Endeavour Discovers an Area with Multiple High-Grade Trends at Ity Mine - Seite 2

-  Hole FL15-529:  4.04m @ 11.87 g/t

-  Hole FL15-531:  8.09m @ 28.96 g/t

-  Hole FL15-533   15.90m @ 2.19 g/t

-  Hole FL15-534:  7.99m @ 11.83 g/t

-  Hole FL15-535:  5.40m @ 16.43 g/t

-  Hole FL15-536:  6.97m @ 5.09 g/t

-  Hole FL15-547:  2.61m @ 9.30 g/t

-  Hole FL15-567:  2.94m @ 61.23 g/t

-  Hole FL16-570:  2.80m @ 5.85 g/t

-  Hole FL16-588:  4.90m @ 4.72 g/t

As shown in Figures 1 and 2 below, the Le Plaque area covers 4 square km, is of similar size as the multiple-deposit Ity mining complex to the north, and hosts several large high gold-in-soil anomalies. Several high-grade mineralized trends stretching over 400 meters were identified, with the largest being a 2km long geochemical anomaly with best values >1,000ppb. The trends are all open along strike and at depth.

In addition to exploring the Le Plaque area, exploration is also on-going on several other targets (as per the blue circles in Figure 1) located within 5km from the current Ity mining complex, which represents a small portion of the 80km corridor controlled by Endeavour.

Figure 1: Ity Mine Area and Surrounding Exploration Targets

Figure 2: Le Plaque Area

As shown in the Figure 3 below, the main mineralization starts from surface with secondary shear structures occurring below the surface. 

Figure 3: Le Plaque Cross-Section

The gold mineralization at La Plaque is intersected by drilling and is associated with arsenopyrite and to a lesser extent with pyrite. Gangue mineral phases include galena and sphalerite. The mineralization has a strong structural control, and may have developed where secondary shear structures have exploited the contact between contrasting lithologic units (See Figure 3). Due to sparse outcrops and high vegetative cover, data from airborne and ground geophysical surveys contributed strongly to structural interpretations. The prospect area has recently been covered by a detailed ground IP survey conducted by Sagax Afrique SA (Burkina Faso) and is currently part of a high-resolution helicopter borne combination Magnetic/Radiometric/VTEM survey being flown by Geotech Ltd (Canada) over the Grand Ity project permit areas.