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    Craig StanleyRaymond James Ltd.

    Craig Stanley's questions to Endeavour Silver Corp (EXK) leadership

    Craig Stanley's questions to Endeavour Silver Corp (EXK) leadership • Q2 2025

    Question

    Craig Stanley asked about the operational performance of the new filter presses at Terronera. He also inquired about the expected timing for the release of an updated NI 43-101 technical report for Culpa and an updated study for the Pitarrilla project.

    Answer

    CEO Dan Dixon and COO Dawn Gray both reported that the filter presses at Terronera are working "really, really well" and commissioning went much smoother than anticipated, representing no bottleneck to production. Dixon stated that a new technical report for Culpa will likely be released in mid-2026 due to the work required to validate historical data. He also noted that an updated study for Pitarrilla is now likely delayed from early next year as key personnel remain focused on the Terronera ramp-up.

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