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Youga Project
Youga
Country
Burkina Faso
Close to
Ouagadougou
Status
PRODUCTION
Latitude / Longitude
11 N 06 / 0 W 17
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Risk and valuation analysis of the Youga Project
Status Risk : Production
Country Risk : Moderate
Resource Risk : 20.00%
In situ value
475,563,186 $
Title(s) of the Youga Project
Endeavour Mining Corporation
Owner: 90%
Title
Company Profile
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Development of Etruscan’s 90% owned Youga Gold Project in Burkina Faso was substantially advanced over the year and commissioning of the mine is scheduled for mid 2007.The remaining 10% of BMC is held by the Government of Burkina Faso.
Location of the Youga Project
The Youga Gold Mine is located approximately four kilometers north of the Ghanaian border and 180 kilometers southwest of Ouagadougou, the capital city of Burkina Faso on the 80 kilometer Youga Gold Belt.
History of the Youga Project
Etruscan has acquired strategic land positions in three important greenstone belts in Burkina Faso: the Youga Gold Belt, the Banfora Gold Belt, and the Houndé Gold Belt.
Reserves and resources of the Youga Project
Tonnage
Grade
Reserves and resources
Gold
Gold
g/t
oz
Inferred
5,082,000
2.10
343 119
Total
5 082 000
343 119
Definitions
Reserves and resources of the Youga Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
343 119
343 119
oz
472 904 013 US$
Production history
Metal
2010
2009
2008
GOLD (oz)
82,400
64,878
19,589
Production Objectives
Metal
2013
2014
GOLD (oz)
88,000
88,000
Reserves and Resources
2/21/2011
(Endeavour Mining)
Reports Additions to Mineral Resources at Youga Gold Mine
2/17/2011
(Endeavour Mining)
Mining Reports Additions To Mineral Resources At Youga Gold ...
Exploration and drilling
9/19/2011
(Endeavour Mining)
Mining Reports Positive Exploration Results at Youga
1/29/2011
(Endeavour Mining)
Reports Positive Exploration Results at Youga Including 5m a...
1/10/2011
(Endeavour Mining)
PRODUCES 82,400 OUNCES OF GOLD AND REPAYS YOUGA PROJECT DEBT...
1/18/2010
(Etruscan Res.)
Launches Exploration Programs
11/25/2009
(Etruscan Res.)
Youga Mine Reports October Production
10/6/2009
(Etruscan Res.)
Youga Gold Mine connects to grid power
8/6/2009
(Etruscan Res.)
July Gold Production Continues Upward Trend at Etruscan's Yo...
7/7/2009
(Etruscan Res.)
Gold production up in june at Etruscan's Youga Mine
3/9/2009
(Etruscan Res.)
YOUGA GOLD MINE PRODUCES OVER 15,000 OUNCES IN Q1 2009
12/5/2008
(Etruscan Res.)
YOUGA GOLD MINE PRODUCTION EXCEEDS 21,000 OUNCES IN Q4
10/8/2008
(Etruscan Res.)
Etruscan's Youga Gold Mine produces over 6,500 ounces in Sep...
8/21/2008
(Etruscan Res.)
YOUGA MINE PROJECTED TO BE CASH POSITIVE IN AUGUST
7/10/2008
(Etruscan Res.)
Achieves Commercial Production AT Youga Gold Mine
6/17/2008
(Etruscan Res.)
YOUGA GOLD MINE EXPECTS TO ACHIEVE COMMERCIAL PRODUCTION END...
10/3/2007
(Etruscan Res.)
YOUGA GOLD MINE NEARS COMPLETION
10/31/2006
(Etruscan Res.)
Youga Gold Project advances to production
Discoveries and Drilling Results
5/30/2011
(Endeavour Mining)
Mining Reports Positive Exploration Results at Youga Includi...
1/24/2011
(Endeavour Mining)
REPORTS POSITIVE EXPLORATION RESULTS AT YOUGA INCLUDING 5m a...
7/8/2010
(Etruscan Res.)
Satellite Prospects Yield Positive Results, Including 19 Met...
12/1/2008
(Etruscan Res.)
SATELLITE DEPOSITS ADDING OUNCES TO ETRUSCAN’S GOLD RESOURCE...
11/5/2008
(Etruscan Res.)
YOUGA GOLD MINE POURS 7,450OUNCES
6/5/2008
(Etruscan Res.)
YOUGA GOLD MINE RECOVERS 7800 OUNCES IN FIRST THREE MONTHS O...
5/29/2008
(Etruscan Res.)
DRILLING EXPANDS RESOURCE POTENTIAL NEAR YOUGA GOLD MINE
4/7/2008
(Etruscan Res.)
Etruscan's Youga Gold Mine recovers 2600 ounces in first mon...
11/8/2005
(Etruscan Res.)
New zones deliver high-grade intercepts for Etruscan's Youga...
Location
Data last updated on : 7/31/2008
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