Wednesday, September 14, 2016

Endeavour Mining Corp - EDV.t

Endeavour Mining Corp - EDV.t is an intermediate gold producer expecting to produce between 535,000 to 560,000 ounces from its four operating mines in Côte d’Ivoire, Mali, Ghana, and Burkina Faso.
The Company has Proven and Probable mineral reserves of 5.8 million ounces and Measured and Indicated mineral resources of 10.2 million ounces.

On September 14, 2016 the company reported News

Endeavour Mining Corporation (TSX:EDV)(OTCQX:EDVMF) is pleased to announce that it has consolidated an 80km underexplored Birimian corridor on-trend with its Ity mine in Côte d’Ivoire, significantly increasing its holdings in the Ity district from 178km² to 664km2.

The new Floleu (104km2) and Toulepleu (382km2) exploration tenements were obtained on a 100% ownership basis, while the previously 55%-held Tiepleu tenement (153km2) was re-obtained on a 100% basis. Endeavour believes that these large tenements, which have similar geology to the Ity area, hold very promising exploration targets.