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Endeavour Mining Corp.
Summary
| Project: | Karma | |
|---|---|---|
| Deposit: | Karma | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 11/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 13-11-2017: Endeavour Mining Corp. announces an Exploration/Drilling Update report for its Karma deposit at the Karma project. Drilling results incl. 9m @ 15.8g/t Au from 45.5m. Abidjan, November 13, 2017 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleas | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gerard de Hert (Internal) | |
| ABSTRACT: | Abidjan, November 13, 2017 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to provide an update of its on-going exploration campaign at both its Houndé and Karma mines in Burkina Faso, ahead of its investor day and site visits. At the Houndé mine, following two years of inactivity, exploration resumed in early 2017 and has confirmed the presence of significant potential with a high-grade discovery in the eastern part of the 6km-long Kari geochemical anomaly, while high grade mineralization was also intercepted on several other targets. At the Karma mine, drilling has confirmed mineralization at the Yabongso target and has discovered a parallel oxide structure east of the North Kao deposit, both of which are expected to be delineated into resources in Q1- 2018 and add further potential to extend its mine life. Sebastien de Montessus, President & CEO, stated: “Last year we highlighted the Group’s exploration potential as being a key source of long-term value creation for our shareholders and we launched a reinvigorated exploration program with 5-year discovery targets. Over the past year we have already enjoyed significant success at our Ivorian Ity mine, which was a key priority ahead of launching its CIL project. We are now pleased to share the 2 results of our 2017 Burkina Faso exploration program as it provides further confidence in the discovery targets set last year and our ability to extend and enhance our mine lives. Over the past two years we have made significant investments to increase our presence in Burkina Faso as we believe it is an exciting under-explored mining jurisdiction where we have demonstrated our ability to efficiently build and operate mines. As one of the largest producers in the country, we now look forward to continuing to expand our footprint by leveraging our greenfield exploration potential.” | |
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