Endeavour Silver Produces 2.0 Million Silver Equivalent Ounces In Q1 2022

Endeavour Silver Corp. (TSX: EDR) shared this morning its production update for Q1 2022. The release highlighted a silver equivalent production of 2.0 million ounces, marginally up from Q1 2021’s 1.9 million ounces.

The quarterly production consists of 1.3 million silver ounces and 8,695 gold ounces, compared to last year’s 1.0 million silver ounces and 11,109 gold ounces.

In addition, the firm sold 1.7 million silver ounces and 8,381 gold ounces during the quarter vis-a-vis last year’s 0.6 million silver ounces and 10,663 gold ounces.

“The year is off to a strong start,” said CEO Dan Dickson. “Operationally, Guanacevi [mine] continues to outperform production expectations and Bolañitos [mine] remains steady.”

Specifically, the decrease in gold production is being attributed to the decrease in Bolañitos mine and nil production at El Compas.

Dickinson also said that the addition of the Pitarilla project will also “significantly enhance” its pipeline of growth projects.

The mining company previously announced that it is expecting 2022 annual production to be between 6.7 and 7.6 million silver equivalent ounces.

Endeavour Silver Corp. last traded at $6.15 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Endeavour Silver Sees Initial Capital Costs Jump 22% At Terronera

Endeavour Silver (TSX: EDR) has seen expected costing at its Terronera project under development rise...

Friday, February 7, 2025, 08:07:52 AM

Endeavour Silver Q4 Earnings: Market Loves The Results

Three weeks ago we had a request to cover Endeavour Silver’s (TSX: EDR) fourth quarter...

Sunday, March 16, 2025, 12:25:00 PM

Endeavour Silver Q2 Earnings: Growth Isn’t Always Pretty

After a weak performance in the first quarter of 2025, Endeavour Silver (TSX: EDR) has...

Sunday, September 7, 2025, 07:32:00 AM

Endeavour Silver Intersects 2,914 G/T Silver Equivalent Over 0.89 Metre At Parral Project

Endeavour Silver Corp. (TSX: EDR) announced today the latest drill results from the ongoing exploration...

Thursday, December 16, 2021, 12:36:00 PM

Aztec Minerals, Endeavour Silver See Founder And Chair Bradford Cooke Pass Away

Another force to be reckoned with in the Canadian junior markets has passed away. Bradford...

Friday, August 19, 2022, 09:27:21 AM