Endeavour Silver Corp. (TSX: EDR)(AMEX: EXK)(DBFrankfurt:EJD) announces that exploration drilling on its San Pedro properties in the Guanacevi silver district of Durango State, Mexico has encountered several new zones of high grade silver mineralization, including 6,680 gpt silver and 11.2 gpt gold over 1.15 m in drill hole EPS3-1.

Endeavour has drilled 12 holes to date on the San Pedro (see news release dated December 12, 2007) and adjacent Milache (see news release dated November 27, 2007) properties. These properties were recently acquired by the Company in the north end of the Guanacevi silver district in order to consolidate Endeavour's land-holdings and boost its silver resources near Endeavour's core operating silver asset, the Guanacevi Mines project in Guanacevi.

Seven of the 12 drill holes intersected economically interesting silver mineralization in five separate target areas spread over a 3.0 km x 1.5 km area at San Pedro. Each of the five target areas is wide open for expansion. Several of them may in fact be different portions of one large mineralized vein/manto system that appears to underlie much of the San Pedro area.

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