Endeavour Silver Extends New High Grade Silver-Gold Mineralization in Villalpando-Asuncion Vein at El Cubo Mine Over 800 Metre Length

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 15, 2014) - Endeavour Silver Corp. (NYSE:EXK)(TSX:EDR) announces that exploration drilling at the El Cubo mine in Guanajuato State, Mexico has extended the recently discovered high grade, silver-gold mineralized zone in the Asuncion area of the Villalpando vein system (V-Asuncion) to over 800 metres long, still open at depth and to the southeast for expansion.

Drilling highlights from the V-Asuncion area in 2014 include 194 grams per tonne (gpt) silver and 2.89 gpt gold over 13.6 metres (m) true width, or 10.7 ounces per ton (opT) silver equivalents over 44.6 feet (ft), in hole CAS-44, including 10,843 gpt silver and 99.2 gpt gold over 0.15 m true width, or 490 opT silver equivalents over 0.5 ft (this high grade interval is uncut but only 1% of the total interval).

At a 100 gpt/m cutoff, this mineralized zone now measures more than 800 m long by up to 400 m deep by up to 14 metres thick (see V-Asuncion longitudinal section here). Silver equivalents are calculated at a ratio of 60: 1 silver: gold. Drilling highlights were as follows:

Hole	Structure	From (m)	True Width (m)	Au (gpt)	Ag (gpt)	AgEq (gpt)
CAS-39	Villalpando	285.10	4.80	1.59	268	363
	Including	288.35	0.77	2.68	476	637
CAS-41	Villalpando	440.05	1.52	2.85	179	350
	Including	440.70	0.74	3.87	231	463
CAS-42	Villalpando	202.30	1.51	4.35	692	953
	Including	202.75	0.75	8.20	1225	1717
CAS-43	Villalpando	233.95	5.94	1.34	144	224
	Including	234.50	0.57	6.05	373	736
CAS-44	Villalpando	264.10	13.56	2.89	194	368
	Including	265.00	0.15	99.20	10843	16795
CAS-47	Villalpando	188.40	1.50	0.87	181	234
	Including	189.95	0.24	0.94	465	521
CAS-48	Villalpando	228.80	3.95	1.30	143	221
	Including	228.80	0.27	2.61	275	432

In 2012, Endeavour identified the V-Asuncion area as one of several highly prospective target areas for the discovery of new high grade silver-gold mineralization at El Cubo. At that time, the evidence for potential mineralization consisted of some old flooded mine workings at V-Asuncion, high grade mineralization in a small resource area a few hundred metres to the northwest within the Villalpando vein, and an extensive area to the southeast of V-Asuncion within the prospective "bonanza" horizon that had never been drilled.