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Endeavour International Corporation

Publié le 03 août 2011

Mining Reports Exploration Results At C=F4te D'Ivoire Development Project and from Burkina Faso Prop

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News Release - Wednesday, August 03, 2011
Endeavour Mining Reports Exploration Results At C�te D'Ivoire Development Project and from Burkina Faso Properties


George Town, Grand Cayman, August 3, 2011 - Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV) today announces positive exploration results on development projects in C�te d'Ivoire and Burkina Faso, and operational results for the second quarter of 2011.
  • Infill drilling program at the Agbaou feasibility-stage project in C�te d'Ivoire resumed in June 2011. The results received to date have consistently demonstrated continuity of grades and widths and confirmed the quality and interpretation of the mineralised zones within the deposit. Intersections include 24 metres at 10.66 g/t gold and 10 metres at 17.06 g/t gold.
  • In addition, significant new exploration results were obtained from the Agbaou condemnation drilling campaign in areas which were being conceptually considered for the location of the tailings storage facility and the waste rock dump. Intersections from the waste rock dump area included 4 metres at 9.75 g/t gold and 6 metres at 3.58 g/t gold.
  • Positive technical evaluation work for the expansion of the Youga Main and East pits and the 2010 NI 43-101 resource estimate will be updated during the second half of 2011 to include the encouraging exploration results on the periphery of the current pits.
  • Exploration results from a resource delineation and expansion program at the Ouar� deposit, located 40 kilometres northwest of the Youga Mine in Burkina Faso, include intersections of 8.8 metres at 3.83 g/t gold and 6.4 metres at 2.55 g/t gold which confirm earlier interpretations and demonstrate continuity of the Ouar� Main Zone.
  • Metallurgical testwork is being initiated at Ouar� in preparation for scoping studies to evaluate whether the deposit will be fed to the Youga mill or potentially be a heap leach operation.
During Q2 2011, the Youga Mine in Burkina Faso produced 21,575 ounces of gold. Based on actual production results of 41,631 ounces for the first half of 2011 and the budgeted plan for the remainder of 2011, the Corporation anticipates achieving its full year guidance of approximately 84,000 ounces. Endeavour is scheduled to release its full Q2 2011 results on Wednesday, August 10, 2011.

C�te d'Ivoire

Agbaou Project Development


Endeavour is pleased to report that the 20,000 metre drilling program at the Agbaou feasibility-stage project in C�te d'Ivoire resumed in late June 2011.

The current measured and indicated mineral resource at a 0.5 g/t cut-off is 16.6 million tonnes at 1.9 g/t gold containing 1,015,000 ounces plus an inferred mineral resource of 5.1 million tonnes at 1.7 g/t gold containing 272,000 ounces1. A portion of the drilling program is designed to upgrade mineral resource classifications and to increase the size of the deposit. The results for the initial 45 RC infill holes (3,104 metres) have been successful at confirming the continuity of grade and widths of mineralization and the highlights are provided in Table 1.

The area north east of the Agbaou West Deposit (Figure 1: http://files.newswire.ca/910/Figure_1.pdf), and on the periphery of the proposed waste rock dump, was investigated by RC drilling which returned results including 4 metres at 9.75 g/t gold and 6 metres at 3.58 g/t gold suggesting possible extensions of the west pit orebody and/or the possibility of a new orebody. On the south end of the waste dump are several intersections that may represent extensions of the Main Zone mineralization to the south west.

Further to the north, on the west side of the conceptually planned tailings facility, two holes at the end of a fence of holes returned values of 1.18 g/t gold and 1.89 g/t gold over 6 metres and 2 metres respectively. The relationship of this area to other mineralized zones is not known at this time and follow up exploration work is planned to test this possibility of additional mineralization.

These holes are being drilled on sections nominally spaced 300 metres apart with hole spacing 25 metres apart.

An additional 44 holes were completed without significant results in areas of planned infrastructure and facilities.

Neil Woodyer, Chief Executive Officer, stated "I am pleased to report on the positive infill drilling results received to date following the resumption of work at our feasibility stage project in C�te d'Ivoire and I am excited by the new mineralisation discovered at the project site during condemnation drilling. In addition to engineering studies to support a mine construction decision during Q1 2012, we are now planning a drilling program to follow-up on this unexpected mineralization."

