Endeavour Discovers an Area with Multiple High-Grade Trends at Ity Mine

  

ENDEAVOUR DISCOVERS AN AREA WITH MULTIPLE HIGH-GRADE TRENDS AT ITY MINE

View News Release in PDF Format

Several targets identified at the Le Plaque area · Maiden resource expected by Q4-2017

LE Plaque Discovery Highlights:     

-  The 100%-owned Le Plaque area, covering 4km², is located 5km south of the Ity mining complex and has a similar footprint

-  Several high-grade mineralized trends were identified at the Le Plaque area, with the largest being a 2km long anomaly

-  Mineralization at the Le Plaque trends occurs from surface for the main lense and all trends are open along strike and at depth

-  A maiden inferred resource estimate, for some of the targets identified in the Le Plaque area, is expected in Q4-2017

-  In addition to Le Plaque, exploration activities are on-going at several other targets in proximity to the current Ity mining complex

Abidjan, May 29, 2017 - Endeavour Mining (TSX:EDV)(OTCQX:EDVMF) is pleased to announce the discovery of several high-grade mineralized trends at its Ity gold mine in Côte d'Ivoire, at the 100% owned Le Plaque area, situated 5 kilometers south of the Ity mining complex.

Patrick Bouisset, Executive Vice-President Exploration and Growth at Endeavour, said: "The Le Plaque discovery continues to demonstrate the highly prospective nature of the Ity area. The complexity of the geology requires more drilling and interpretation, but we are very encouraged by the multiple trends discovered which exhibit the potential to host significant resources. Our follow up drilling will focus on the multiple identified targets in the La Plaque area and we look forward to publishing a maiden inferred resource by year-end."

"We are equally excited about both the ongoing exploration on the other targets located in proximity to the Ity mining complex and on conducting interpretative work to generate new greenfield targets in the wider 80km Ity corridor that was secured last year," added Mr. Bouisset.

To date the Le Plaque area has been covered by 3,450 meters of Auger drilling totaling 228 holes, by 1,756 meters of Reverse Circulation ("RC") drilling totaling 22 holes, and by 6,559 meters of Diamond Drilling ("DD") totaling 53 holes.

Some of the selected best DD and RC drill intercepts to date from mineralized zones include (estimated true widths):

-  Hole FL15-004:  3.08m @ 36.94 g/t

-  Hole FL15-007:  13.09m @ 22.36 g/t

-  Hole FL15-523:  4.41m @ 5.70 g/t

-  Hole FL15-524:  5.02m @ 7.90 g/t

-  Hole FL15-527:  10.05m @ 3.16 g/t