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Endeavour Mining Corp.

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Summary

Project:

Ity Mine

Deposit:Ity CIL
Location:Cote D'Ivoire
Commodities:Gold
Date:11/10/2016
Report Code:NI43-101
Report Type:Feasibility Study
Project Stage:Active Mining & Production
Report details:10-11-2016: Endeavour Mining Corp. announces a Feasibility Study report for its Ity CIL deposit at the Ity Mine project. Ity CIL Feasibility study results incl. NPV (5%) of $403.0M, IRR of 35.9%. This report was prepared to provide a NI 43-101-compliant T
Resources:(Reserve, Prob.): 41Mt @ 1.42g/t Au for 1.88Moz Au contained
CP/QP:[Resources]: Mark Zammit (Cube Consulting Pty Ltd.)
ABSTRACT:This report was prepared to provide a NI 43-101-compliant Technical Report on the Feasibility Study (FS) carried out for the Ity CIL gold project in Côte d'Ivoire. Mineral rights are 100% owned by SMI, a company incorporated in Côte d’Ivoire, with the registered address at 08 BP 872 Abidjan 08 - Cocody 180-logements Boulevard Latrille, Immeuble Palm Club, 2nd floor. This Report has been prepared by Lycopodium at the request of Endeavour and has been prepared in compliance conformance with the disclosure requirements of the Canadian National Instrument 43-101standards required by (NI 43-101) and in accordance with the requirements of Form 43-101 F1(F). The Report is intended to be used to demonstrate the results of the FS. In compliance with the requirements for preparation of a NI 43-101 Technical Report, key competent persons visited the project site to gather first-hand information. In addition, Lycopodium and other contributors have studied and constructed numerous projects in the region and are familiar with local conditions

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