Photos of current drilling activity have recently been posted on the Corporation's website. Work continues on engineering studies which includes a study of power supply options. A mine construction decision for Agbaou is anticipated for Q1 2012 with gold production scheduled to commence in late 2013.

Burkina Faso

Youga Mine Lease and Youga Belt Exploration Permits


Mining on Endeavour's Youga Mine Exploitation Lease commenced in 2008 and by the end of 2010 a total of 193,000 ounces of gold have been recovered. The NI 43-101 compliant mineral resources at a 0.5 g/t cut-off were estimated at 868,000 ounces (measured and indicated) plus 276,000 ounces (inferred) and the mineral resources contained 362,000 ounces of mineral reserves2.

In 2011 Endeavour embarked on a major exploration program focused on increasing the mineral reserves and resources for the Youga mine in order to extend mine life and increase asset value. The principal drill target areas being:
  • Peripheral extensions to the currently operated Main and East pits.
  • The Zergor�, Nanga, Tail, LeDuc and A2NE satellite deposits on the Youga mine lease.
  • Targets on the Bitou exploration permit, located 40 kilometres north east of the Youga processing plant, which hosts a number of targets including the 323,000 ounces Inferred mineral resource with a 0.5 g/t cut-off at Ouar�3.
See Figure 2: http://files.newswire.ca/910/Figure_2.pdf for locations of deposits on the Youga mine lease and Figure 3: http://files.newswire.ca/910/Figure_3.pdf for the location of the Bitou permits and Ouar� deposit.

In the first half of the year a total of 26,545.5 metres of RC and diamond core drilling has been completed on these targets with encouraging results in all three areas from the assays returned to date.

Youga Mine Lease

Main / East Pit Pushback and Exploration


During the first half of 2011, and subsequent to the release of the December 2010 NI 43-101 Technical Report (issued March 2011), the open pit designs were re-evaluated based on updated cost and gold price factors. The re-evaluation demonstrated that the re-optimised pits would increase in size in terms of depth, daylight footprint and contained mineral resources. Subsequent to this re-optimisation and prior to making a decision to proceed with the expansion, work has focused on evaluating the various technical, timing and practical mining requirements of the plan. The principal aspects being assessed are the availability of mining capacity and the slope angles applicable to the revised pit shell. Work on these areas is currently being finalized.

In parallel to the engineering studies, considerable exploration drilling has been undertaken on the periphery of the deposits in the East Wall of the Main Pit (Triple A Zone), North Wall of the East Pit, the Gap zone between the pits and to the east of the East Pit. This exploration work has returned interesting mineralisation intercepts from all four areas and the mineral resource model is in the process of being updated to include these results. Infill and extension RC and diamond core drilling and updating of the mineral resource models will continue throughout the remainder of 2011 to follow up on the results to date in all four areas in order to define the full potential of these mineralized zones and the extent to which this will add further value to the economics of the planned pushbacks. Table 3 provides a selective summary of recent drill results from the pit areas and also related intercepts in these same areas obtained from previous drilling.

The current drill program has identified additional mineralization in the previously announced Triple A zone on the East wall of the Main pit where a diamond drill hole reported 37m at 2.0g/t including 4m at 6.3g/t (February 17, 2011 Press Release). The follow‐up drilling reported intersections in five of the holes including; 8m at 6.4g/t including 1.8m at 15.0g/t, and 3m at 18.8g/t including 1m at 37.8g/t (February 17, 2011 Press Release). One hole has now reported 7m at 1.66g/t including 1m at 5.16g/t and additional drilling is underway to test this area immediately adjacent to the current pit limits with 13 holes.

Previously reported results from the North wall of the East pit include 4m at 2.1g/t, 7m at 2.2g/t including 2m at 5.0g/t, 4m at 4.7g/t including 1m at 6.2g/t (at the end of the hole) and 26m at 1.9/t including 2m at 4.3g/t (May 30, 2011 Press Release). Results from mineralization in the vicinity of the Main and East pits include 11 metres at 1.61 g/t gold and 10 metres at 1.48 g/t gold. However based on the new interpretation several of these new holes were not drilled deep enough to test the projected mineralization and several RC holes have subsequently been deepened with core, these results are pending.

Endeavour's on-going exploration focus is the addition of mineral resources and reserves at Youga to support further technical evaluation work on the Main and East pits pushbacks.


