endeavour silver corp on thursday lifted its fullyear production target to between 77 million and 8 million ounces silver equivalent thanks to higherthanexpected grades and tonnage milled at its guanacevi operation the precious metals mining company which owns and operates two silver and gold mines in mexico said silver equivalent production at each mine is on track to meet or exceed 2021 production plans the company previously said it expected 2021 production of 61 million to 71 million silver equivalent ounces at guanacevi production is ahead of plan with higher throughput and higher silver and gold grades resulted in record production during the third quarter endeavour silver said the companys operations team has significantly improved the production outlook for the full year resulting in an estimated 20 increase in silver equivalent metal endeavour silver said production at bolanitos is on target with processed tons ahead of plan but offset by lower ore grades while its el compas is suspended due to a exhaustion of reserves and final stockpiles were processed subsequent to the suspension of operations in early august the company said endeavour silver reported production of about 13 million silver ounces and 10541 gold ounces in the third quarter for silver equivalent production of 21 million ounces for the nine months to the end of september output totaled 61 million silver equivalent ounces for the quarter the company sold 699540 ounces of silver and 9925 ounces of gold and held 1 million silver ounces and 1211 gold ounces of bullion inventory and 37100 silver ounces and 2028 gold ounces in concentrate inventory management continued to withhold metal from sale during the price correction over the third quarter and plans to sell the withheld metal inventory in anticipation of a precious metal prices rebound endeavour silver said