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Endeavour Mining Corp.
Summary
| Project: | Ity Mine | |
|---|---|---|
| Deposit: | Bakatouo | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 9/14/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 14-9-2016: Endeavour Mining Corp. announces an Exploration/Drilling Update report for its Bakatouo deposit at the Ity Mine project. Drilling results incl. 9.80m @ 27.69g/t Au from 18.55m. George Town, September 14, 2016 - Endeavour Mining Corporation (TSX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gerard de Hert (Internal) | |
| ABSTRACT: | George Town, September 14, 2016 - Endeavour Mining Corporation (TSX:EDV)(OTCQX:EDVMF) is pleased to announce a significant discovery at its Ity gold mine in Côte d'Ivoire, as part of its on-going exploration drilling program. The Bakatouo discovery is located along the northern extension of the Zia Northeast and Walter deposits and extends over 800 meters along strike and 250 meters across strike, as shown in Figure 1 and 2 of the appendix. The mineralization remains open at depth, to the southwest, and to the northeast. Similar to the Mount Ity and Zia Northeast deposits, the Bakatouo discovery is characterised by its high-grade and close to surface oxide and fresh mineralization suggesting potential to supplement both the existing heap leach operation and a future Carbon-in-Leach ("CIL") project, for which a feasibility study is expected in Q4-2016. Patrick Bouisset, Executive Vice-President Exploration and Growth of Endeavour, commented: "We are very pleased with this new near-mine Bakatouo discovery as we believe it has the potential to become one of Ity's highest grade deposits. This discovery and the presence of numerous other near-mine targets continues to demonstrate the prolific nature of the Ity mine, which has already grown its M&I resources from 0.2Moz to 3.1Moz between 2012 and 2015[1]. I firmly believe that the trend along which the Ity mine is located ranks amongst one of WestAfrica's most prospective areas with strong potential to make world-class discoveries." | |
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