New drill zones identified in gold mine at Côte d’Ivoire

mine-iaeaimagebank-flickrCanadian company Endeavour Mining Corporation has found new zones to drill in the Agbaou Gold Mine located in Côte d’Ivoire

The company has reported successful exploration drilling including delineation of high grade zones at Beta and Gamma

Endeavour Mining Corporation CEO Neil Woodyer said, “The majority of this new mineralisation at Agbaou is oxides and the next phase of our 2015 programme will focus on ensuring that these zones are brought into reserves at the end of this year and also continue testing strike extents. Intersecting high grade mineralisation including 16.47 g/t over 8.3 metres at Beta and 12.15 g/t over 9.4 metres at Gamma confirms the exciting potential we have to continue to extend mine life at Agbaou.”

Seventy eight per cent of the 220 holes drilled intersected mineralisation, stated the company. The holes totalled 22,004 metres. The results demonstrate continuity of grades and widths, and have confirmed the interpretation of the Omega and Sigma mineralised zones as extensions of the mineralisation along the same structures that host the West pit mineralisation. Oxidation extends to between 40 and 60 metres depth throughout much of the area.

The Beta zone extends southwest of the North pit, and drilling highlights include 8.3 metres at 16.47g/t of gold (including 2.1 metres at 42.43 g/t gold), 13.1 metres at 3.95 g/t gold (including 3.6 metres at 10.63 g/t gold), 26.7 metres at 3.68 g/t gold (including 5.3 metres at 10.9 g/t gold) and 16.9 metres at 2.40 g/t gold (including 2.7 metres at 8.49 g/t gold).

The Gamma zone is a result of follow up drilling of widely-spaced holes completed in 2014 on a sub-parallel mineralised trend. It is approximately 600 metres long, moderately to steeply dipping southeast. Intersections include 9.4 metres at 12.15 g/t gold (including 4.3 metres at 20.03 g/t gold) and 11.9 meters at 3.18 g/t gold (including 0.9 meters at 12.14 g/t gold). The mineralisation is still open to the southwest and the strike extent will be further tested during the next phase of drilling.

Drilling results in the Sigma zone included 10.2 metres at 3.52 g/t gold (including 0.9 metres at 15.71 g/t gold) and the best intersection at the Omega zone was 13.3 metres at 2.83 g/t gold (including 1.7 metres at 8.29 g/t gold).

The drill programme included 198 reverse circulation (RC) holes for 19,750 metres and 22 diamond drill holes for 2,254 metres. This additional data will be incorporated into year-end mineral resource and reserve estimates. A follow-up drill program has commenced and includes a total of 21,800 metres of RC and diamond drill holes. The programme includes infill drilling, further exploration of the Gamma and Sigma zones as well as testing geophysical targets southwest of Sigma and also in the Agbaou South area.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
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