Endeavour makes significant discoveries
Endeavour makes significant high grade discoveries at houndé, Kari Pump target significantly extended. Two new discoveries made in the Kari area. Following last year's Kari Pump discovery, more than 1,000 holes comprising 76,000m have already been drilled in the wider Kari area, located only 7km away from the Houndé processing plant.
Kari area is now comprised of three large high-grade discoveries. Drilling at the previously discovered Kari Pump target confirmed its high-grade nature and significantly expanded its mineralization which now extends 1.3km along strike and across a width of 160 to 200m, while remaining open to the north and northwest.
More than 1,000 holes comprising 76,000 meters have already been drilled in the Kari area since late December, extending the mineralized zone to a very large area now measuring 4km long and 3km wide, with approximately 25% of the gold-in-soil anomaly remaining to be drilled.
Patrick Bouisset, Executive President Exploration and Growth stated: "Following the initial discovery made last year, we have undertaken an extensive drilling campaign on the wider Kari target due to its potential size and higher-grade nature.
With more than half of the planned 141,000-meter drilling program complete, we are extremely pleased with the results as they validate its potential and we are eager to delineate a first maiden resource on the Kari Pump area by year-end."
Sebastien de Montessus, President & CEO, added: "With Houndé ramped-up and the plant performing above nameplate capacity, we are now eager to pursue additional upside from exploration. These new discoveries provide confidence in achieving our strategic objective of maintaining a steady production profile at an attractive All-in Sustaining Cost over at least 10-years.