Mining Lease Satellite Deposits

Drilling continues on the mine exploitation lease and within 3 kilometres of the Youga plant on depth and strike extensions at the A2NE, Zergor�, Nanga and Tail deposits, which collectively contain 159,000 ounces indicated and 165,000 ounces inferred at a 0.5 g/t cut-off, NI 43-101 compliant, gold resources2. In the first half of 2011, preliminary evaluation of the satellite deposits, based on the currently declared resources, was undertaken and indicated reasonable potential for these deposits to be ultimately incorporated into the life of mine plan production plan.

Drilling highlights from the satellite deposits reported in previous news releases are summarized in Table 4. New drill results from these areas are currently being received and evaluated while additional drilling is planned.


Youga Belt Exploration -- Bitou Concession -- Ouar� Deposit

The Ouar� project is located on the Bitou permit 40 kilometres northwest of the Youga plant (see Figure 3: http://files.newswire.ca/910/Figure_3.pdf and Figure 4: http://files.newswire.ca/910/Figure_4.pdf). Figure 4 shows the drilling performed to date on Ouar� Main and Ouar� West.

At Ouar�, the exploration camp was constructed during Q1 2011 and drilling commenced in Q2 2011. The first phase of the drill program is well underway and largely consists of in-fill drilling with both RC and core-drilling on the Ouar� Main and Ouar� East zones with the objective of improving the geological model and upgrading the resource classification. The second phase will explore along strike and to depth to test for additional resources.

Results of the first 4,376 metres (42 RC holes) of the planned 25,000 metre drill program provided the highlights in Table 5. As of July 8, 2011 106 RC holes (11,737 Meters) and 14 core holes (1,699.5 meters) have been completed.

Initial exploration results include intersections of 8.8 metres at 3.83 g/t gold and 6.4 metres at 2.55 g/t gold and numerous intersections across of variable grade and width ranges confirming the presence of significant gold mineralisation within the first 100 metres depth of the deposit. Many results are still pending but highlights from the initial drill-holes confirm continuity of the Main Zone and are included in Table 5.

The previously reported inferred mineral resource at a 0.5 g/t cut-off at Ouar� was 4.738 Mt at 2.1 g/t containing 323,000 ounces gold3. The deposit is over two kilometres long and had been nominally tested on 50 metre spaced sections to a maximum depth of 100 metres. The current program is designed to reduce the drill hole spacing to 25 by 20 metres and to extend the resources to at least 150 metres depth on selected sections.

Samples for metallurgical testwork will be collected from core holes on the Ouar� Main, West and East zones. The testwork will be part of engineering studies that will examine the potential to exploit these resources through either hauling to the existing Youga plant or processing the ores as a heap leach operation at the Ouar� site.


Youga & Ouar� Exploration Campaign Progress

The 2011 exploration campaign was planned to drill over 50,000 metres on 17 targets. First pass drilling to date is complete on ten of these targets and continues on five of the targets. There are four rigs currently active and the program has been revised to 63,000 metres. Results are pending for drilling on nine zones.

In addition five new targets have been identified during prospecting, mapping and review of geochemical surveys with exploration programs to be developed to test these targets in 2011.

Endeavour contracted Fugro NPA to complete a compilation of satellite, geophysical and geochemical data to identify principal structural features relative to the mineralized zones. The Corporation also contracted SRK to commence a structural study including all property datasets and also mapping and core review. The first phases of these studies are complete and are being integrated for exploration targeting. SRK will be contracted to conduct additional work as the exploration program progresses. The majority of the mineralized zones on the Youga mine permit are within Tarkwa sediments. Endeavour holds two exploration permits to the southwest of Youga and these cover two basins that were highlighted by the NPA Fugro study. These additional Tarkwa inliers are at Bourgre and Zerbogo. A geophysical survey has been contracted for after the rainy season and geochemical coverage will be expanded to cover these prospective areas in addition to planned soil geochemistry surveys.


Burkina North Project Exploration

Endeavour is preparing to commence the first phase of an exploration program on Burkina North Project located in central Burkina Faso, 140 kilometres north of Ouagadougou. The project area is comprised of two, contiguous permits (Boulounga and Minima) strategically located adjacent to and north of High River Gold's Bissa Hill deposit (2.65 Moz Measured and Indicated, February 2011, Newall) and Goldrush's Ronguen deposit (0.24 Moz Inferred Resource, May 2008, Nimoh, Wahl and Couture). The program includes completion of the regional soil geochemistry over the Minima Permit and auger drill testing the north-south VTEM anomaly on the Boulounga Permit.

