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Endeavour Mining Corp.
Summary
| Project: | Hounde | |
|---|---|---|
| Deposit: | Kari | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 9/5/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 5-9-2019: Endeavour Mining Corp. announces an Exploration/Drilling Update report for its Kari deposit at the Hounde project. Drilling results incl. 21.3m @ 6.98g/t Au. Abidjan, July 2, 2019 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to announce | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gerard de Hert (Internal) | |
| ABSTRACT: | Abidjan, July 2, 2019 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to announce that an ongoing exploration program at its Houndé mine in Burkina Faso has significantly extended mineralization at all three discoveries in the Kari area, boosting confidence that maiden resources will be delineated before year-end. The Kari anomaly, which now extends over a very large area measuring 6km long and 3km wide, hosts three recent discoveries (Kari Pump, Kari West and Kari Center) with approximately 25% of the target still to be drilled. A total of 1,027 holes comprising 104,000 meters have been drilled since November 2018 over the large Kari gold in soil anomaly, totalling over 300,000 meters since drilling began in 2017. The ongoing exploration program has continued to be highly successful as approximately 85% of holes drilled encountered meaningful mineralization, resulting in the extension of all three discoveries made in the Kari area. Patrick Bouisset, Executive President Exploration and Growth stated: “With more than half of the 2019 planned 195,000-meter drilling program completed to date, we are extremely pleased with the results as they have significantly extended the footprint of the three Kari discoveries. Moreover, these results boost our confidence that maiden resources will be delineated for Kari West and Kari Center before year-end. We look forward to continuing to build on our recent value creation success, as noted with the recently published maiden reserve at Kari Pump which was discovered at a cost of less than $13.50/oz of reserve.” | |
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