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Endeavour Mining Corp.
Summary
| Project: | Ity Mine | |
|---|---|---|
| Deposit: | Le Plaque | |
| Location: | Ivory Coast | |
| Commodities: | Gold | |
| Date: | 7/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 7-7-2020: Endeavour Mining Corp. announces a Resource Estimation report for its Le Plaque deposit at the Ity Mine project. Updated Mineral Resource Estimate for Project. Abidjan, July 7, 2020 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to announc | |
| Resources: | (Resources, M+I): 7.94Mt @ 2.66g/t Au (689koz Au) at Le Plaque | |
| CP/QP: | [Resource] Kevin Harris (Internal) | |
| ABSTRACT: | Abidjan, July 7, 2020 – Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to announce further success from its ongoing exploration program at the La Plaque discovery, part of its flagship Ity mine in Côte d’Ivoire, with a 43% increase in Le Plaque’s Indicated resource and the confirmation of mineralization for seven additional nearby targets. In H1-2020, exploration efforts continued to be focused on the Floleu license, located only 6km south of the processing plant, which hosts the Le Plaque discovery, with a total of 67,195 meters drilled. This amounts to 188,600 meters drilled on the license since the discovery was made in early 2018. To date, an important part of the drilling campaign has focused on gaining a better understanding of the area’s potential. As such, 65% of the holes drilled since 2018 were for reconnaissance, which has confirmed mineralization for at least seven targets, thereby boosting confidence in delineating further deposits. The Le Plaque deposit was the first target to be delineated and is now estimated to represent only 30% of the whole anomaly. Drilling has resulted in a 43% increase in Le Plaque’sIndicated resource estimate to 689koz, since the last resource was published in June 2019, as shown in Table 1 below. Drilling has confirmed the Le Plaque deposit remains open at depth and in multiple directions and further resources are expected to be delineated. | |
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