Neil Woodyer, Chief Executive Officer, commented "In Burkina Faso, steady and encouraging progress has been made on near mine exploration and technical evaluation work to extend the ore reserve base on the Youga mine exploitation permit and on the exploration program at the Ouar� deposit located on the Bitou concession 40 kilometres north of the Youga mine plant."


Table 1 Agbaou South & Main Zone Infill Drilling Highlights to July 2011

Hole ID
From
(m)
To
(m)
Length
(m)
Au Grade (g/t)
AGBRC421
0
12
12
1.40
including
10
12
2
3.43
and
42
44
2
5.92
and
48
56
8
1.92
including
48
50
2
3.85
AGBRC422
0
6
6
1.46
and
58
70
12
1.76
including
58
60
2
8.39
AGBRC423
0
6
6
2.34
including
0
2
2
4.09
AGBRC424
0
10
10
17.06
including
4
8
4
40.77
and
48
58
10
1.22
including
56
58
2
3.15
AGBRC425
0
24
24
10.66
including
4
6
2
109.83
and
74
88
14
3.30
including
76
80
4
7.11
AGBRC426
22
26
4
9.18
and
90
108
18
1.58
including
104
106
2
3.08
AGBRC427
36
40
4
3.18
including
38
40
2
5.85
and
44
48
4
6.95
including
44
46
2
13.31
and
116
130
14
1.68
including
120
122
2
5.44
AGBRC428
0
6
6
1.64
including
4
6
2
3.04
and
50
72
22
1.52
including
56
58
2
5.23
AGBRC429
64
76
12
4.63
including
64
68
4
11.64
AGBRC437
0
16
16
2.18
including
10
14
4
5.41
and
58
86
28
2.23
including
68
74
6
5.33
AGBRC438
86
106
20
1.81
including
104
106
2
5.84
AGBRC439
0
6
6
2.86
including
4
6
2
7.36
and
34
40
6
3.11
and
114
126
12
3.30
including
116
118
2
8.20
AGBRC440
48
62
14
3.23
including
54
60
6
4.62
AGBRC441
60
84
24
3.50
including
68
70
2
11.65
AGBRC442
72
100
28
3.99
including
80
82
2
13.45
AGBRC443
0
6
6
1.26
and
34
46
12
2.40
including
34
36
2
6.95
AGBRC444
26
40
14
4.38
including
38
40
2
17.65
AGBRC445
20
30
10
2.13
including
26
28
2
7.29
AGBRC446
0
16
16
2.50
including
6
12
6
4.25
AGBRC447
0
10
10
1.99
including
6
8
2
3.09
and
54
58
4
11.38
AGBRC448
74
80
6
11.12
including
74
78
4
15.58
AGBRC449
0
8
8
1.00
AGBRC450
44
54
10
3.65
including
44
50
6
5.38
AGBRC451
20
26
6
22.91
AGBRC452
58
80
22
2.19
including
66
68
2
4.92
AGBRC453
0
10
10
1.40
AGBRC454
14
26
12
14.13
including
18
24
6
24.94
AGBRC455
46
62
16
17.06
including
50
58
8
32.54
AGBRC456
74
92
18
1.94
including
78
80
2
9.11
AGBRC457
38
44
6
2.96
including
38
40
2
7.41
and
116
*120
4
5.92
including
116
118
2
8.47
AGBRC458
60
64
4
5.90
including
60
62
2
10.24
AGBRC459
0
10
10
1.10
AGBRC460
0
12
12
4.52
including
8
12
4
9.06
and
20
22
2
13.53
AGBRC461
0
10
10
3.23
including
0
4
4
6.19
and
14
22
8
2.63
including
14
16
2
3.71
AGBRC462
2
12
10
2.14
including
6
8
2
5.44
and
18
48
30
6.80
and
30
32
2
28.75
AGBRC463
0
10
10
3.74
including
2
6
4
8.08
and
72
82
10
6.75
including
74
76
2
20.89
AGBRC464
0
22
22
2.32
including
12
14
2
7.97
AGBRC465
0
10
10
1.29
AGBRC466
62
74
12
6.77
including
68
70
2
27.78
AGBRC467
86
110
24
2.26
including
96
98
2
8.55
AGBRC468
106
116
10
5.54
including
106
108
2
13.27
AGBRC469
90
92
2
5.91
and
104
118
14
13.64
including
108
114
6
24.33
AGBRC470
32
44
12
15.33
including
36
44
8
21.43


