| Announcement Date: | 2022-11-29 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | NI43-101 |
| Company name: | Endeavour Mining Corp. |
| Project name: | Ity Mine |
| Location: | Ivory Coast |
| Commodities: | Gold |
| Highlight: | Updated Mineral Resource Estimate for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | London, 29 November 2022 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour” or the “Group” or the “Company”) is pleased to announce that its exploration programme at its Ity mine in Côte d’Ivoire has resulted in the successful delineation of 0.75Moz of Measured and Indicated (“M&I”) resources, lifting the mine’s M&I resources to over 5 million ounces, as presented in Table 1 below In recent years, exploration efforts have focused on the PE26 mining permit (which hosts the processing plant and several deposits including Walter, Bakatouo, West Flotouo, Ity-Flat, Verse Est, and Zia NE), on PE49 mining permit (which hosts the Daapleu and Gbeitouo deposits) and on the PE53 mining permit (which hosts the Le Plaque and Yopleu-Legaleu deposits and other targets including Delta South East). Since the beginning of the year, a total of 51,181 meters of drilling was completed at Ity, mainly within a 20km radius from the plant, as shown in Figures 1 and 2 in the attached pdf. The exploration programme mostly focused on extending resources at several near mine deposits |
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