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Endeavour Mining PLC (LSE:EDV, TSX:EDV,OTCQX:EDVMF) Executive Vice President of Exploration Jono Lawrencevisits the Proactive London studio to speak with Thomas Warner aboutthe top-10 global gold producer's exploration efforts.
Endeavour operates four mines acrossSenegal, Côte d'Ivoire, and Burkina Faso. The Tanda-Iguelaproperty in Côte d’Ivoire continues to be Endeavour’s largestexploration focus, with over 226km of drilling completed on theproperty since late 2021, 168km of which has been completed during YTD2023.
Lawrence gives more detailabout progress as Tanda-Iguela, where a 303% increase in indicatedounces led to a significant 4.5 million ounce yield. This achievementis part of Endeavour's strategy to establish tier-one assets andexpand its exploration portfolio. He says that a key factor inEndeavour's rapid progress is its ability to mobilize resourcesquickly, thanks to its extensive network in West Africa.
In 2022 alone, Endeavour expanded itsdrilling program from 70,000 to 180,000 metres. This efficiency isunderpinned by the company's considerable investment in technicalstaff and drilling equipment. Lawrence outlines the company's nextsteps, including the exploration of seven priority satellite targetsnear the Assafou deposit.
These targets, spanning a 12-kilometrestrike length, promise similar mineralization styles as seen inAssafou itself. He adds that Endeavour's upcoming plans atTanda-Iguela involve a pre-feasibility study, extensive metallurgicaltest work, and community engagement initiatives.
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