Endeavour Silver Reports High Grade Silver-Gold Intersections in Multiple Veins From 2018 Drill Program at the Bolanitos Mine, Guanajuato, Mexico

Endeavour Silver Reports High Grade Silver-Gold Intersections in Multiple

Veins From 2018 Drill Program at the Bolanitos Mine, Guanajuato, Mexico

VANCOUVER, B.C., Nov. 28, 2018 -- Endeavour Silver Corp. (NYSE: EXK; TSX: EDR ) reports high grade silver-gold

intersections in multiple veins from the 2018 drill program at the Bolanitos mine in Guanajuato, Mexico.  A total of 55 drill

holes from surface and 11,000 metres were completed by the end of October on seven different vein targets, all of which are

located within four kilometres of the Bolanitos plant (view longitudinal sections for Herradura, Plateros and San Miguel).

Drilling highlights include high silver-gold grades in two parallel veins at the San Miguel target just north of the plant, such as

1,415 grams per tonne (gpt) silver and 2.25 gpt gold over a 1.1 m true width (46.2 oz per short ton (opT) silver equivalent

(AgEq) over 3.6 feet (ft) in hole MG-06.  Another highlight comes from the Arcangel vein, part of the La Luz vein system, and

includes 138 gpt silver and 13.2 gpt gold over a true width of 1.2 m (32.8 opT silver equivalent over 3.9 ft) in hole LZU-17.

Luis Castro, Vice President, Exploration for Endeavour Silver, commented, “These step-out drill results have outlined several

new mineralized areas and provided extensions to known areas, with potential for new resources to extend the mine life at

Bolanitos. Specifically, San Miguel is a newly discovered vein to the North East, that is more extensive than previously

recognized. Drilling has now wrapped up at Bolanitos for the year and a new resource estimate is expected in January.”

Drilling highlights are summarized in the following table of drill results.

Hole Structure From True width Au Ag AgEq

(m) (m) (gpt) (gpt) (gpt)

LZU-16 Arcangel 94.10 8.0 2.68 6 207

Including 101.05 0.5 6.93 10 530

LZU-17 Arcangel 91.70 1.2 13.17 138 1,126

Including 93.10 0.3 42.60 450 3,645

BL1.5S-3

HW Belen 84.70 2.2 2.19 53 217

Including 84.70 1.1 3.31 74 322

FWBLV1 126.20 2.2 2.05 121 274

Including 127.00 0.3 3.24 154 397

BSV-09 Herradura 163.15 1.5 3.74 49 330

Including 164.70 0.3 5.69 91 518

BSV-10 Herradura 222.25 1.1 1.70 90 218

Including 222.55 0.4 2.87 134 349

BSV-11 Herradura 234.30 1.2 1.73 330 460

Including 234.30 0.3 1.59 1,125 1,244

BSV-15 Herradura 194.30 1.3 2.92 51 270

Including 195.30 0.4 4.12 55 364

PLU-01

La Luz 112.00 1.9 2.62 18 214

Including 114.05 0.1 7.54 55 620

Plateros 251.90 1.9 2.48 90 276

Including 252.45 0.3 4.27 272 592

PLU-03 Plateros 162.50 1.4 1.01 155 231

Including 163.20 0.2 1.40 284 389

PLU-04 Plateros 183.15 1.5 8.66 89 738

Including 184.70 0.3 13.30 161 1,159

PLU-06 Plateros 154.20 2.0 1.93 109 253

Including 157.00 0.3 6.88 274 790

PLU-07 Plateros 240.45 1.1 1.32 260 359

Including 240.45 0.4 2.67 523 723

PLU-11 Plateros 141.55 1.8 4.21 91 407

Including 144.45 0.2 14.55 319 1,410

PLU-13 Plateros 186.60 2.4 1.22 107 198

Including 191.90 0.2 0.89 598 665

HW San Miguel 39.90 1.1 2.25 1,415 1,584

MG-06 Including 40.55 0.3 5.08 3,710 4,091

San Miguel 122.65 1.7 2.92 3 222

Including 123.65 0.9 4.12 4 313

MG-07

HW San Miguel 62.10 1.1 2.18 25 189

Including 63.10 0.3 4.94 55 426

San Miguel 133.70 1.6 6.79 420 929

Including 135.60 0.2 48.70 3,540 7,193

MG-08

San Ignacio 22.50 1.3 0.27 148 168

Including 22.50 0.5 0.42 208 239

HW San Miguel 104.60 1.0 2.02 9 160

Including 105.60 0.3 3.05 10 239

MG-09

San Ignacio 26.50 1.9 1.82 162 298

Including 27.60 0.2 2.22 352 519

San Miguel 100.25 1.9 3.42 102 358

Including 102.00 0.3 5.42 194 601

BUV-21 Santa Maria 77.20 1.4 2.38 635 813

Including 77.60 0.2 2.30 2,731 2,903

BUV-24 Bolañitos 188.10 1.1 0.28 218 239

Including 189.10 0.2 1.17 1,021 1,109

Silver equivalents are calculated at a ratio of 75:1 silver: gold.  All widths are estimated true widths.

About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns three high-grade,

underground, silver-gold mines in Mexico. Endeavour is currently commissioning its fourth mine at El Compas, advancing a

possible fifth mine at the Terronera mine project and exploring its portfolio of exploration and development projects in Mexico

and Chile to facilitate its goal to become a premier senior silver producer.  Our philosophy of corporate social integrity creates

value for all stakeholders.

SOURCE Endeavour Silver Corp. 

Contact Information - For more information, please contact:

Galina Meleger, Director Investor Relations

Toll free: (877) 685-9775

Tel: (604) 640-4804

Fax: (604) 685-9744

Email:  [email protected] 

Website: www.edrsilver.com

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This news release contains “forward-looking statements” within the meaning of the United States private securities litigation

reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such

forward-looking statements and information herein include but are not limited to statements regarding Endeavour’s anticipated

performance in 2018 including changes in mining and operations and the timing and results of various activities. The Company

does not intend to, and does not assume any obligation to, update such forward-looking statements or information, other than

as required by applicable law.

Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause

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governments, legislation, taxation, controls, regulations and political or economic developments in Canada and Mexico;

financial risks due to precious metals prices, operating or technical difficulties in mineral exploration, development and mining

activities; risks and hazards of mineral exploration, development and mining; the speculative nature of mineral exploration and

development, risks in obtaining necessary licenses and permits, and challenges to the Company’s title to properties; as well

as those factors described in the section “risk factors” contained in the Company’s most recent form 40F/Annual Information

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Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to:

the continued operation of the Company’s mining operations, no material adverse change in the market price of commodities,

mining operations will operate and the mining products will be completed in accordance with management’s expectations and

achieve their stated production outcomes, and such other assumptions and factors as set out herein. Although the Company

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