HIGHLIGHTS:
Ity’s M&I resource increased by 17% to reach 99Mt at 1.62 g/t Au containing 5.2Moz
Drilling confirmed continuity of the mineralised system which hosts 7 deposits, located near the processing plant, resulting in a new single resource model for the area, with mineralisation remaining open at the West Flotouo, Daapleu, Bakatouo, Colline Sud and Walter deposits
Drilling confirmed the presence of a large mineralised system covering the Plaque area, located 7km from the processing plant
Indicated resources delineated at the Yopleu-Legaleu deposit which remains open to the Southwest and at depth
Mineralised extensions confirmed at Delta Extension deposit with resource delineation expected next year
New discovery made at the Delta SE target with maiden resource expected next year
Significant discovery made at the Gbampleu target, located 22km from the processing plant, as several high-grade and thick mineralised lenses were identified
Endeavour is on track to achieve the previously announced target of discovering between 3.5-4.5Moz of Indicated resources at Ity over the 2021-2025 period, of which ~2.0Moz was discovered in the last 2 years
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.
Table 1: Ity Mine Updated Mineral Resource Estimate
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https://www.endeavourmining.com/media/news/endeavour-increases-itys-mi-resources-17-52moz-further-increases-expected-2023 |