Mr. Godfrey Walton reports

ENDEAVOUR SILVER DRILLING CONTINUES TO INTERSECT HIGH GRADE SILVER-GOLD MINERALIZATION IN V-ASUNCION AREA AT THE EL CUBO MINE, GUANAJUATO, MEXICO

Endeavour Silver Corp.'s exploration drilling along the V-Asuncion area at the El Cubo mine in Guanajuato state, Mexico, continues to intersect high-grade silver-gold mineralization. The main mineralized zone now extends over 1,200 metres in length by up to 450 metres vertically, still open to some extent down dip.

Drilling highlights since April in the Villalpando and Asuncion veins include 200 grams per tonne silver and 5.49 grams per tonne gold (530 grams per tonne silver equivalent) over 8.20 m true width (15.5 ounces per ton AgEq over 26.9 feet) in hole CAS-60, including 1,535 g/t silver and 36.70 g/t gold (3,737 g/t AgEq) over 0.40 m true width (109.0 ounces per ton AgEq over 1.3 feet).

Silver equivalents are calculated at a ratio of 60:1 silver:gold. Recent positive drill results are summarized in the table.

 
                            True
                     From  width     Au     Ag   AgEq
Hole                  (m)    (m)  (g/t)  (g/t)  (g/t)

CAS-50             306.05   3.21   0.61    156    193
                   306.05   0.56   0.92    208    263
CAS-53             480.50   1.90   0.76    206    252
                   480.50   0.51   1.48    334    423
CAS-58             306.60   1.85   1.14    126    195
                   308.25   0.26   1.77    294    400
CAS-59             415.35   1.80   5.02    560    862
                   417.20   0.32   8.43    658   1164
CAS-60             451.70   8.20   5.49    200    530
                   452.10   0.40  36.70   1535   3737
CAS-61             500.80   4.10   5.41    399    723
                   506.10   0.42  19.55   1335   2508
CAS-63             253.55   4.57   0.91    170    225
                   255.65   0.43   2.62    456    613
CAS-64             294.35   3.44   2.15    235    365
                   298.45   0.20  19.70    793   1975
CAS-68             510.90   2.46   2.60    289    445
                   512.70   0.20   8.09    826   1311
CAS-74             302.25   1.63   0.32    185    204
                   302.25   0.27   0.69    831    872
CAS-76             373.75   2.60   1.12    131    198
                   373.75   0.69   2.58    111    266
CUDG-938           115.90   1.71   1.76     64    169
                   115.90   0.53   5.28    181    498
CUDG-941           138.60   1.65   0.94    319    375
                   139.50   0.57   0.79    350    397
CUDG-942           177.50   1.70   0.92    255    310
                   177.50   0.26   3.47    784    992
CUDG-944           122.85   1.74   2.31     49    188
                   122.85   0.66   3.09     32    217
CUDG-947           116.45   1.77   0.31    139    158
                   116.45   0.49   1.02    479    540
CUDG-949           129.60   3.38   2.32    409    548
                   131.95   0.52   6.08    770   1135
CUDG-950           184.65   6.50   5.62    336    673
                   193.00   0.67  17.00    837   1857
CUDG-953           185.20   1.72   0.76    220    265
                   186.85   0.34   1.37    625    707
CUDG-954           228.40   1.73   5.30    684   1002
                   229.35   0.35  16.95   1515   2532
CUDG-956           129.70   1.75   1.67     88    188
                   129.70   0.54   3.02    203    384
CUDG-958           108.55   3.45   1.50     68    158
                   109.20   0.38   2.41    294    439
CUDG-960           195.50   3.14  10.56    508   1142
                   195.50   0.69  17.30    788   1826

The Villalpando vein is a large structure up to eight m wide that has been traced on surface for more than nine kilometres on the El Cubo mine property. The northern half was mined over the last 160 years, but the southern half has seen little exploration or development. In the V-Asuncion mineralized zone, the Villalpando vein splays into two parallel veins, the main vein and the Asuncion hangingwall vein. Drill intercepts for the Villalpando vein are shown on the longitudinal section posted on the company website.

Luis Castro, vice-president of exploration, commented: "We continue to be encouraged by the strong continuity, thickness and grades of mineralization intersected by drilling in the V-Asuncion area this year. V-Asuncion sits towards the south end of the Villalpando vein system in an area never fully explored. Other prospective target areas on the property are scheduled for drilling over the next two years.

"The V-Asuncion area was identified as a prospective target in late 2012, discovered by surface drilling and underground development in 2013 and significantly expanded by drilling and development this year. Grades and thicknesses are substantially better than several other producing areas. We are aggressively exploring and developing this area in order to boost mine production and fill the plant to capacity.

"Endeavour currently has four drill rigs working at El Cubo and 12 drill rigs in total working in Mexico, although the rig count will now decline as the 2014 drill programs wrap up in the fourth quarter."

Godfrey Walton, MSc, PGeo, Endeavour's president and chief operating officer, is the qualified person who reviewed and approved this news release and supervised the drilling programs in Mexico. A quality control sampling program of reference standards, blanks and duplicates has been instituted to monitor the integrity of all assay results. All samples are split at the local field office and shipped to ALS-Chemex Labs, where they are dried, crushed, split, and 50-gram pulp samples are prepared for analysis. Gold and silver are determined by fire assay with an atomic absorption finish.

We seek Safe Harbor.