Endeavour Mining to Host Webcast for its Ity CIL Project Optimization Study
14 Setembro 2017 - 9:45AM
ENDEAVOUR TO HOST WEBCAST FOR
ITS ITY CIL PROJECT OPTIMIZATION STUDY
View News Release in PDF Format
George Town, September 14, 2017 -
Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) intends to publish the
Optimization Study for its Ity CIL Project before TSX market open
on September 20th, 2017, and host a conference call and live
webcast on the same day at 9:30am Toronto time (EST).
The Optimization Study is expected to capture
the value recently created through exploration, which has added 1.5
million ounces of Indicated Resources since the publication of the
November 2016 Feasibility Study, representing a 65%
increase.[1]
The conference call and live webcast are scheduled on
Wednesday September 20th at:9:30am Toronto time 6:30am in
Vancouver 9:30am in Toronto and New York 2:30pm in London 9:30pm in
Hong Kong and Perth
The live webcast can be accessed through the following
link: https://edge.media-server.com/m6/p/44r6ckra
Analysts and interested investors are also invited to
participate and ask questions using the dial-in numbers below:
International: +1646 254 3360North American toll-free: 1877 280
2342UK toll-free: 0800 279 4992
Confirmation code: 5815693
The conference call and webcast will be available for
playback on Endeavour's website.
Click here to add Webcast reminder to
Outlook Calendar
CONTACT INFORMATION
Martino De Ciccio VP - Strategy & Investor Relations +
44 203 011 2719 mdeciccio@endeavourmining.com |
DFH
Public Affairs in Toronto John Vincic, Senior Advisor (416)
206-0118 x.224 jvincic@dfhpublicaffairs.com Brunswick Group LLP
in London Carole Cable, Partner +44 7974 982 458
ccable@brunswickgroup.com |
ABOUT ENDEAVOUR MINING CORPORATION
Endeavour Mining is a TSX-listed intermediate
gold producer, focused on developing a portfolio of high quality
mines in the prolific West-African region, where it has established
a solid operational and construction track record.
Endeavour is ideally positioned as the major
pure West-African multi-operation gold mining company, operating 5
mines across Côte d'Ivoire (Agbaou and Ity), Burkina Faso (Karma),
Mali (Tabakoto), and Ghana (Nzema). In 2017, it expects to produce
between 500koz and 530koz at an AISC of US$855 to US$900/oz,
following the full-year deconsolidation of the discontinued Nzema
mine. Endeavour is currently building its Houndé project in Burkina
Faso, which is expected to commence production in Q4-2017 and to
become its flagship low-cost mine with an average annual production
of 190koz at an AISC of US$709/oz over an initial 10-year mine
life, based on reserves. The development of the Houndé and Ity CIL
projects are expected to lift Endeavour's group production to
+900kozpa and decrease its average AISC to circa $800/oz by 2019,
while exploration aims to extend all mine lives to +10 years.
Corporate Office: 5 Young St, Kensington,
London W8 5EH, UK
This news release contains "forward-looking
statements" including but not limited to, statements with respect
to Endeavour's plans and operating performance, the estimation of
mineral reserves and resources, the timing and amount of estimated
future production, costs of future production, future capital
expenditures, and the success of exploration activities. Generally,
these forward-looking statements can be identified by the use of
forward-looking terminology such as "expects", "expected",
"budgeted", "forecasts", and "anticipates". Forward-looking
statements, while based on management's best estimates and
assumptions, are subject to risks and uncertainties that may cause
actual results to be materially different from those expressed or
implied by such forward-looking statements, including but not
limited to: risks related to the successful integration of
acquisitions; risks related to international operations; risks
related to general economic conditions and credit availability,
actual results of current exploration activities, unanticipated
reclamation expenses; changes in project parameters as plans
continue to be refined; fluctuations in prices of metals including
gold; fluctuations in foreign currency exchange rates, increases in
market prices of mining consumables, possible variations in ore
reserves, grade or recovery rates; failure of plant, equipment or
processes to operate as anticipated; accidents, labour disputes,
title disputes, claims and limitations on insurance coverage and
other risks of the mining industry; delays in the completion of
development or construction activities, changes in national and
local government regulation of mining operations, tax rules and
regulations, and political and economic developments in countries
in which Endeavour operates. Although Endeavour has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be
as anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Please refer to Endeavour's
most recent Annual Information Form filed under its profile at
www.sedar.com for further information respecting the risks
affecting Endeavour and its business. AISC, all-in sustaining costs
at the mine level, cash costs, operating EBITDA, all-in sustaining
margin, free cash flow, net free cash flow, free cash flow per
share, net debt, and adjusted earnings are non-GAAP financial
performance measures with no standard meaning under IFRS, further
discussed in the section Non-GAAP Measures in the most recently
filed Management Discussion and Analysis.
[1] Reference press release dated July 27, 2017, available on
Endeavour's website.
Attachments:
http://www.globenewswire.com/NewsRoom/AttachmentNg/9f3316ee-5615-4c29-9f4f-77707a3e0451
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