Endeavour Appoints New CFO

    VANCOUVER, Jan. 3 /CNW/ - Endeavour Silver Corp. (EDR: TSX, EXK: AMEX,
and EJD: Frankfurt) is pleased to announce the appointment of W.R. (Bill)
Franklin, CGA, to the position of Chief Financial Officer. Mr. Franklin
replaces John Watkins who, due to family reasons, has submitted his
resignation, effective January 25, 2008.
    Mr. Franklin brings to Endeavour a wealth of experience in corporate
accounting, including 20 years of accounting for gold mining operations in
Canada and Mexico. Until recently, Bill was CFO for Nevada Pacific Gold, where
he oversaw all of their financial and accounting practices and reporting from
December 2003 until the take-over by US Gold this past year. Nevada Pacific
owns and previously operated the El Magistral gold mine in Sonora State,
    Prior to Nevada Pacific, Mr. Franklin worked for 15 years with major gold
mining companies, initially as Mine Accountant for Bond/Lac/Barrick at the
Golden Patricia mine in Ontario, then moving over to Homestake, where he rose
through the ranks to become Mine Controller at the Snip mine in BC, then
Manager, Operations Accounting for Homestake's ten gold mines in North America
and finally Manager, Accounting for Homestake/Barrick's Canadian corporations.
    Bradford Cooke, Chairman and CEO, commented, "I would like to welcome
Bill Franklin to Endeavour's senior management team. Bill's successful track
record for managing all financial and accounting aspects of mining operations,
coupled with his experience in Mexico, should be great assets in facilitating
Endeavour's future growth. It is with regret that we accept the resignation of
John Watkins but we understand that family comes first and we wish him well
going forward."

    Endeavour Silver Corp. (EDR: TSX, EDR.WT: 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.


    /s/ "Bradford J. Cooke"

    Bradford J. Cooke
    Chairman and CEO

    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 investorrelations@edrsilver.com or
visit our website, www.edrsilver.com

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