Endeavour Silver Options Lomas Bayas Silver-Gold Property In Chile; Third Quarter Earnings Report To Be Released On Wednesday November 2nd; Teleconference On Thursday November 3rd

Vancouver, Canada -- October 19, 2011 - Endeavour Silver Corp. (NYSE: EXK, TSX: EDR, Frankfurt: EJD) announces that it has acquired an option to purchase the Lomas Bayas silver-gold property in the Copiapo region of northern Chile.

This marks the second prospective silver-gold property Endeavour has acquired in the Copiapo region, following the acquisition of the La Presidenta property one month ago. Both properties have histories of small scale silver mining and both appear to be prospective

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