Endeavour Mining Investor Presentation Deck
Burkina Faso
NABANGA PROJECT
Website
3D mine
site tour
INSIGHTS
> Located 250 kilometres southeast of
Ouagadougou, the Nabanga Gold
Project lies within the Nabanga
exploration permit.
MINING
> Results of Preliminary Economic
Assessment (PEA) released on
September 30, 2019.
Pre-tax NPV of $147m and after-tax
NPV of $100m, using a 5% discount rate
- LoM gold production of 571koz at AISC
of $760/oz and a recovery of 92%
during the eight years of operations
Pre-production capital expenditure of
$84m, including 20% contingency, and
$56m in LoM sustaining capital
> Project economics (base case of
$1,300/oz gold price):
After-tax 5% NPV: $100m
After-tax IRR: 22.6%
Payback period: 4.4 years
Preferred mining method - open-
pit/underground mining on the upper
and at-depth portions of the ore zone,
respectively
Opportunities exist to improve returns
through an increase in resources and
additional cost saving measures
ENDEAVOUR
Nabanga deposit plan map and schematic cross-section
Cross Section 57
1240 000 m
ted
Apa
[email protected]/t
[email protected]/t
(incl. 4m @ 3.51gt)
[email protected]/t
[email protected]/t
(incl. 2m @ 14.37git)
7m@ 17.29g/t
(incl. 3m @ 35.88g/t)
[email protected]/t
(incl. 1.77m @26.33g/t)
Southern
Extension
CURRENT RESOURCES
as at Dec 31, 2020
25m
A
Nabanga
North Lode
Inferred Resource
3Mt at 7.69g/t Au containing 0.84Moz
88
Central
Zone
Sect. 57
500m
North
Zone
Nabanga Gold Deposit (2.3km strike)
Drill Hole Collars
(metre grams)
> 10
5 to 10
<5
A Assays Awaited
Vein Trends (indicative)
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