Form SD - Specialized disclosure report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SD

Specialized Disclosure Report

Endeavour Silver Corp.

(Exact name of registrant as specified in its charter)

British Columbia, Canada		001-33153		Not Applicable
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(IRS Employer Identification No.)

#1130-609 Granville Street Vancouver, British Columbia, Canada		V7Y 1G5
(Address of principal executive offices)		(Zip Code)

Dan Dickson
(604) 685-9775

(Name and telephone number, including area code, of person to contact in connection with this report)

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

☐ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2023.

☒ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.

SECTION 1 - CONFLICT MINERALS DISCLOSURE

Item 1.01 - Conflict Minerals Disclosure and Report

Not applicable.

Item 1.02 - Exhibit

Not applicable.

SECTION 2 - RESOURCE EXTRACTION ISSUER DISCLOSURE

Item 2.01 Resource Extraction Issuer Disclosure and Report

Endeavour Silver Corp. ("Endeavour"), a British Columbia corporation, is subject to Canada's Extractive Sector Transparency Measures Act ("ESTMA"). Endeavour is relying on the alternative reporting provision of Item 2.01 and providing its ESTMA report for the year ended December 31, 2023, to satisfy the requirements of Item 2.01. Endeavour's ESTMA report is available on Endeavour's website at www.edrsilver.com/ or on the Government of Canada's website at https://natural-resources.canada.ca/our-natural-resources/minerals-mining/services-for-the-mining-industry/extractive-sector-transparency-measures-act/links-estma-reports/18198. The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.

SECTION 3 - EXHIBITS

Item 3.01. Exhibits

The following exhibit is filed as part of this report.

Exhibit Number		Description

2.01		Extractive Sector Transparency Measures Act - Annual Report for Endeavour Silver Corp. for the year ended December 31, 2023

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned.

Endeavour Silver Corp.

By:	/s/ Dan Dickson	September 6, 2024
	Dan Dickson	(Date)
	Chief Executive Officer

Extractive Sector Transparency Measures Act - Annual Report
Reporting Entity Name	Endeavour Silver Corp
Reporting Year	From	2023-01-01	To:	2023-12-31	Date submitted	2024-05-29
Reporting Entity ESTMA Identification Number	E850912		Original Submission Amended Report
Other Subsidiaries Included (optional field)

Not Consolidated

Not Substituted

Attestation by Reporting Entity
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.


Full Name of Director or Officer of Reporting Entity	Elizabeth Senez				Date	2024-05-29
Position Title	CFO

Extractive Sector Transparency Measures Act - Annual Report
Reporting Year	From:	2023-01-01	To:	2023-12-31
Reporting Entity Name	Endeavour Silver Corp				Currency of the Report	USD
Reporting Entity ESTMA Identification Number	E850912
Subsidiary Reporting Entities (if necessary)

Payments by Payee
Country	Payee Name¹	Departments, Agency, etc — within Payee that Received Payments²	Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends	Infrastructure Improvement Payments	Total Amount paid to Payee	Notes³⁴
Mexico	Federal Government of Mexico	National Water Commission			99,000					99,000	Water Permit Fees
Mexico	Federal Government of Mexico	Secretariat of the Economy			885,000					885,000	Concession Fees
Mexico	Federal Government of Mexico	Treasury Federation	9,873,000	1,100,000						10,973,000	Income Taxes, Custom Fees and Taxes; Extraordinary Mining Duties and Special Mining Duties
Mexico	Municipal Government of San Sebastian				455,000					455,000	Construction Permits
Additional Notes:	1) All amounts have been reported in United States dollars ("USD"). Amounts paid in currencies other than USD have been translated at the weighted average of the exchange rates during the reporting period (MXN/USD exchange rate 0.05822) 2) All amounts have been rounded to the nearest US$1,000

Extractive Sector Transparency Measures Act - Annual Report
Reporting Year	From:	2023-01-01	To:	2023-12-31
Reporting Entity Name	Endeavour Silver Corp				Currency of the Report	USD
Reporting Entity ESTMA Identification Number	E850912
Subsidiary Reporting Entities (if necessary)

