Endeavour Silver Initiates Two $500,000, 5 Year Scholarship Programs for Earth Sciences at Queens University and the University of British Columbia

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 17, 2012) – Bradford Cooke, Chairman and CEO of Endeavour Silver Corp. (TSX:EDR)(NYSE:EXK)(FRANKFURT:EJD) is pleased to announce that the Company has initiated two $500,000, 5 year scholarship programs for the Earth Sciences at The University of British Columbia in Vancouver, BC and Queens University in Kingston, ON.