VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) reports second quarter 2026 production of 1,943,955 silver ounces ("oz"), 10,474 gold oz, and in combination with base metals, a silver equivalent (1) production of 3.4 million oz. Year-to-date production was 3,819,329 silver oz and 22,215 gold oz for a total silver equivalent production of 6.8 million ounces. All dollar amounts are in US dollars ($).
"During the second quarter, we continued to advance our operational priorities across the portfolio, with Terronera making steady progress through plant optimization, Kolpa delivering a meaningful step-up in throughput following its plant expansion, and Pitarrilla feasibility study advancing," commented Dan Dickson, Chief Executive Officer. "While Terronera's production remains in line with our planned first-half ramp-up profile, the continued improvement in Terronera recoveries and the strong contribution from Kolpa position us well as we work to build momentum through the remainder of 2026."
Q2 2026 Production Overview
Terronera Continues Plant Optimization: Throughput was consistent with plan in Q2, while metal recoveries improved through continued process refinement.
Kolpa Expansion Increases Throughput: A significant portion of the plant expansion was commissioned at the end of Q1 2026, resulting in throughput of 233,408 tonnes in Q2 2026, a substantial increase compared to previous quarters. Recoveries remained stable through Q2 2026, while grades experienced a slight decrease as mining development in higher-grade areas catches up with the new plant capacity. As a result, Q2 2026 silver production was 19% higher than Q1 2026 and silver equivalent production was 26% higher.
Guanaceví Maintains Stable Throughput: Throughput and recoveries were slightly higher than Q2 2025, offset by lower silver and gold grades. As a result, silver production was below plan while gold production remains in line with plan.
Metal Sales and Inventories: Sold 2,086,717 silver oz and 10,823 gold oz during the second quarter. A total of 268,522 silver oz and 900 gold oz of bullion inventory and 41,771 silver ounces and 399 gold ounces in concentrate inventory are held as at June 30, 2026.
Q2 2026 Operations
Consolidated silver production was 1,943,955 oz in Q2 2026, slightly below plan, and 31% higher than 1,483,736 oz produced in Q2 2025. Higher production is attributed to the additional oz from Kolpa (note that Q2 2025 included 2 months of production from Kolpa following acquisition on May 1, 2025) and 608,347 oz from Terronera which achieved commercial production on October 1, 2025. These contributions were partially offset by the sale of Bolañitos which was finalized on January 15, 2026. Silver production at Guanaceví was 30% lower than Q2 2025, predominantly due to 35% lower silver grades partially offset by 4% higher throughput.