Endeavour Silver Corp. (TSX:EDR)(NYSE:EXK) set new records for quarterly silver
and gold production in the Third Quarter, 2013 from the Company's three
operating silver mines in Mexico: the Guanacevi Mine in Durango State and the
Bolanitos and El Cubo Mines in Guanajuato State. 


Silver production in the Third Quarter, 2013 was up 63% to 1,855,846 ounces (oz)
and gold production was up 95% to 22,947 oz compared to the Third Quarter, 2012.
Revenue was up 31% to approximately US$67.8 million in the Third Quarter, 2013
as a result of the increased precious metal production, partially offset by
lower metal prices.


Production Highlights for Third Quarter, 2013 (Compared to Third Quarter, 2012)



--  Silver production increased 63% to 1,855,846 oz 
--  Gold production jumped 95% to 22,947 oz 
--  Silver equivalent production escalated 75% to 3.23 million oz (at a 60:1
    silver: gold ratio) 
--  Revenue rose 31% to an estimated $67.8 million on 1,788,375 silver oz
    and 20,958 gold oz sold 

--  Realized silver price fell 21% to $22.60 per oz sold(2) 
--  Realized gold price fell 14% to $1,409 per oz sold(2) 
--  Bullion inventory at quarter-end included 365,481 oz silver and 2,176 oz
    gold 
--  Concentrate inventory at quarter-end included 19,645 oz silver and 297
    oz gold 

--  Enhanced cash flow by increasing production tonnes and/or grades at all
    three mines 
--  Continued to cut costs through additional work-force reductions and
    operating efficiencies 
--  El Cubo and Bolanitos production and recoveries both benefitted from the
    clean-out of the leased Las Torres plant before it was returned to the
    owner in late July 
--  Increased 2013 production guidance as a result of the out-performance of
    the Bolanitos mine and the operational turn-around of the El Cubo mine 



Bradford Cooke, CEO and Director, commented, "Our operations team continues to
meet or beat their production targets. Production at each of the three mines was
above plan for the quarter and we made a seamless transition from processing
extra Bolanitos production through the Las Torres leased plant to filling the
excess capacity at the newly rebuilt El Cubo plant."


"We are now half way through our two year operational turn-around at El Cubo and
it appears to have turned the corner. I would like to credit our work force for
making the changes needed to improve productivity. There is still much work to
do but through continued co-operation, our goal is to continue improving the
production grades and lowering the operating costs."


"Our exploration team also continued to deliver during the Third Quarter,
drilling into four new high-grade mineralized zones, three at Bolanitos and one
at El Cubo. Exploration drilling was shut down during Q3 to reduce discretionary
expenditures but with the robust Q3 production results, drilling has now resumed
at El Cubo and Bolanitos."


"Endeavour is now approaching its original production guidance for 2013 in just
three quarters and we are on track to meet or beat our increased guidance
targets for the year that were released in September. However, the Third Quarter
production benefitted from the one time clean-out of the Las Torres plant so
management cautions against using the Q3 production as a measure for Q4
production."


At Bolanitos, the mine continued to operate well above plan in Q3, 2013
resulting in the Company revising its 2013 production guidance upwards for both
silver and gold. The Bolanitos plant operated at capacity and the mine produced
an extra 32% tonnes above plan in order to fill the available capacity at the
newly rebuilt El Cubo plant. Ore grades were also significantly above plan, as
production grades continued to exceed reserve grades.


At El Cubo, the operational changes implemented over the past year have gained
traction and now appear to be sustainable. Production grades continued to trend
higher as the operation focuses on reducing dilution and eliminating production
from uneconomic stopes, while maintaining production tonnes. Recoveries were
higher than planned due to the Las Torres plant being cleaned out and returned
to Fresnillo during the quarter, the timing of dore bars poured at the end of
the Second Quarter, and the decision in September based on economic returns at
current metal prices to clean out the leach circuit and start selling precious
metal concentrates from El Cubo.


The highlights of Endeavour's one year report card since the Company acquired El
Cubo are as follows:




--  Reduced lost time accident rate by 75% in first 12 months 
--  Improved union and employee relationships with more co-operation, less
    confrontation 
--  Reduced employee work force by 40% to reduce costs while maintaining
    production 
--  Rebuilt the plant and surface infrastructure on time and under budget 
--  Initiated new mine plan to accelerate the development of larger, higher
    grade reserve blocks 
--  Improved production grades significantly in the first year while
    maintaining mine output 
--  Reduced operating costs in Q1 and anticipate significant improvements in
    Q3 and Q4 
--  Restarted exploration drilling and identified first new high grade
    mineralized zone at Asuncion 



At Guanacevi, production was steady at 1,169 tpd, with ore grades better than
planned due to increased production from the higher grade Porvenir Cuatro mine.
Recoveries were above plan due to the timing of dore bars poured at the end of
the Second Quarter. 


