Endeavour Mining Investor Presentation Deck
Q1-2022 vs Q4-2021 INSIGHTS
> Production increased from 60koz in Q4-2021 to 72koz in
Q1-2022 due to higher grades milled, tonnes milled, and
improved recoveries. Mining at the current phase of
Daapleu was completed during the quarter. Throughput
remained high due to continued use of the surge bin to
process the higher grade Le Plaque ore.
>
AISC decreased from $854 per ounce in Q4-2021 to $738
per ounce in Q1-2022 primarily due to the lower
sustaining capital in Q1-2022, lower unit processing costs,
and a lower strip ratio.
OUTLOOK
Ity is on track to produce between 255-270koz in FY-
2022 at an AISC of between $850-900/oz.
>
ITY MINE
Strong throughput continues into Q1-2022
Mill ore feed is expected to continue to be sourced from
the Le Plaque, Ity, Bakatouo, Walter and Colline Sud
deposits. Recovery rates are expected to improve in
upcoming quarters while average grade is expected to be
slightly lower. Throughput is expected to be lower due to
the change in the ore blend.
Non-sustaining capital of approximately $60.0 million is
expected in FY-2022, of which $5.1 million has been
incurred in Q1-2022, which represents an increase from
the initial full year guidance of $29.0 million due to the
addition of the recyanidation initiative
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Production and AISC
Production, koz
71koz
$786/oz
H
Q1-2021
61koz
$915/oz
8000
$806/oz
Q2-2021
Q3-2021
Website
AISC, US$/oz
79koz
Key Performance Indicators
For The Period Ended
Tonnes ore mined, kt
Total tonnes mined, kt
Strip ratio (incl. waste cap)
Tonnes milled, kt
Grade, g/t
Recovery rate, %
PRODUCTION, KOZ
Total cash cost/oz
AISC/OZ
Q1-2022
2,534
6,951
1.74
1,669
1.70
Latest technical report
80
72
707
728
60koz
$854/oz
Q4-2021
Q4-2021
2,234
6,624
1.97
1,624
1.50
77
60
749
854
3D mine site tour
72koz
$728/oz
Q1-2022
Q1-2021
2,105
6,816
2.24
1,550
1.76
79
71
715
786
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