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    market news

    Endeavour Provides Construction and Exploration Update for Ity Mine

    Melissa Shaw
    Feb. 23, 2018 08:48AM PST
    Gold Investing

    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 …

    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.

    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.”

    Click here to read the full text release.

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