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Silver-Gold-Lead-Zinc Resources - Cometa (As of Dec. 31, 2008)
Resources Indicated
Description	Tonnes	Ag gpt	Au gpt	Ag-Eq gpt	Ag oz	Au oz	Ag-Eq oz	Zn %	Pb %
Cometa	934,000	49	1.46	159	1,471,400	43,800	4,756,400	3.2	3.2
Total Indicated	934,000	49	1.46	158	1,471,400	43,800	4,756,400	3.2	3.2
Resources Inferred
Description	Tonnes	Ag gpt	Au gpt	Ag-Eq gpt	Ag oz	Au oz	Ag-Eq oz	Zn %	Pb %
Cometa	528,000	61	1.45	170	1,035,500	24,600	2,880,500	3.0	2.7
Total Inferred	528,000	61	1.45	170	1,035,500	24,600	2,880,500	3.0	2.7
*Cut-off grade for Indicated & Inferred Resources for Cometa is USD$40 NSR based on metal prices of USD$12 per ounce of silver, USD$900 per ounce of gold, USD$0.50 per pound of lead, USD$0.50 per pound of zinc; metallurgical recoveries used were 71% for silver, 75% for gold, 80% for lead and 74% for zinc. **Silver-Equivalencies are calculated using a 75:1 ratio based prices USD$12 per ounce of silver and USD$900 per ounce of gold; no base metal credits are used for calculating silver-Equivalencies.

The Parral Silver District is located some 210 km. (135 mi.) south of Chihuahua City, the capital of the State of Chihuahua, Mexico, and approximately 110 km. (70 mi.) north of Guanacevi, Durango, where Endeavour operates the Guanacevi Mines Project. Silver was first discovered in the Parral Silver District in 1631 and by 1655 more than 60 small mines were operating, principally along the Veta Colorado vein.


For more details, please refer to the Company's news releases. (Links below)

June 12, 2007 - Endeavour Announces Discovery of High Grade Vein at Parral Project.

August 10, 2006 - Endeavour Acquires Two More Properties In Parral Silver District, Chihuahua, Mexico

August 3, 2006 - Endeavour Expands Into Second Major Silver District In Mexico