Endeavour Announces 2014 Gold Production of 466,000 Ounces

Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) announced that during 2014 it produced 466,000 ounces of gold, with 120,000 of them being put out in Q4.

Other details include:

• Endeavour has exceeded 2014 production guidance of 400,000 to 440,000 ounces with full year production of 465,770 ounces, which represents a 44% increase over the 324,275 ounces produced in 2013. The increase is a result of the Tabakoto and Nzema mines exceeding their prior year production levels and the addition of the Agbaou mine in 2014 as our fourth and newest operation.

• Endeavour is providing 2015 production guidance of 475,000 to 500,000 ounces at an all-in sustaining cost per ounce of $930 to $980.

• At $1,200 gold price and using the mid-point of 2015 production and AISC/oz guidance ranges, Endeavour is expecting to generate an AISC margin of approximately $120 million in 2015.

Click here to read the full Endeavour Mining Corp. (TSX:EDV,ASX:EVR,OTCQX:EDVMF) press release.