Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Endeavour and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico; operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining; the speculative nature of mineral exploration and development, risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties; as well as those factors described in the section "risk factors" contained in the Company's most recent form 40F/Annual Information Form filed with the S.E.C. and Canadian securities regulatory authorities.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of the Company's mining operations, no material adverse change in the market price of commodities, mining operations will operate and the mining products will be completed in accordance with management's expectations and achieve their stated production outcomes, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.
ENDEAVOUR SILVER CORP.
COMPARATIVE TABLE OF CONSOLIDATED MINE OPERATIONS
Comparative Table of Consolidated Mine Operations---------------------------------------------------------------------------- Plant Cash DirectPeriod T'put Ore Grades Recovered Ounces Recoveries Cost Cost---------------------------------------------------------------------------- Ag Au Ag Au Ag Au $ per $ per Tonnes (gpt) (gpt) (oz) (oz) (%) (%) oz tonne----------------------------------------------------------------------------Production2013 Year:Q1, 2013 376,344 154 1.51 1,489,746 15,032 79.9 82.3 10.04 99.63Q2, 2013Q3, 2013Q4, 2013----------------------------------------------------------------------------Total 376,344 154 1.51 1,489,746 15,032 79.9 82.3 10.04 99.63----------------------------------------------------------------------------Production2012 Year:Q1, 2012 193,759 229 1.33 1,072,491 6,321 75.2 76.2 6.26 92.44Q2, 2012 202,987 208 1.47 1,040,026 7,695 76.5 80.3 5.46 86.32Q3, 2012 306,164 161 1.49 1,137,933 11,754 71.8 80.1 4.70 97.04Q4, 2012 362,779 151 1.55 1,235,026 12,917 70.1 71.7 12.25 92.86----------------------------------------------------------------------------Total 1,065,689 179 1.48 4,485,476 38,687 73.2 76.5 7.33 92.74--------------------------------------------------------------------------------------------------------------------------------------------------------Q1, 2013: 94% -33% 13% 39% 138% 6% 8% 60% 8%Q1, 2012--------------------------------------------------------------------------------------------------------------------------------------------------------Q1, 2013: 4% 2% -2% 21% 16% 14% 15% -18% 7%Q4, 2012--------------------------------------------------------------------------------------------------------------------------------------------------------YTD 2013: 94% -33% 13% 39% 138% 6% 8% 60% 8%YTD 2012----------------------------------------------------------------------------
