Endeavour Silver reported Q3 2024 production of 874,717 silver ounces and 9,290 gold ounces, for silver equivalent production of 1.6 million ounces. Total year-to-date production of 6.0 million AgEq ounces is tracking towards the updated 2024 production guidance of 7.3 million to 7.6 million AgEq ounces. Production decreased in August and September due to a trunnion failure of the primary ball mill. At Guanacevi, production for Q3 2024 amounted to 768,905 silver ounces and 2,828 gold ounces. Estimated fabrication timing remains at 15 weeks with the mine being back to full operations in December 2024. With throughput remaining steady, gold production at Bolanitos continues to be slightly above plan due to higher gold grades. Silver production continues to be slightly below plan due to lower silver grades. Processed ore grades are expected to have similar variation for Q4. The company sold 1,017,392 silver ounces and 9,412 gold ounces during Q3. Drawdowns totaling $25M were made during Q3 2024 to develop the Terronera mine, and a further and final drawdown of $35M subsequent to quarter end.
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