From Earlier, Endeavour Silver Discovers High Grade Silver-Gold Mineralization at the San Sebastian Property in Jalisco, Mexico


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Endeavour SilverCorp. (NYSE: EXK) announces that exploration drillingat the San Sebastian property in Jalisco State, Mexico has discovered a newhigh grade silver-gold mineralized zone in the Terronera vein. Drilling highlights in the Terronera Vein include 1,489 grams per tonne(gpt) silver and 0.85 gpt gold over 5.66 meters (m) true width (44.7 ouncesper ton (opT) silver equivalent (based on silver: gold ratio of 50:1) over18.6 feet (ft)) in hole TR02-1. Other drilling highlights include 500 gptsilver and 1.15 gpt gold over 11.48 m true width (16.3 opT silver equivalentover 37.7 ft) including 4,500 gpt silver and 3.27 gpt gold over 0.20 m truewidth (136.0 opT silver equivalent over 0.66 ft) in hole TR12-1.Barry Devlin, Vice President of Exploration for Endeavour stated,"Endeavour's 2012 exploration drilling program has encountered an excitingnew zone of high grade silver-gold mineralization on the Terronera vein inthe San Sebastian district. The SanSebastian veins, like the past-producing Terronera vein, tend to be largeand can carry high grade silver-gold mineralized ore-bodies. These new highgrade drill results confirm our view that San Sebastian has promisingdistrict-scale silver-gold discovery potential."

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