Endeavour Silver employee dies at El Cubo

2014-04-07 14:37 ET - News Release

Mr. Bradford Cooke reports

ENDEAVOUR SILVER REPORTS FATALITY AT EL CUBO MINE

Endeavour Silver Corp. regrets the death of an employee on Saturday, April 5, 2014, due to a rock fall underground at the V-Asuncion mine, part of the El Cubo mine operations in Guanajuato state, Mexico.

The V-Asuncion mine was closed immediately, and an internal investigation has been completed. Endeavour is now working with the Mexican authorities to facilitate their investigation of this accident. Once the investigation is completed, Endeavour will review and implement any additional safety measures recommended to prevent such an accident from recurring.

As this is the second fatal accident at Endeavour's mining operations in Mexico in the last week, the company has decided to immediately implement a full safety retraining program at all three mines. Each mine will shut down for two days so each shift in turn can receive a two-day refresher course on safety policies and practices. In addition, Endeavour will retain a group of safety specialists to review the company safety programs and implement their recommendations. The company is already ahead of its production plan for the year so the mine closures are not expected to impact production guidance.

Bradford Cooke, chief executive officer of Endeavour, stated: "We truly regret this accident, and we offer our sincere condolences to the family of the deceased. The safety of our employees is a top priority for Endeavour. We have initiated stronger measures to try and prevent such accidents from recurring, and we will continue to seek out new initiatives to protect the health of our employees."