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ANNUAL INFORMATION FORM ENDEAVOUR MINING CORPORATION

ANNUAL INFORMATION FORM ENDEAVOUR MINING CORPORATION

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310,778 ounces of gold in 2012. In addition, Endeavour has an 85% interest in the Agbaou Gold Project<br />

in Côte d’Ivoire (“Agbaou”), where mine construction is currently underway. Endeavour also has the<br />

Houndé feasibility stage gold project in Burkina Faso (“Houndé”) and the Kofi exploration stage project<br />

in Mali (“Kofi”), as well as an extensive exploration portfolio in highly prospective regions of Burkina<br />

Faso, Côte d’Ivoire, Ghana, Liberia and Mali with a land package totaling over 10,000 square kilometres.<br />

This exploration portfolio provides an organic pipeline for potential future development projects.<br />

Endeavour also intends to continue with strategic acquisitions, primarily within West Africa.<br />

As at December 31, 2012, Endeavour had combined attributable gold proven and probable mineral<br />

reserves of approximately 2,492 ounces and attributable measured and indicated mineral resources<br />

(inclusive of reserves) of approximately 6,433 ounces. A full description of the assets and operations of<br />

Endeavour is in Tables 1 and 2 below.<br />

Mine /<br />

Project<br />

Nzema 1 -<br />

Total<br />

Attributable<br />

- 90%<br />

Youga 2,3 -<br />

Total<br />

Attributable<br />

- 90%<br />

Agbaou 5 -<br />

Total<br />

Attributable<br />

- 85%<br />

Finkolo 6 -<br />

Total<br />

Attributable<br />

- 40%<br />

Tabakoto<br />

U/G 7 - Total<br />

Attributable<br />

- 80%<br />

Tabakoto<br />

O/P 8 - Total<br />

Attributable<br />

- 80%<br />

Tabakoto<br />

Stockpile 8a -<br />

Total<br />

Attributable<br />

- 80%<br />

Total<br />

Attributable<br />

Table 1 - Mineral Reserves as of 31 December 2012<br />

10<br />

Reserves<br />

Proven Probable Proven & Probable Gold<br />

Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Price<br />

kt g/t k Ozs kt g/t k Ozs kt g/t k Ozs US$/oz<br />

10,273 1.8 604 2,756 2.2 193 13,029 1.9 797 US$ 1350<br />

544<br />

3,984 1.9 242 2,380 1.8 139 6,364 1.9 380 US$ 1350<br />

218<br />

5,407 2.3 390 5,668 2.8 515 11,075 2.5 905 US$1200<br />

332<br />

1,037 3.3 109 1,381 2.9 127 2,418 3.0 237 US$900<br />

44<br />

567 4.2 77 3,469 4.7 521 4,036 4.6 598 US$ 1350<br />

61<br />

143 3.4 16<br />

12<br />

1,438<br />

1,211<br />

174<br />

125<br />

438<br />

51<br />

417<br />

1,050 2.9 98 1,050 2.9 98 US$ 1350<br />

79<br />

1,593<br />

1,284<br />

717<br />

342<br />

769<br />

95<br />

478<br />

79<br />

143 3.4 16 US$ 1350<br />

12<br />

3,031<br />

2,492

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