Endeavour Mining Investor Presentation Deck
WAHGNION MINE
Burkina Faso
Overview
MINING
Quick Facts
Timeline
ENDEAVOUR
140-150koz
2022 Target
2017
Production
Ownership
90% EDV
10% Burkina Faso
The newly developed Wahgnion mine
offers cash flow generation and presents
significant exploration upside. The mine was
built ahead of schedule and under budget,
achieving commercial production in November
2019. There are more than one dozen drill-
ready targets on the regional land package,
within trucking distance of the plant.
2018
AK
COO video presentation
$1,050-1,150/oz
PFS published following
completion of reserves and
resources confirmation
program
2022 Target
Mining Type
Open pit /
Owner Mining
AISC
2018
Early construction work
started in Q1-2018
O
Website
Since commercial production was achieved,
Wahgnion's processing plant has performed ~25%
above nameplate capacity for throughput and gold
recovery.
Processing Rate
Ö
The mine plan for Wahgnion focuses on open-pit
mining of four initial gold deposits within the mine
lease. A multi-year drill program is underway at
these four deposits with a goal of extending the
mine life.
3.0-3.2Mtpa
CIL plant
2019
Latest technical report
1.1 Moz
As at
December 31, 2020
P&P Reserves
Royalty
3%-5%
sliding scale (Govt)
1% (Elemental Royalties)
Construction completed and
commercial production declared
effective 1 November, 2019
Updated feasibility study published increasing
mineral resources estimate by 33% and
minerals reserves by ~40%
2020
3D mine site tour
1.9 Moz
As at
December 31, 2020
M&I Resources
AL
BURKINA FASO
Mana Mine
Houndé Mine
Wahgnion
Mine
2022
Ouagadougou
Boungou Mine
Corporate Tax
17.5%
Mining
commencing at
Samovogo deposit
Updated LOM plan published
highlighting ~25% increase in
average annual production
80View entire presentation