Sebastien de Montessus, CEO, commented: “We are very excited to announce this resource update as it continues to demonstrate the Hounde Mine’s potential.
Endeavour Mining (TSX: EDV) has announced an increase of 554,000 oz. contained gold in the measured and indicated category. ENDEAVOUR ANNOUNCES AN INCREASE OF 554,000 OUNCES IN M&I RESOURCES AT ITS HOUNDÉ MINE 2.5Moz of Indicated resources discovered at the Kari Area within three years at … TSX-listed Endeavour Mining has been granted a mining permit extension by the Burkina Faso government, covering the full Kari Area at its Houndé gold mine… Should your cookies be reset then you may again use the drop-down menu to select a default region.Click on the button below to clear your default MiningWeekly.com regional editionNote: When you clear your default region you will be directed to the MiningWeekly.com home page regional edition associated with the geographic location of our IP address.Note: Search is limited to the most recent 250 articles. Barloworld Logistics~First Technology~Hazleton Pumps~Immersive Technologies~Integrated Pump Rental~Pragma~SSG Consulting ~thyssenkruppbarloworld-logistics-2018-01-10~first-technology-2019-11-11~hazleton-pumps-2017-01-31~immersive-technologies-2019-04-01~integrated-pump-rental-2019-12-09~pragma-2018-12-11-1~ssg-consulting-project-management-2014-05-19~thyssenkrupp-2013-05-28-1 View News Release in PDF Format View Sag shell in place View Sag mil shell lower half View ROM Pad, TSF and Plant Our success in moving Kari Pump from discovery to production in under three years underscores our aggressive exploration strategy and the value of our strong established government partnerships in West Africa,” says CEO A 2020 exploration programme of up to $11-million, totalling about 94 000 m, has been planned at the Houndé mine permit, including the Kari Area, with the aim of delineating additional resources.More than 400 holes – representing just over 50 000 m – have already been drilled since the start of the year in the Kari Area, in addition to the grade control drilling.We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.Subscriptions are available via the Creamer Media Store.Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients.
Houndé gold mine is located 250km south-west of Burkina Faso’s capital Ouagadougou in West Africa.
Endeavour Mining Corp. [EDV-TSX; EDVMF-OTCQX] announced that Measured and Indicated resources at its Houndé Mine in Burkina Faso have increased by 554,000 ounces to 4.5 million ounces following further resource delineation at the Kari Area. sq:0.128 0.916s - 265pq - 2rq Endeavour Announces an Increase of 554,000 Ounces in M&I Resources at its Hounde Mine: July 22, 2020: Endeavour Commences Mining at the High Grade Kari Pump Deposit at its Hounde Mine: July 6, 2020: Endeavour Announces a 1Moz Increase in Indicated Resources at Houndé: November 25, 2019 The updated mineral resources now stand at 74.6 million tonnes grading 1.85 grams gold per tonne for 4.45 million oz.
TSX-listed Endeavour Mining has been granted a mining permit extension by the Burkina Faso government, covering the full Kari Area at its Houndé gold mine.The Kari area hosts the Kari Gap, Kari South, Kari Pump, Kari Center and Kari West discoveries.The company plans to publish an updated resource estimate for the Kari Area, incorporating drilling that was done in the first half of the year, in the coming weeks.Endeavour has started with mining activities at the Kari Pump deposit, after more than 60 000 m of grade control drilling was completed during the second quarter of this year.Production from the Houndé mine is expected to reach the upper end of guidance of between 230 000 oz and 250 000 oz for the year.The Kari Area has been permitted as an extension of the main Houndé mining permit, thereby allowing the area to benefit from Burkina Faso’s 2003 Mining Code, which includes a corporate income tax rate of 17.5%, a 10% free-carried State interest and a royalty based on a 3% to 5% sliding scale, depending on the prevailing gold price.“We are pleased to have received consent to start mining in the Kari Area, beginning with the Kari Pump deposit, and we are grateful to the Burkina Faso government for its extraordinary efforts to finalise this permit in spite of the unusual challenges resulting from the ongoing Covid-19 crisis.“Endeavour has been keenly focused on creating value through the drill bit. Select your default regional edition of MiningWeekly.comNote: When you select a default region you will be directed to the MiningWeekly.com home page of your choice whenever you visit miningweekly.com. ENDEAVOUR Mining followed up the grant of a mining licence that locks in growth at its Houndé mine in Burkina Faso with an increase in measured and indicated resources (M&I).. M&I at Houndé increased by 554,000 ounces to 4.5 million oz following further resource delineation at the Kari Area, the property over which it was granted a mining permit earlier this month. M&I at Houndé increased by 554,000 ounces to 4.5 million oz following further resource delineation at the Kari Area, the property over which it was granted a mining permit earlier this month.“Over 2.5 million oz of indicated resources have now been discovered in the Kari Area, ranking it as the largest resource in the Houndé mine complex,” said Sébastien de Montessus, CEO of Endeavour Mining.The conversion of Kari from exploration to production was proof the company’s exploration strategy could work, he added.Endeavour has played in mergers and acquisitions for most of its recent history, the last in May with the takeover of SEMAFO, the Canadian firm.