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Drilling at Fetekro greenfield property yields “encouraging” results

Published by , Assistant Editor
Global Mining Review,

Intermediate gold producer Endeavour Mining (Endeavour) has announced positive drill results for the Fetekro greenfield exploration property, located in north-central Côte d'Ivoire, approximately 500 km from Abidjan.

Following an assessment of its exploration tenements which ranked the Fetekro property as a top priority target, Endeavour began exploration on it in March 2017. Since then, a total of 312 Reverse Circulation (RC) and Diamond Drilling (DD) holes have been drilled, amounting to nearly 32 000 m. Drilling mainly focused on the highly prospective Lafigué target where a large mineralised vein system was defined over an area 2.5 km long by 0.6 km wide, remaining open at depth and towards the east. All available data is being interpreted and a maiden resource estimate is expected to be published in 4Q18 and a follow-up drilling programme is scheduled to start in 4Q18.

A gold-in-soil geochemical campaign has also recently been completed. Its preliminary assessment indicates the occurrence of additional targets located in proximity to Lafigué, where a drill programme has been scheduled for 2019.

Executive Vice-President of Exploration and Growth at Endeavour, Patrick Bouisset, stated: "We are pleased to continue to deliver against our two key objectives from our five-year exploration strategy outlined in 2016. Following the significant near-mine exploration success already achieved, in line with our first objective of extending mine lives, we are now excited to report the results from Fetekro, which is our most advanced greenfield exploration property.

The Lafigué target, located within the Fetekro property, has been the primary focus of our recent greenfield exploration programme. The discovery of extensive mineralisation over such a large area, coupled with the identification of nearby prospects, is very encouraging. We are eager to publish a maiden resource later this year, which may bring us one step closer to achieving our second key objective within our five-year exploration programme - that of discovering of a standalone greenfield project in West Africa."

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