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    Endeavour Silver Corp Breaks Gold Production Records in Q1

    Investing News Network
    Apr. 08, 2013 09:26AM PST
    Gold Investing

    Endeavour Silver Corp. (TSX:EDR, NYSE:EXK) announced that they set production records for gold in Q1 2013.

    Endeavour Silver Corp. (TSX:EDR, NYSE:EXK) announced that they set production records for gold in Q1 2013.

    As quoted in the press release:

    Silver production in the First Quarter, 2013 was up 39% to 1,489,746 ounces (oz) and gold production was up 138% to 15,032 oz compared to the First Quarter, 2012. Revenues were up 42% to US$69.9 million thanks to the increased metal production and some sales of accumulated concentrate, partly offset by lower metal prices.

    Endeavour’s President and COO, Godfrey Walton, said:

    Endeavour’s mining operations enjoyed a good start to 2013 with record quarterly silver and gold production in the First Quarter, 2013. Guanacevi rebounded from a slow start with better than planned silver grades and recoveries thanks to the commencement of production at the Porvenir Cuatro mine. Bolanitos continued to exceed expectations with higher than planned mine output, the extra ore being processed at the leased Las Torres plant near El Cubo and the extra concentrates being sold thanks to two new concentrate sales contracts. El Cubo continued to improve with higher production tonnes and grades compared to Q4, 2012.

    To view the whole press release, click here.

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