Endeavour Silver reports financial & operating results

Endeavour Silver Corp. reports its financial and operating results for the second quarter 2008.

The financial results are expressed in US dollars (US$) and are based on Canadian generally accepted accounting practices. For a more detailed review, shareholders can view the complete financial statements and management discussion and analysis at the Company’s website, www.edrsilver.com and on the SEDAR website, www.sedar.ca.

Chairman and CEO of Endeavour Silver Corp., Bradford Cooke comments:

“Endeavour continued to grow its silver production, reduce cash costs and advance its numerous capital expansion and upgrade projects in Q2, 2008. Silver production and cash costs are expected to improve again in the 3rd quarter as various capital projects are completed. As shown by the tremendous progress achieved at Guanajuato in the 2nd quarter, the Company’s expansion and upgrade programs should continue to positively impact production output and cash costs in the second half of the year. Endeavour also enjoyed good success in its exploration drilling programs in Q2, 2008 intersecting several new high grade silver veins in the prospective San Pedro area at Guanacevi. Management anticipates reporting on substantial progress from its exploration and acquisition programs in Mexico over the next two quarters. The Company currently has four drills working on three of its silver projects.”

For full details of this press release, click this link.  To view Endeavour Silver’s company profile, click here. Follow developments in silver mining and exploration for free. Sign on to the Silver Investing Newsletter.