Production Tables for Third Quarter, 2013



----------------------------------------------------------------------------
  Three Months Ended Sep 30                         Nine Months Ended Sep 30
                          %                                                %
      2013      2012 Change  Q3 2013 Highlights        2013      2012 Change
----------------------------------------------------------------------------
                                 Production                                 
----------------------------------------------------------------------------
   389,090   306,164    27%  Throughput (tonnes)  1,158,504   702,910    65%
 1,855,846 1,137,883    63%     Silver ounces     4,881,436 3,250,400    50%
    22,947    11,754    95%      Gold ounces         57,892    25,770   125%
 1,799,695 1,126,553    60% Payable silver ounces 4,738,697 3,217,945    47%
    22,107    11,634    90%  Payable gold ounces     55,950    25,510   119%
                              Silver equivalent                             
 3,233,249 1,843,123    75%       ounces(1)       8,355,599 4,796,600    74%
      67.8      51.9    31% Revenue ($ millions)      208.9     141.4    48%
 1,778,375 1,294,241    37%  Silver ounces sold   5,091,023 3,469,241    47%
    20,958     8,984   133%   Gold ounces sold       62,159    22,130   213%
                            Realized silver price                           
  22.60(2)     28.72  (21%)       per ounce        24.22(2)     30.26  (22%)
                             Realized gold price                            
  1,409(2)     1,637  (14%)       per ounce        1,415(2)     1,644  (14%)
----------------------------------------------------------------------------

1.  Silver equivalent ounces calculated using 60:1 ratio 
2.  Revenue from the sale of concentrates is subject to adjustments upon
    final settlement. Concentrate sales are subject to mark-to-market
    accounting treatments resulting in quarterly closing prices used for a
    significant portion of metal sales. Furthermore, reported revenue and
    realized prices include adjustments to prior quarter sales on final
    settlement. 

----------------------------------------------------------------------------
----------------------------------------------------------------------------
                             Grade  Grade                                   
Production  Tonnes   Tonnes     Ag     Au Recovery Recovery    Silver   Gold
by mine   Produced  per day gpt(1) gpt(1)     Ag %     Au %        Oz     Oz
----------------------------------------------------------------------------
Guanacevi  107,480    1,169    265   0.70     78.0     82.1   715,080  1,978
Bolanitos  181,442 1,973(2)    147   2.75     92.5     98.9   794,734 15,868
El Cubo    100,168    1,089    112   1.62     95.6     97.8   346,032  5,101
----------------------------------------------------------------------------
Consoli-                                                                  
 dated     389,090    4,231    171   1.89     86.7     96.9 1,855,846 22,946
----------------------------------------------------------------------------
----------------------------------------------------------------------------

1.  gpt = grams per tonnes 
2.  Includes 41,335 tonnes (449 tpd) processed at El Cubo facility 



Release of Third Quarter, 2013 Financial Results and Conference Call 

The Third Quarter, 2013 financial results will be released after market on
Tuesday, November 5 and a telephone conference call to discuss the Third Quarter
2013 financial results will be held at 10 am PST (1 pm EST) on Wednesday,
November 6, 2013.


About Endeavour Silver - Endeavour is a mid-tier silver mining company focused
on growing its profits, production, reserves and resources in Mexico. Since
start-up in 2004, Endeavour has posted eight consecutive years of accretive
growth of its silver mining operations. The organic expansion programs now
underway at Endeavour's three silver-gold mines in Mexico combined with its
strategic acquisition and exploration programs should facilitate Endeavour's
goal to become a premier senior silver producer. 


Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of
the United States private securities litigation reform act of 1995 and
"forward-looking information" within the meaning of applicable Canadian
securities legislation. Such forward-looking statements and information herein
include but are not limited to statements regarding Endeavour's anticipated
performance in 2013 and the timing and results of exploration drill programs.
The Company does not intend to, and does not assume any obligation to update
such forward-looking statements or information, other than as required by
applicable law.


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.



FOR FURTHER INFORMATION PLEASE CONTACT: 
Endeavour Silver Corp.
Meghan Brown
Director Investor Relations
(604) 640-4804 or Toll free: (877) 685-9775
(604) 685-9744 (FAX)
mbrown@edrsilver.com
www.edrsilver.com
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