For thousands of other reports visit RSC's Mineral Intellingence Map
Endeavour Mining Corp.
Summary
| Project: | Ity Mine | |
|---|---|---|
| Deposit: | Le Plaque | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 2/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 23-2-2018: Endeavour Mining Corp. announces an Exploration/Drilling Update report for its Le Plaque deposit at the Ity Mine project. Drilling results incl. 4m @ 59.41g/t Au from 128.93m. Abidjan, February 23, 2018 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) | |
| Resources: | (Resource): 974kt @ 2.7g/t Au (Ind.) and 553kt @ 2.4g/t Au (Inf.) at le Plaque | |
| CP/QP: | [Overall Report]: Gerard de Hert (Internal) | |
| ABSTRACT: | Abidjan, February 23, 2018 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to announce that good progress is being made on the construction of the CIL plant at its Ity Mine in Cote d’Ivoire, having achieved a major milestone with the completion of the CIL tanks ring beam concrete pours. Construction is progressing on-time and on-budget with the first gold pour expected mid-2019. In addition, Endeavour is pleased to report a high-grade maiden Mineral Resource estimate for the central part of its Le Plaque discovery, located within 5km of the future CIL plant. The Le Plaque target, which covers an area of 4km2 , has the potential to be the next significant discovery following the company’s recent Daapleu and Bakatouo discoveries, and the maiden resource positions it to be amongst Ity’s highest grade deposits. Only the central portion has been drilled to date, representing about 25% of the Le Plaque target, in an area named Le Plaque Main, for which a maiden Mineral Resource estimate has been delineated, as presented in Table 1 below. A new drilling campaign aimed at delineating the extensions and investigating other high-grade targets in proximity is planned for the remainder of 2018. Patrick Bouisset, Executive Vice-President Exploration and Growth at Endeavour, said: “We are very pleased with the Le Plaque discovery as it continues to demonstrate the highly prospective nature of the Ity area. While we have only drilled a small portion of the target, its characteristics suggest it may have the potential to be the next significant discovery following the Daapleu, Mont Ity and Bakatouo discoveries. Importantly, with an Indicated Resource grade of 2.7g/t, compared with the current Ity CIL reserve grade of 1.5g/t 2 , the Le Plaque area has the potential to further improve the asset’s already robust production profile | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report