Table 2 Agbaou Condemnation Drilling Highlights to July 2011

Hole ID
From
To
Length
Au Grade
 
(m)
(m)
(m)
(g/t)
AGBRC384
3
15
12
0.66
AGBRC388
3
6
3
1.42
AGBRC397
12
15
3
2.04
AGBRC411
0
9
9
0.48
AGBRC416
36
37.5
1.5
3.19
AGBRC508
30
33
3
1.39
AGBRC509
24
27
3
28.53
AGBRC510
12
24
12
2.54
including
15
18
3
7.22
AGBRC523
42
48
6
1.18
AGBRC525
14
16
2
1.89
AGBRC541
38
40
2
3.21
AGBRC545
46
48
2
1.69
AGBRC546
30
32
2
1.00
AGBRC547
36
40
4
5.98
including
36
38
2
10.06
AGBRC552
50
52
2
6.09
AGBRC553
14
22
8
7.24
including
18
20
2
17.3
AGBRC559
4
8
4
1.63
and
24
28
4
9.75
AGBRC563
16
22
6
3.58
including
18
20
2
9.13
AGBRC564
42
46
4
1.48
AGBRC565
32
34
2
1.13
AGBRC583
0
2
2
7.26
AGBRC570
16
20
4
1.16
AGBRC573
36
38
2
0.79
AGBRC577
4
12
8
2.47
including
8
12
4
3.34
AGBRC583
0
2
2
7.26



Table 3 Youga Main and East Pit Drilling Highlights to July 2011

Area
Previously
Released
Hole
ID
From
(m)
To
(m)
Interval
(m)
Au Grade
(g/t)
Triple A
Historical
A2-97-40
19
29.9
10.9
1.14
and
93.5
105.5
12
1.61
Historical
A2-97-41
2
10
8
2.16
Released
YGT-10-002
142.7
156.7
14
2.33
and
161.7
179.7
18
2.55
including
168.7
172.7
4
6.34
Released
A2-10-209
182.3
190.3
8
7.22
Released
A2-10-210
205.6
211.5
5.9
2.09
Released
A2-10-211
127
145.1
18.1
1.48
Released
A2-10-213
98
101
3
18.83
New
A2-11-216
145.4
167
21.6
4.83
New
A2-11-217
167.8
177
9.2
3.19
New
RC-11-320
80
85
5
1.99
and
134
141
7
1.66
including
139
140
1
5.16
and
146
148
2
2.21
GAP
Historical
A2-96-12
12
24.5
12.5
1.30
Historical
A2-97-57
48.1
55
6.9
2.96
Historical
RC-04-187
16
26
10
1.74
including
18
20
2
3.46
Released
RC-11-280
42
46
4
1.86
including
42
44
2
3.10
East Pit North Wall
Historical
A2-96-06
40
53.5
13.5
2.74
including
45
50
5
4.01
and
59.7
62.25
2.55
2.72
Historical
A2-97-39
176
182
6
2.78
including
177
178.8
1.8
6.56
Historical
A2-04-158
28.5
36
7.5
1.14
Historical
RC-04-190
60
73
13
1.62
including
71
73
2
5.12
Historical
RC-04-195
20
36
16
1.00
Released
RC-11-285
14
24
10
1.12
Released
RC-11-288
59
64
5
2.91
and
69
75
6
1.07
and
96
100
4
4.73
Released
RC-11-289
65
89
24
2.06
including
77
82
5
3.31
New
RC-11-290
29
33
4
2.59
East of East Pit
New
RC-11-305
89
96
7
1.60
including
90
93
3
2.46
New
RC-11-308
86
97
11
1.60
New
RC-11-310
6
10
4
1.65


Table 4 Youga Satellite Deposits Drilling Highlights

Area
Previously
Released
Hole ID
From
(m)
To
(m)
Interval
(m)
Au Grade
(g/t)
Zergore NE
Released

YZ-11-36

0.2
11.5
11.3
2.04
including
8.5
10.5
2.0
7.35
and
30.9
31.7
0.9
18.20
Zergore NW
Released

