Endeavour Mining Investor Presentation Deck slide image

Endeavour Mining Investor Presentation Deck

★ EXPANSION PROJECT INSIGHTS > DFS recommends supplementing the current 4.2Mtpa CIL plant with a 1.2Mtpa BIOX® plant to process the high-grade refractory ore from the Massawa deposits > SABODALA-MASSAWA EXPANSION Low-capex intensive expansion, adding BIOX® plant, launched in Q2-2022 > > At a $1,700/oz gold price the stand alone BIOX® project has an after-tax NPV5% of $861 million, a 72% IRR, and a short 1.4 year payback period > BIOX® plant generates $200 million of incremental annual free cash flow during its first five years, at a gold price of $1,700/oz and delivers incremental annual production of 194koz over next five years at a low AISC of $531/oz $290m initial capex expansion expected to be self funded by the existing Sabodala-Massawa operation > Construction commenced in Q2-2022 with first gold pour from the BIOX® plant expected in early 2024 BIOX® project expected to create over 100 full-time jobs in country with a corporate target of 95% national employment ENDEAVOUR MINING BIOX® Project expansion schematic plan BIOX Reactors Ch Counter Current Decantation (CCD) Elution & Regeneration Reagent Store EPCM Award Detailed Design & Engineering Order & Procure Long Lead Items TSF 1B Tailings Dam Construction Earthworks Civil Concrete Works Power Plant Construction Process Plant Construction Process Plant Commissioning First Gold Neutralization Expansion Project construction timeline BIOX CIL Flotation Crushing and Stockpile Grinding H1-2022 H2-2022 H1-2023 1803 H2-2023 H1-2024 49
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