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Endeavour Mining Corp.
Summary
| Project: | Fetekro | |
|---|---|---|
| Deposit: | Lafigue | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 9/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-9-2018: Endeavour Mining Corp. announces an Exploration/Drilling Update report for its Lafigue deposit at the Fetekro project. Drilling results incl. 7m @ 39.69g/t Au from 173.75m. Abidjan, September 24, 2018 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) i | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gerard de Hert (Internal) | |
| ABSTRACT: | Abidjan, September 24, 2018 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased announce positive drill results for the Fetekro greenfield exploration property, located in north-central Côte d’Ivoire approximately 500km from Abidjan. Endeavour began exploration on the Fetekro property in March 2017, following a strategic assessment of its exploration tenements which ranked the property as a top priority target. Since then, a total of 312 Reverse Circulation (“RC”) and Diamond Drilling (“DD”) holes have been drilled, amounting to nearly 32,000 meters. Drilling mainly focused on the highly prospective Lafigué target where a large mineralized vein system was defined over an area 2.5km long by 0.6km wide, remaining open at depth and towards the east. All available data is being interpreted and a maiden resource estimate is expected to be published in Q4-2018 and a followup drilling program is scheduled to start in Q4-2018. In addition, a gold-in-soil geochemical campaign was recently completed. Its preliminary assessment indicates the occurrence of additionnal targets located in proximity to Lafigué, where a drill program has been scheduled for 2019. Patrick Bouisset, Executive Vice-President Exploration and Growth stated: “We are pleased to continue to deliver against our two key objectives from our 5-year exploration strategy outlined in 2016. Following the significant near-mine exploration success already achieved, in line with our first objective of extending mine lives, we are now excited to report the results from Fetekro, which is our most advanced greenfield exploration property. The Lafigué target, located within the Fetekro property, has been the primary focus of our recent greenfield exploration program. The discovery of extensive mineralization over such a large area, coupled with the identification of nearby prospects, is very encouraging. We are eager to publish a maiden resource later this year, which may bring us one step closer to achieving our second key objective within our 5-year exploration program – that of discovering of a standalone greenfield project in West Africa.” | |
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