Payments by Project
Country	Project Name¹	Taxes	Royalties	Fees	Production Entitlements	Bonuses	Dividends	Infrastructure Improvement Payments	Total Amount paid by Project	Notes²³
Mexico	El Cubo Mine	74,000		28,000					102,000
Mexico	Bolanitos Mine	39,000	300,000	86,000					425,000
Mexico	Guanacevi Mine	7,359,000	800,000	71,000					8,230,000
Mexico	Guadalupe Project			137,000					137,000
Mexico	Pitarrilla Project	5,000		124,000					129,000
Mexico	Terronera Project	32,000		799,000					831,000
Mexico	Exploration Projects	2,364,000		194,000					2,558,000
Additional Notes³:	1) All amounts have been reported in United States dollars ("USD"). Amounts paid in currencies other than USD have been translated at the weighted average of the exchange rates during the reporting period (MXN/USD exchange rate 0.05822) 2) All amounts have been rounded to the nearest US$1,000

Document Information	12 Months Ended
Document Information	Dec. 31, 2023
Document Information:
Document Type	2.01 SD
Amendment	false
CIK	0001277866
Registrant Name	ENDEAVOUR SILVER CORP
Period End Date	Dec. 31, 2023
Reporting Currency	USD

Payments, by Category - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 9,873,000	$ 1,100,000	$ 1,439,000	$ 12,412,000

Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 9,873,000	$ 1,100,000	$ 1,439,000	$ 12,412,000
Bolanitos Mine
Total	39,000	300,000	86,000	425,000
El Cubo Mine
Total	74,000		28,000	102,000
Exploration Projects
Total	2,364,000		194,000	2,558,000
Guadalupe Project
Total			137,000	137,000
Guanacevi Mine
Total	7,359,000	$ 800,000	71,000	8,230,000
Pitarrilla Project
Total	5,000		124,000	129,000
Terronera Project
Total	$ 32,000		$ 799,000	$ 831,000

Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)	Taxes	Royalties	Fees	Total Payments
Total	$ 9,873,000	$ 1,100,000	$ 1,439,000	$ 12,412,000
MEXICO
Total	9,873,000	1,100,000	1,439,000	12,412,000
MEXICO \| Federal Government of Mexico
Total	$ 9,873,000	$ 1,100,000	984,000	11,957,000
MEXICO \| Municipal Government of San Sebastian
Total			$ 455,000	$ 455,000

Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)	Amount	Type	Country	Subnat. Juris.	Govt.	Project
#: 1
	$ 99,000	Fees	MEXICO		Federal Government of Mexico
#: 2
	885,000	Fees	MEXICO		Federal Government of Mexico
#: 3
	9,873,000	Taxes	MEXICO		Federal Government of Mexico
#: 4
	1,100,000	Royalties	MEXICO		Federal Government of Mexico
#: 5
	455,000	Fees	MEXICO	JALISCO	Municipal Government of San Sebastian
#: 6
	74,000	Taxes	MEXICO			El Cubo Mine
#: 7
	28,000	Fees	MEXICO			El Cubo Mine
#: 8
	39,000	Taxes	MEXICO			Bolanitos Mine
#: 9
	300,000	Royalties	MEXICO			Bolanitos Mine
#: 10
	86,000	Fees	MEXICO			Bolanitos Mine
#: 11
	7,359,000	Taxes	MEXICO			Guanacevi Mine
#: 12
	800,000	Royalties	MEXICO			Guanacevi Mine
#: 13
	71,000	Fees	MEXICO			Guanacevi Mine
#: 14
	137,000	Fees	MEXICO			Guadalupe Project
#: 15
	5,000	Taxes	MEXICO			Pitarrilla Project
#: 16
	124,000	Fees	MEXICO			Pitarrilla Project
#: 17
	32,000	Taxes	MEXICO			Terronera Project
#: 18
	799,000	Fees	MEXICO			Terronera Project
#: 19
	2,364,000	Taxes	MEXICO			Exploration Projects
#: 20
	$ 194,000	Fees	MEXICO			Exploration Projects