Discovered in 2022, Tanda Iguela in Côte d’Ivoire is one of the most significant discoveries made in West Africa over the past decade and has the potential to be another flagship asset for Endeavour.

Thanks to our aggressive exploration efforts, we made substantial progress in 2023, including upsizing the drill program and leveraging regional resources, leading to a 303% increase in Indicated resource to 4.5Moz at 1.97 g/t Au by the end of the year.

Timeline

Late 2015

Permit introduced to Endeavour’s portfolio

Early 2016

Initial small drilling campaign conducted

May 2017

Awarded Iguela permit

2018-2019

Initial geochemical campaign

2022

Major maiden resource discovery

2023

Increased indicated resources by 303% to 4.5Moz

Our history

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4.5Moz

Current indicated resource of 4.5Moz and inferred resource of 0.2Moz with extremely low discovery cost of US$11/oz

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Strong

project credentials with the Tanda Iguela property located close to existing infrastructure, a paved highway and high voltage grid power

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2024

Preliminary feasibility study set for completion in late 2024

The Tanda Iguela project

Key facts

Ownership

100%

Mining method

Open pittable

Indicated resource

4.5Moz at 1.97 g/t Au as at December 2023

Inferred resource

0.2Moz at 1.91 g/t Au

Location

Portfolio map
Ity mine
Houndé mine
Mana mine
Sabodala-Massawa mine
Lafigué mine
Tanda Iguela project
Kalana project
Houndé exploration
Ity exploration
Mana exploration
Sabodala-Massawa exploration
Lafigué exploration
Siguiri exploration
Regional office
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Côte d'Ivoire
Ity mine
The Ity mine is one of Endeavour’s cornerstone assets, where the goal is to sustain production above 250koz/year over a +10-year life of mine at an industry-leading AISC.
Ity mine
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Burkina Faso
Houndé mine
The Houndé mine is one of Endeavour’s cornerstone assets, where the goal is to sustain production above 250koz/year over a +10-year life of mine at an industry leading AISC.
Houndé mine
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Burkina Faso
Mana mine
The focus at Mana is to increase the mine life to more than 10 years, through the expansion of the underground deposits and evaluating local open pit targets.
Mana mine
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Senegal
Sabodala-Massawa mine
The Sabodala-Massawa mine is one of Endeavour’s cornerstone assets and recently underwent an expansion which will elevate it to top-tier status with a targeted production of above 400koz/year at an industry leading AISC.
Sabodala-Massawa mine
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Côte d'Ivoire
Lafigué mine
The Lafigué mine poured first gold at the end of Q2 2024 and is Endeavour’s newest cornerstone mine. The goal at Lafigué is to produce over 200koz per year at an industry leading all-in sustaining cost of approximately $900/oz for at least 13 years.
Lafigué mine
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Côte d'Ivoire
Tanda Iguela project
The Tanda-Iguela project is located in the east of Côte d’Ivoire, adjacent to the Ghana border.
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Mali
Kalana project
The Kalana project, acquired in 2017, is located approximately 250 km south of Bamako, the capital city of Mali. A positive pre-feasibility study (“PFS”) was published in February 2021.
Kalana
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Burkina Faso
Houndé exploration
The Houndé Mine looks to meet the target of discovering 3.0 to 4.0 million ounces of Indicated resources over the next five years at a discovery cost of less than $19/oz.
Houndé mine
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Côte d'Ivoire
Ity exploration
Endeavour has established a five year discovery target of 3.5 – 4.5 million ounces of Indicated resources at a discovery cost of less than $17/oz at Ity.
Ity mine
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Burkina Faso
Mana exploration
The primary objective is to increase the mine life to 10 years, and Endeavour sees considerable additional opportunity remaining with the five year discovery target for Mana now set for 1.0 to 1.5 million ounces of Indicated resources at a discovery cost of less than US$30/oz.
Mana mine
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Senegal
Sabodala-Massawa exploration
Endeavour has established a target to discover between 2.3 and 2.7 million ounces of Indicated resources at a discovery cost of less than $26/oz over the next five years.
Sabodala-Massawa mine
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Côte d'Ivoire
Lafigué exploration
Lafigué is a greenfield discovery where over 3Moz of M&I resources have been discovered since Endeavour commenced drilling on the asset in 2018. Given the strong exploration potential, Endeavour is targeting the discovery of 1.2 – 1.8Moz of Indicated resources over the 2021 and 2025 period.
Lafigué mine
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Guinea
Siguiri exploration
The Siguiri exploration licenses are located in northwest Guinea, located next door to AngloGold’s Siguiri Mine.
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Côte d'Ivoire
Regional office
Our regional hub for the company is located in the port city of Abidjan. Route du Lycée Technique, Abidjan, Côte d'Ivoire, 08 BP 872

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