VANCOUVER, Dec. 3 /CNW/ - Endeavour Silver Corp. (EDR: TSX, EXK: AMEX,
EJD: DBFrankfurt) is pleased to announce four new appointments to its
operations team in Mexico.
Fernand Rondeau has been appointed Mine Manager of the Bolanitos Mines
Project, located in the district of Guanajuato, Guanajuato State, Mexico,
effective as of November 12, 2007. Mr. Rondeau, a Canadian, is a career miner
who brings to Endeavour over 48 years of experience in underground mining.
Most recently, Fern was Mine Superintendent of the Isadora Gold Mine in
Venezuela from 2004 to 2007 for Hecla Mining Co.
Mr. Rondeau worked previously in several mining positions of seniority
including Production Superintendent for Hecla in Venezuela, Project
Superintendent for Kilborn Engineering in Peru, and Shift Superintendent for
SNC Lavalin in Canada. Fern speaks fluent Spanish and has relocated to
Guanajuato to improve productivity at Endeavours' mining operations and to
direct the mine expansion program at Bolanitos.
Nelson Pena joins Endeavour as Senior Engineer, Mine Planning, commencing
on November 30, 2007. Mr. Pena is a mining engineer from Chile who has more
than 20 years experience in underground mine engineering, construction and
operations. Most recently, Nelson was Chief Mine Contractor for RINASA in
Chile, from 2006 to 2007, responsible for all underground mine development at
the Caserones Project.
Prior to RINASA, Mr. Pena held several positions of responsibility, from
Mine Contractor to Chief Planning Engineer to Mine Superintendent at the La
Camorra underground gold mine in Venezuela for Hecla Mining from 1998 to 2005,
and Monarch Resources from 1993 to 1998. Nelson speaks English and is
relocating to Durango, Mexico to direct all of Endeavour's mine planning and
engineering services in Mexico.
Miguel Lampson has been appointed Chief Mine Geologist of the Bolanitos
Mines Project in Guanajuato, effective January 1, 2008. Mr. Lampson, a
Nicaraguan, is a professional geologist with 12 years experience in mineral
exploration on both surface and underground projects. Miguel was most recently
Chief Mine Geologist for Breakwater Resources at the El Mochito underground
zinc mine in Honduras, where he was responsible for all underground mine
exploration and production ore grade control.
Mr. Lampson previously supervised mineral exploration programs for gold,
silver and copper deposits in Honduras and Nicaragua for such companies as
Minera Nueva Esperanza, Greenstone Resources and Hemco Bonanza. Miguel speaks
fluent English and is relocating to Guanajuato to direct Endeavour's mine
exploration and production ore grade control program at Bolanitos.
Francisco Gameros has been appointed Financial Controller of Endeavours'
Mexican operations, based in Durango City, Durango State, Mexico, effective as
of October 15, 2007. Mr. Gameros, a Mexican national, is a public accountant
with an MBA degree who has extensive knowledge and experience in financial
controls and operations, as well as an audit background for foreign companies
working in Mexico.
Most recently, Francisco was finance manager for Alphabet de Mexico SA de
CV, a manufacturing company with 1500 employees in Chihuahua. Prior to that,
he held positions of Controller for NADCO and Circuitos de Chihuahua and
auditor and tax advisor for Deloitte & Touche and Coopers & Lybrand. Francisco
speaks fluent English and has relocated to Durango to direct Endeavour's
financial and administrative functions in Mexico.
<a href="http://www.edrsilver.com/s/Management.asp">Godfrey Walton</a>, President and COO, commented, "We would like to welcome
Fern, Nelson, Miguel and Francisco to the Endeavour team. They bring a wealth
of operating experience to the Company that should help facilitate our growth
as we continue to expand and improve our operations."
Endeavour Silver Corp. (EDR: TSX, EXK: AMEX, EJD: DBFrankfurt) is a
small-cap silver mining company focused on the growth of its silver
production, reserves and resources in Mexico. The expansion programs now
underway at Endeavour's two operating mines, Guanacevi in Durango and
Bolanitos in Guanajuato, coupled with the Company's aggressive acquisition and
exploration programs in Mexico, should enable Endeavour to join the ranks of
top primary silver producers worldwide.
ENDEAVOUR SILVER CORP.
/s/ "Bradford Cooke"
Bradford J. Cooke
Chairman and CEO
The TSX Exchange has neither approved nor disapproved the contents of
this news release.
CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS
Certain statements contained herein regarding the Company and its
operations constitute "forward-looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995. All statements
that are not historical facts, including without limitation statements
regarding future estimates, plans, objectives, assumptions or expectations of
future performance, are "forward-looking statements". We caution you that such
"forward-looking statements" involve known and unknown risks and uncertainties
that could cause actual results and future events to differ materially from
those anticipated in such statements. Such risks and uncertainties include
fluctuations in precious metal prices, unpredictable results of exploration
activities, uncertainties inherent in the estimation of mineral reserves and
resources, fluctuations in the costs of goods and services, problems
associated with exploration and mining operations, changes in legal, social or
political conditions in the jurisdictions where the Company operates, lack of
appropriate funding and other risk factors, as discussed in the Company's
filings with Canadian and American Securities regulatory agencies. Resource
and production goals and forecasts may be based on data insufficient to
support them. Godfrey Walton, M.Sc., P.Geo., President and COO is the
Qualified Person for the Company as required by NI 43-101. The Company
expressly disclaims any obligation to update any forward-looking statements.
We seek safe harbour.
For further information:
For further information: Hugh Clarke, Toll free: 877-685-9775, tel:
(604) 685-9775, fax: (604) 685-9744, email email@example.com or
visit our website, www.edrsilver.com