Endeavour Discovers an Area with Multiple High-Grade Trends at Ity Mine - Seite 3

GEOLOGICAL SETTING
As shown in Figure 4, the Ity district is located within the preserved Toulepleu-Ity klippe, a northeast trending belt of Lower Proterozoic aged B1 Birimian terrane thrusted and floating on an older portion of migmatitic gneissic Archean basement of the West African Craton. The core of the klippe is the granitic/gneissic Guiamapleu intrusive suite. The B1 units are affected by a strong polyphase tectonic regime and sealed by the younger B2 Toulepleu conglomerate that lies unconformably on the rocks of the B1 unit. All formations have been subjected to greenschist to lower amphibolite facies regional metamorphism. The B1 Birimian formations within the Ity area are characterized by a series of volcano-sediments interlayered with carbonate bands. These sedimentary sequences are largely crosscut by granodiorite and diorite intrusions of variable thickness.

Figure 4: Endeavour Controlled 80km Ity Mine Corridor

The Le Plaque Prospect is mostly underlain by felsic and mafic units of the central granitic/gneissic Guiamapleu intrusive suite, with subordinate carbonate, skarn and volcanosedimentary units. Regional scale structures transect the area in northeast, north and northwest orientations, and some of these are interpreted as being associated with mineralization.

NEXT STEPS

-  A RC and DD campaign is expected to start in Q3-2017 on Le Plaque to delineate the extent of mineralized potential.

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

-  Exploration is on-going on other exploration targets in vicinity to the Ity mining complex.

-  On the greater Ity Area, an interpretation of high resolution helicopter borne geophysical survey (Mag/Spectro/VTEM) will also be reviewed and placed into target ranking and testing.

QUALIFIED PERSONS

The scientific and technical content of this news release has been reviewed, verified and compiled by Gérard de Hert, EurGeol, Senior VP West Africa Exploration for Endeavour Mining. Gérard de Hert has more than 19 years of mineral exploration and mining experience, and is a "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). 

ASSAYS AND QUALITY ASSURANCE/QUALITY CONTROL