ANNUAL INFORMATION FORM ENDEAVOUR MINING CORPORATION
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