Endeavour Mining to Host Webcast for its Ity CIL Project Optimization Study
(Thomson Reuters ONE) -
ENDEAVOUR TO HOST WEBCAST FOR ITS ITY CIL PROJECT OPTIMIZATION STUDY
View News Release in PDF Format
George Town, September 14, 2017 - Endeavour Mining (TSX:EDV)(OTCQX:EDVMF)
intends to publish the Optimization Study for its Ity CIL Project before TSX
market open on September 20(th), 2017, and host a conference call and live
webcast on the same day at 9:30am Toronto time (EST).
The Optimization Study is expected to capture the value recently created through
exploration, which has added 1.5 million ounces of Indicated Resources since the
publication of the November 2016 Feasibility Study, representing a 65%
increase.[1]
The conference call and live webcast are scheduled on Wednesday September
20(th) at:
9:30am Toronto time
6:30am in Vancouver
9:30am in Toronto and New York
2:30pm in London
9:30pm in Hong Kong and Perth
The live webcast can be accessed through the following link:
https://edge.media-server.com/m6/p/44r6ckra
Analysts and interested investors are also invited to participate and ask
questions using the dial-in numbers below:
International: +1646 254 3360
North American toll-free: 1877 280 2342
UK toll-free: 0800 279 4992
Confirmation code: 5815693
The conference call and webcast will be available for playback on Endeavour's
website.
Click here to add Webcast reminder to Outlook Calendar
CONTACT INFORMATION
Martino De Ciccio DFH Public Affairs in Toronto
VP - Strategy & Investor Relations John Vincic, Senior Advisor
+ 44 203 011 2719 (416) 206-0118 x.224
mdeciccio(at)endeavourmining.com jvincic(at)dfhpublicaffairs.com
Brunswick Group LLP in London
Carole Cable, Partner
+44 7974 982 458
ccable(at)brunswickgroup.com
ABOUT ENDEAVOUR MINING CORPORATION
Endeavour Mining is a TSX-listed intermediate gold producer, focused on
developing a portfolio of high quality mines in the prolific West-African
region, where it has established a solid operational and construction track
record.
Endeavour is ideally positioned as the major pure West-African multi-operation
gold mining company, operating 5 mines across Côte d'Ivoire (Agbaou and Ity),
Burkina Faso (Karma), Mali (Tabakoto), and Ghana (Nzema). In 2017, it expects to
produce between 500koz and 530koz at an AISC of US$855 to US$900/oz, following
the full-year deconsolidation of the discontinued Nzema mine. Endeavour is
currently building its Houndé project in Burkina Faso, which is expected to
commence production in Q4-2017 and to become its flagship low-cost mine with an
average annual production of 190koz at an AISC of US$709/oz over an initial 10-
year mine life, based on reserves. The development of the Houndé and Ity CIL
projects are expected to lift Endeavour's group production to +900kozpa and
decrease its average AISC to circa $800/oz by 2019, while exploration aims to
extend all mine lives to +10 years.
Corporate Office: 5 Young St, Kensington, London W8 5EH, UK
This news release contains "forward-looking statements" including but not
limited to, statements with respect to Endeavour's plans and operating
performance, the estimation of mineral reserves and resources, the timing and
amount of estimated future production, costs of future production, future
capital expenditures, and the success of exploration activities. Generally,
these forward-looking statements can be identified by the use of forward-looking
terminology such as "expects", "expected", "budgeted", "forecasts", and
"anticipates". Forward-looking statements, while based on management's best
estimates and assumptions, are subject to risks and uncertainties that may cause
actual results to be materially different from those expressed or implied by
such forward-looking statements, including but not limited to: risks related to
the successful integration of acquisitions; risks related to international
operations; risks related to general economic conditions and credit
availability, actual results of current exploration activities, unanticipated
reclamation expenses; changes in project parameters as plans continue to be
refined; fluctuations in prices of metals including gold; fluctuations in
foreign currency exchange rates, increases in market prices of mining
consumables, possible variations in ore reserves, grade or recovery rates;
failure of plant, equipment or processes to operate as anticipated; accidents,
labour disputes, title disputes, claims and limitations on insurance coverage
and other risks of the mining industry; delays in the completion of development
or construction activities, changes in national and local government regulation
of mining operations, tax rules and regulations, and political and economic
developments in countries in which Endeavour operates. Although Endeavour has
attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking statements, there may
be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Please refer to Endeavour's most recent
Annual Information Form filed under its profile at www.sedar.com for further
information respecting the risks affecting Endeavour and its business. AISC,
all-in sustaining costs at the mine level, cash costs, operating EBITDA, all-in
sustaining margin, free cash flow, net free cash flow, free cash flow per share,
net debt, and adjusted earnings are non-GAAP financial performance measures with
no standard meaning under IFRS, further discussed in the section Non-GAAP
Measures in the most recently filed Management Discussion and Analysis.
--------------------------------------------------------------------------------
[1] Reference press release dated July 27, 2017, available on Endeavour's
website.
View News Release in PDF Format:
http://hugin.info/171882/R/2134082/816459.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Endeavour Mining Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 14.09.2017 - 14:44 Uhr
Sprache: Deutsch
News-ID 559965
Anzahl Zeichen: 7669
contact information:
Town:
George Town, Grand Cayman
Kategorie:
Business News
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"Endeavour Mining to Host Webcast for its Ity CIL Project Optimization Study"
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