{"id":1151659,"date":"2019-11-25T14:23:53","date_gmt":"2019-11-25T20:23:53","guid":{"rendered":"https:\/\/www.mining.com\/?p=1007624"},"modified":"2019-11-25T14:23:53","modified_gmt":"2019-11-25T20:23:53","slug":"endeavour-announces-32-resource-increase-at-hounde","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1151659","title":{"rendered":"Endeavour announces 32% resource increase at Hound\u00e9"},"content":{"rendered":"<p>Africa-focused gold producer Endeavour Mining (TSX: EDV) <a aria-label=\"announced on Monday (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/www.endeavourmining.com\/news-releases\/press-release-details\/2019\/Endeavour-Announces-a-1Moz-Increase-in-Indicated-Resources-at-Hound\/default.aspx\" >announced on Monday<\/a> a 1Moz indicated maiden resource for the Kari West and Kari Center discoveries at its Hound\u00e9 mine in Burkina Faso.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>As a result, measured and indicated resources at Hound\u00e9 have increased by 32% from 3.1Moz (44.7Mt at 2.18 g\/t Au) to 4.1Moz (64.1Mt at 2.01 g\/t Au), excluding 2019 depletion. This resource increase is in addition to the <a aria-label=\"previously announced (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/www.mining.com\/endeavour-increases-indicated-resource-90-kari-pump\/\" >previously announced<\/a> indicated maiden resource at Kari Pump, increasing the total indicated resource for the discoveries at the Kari anomaly to 2Moz.<\/p>\n<p>The maiden resource delineated at Kari West and Kari Centre exceeded the company&#8217;s expectations, says Patrick Bouisset, executive vice president of exploration and growth at Endeavour Mining.<\/p>\n<p>&#8220;Due to a low strip ratio of roughly 6:1, we were able to delineate more ounces, increasing the total for Kari West and Kari Centre to 1Moz at a grade of 1.61 g\/t Au based on a cut-off grade of 0.5 g\/t Au,\u201d Bouisset stated in Monday&#8217;s press release.<\/p>\n<p>&#8220;The resources at Kari West and Kari Centre were both discovered at an industry-leading low cost of $15\/oz, underscoring why investment in exploration continues to be a key strategic priority for Endeavour as we build a sustainable business and deliver long-term value for our shareholders,\u201d president and CEO S\u00e9bastien de Montessus added.<\/p>\n<p>Endeavour Mining has drilled over 350,000 metres in the Kari area in less than two years, successfully delineating 2Moz during that time span. <\/p>\n<p>The company intends to begin another 145,000-metre drill campaign shortly, which will focus on extending the mineralization of the Kari discoveries and testing other nearby targets located within 10 km of the processing facility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Endeavour Mining has drilled over 350,000 metres in the Kari area in less than two years, successfully delineating 2Moz during that time span.<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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