TSX listed Endeavour Mining has announced a maiden resource estimate, and has identified 14 additional targets, at its Lafigué project in Côte d’Ivoire.
Lafigué is about 500km from the Ivorian capital Abidjan, within the northern-end of the Oumé-Fetekro greenstone belt. Endeavour started exploration on the Fetekro property in March 2017, following a strategic assessment of its exploration tenements which ranked the property as a top priority target.
Since then, the company has drilled close to 32 000m, with the main focus on the highly prospective Lafigué target. The maiden Lafigué resource estimate encompasses about two-thirds of the total mineralised area defined to date which extends over an area 2.5km long by 0.6km wide. The mineralisation remains open at depth and towards the southeast.
According to a recent statement by Endeavour, a 45 000m drill programme has commenced and will continue into 2019, with a focus on the Lafigué target and testing new targets. An updated resource estimate will be published in late 2019.
“This maiden resource brings us one step closer to attaining our strategic objective of identifying a new project as part of our five-year exploration strategy set in late 2016,” says Sébastien de Montessus, president and CEO at Endeavour.
While we have one of the largest exploration tenements in West Africa, our key strength has been the team’s ability to prioritise and rank top prospective targets to focus our efforts on those which have the best potential to one day become strategic long-life, low-cost mines within our portfolio,” he adds.