YZ-10-17

46.6
61.6
15.0
2.57
including
46.6
49.6
3.0
6.51
Released

YZ-10-19

79.0
83.0
4.0
2.09
including
79.0
80.0
1.0
4.95
Released

YZ-11-34

37.1
44.1
7.0
2.81
including
38.2
39.2
1.0
6.89
Released

YZ-11-35

59.8
75.4
15.6
1.99

 

66.3
68.3
2.0
5.10
Zergore South
Released

YZ-10-21

72.0
86.0
14.0
1.07
including
84.0
85.0
1.0
4.20
Released

YZ-10-22

13.0
26.0
13.0
2.44
including
17.0
19.0
2.0
9.76
and
51.0
52.5
1.5
7.97
Released

YZ-10-23

46.0
56.0
10.0
3.08
Released

YZ-10-23

51.0
55.0
4.0
6.75
Released

YZ-10-26

14.0
24.0
10.0
2.08
including
15.0
16.0
1.0
7.90
and
85.0
93.0
8.0
2.95
including
85.0
86.0
1.0
16.20
Released

YZ-11-27

100.0
100.0
1.0
34.00
Released

YZ-11-29

1.1
15.8
14.7
2.8
including
4.1
5.1
1.0
28.2
Released

YZ-11-31

85.4
95.7
10.3
1.73
including
88.4
89.4
1.0
9.94
Released

YZ-11-32

76.1
102.4
26.3
1.83
including
99.7
100.4
0.8
9.22
Released

YZ-11-33

65.0
78.5
13.5
2.26
including
73.6
74.5
0.9
8.78
Released

YZ-11-46

60.9
74.0
13.1
1.95
including
71.0
73.0
2.0
3.90
A2NE
Released

YNE-10-002

8.6
31.0
22.4
3.10
including
21.0
22.5
1.5
18.56
Released

YNE-10-003

68.9
77.0
8.1
2.33
including
76.0
77.0
1.0
11.10
Released

YNE-10-004

37.0
45.0
8.0
1.77
including
43.0
44.0
1.0
6.12
and
85.0
86.0
1.0
63.50
Released

YNE-10-006

1.2
7.0
5.8
3.61
including
3.0
5.0
2.0
9.31
Released

YNE-10-015

49.5
61.0
11.5
2.43
including
59.0
61.0
2.0
9.23
Released

YNE-10-016

19.0
33.0
14.0
4.06
including
32.0
33.0
1.0
30.00
Released

YNRC-029

28.0
39.0
11.0
2.52
including
37.0
38.0
1.0
12.00
Released

YNRC-040

37.0
46.0
9.0
4.82
including
37.0
40.0
3.0
13.43
Released

YNRC-045

58.0
63.0
5.0
24.92
including
61
62
1
107.00
Released

YNRC-048

2.0
10.0
8.0
1.47
including
6
7
1
4.12
Released

YNRC-053

6.0
11.0
5.0
7.45
including
8
11
3
12.13
Nanga
Historical

A2-05-168

28.2
41.2
13.0
3.91
including
31.3
34.0
2.7
9.88
Historical

A2-05-178

63.3
78.3
15.0
6.99
including
67.6
72.2
4.6
13.36
Historical

A2-05-182

64.0
79.6
15.6
2.00
including
65.5
68.1
2.6
5.48
Historical

A2-05-282

11.0
66.0
55.0
1.03
including
26.0
49.0
23.0
1.62
Historical

A2-05-289

46.0
67.0
21.0
1.33
including
51.0
52.0
1.0
3.57



Table 5 Ouar� Main Zone Drilling Highlights to July 2011

Hole ID
From
(m)
To
(m)
Length
(m)
True Width
(m)
Au Grade
(g/t)
BITRC-11-226
61
62
1
0.8
16.7
BITRC-11-228
1
13
12
9.6
1.2
including
3
5
2
1.6
3.3
and
17
40
23
18.4
1.0
including
23
24
1
0.8
4.5
BITRC-11-230
12
21
9
7.2
1.6
including
15
16
1
0.8
3.1
and
35
45
10
8
1.1
BITRC-11-231
78
92
14
11.2
1.1
BITRC-11-232
23
33
10
8
1.0
BITRC-11-233
87
93
6
4.8
1.8
including
89
91
2
1.6
3.6
BITRC-11-234
13
17
4
3.2
8.2
including
14
16
2
1.6
14.9
BITRC-11-238
50
61
11
8.8
3.83
including
55
56
1
0.8
29.90
BITRC-11-240
54
57
3
2.4
6.24
including
54
55
1
0.8
15.90
BITRC-11-250
30
36
6
4.8
2.73
including
31
33
2
1.6
5.93
and
112
117
5
4
3.23
BITRC-11-252
42
48
6
4.8
2.67
including
44
46
2
1.6
6.41
and
42
48
6
4.8
2.67
including
44
46
2
1.6
6.41
BITRC-11-266
28
36
8
6.4
2.55
including
29
31
2
1.6
6.13
and
73
74
1
0.8
18.90
BITRC-11-267
102
108
6
4.8
1.74
including
107
108
1
0.8
7.06
BITRC-11-274
82
113
31
24.8
1.39
including
100
102
2
1.6
4.86
and
117
128
11
8.8
1.79
including
120
121
1
0.8
5.29
BITRC-11-275
29
30
1
0.8
25.50
and
59
65
6
4.8
3.04
including
61
63
2
1.6
4.87


Qualified Person

K. Kirk Woodman, P. Geo, Head of Exploration is the Qualified Person overseeing Endeavour's exploration projects in West Africa and has reviewed and approved this press release.

