Endeavour Mining Corporation is pleased to announce a significant discovery at its Ity gold mine in Côte d’Ivoire, as part of its on-going exploration drilling program. The Bakatouo discovery is located along the northern extension of the Zia Northeast and Walter deposits and extends over 800 meters along strike and 250 meters across strike. The mineralization remains open at depth, to the southwest, and to the northeast.
The Bakatouo discovery is characterised by its high-grade and close to surface oxide and fresh mineralization suggesting potential to supplement both the existing heap leach operation and a future Carbon-in-Leach (“CIL”) project, for which a feasibility study is expected in Q4-2016.
The discovery announced is the result of a 165-hole diamond-drilling program totaling 20,417 meters completed in Q3-2016, before the start of the rainy season.
An additional 8,000 meters of infill diamond drilling on Bakatouo is expected to commence after the end of the rainy season, in November, aimed at better defining the overall deposit size, grade and extension, while exploration is on-going on other nearby targets.
Endeavour Mining is a gold producer, focused on developing a portfolio of high quality mines in the prolific West-African region, where it has established a solid operational and construction track record, operating 5 mines in Côte d’Ivoire (Agbaou and Ity), Burkina Faso (Karma), Mali (Tabakoto), and Ghana (Nzema).