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Endeavour Mining Provides Construction and Exploration Update for Ity Mine
CIL CONSTRUCTION IS ON-TIME AND ON-BUDGET Construction remains on-time and on-budget with first gold pour expected mid-2019 Concrete works are tracking well, wi
About this update from Endeavour Mining Plc
[{"type":"text","content":" CIL CONSTRUCTION IS ON-TIME AND ON-BUDGET Construction remains on-time and on-budget with first gold pour expected mid-2019 Concrete works are tracking well, with all eight ring beams and the SAG mill foundation pour complete and ball mill foundation pour commencing EPCM design is progressing well with nearly 50% complete MORE EXPLORATION SUCCESS: LE PLAQUE MAIDEN RESOURCE The 100%-owned Le Plaque target has the potential to be the next significant discovery following the recent Daapleu and Bakatouo discoveries, respectively 1.3Moz and 0.7Moz of Indicated resources1° The Le Plaque target, covering an area of 4km2, is located 5km south of the future CIL plant° Only the central portion, representing about 25% of the Le Plaque target, was drilled in 2017, in an area named Le Plaque Main, for which a maiden Indicated resource of 85koz at 2.70 g/t and an Inferred resource of 43Koz at 2.40 g/t was delineated° This maiden resource positions Le Plaque Main to be amongst Ity's highest grade deposits; 75% of the holes drilled in this area encountered intersects thicker than 2m with grades higher than 2g/t° Mineralization occurs from surface and remains open at depth and in several directions ° A high resolution ground IP/resistivity survey is currently underway on the Le Plaque area which will be followed by a new drilling campaign in the coming months, with the goal of delineating the extensions and investigating other high-grade targets in proximity A $7m exploration program is planned for 2018 at Ity to further explore the Le Plaque target in addition to several other near-mill targets (including testing of extensions at the Mont Ity, Bakatouo and Daapleu deposits), and on greenfield targets located within the 100km corridor along the Ity mine Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to announce that good progress is being made on the construction of the CIL plant at its Ity Mine in Cote d'Ivoire, having achieved a major milestone with the completion of the CIL tanks ring beam concrete pours. Construction is progressing on-time and on-budget with the first gold pour expected mid-2019. In addition, Endeavour is pleased to report a high-grade maiden Mineral Resource estimate for the central part of its Le Plaque discovery, located within 5km of the future CIL plant. The Le Plaque ta...