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Endeavour Mining Announces Maiden Resource at the Greenfield Fetekro Property
FETEKRO HIGHLIGHTS: In line with Endeavour's objective of discovering a standalone project, exploration was launched on the Ivorian Fetekro property in 2017 Mos
About this update from Endeavour Mining Plc
[{"type":"text","content":" FETEKRO HIGHLIGHTS: In line with Endeavour's objective of discovering a standalone project, exploration was launched on the Ivorian Fetekro property in 2017 Most of the drilling to-date has focused on the Lafigué target where a first maiden resource has been delineated: Indicated resource of 6.8 million tonnes at 2.25 g/t Au for 494 Koz Inferred resource of 3.0 million tonnes at 2.25 g/t Au for 225 Koz The delineated resource encompasses approximately two-thirds of the total mineralized area defined to date which extends over an area 2.5 km long by 0.6 km wide The mineralization remains open at depth towards the southeast, east and northeast. 14 additional nearby targets have been identified Preliminary metallurgical test work suggests the potential for high gold recovery rates A 45,000m drilling program began in Q4-2018 and will continue in 2019, focused on the Lafigué target and testing new targets, which is expected to result in the publication of an updated resource estimate in late 2019 Abidjan, October 29, 2018 - Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to announce a maiden resource estimate on the Lafigué target, located within the Ivorian Fetekro greenfield exploration property, and the identification of 14 additional nearby targets. Endeavour began exploration on the Fetekro property in March 2017, following a strategic assessment of its exploration tenements which ranked the property as a top priority target. Since then, nearly 32,000 meters were drilled, mainly focused on the highly prospective Lafigué target, with the drill results published on September 24, 2018. The maiden Lafigué resource estimate, as presented in Table 1 below, encompasses approximately two-thirds of the total mineralized area defined to date which extends over an area 2.5 km long by 0.6 km wide. The mineralization remains open at depth and towards the southeast. Table 1: Lafigué October 2018 Mineral Resource Estimate Tonnage Grade Content (Mt) (Au g/t) (Au koz) Indicated resources 6.8 2.25 494 Inferred resources 3.0 2.25 225 Mineral Reserve estimates follow the Canadian Institute of Mining, Metallurgy and Petroleum (\"CIM\") definitions standards for mineral resources and reserves and have been completed in accordance with the Standards of Disclosure for Mineral Projects as defined by National Instrument 43-101. Re...