NEW YORK (Commodity Online): Endeavour Silver Corporation (NYSE Amex:EXK) recorded a 6% rise in the silver production for the Third Quarter, 2009 from the Company's two operating silver mines in Mexico.
Company today announced that the silver production from its two mines in Mexico, Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State, totalled at 661,903 ounces (oz) silver, up 6% compared to Q3, 2008.
Get Trading Tips just for one commodityGold production also rose in the Third Quarter, 2009, up 46% to 3,604 oz compared to Q3, 2008.
The company posted strong quarter of production growth in Q3, 2009 on the back of continued tonnage throughput, ore grades and metal recoveries all continuing to improve at both Guanacevi and Guanajuato.
The company anticipated yet another record production during the Q4 of the current year. Endeavour forecasts its silver production will climb sharply in the Fourth Quarter of 2009 as this year's capital expansion programs are now largely completed.
Endeavour Silver Corp. is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico. Since start-up in 2004, Endeavour has posted four consecutive years of growing silver production and resources.