Adrian De Freitas, C.Eng., General Manager, Youga Mine is the Qualified Person overseeing production and development in West Africa and has reviewed and approved this press release.



About Endeavour Mining Corporation

Endeavour is a gold producer. Endeavour also holds an extensive exploration land position and various advanced-stage development gold projects in West Africa. Endeavour has a global strategy, supported by financial resources and management's company building expertise, to grow into an intermediate gold producer through strategic acquisitions.

The common shares of Endeavour Mining Corporation are traded on the Toronto Stock Exchange under the symbol "EDV".

On behalf of Endeavour Mining Corporation

"Christian Milau"

Christian Milau
Executive Vice President & Chief Financial Officer

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking information relating to the future performance of Endeavour Mining Corporation. Forward-looking information, specifically, that concerning future performance, is subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Corporation's filings with the appropriate securities commissions.

For additional information, contact:

Stephen Roberts, Senior Vice President -- Investor Relations (604) 609-6130, sroberts@endeavourmining.com

or

Vanguard Shareholder Solutions 1-866-341-4111 or (604) 608-0824, investor@endeavourmining.com

1 Feasibility Update Study Report on the Agbaou Gold Project, Cote d'Ivoire, West Africa for Etruscan Resources Inc, dated September 2009, prepared by MDM Engineering International Ltd. and Coffey Mining Pty Ltd.

2 Technical Report and Update of Mineral Resources and Mineral Reserves for the Youga Gold Mine, Burkina Faso, West Africa, effective December 31, 2010 and dated March 15, 2011, prepared by A. de Freitas and K. Woodman.


3 Ouar� Deposit, Internal Resource Estimate, dated June 16 2009 prepared by A. Mouton under supervision of K. Woodman Qualified Persons not independent of Endeavour Mining Corporation.



Figure 1 -- Agbaou Project Site Plan, C�te d'Ivoire




Figure 2 -- Deposits on the Youga Mine Lease, Burkina Faso




Figure 3 -- Bitou Permit, Burkina Faso




Figure 4 -- Drilling Performed to date on the Ouar� Deposit, Bitou Permit, Burkina Faso



Copyright � 2011 ENDEAVOUR MINING CORPORATION (EDR) All rights reserved. For more information visit our website at http://www.endeavourmining.com/ or send email to info@endeavourmining.com ..

Données et statistiques pour les pays mentionnés : Burkina Faso | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Burkina Faso | Tous

Endeavour International Corporation

EN DÉVELOPPEMENT
CODE : END
ISIN : US29259G2003
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Endeavour est une société développant des projet miniers et de pétrole basée aux Etats-Unis D'Amerique.

Endeavour est en développement de projets de gaz en U.k., et détient divers projets d'exploration en Norvege.

Son principal projet en développement est COLUMBUS en U.k. et ses principaux projets en exploration sont NOATUN et ROCHELLE DISCOVERY en Norvege.

Endeavour est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 7,3 millions US$ (5,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 13 janvier 2012 à 9,99 US$, et son plus bas niveau récent le 10 octobre 2014 à 0,15 US$.

Endeavour possède 47 200 000 actions en circulation.

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