TANDA-IGUELA HIGHLIGHTS
Tanda-Iguela property in Côte d’Ivoire has the potential to be another flagship asset for Endeavour
Major maiden resource has been outlined in under 15 months on the Assafou target:
Indicated resource of 14.9Mtat 2.33 g/t for 1.1Moz; Inferred resource of 32.9Mtat 1.80g/t for 1.9oz
Low discovery cost of under $10 per Indicated ounce discovered
Thick high grade mineralisationoccurrence withtotal cumulated interceptsofup to 100 m in true thickness with an average grade >3.00 g/t gold
Significant potential to further expand Assafou as its Indicated resource only covers ~20% of the 3km long identified mineralised system which isopen along strike and at depth
Assafou’s structural geological trend is highly prospective as it extends over a 15km long stretch with several identified high-quality gold-in-soil anomalies
At least 10 additional highly prospective targets have been identified on the Tanda-Iguela property
An aggressive 70,000 m drill programme is planned for 2023 to both delineate further resources at Assafou and test new targets
Preliminary metallurgical tests indicate high gold recovery rates of above 95% with a significant portion recoverable by gravity
Abidjan, 21November 2022– Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour”, the “Group” or the “Company”) is pleased to announce that a major discovery has been made at its 100%-owned Tanda-Iguela greenfield exploration property in Côte d’Ivoire. The Tanda-Iguela property has the potential to be another flagship asset for Endeavour, given the size of the maiden resource and its significant exploration potential as 10 additional nearby targets have been identified.
Following highly encouraging initial results obtained in 2021, an intensive drilling programme conducted in 2022 resulted in the rapid delineation of a maiden resource estimate for the Assafou target, as presented in Table 1 below.
Table 1: Tanda-Iguela Mineral Resource Estimate
TONNAGE GRADE CONTENT
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