► Terronera has the potential to become Endeavour’s next core asset and its largest and lowest cost mine
► The Final 2020 Pre-Feasibility Study highlights the robust economics of this high grade vein system
► After tax NPV 5% = $137 million, IRR = 30%, Payback Period = 2.7 years at base case prices of $1,419 gold and $15.97 silver
► $0.00 per oz Cash Cost, $2.10 per oz MAISC, $99 million initial capex
► 1,600 tpd capacity underground mine and floatation plant producing high grade bulk sulfide concentrates
► 3.0 million oz per yr silver and 33,000 oz per yr gold for 10 year initial mine life
About the author
About Endeavour Silver
Endeavour Silver Corp. is a mid-tier precious metals mining company listed on the NYSE:EXK and TSX:EDR. Endeavour operates three, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera Mine Project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer. Our philosophy of corporate social integrity creates value for all stakeholders.
To learn more, please visit https://www.edrsilver.com