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Endeavour Mining Corp.
Summary
| Project: | Ity Mine | |
|---|---|---|
| Deposit: | Colline | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 10/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 13-10-2016: Endeavour Mining Corp. announces an Exploration/Drilling Update report for its Colline deposit at the Ity Mine project. Drilling results incl. 18.4m @ 15.89g/t Au from 60.0m. Abidjan, October 13, 2016 - Endeavour Mining Corporation (TSX:EDV)(O | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gerard de Hert (Internal) | |
| ABSTRACT: | Abidjan, October 13, 2016 - Endeavour Mining Corporation (TSX:EDV)(OTCQX:EDVMF) is pleased to announce a new discovery at its Ity gold mine in Côte d'Ivoire, called Colline Sud, situated 2.5 kilometers from the current processing plant. The oxide mineralization encountered at Colline Sud could serve as a satellite deposit to potentially extend the current heap leach operation. The Colline Sud mineralization occurs at or very near the surface and in two distinct areas referred to as the South East and North West sectors, with respective strike lengths of 500 meters and 350 meters. The mineralization in both sectors remains open at depth and in the North West sector also along strike. Similar to other targets identified on the Ity property, Colline Sud is a historical gold in soil anomaly. A short shallow drilling campaign was first conducted to confirm mineralization which was then followed-up with the recently completed 116-hole reverse-circulation ("RC") and diamond-drilling ("DD") program totalling 11,955 meters. Patrick Bouisset, Executive Vice-President Exploration and Growth of Endeavour, commented: "This new discovery - the second announced at Ity since September - along with the other targets outlined by historic geochemistry and our recent auger drilling program, demonstrates the prolific geological context of this district. Though smaller than the recently announced Bakatouo discovery, we believe Colline Sud provides the potential to extend the current heap leach operation. As we increase our exploration activity, we are excited to pursue and expand our ongoing exploration program to other identified targets." | |
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