BOUNGOU MINE

Boungou Mine

BURKINA FASO

1.5 MOZ

M&I RESOURCES

1.0 MOZ

P&P RESERVES

180-200 KOZ

PRODUCTION 2021 TARGET

$690-740 /OZ

AISC 2021 TARGET

Select

The Boungou mine is a low cost, high grade operation with significant exploration potential. The mine was built on time and on budget by the previous owners, SEMAFO, and achieved commercial production in Q3 2018.

Endeavour successfully integrated the Boungou mine within its West African operating platform in Q3 2021. Mining activities recommenced in Q4 2020 following the appointment of a local West African mining contractor. As the area around the mine is virtually unexplored and significant opportunity exists to identify additional resources, Endeavour commenced exploration activities in late 2020.

KEY FACTS

Ownership:

90% EDV, 10% Government of Burkina Faso

Production start date:

2018

Mining Method:

Open Pit/Contractor Mining

Processing Technology:

CIL Plant

Expected mine life:

+7 years

Workforce:

Approximately 280