Endeavour increases indicated resources at greenfield project to 1.2Moz

Africa-focused gold miner Endeavour Mining has increased the indicated resources at its greenfield Fetekro exploration project, in Côte d’Ivoire, by 141% to 1.2-million ounces. “We are excited at the value we have created through exploration, as we have effectively deployed about $10-million to generate a resource in excess of one-million ounces of gold at an attractive grade of over 2.5 g/t. Fetekro’s resource scale has reached an important milestone as it is now similar in size and grade to that of our Agbaou mine when it started production in 2014. We are, therefore, eager to advance our exploration efforts to continue to grow the resource base while initiating various environmental and technical studies.