roles."
• Dan Dickson, CEO (on Gord Bussieres): "Gord's background in guiding complex project initiatives and leading diverse groups of individuals will be a tremendous asset as we move forward with Pitarrilla and our other development projects."