Mr. Bradford Cooke reports

ENDEAVOUR SILVER PRODUCES 1,669,609 OZ SILVER AND 15,131 OZ GOLD (2.6 MILLION OZ SILVER EQUIVALENTS) IN THE SECOND QUARTER, 2014

Endeavour Silver Corp. has released strong silver and gold production results in the second quarter of 2014, trending ahead of guidance year to date. The company owns and operates three silver-gold mines in Mexico: the Guanacevi mine in Durango state and the Bolanitos and El Cubo mines in Guanajuato state.

Silver production in the second quarter, 2014 was up 9 per cent to 1,669,609 ounces, while gold production was down 24 per cent to 15,136 ounces compared with the second quarter of 2013. Silver equivalent production fell 6 per cent to 2.6 million ounces using a 60:1 silver:gold ratio.

Production highlights for second quarter 2014 (compared with second quarter 2013)

• Silver production increased 9 per cent to 1,669,609 ounces.
• Gold production decreased 24 per cent to 15,136 ounces.
• Silver equivalent production decreased 6 per cent to 2.6 million ounces (at a 60:1 silver: gold ratio).
• Silver ounces were sold down 1 per cent to 1,774,306 ounces.
• Gold ounces sold were down 42 per cent to 14,688 ounces.
• Bullion inventory at quarter-end included 119,866 ounces silver and 272 ounces gold.
• Concentrate inventory at quarter-end included 86,724 ounces silver and 1,266 ounces gold.

Endeavour chief executive officer Bradford Cooke commented: "Our second quarter silver production improved year on year but pulled back from the outperformance of our first quarter production, closer to our plan for 2014. Quarterly gold production was lower compared to last year primarily due to the overproduction of the Bolanitos mine in 2013. Production remains ahead of guidance year to date, and safety remains our top priority.

"With all three mines performing well, we turned our focus in second quarter 2014 back to exploration. We now have a total of 12 drill rigs working at the three mines plus our emerging new high-grade silver-gold discovery on the San Sebastian property."

At Guanacevi, higher silver grades and higher recoveries related to ore from the Porvenir Cuatro mine helped deliver a significant production increase compared to the second quarter 2013.

At Bolanitos, the mine continued to operate at plant capacity in the second quarter 2014. Gold grades continued to exceed estimated reserve grades. In 2013, excess ore from the mine was processed at El Cubo facilities but in 2014, management is focused on ramping up ore production at El Cubo to fill its own plant to capacity by year-end.

At El Cubo, production grades improved in the second quarter 2014, but mine output declined due to development initiatives, part closure of the mine subsequent to the fatality reported April 9, and the company initiatives to reimplement programs of safe practices in the workplace and retrain the entire work force. Management continues to focus on accelerated mine development and training needed in order to make the performance progress sustainable over the longer term. The mine is now back on plan to fill the plant capacity by year-end and start building an ore stockpile.

                   PRODUCTION FOR THE SECOND QUARTER 2014 

                             Grade  Grade                                   
Production   Tonnes  Tonnes     Ag     Au Recovery Recovery    Silver   Gold
by mine    produced per day    g/t    g/t     Ag %     Au %        oz     oz

Guanacevi   108,822   1,196    272   0.55    83.6%    86.1%   795,824  1,656
Bolanitos   142,370   1,565    152   2.47    89.7%    88.3%   623,898  9,980
El Cubo      88,084     968    103   1.44    85.7%    85.7%   249,887  3,495
Consol-                                                                     
idated      339,276   3,728    178   1.59    86.1%    87.4% 1,669,609 15,131


           PRODUCTION FOR THE SIX MONTHS ENDED JUNE 30, 2014 

                     Tonnes  Grade  Grade                                   
Production  Tonnes  per day     Ag     Au Recovery Recovery    Silver   Gold
by mine    produced            g/t    g/t     Ag %     Au %        oz     oz

Guanacevi   215,635   1,191    311   0.66    83.6%    85.9% 1,801,605  3,929
Bolanitos   284,782   1,573    148   2.60    88.3%    86.6% 1,196,749 20,620
El Cubo     185,384   1,024    107   1.73    89.4%    88.3%   570,254  9,101
Consol-                                                                     
idated      685,801   3,789    188   1.75    86.0%    87.0% 3,568,608 33,650

                                                                     
                                                                          
Three months                                         Six months
ended June 30,                                   ended June 30,   
2014              2013          Q2 2014        2014        2013
                             highlights

                             throughput
339,276        393,070         (tonnes)     685,801     769,414
                          silver ounces
1,669,609    1,535,873         produced   3,568,608   3,025,590
                            gold ounces
15,131          19,915         produced      33,650      34,948
                         payable silver
1,620,189    1,479,828  ounces produced   3,464,354   2,939,533
                           payable gold
14,607          18,843  ounces produced      32,403      33,551
                                 silver
                             equivalent
                                 ounces
2,577,469    2,730,773         produced   5,587,608   5,122,470 
                          silver ounces
1,774,302    1,787,571             sold   3,311,967   3,302,648
                            gold ounces
14,612          25,477             sold      31,057      41,201                                         

Release of second quarter 2014 financial results and conference call

The second quarter 2014 financial results will be released after market on Monday, Aug. 11, 2014, and a telephone conference call will be held at 10 a.m. Pacific Daylight Time (1 p.m. Eastern Daylight Time) on Tuesday, Aug. 12, 2014.

We seek Safe Harbor.