ANNUAL INFORMATION FORM ENDEAVOUR MINING CORPORATION

December 11, 2005. A gold price of $1,350/oz has been used for reserve evaluation over the life of
mine.
Development and Operations
The Youga mine commenced operations in 2008 with open pit mining and CIL processing facilities and
during the period to year end 2012 a total of 372Kozs of gold had been recovered from the mining and
processing of 4,379Kt of ore mined from the A2Main, A2West1, A2West3 and A2East pits at an average
operating cost of $675/oz.
The Youga Gold Project involves a conventional open pit, selective mining exploitation method,
employing a mining contractor - PW Mining International Ltd.
The Youga processing plant uses the conventional gravity/CIL gold recovery process, and consists of a 3
stage crushing operation, ball milling, gravity concentration and cyanidation by carbon-in-leach (CIL).
Pressure Zadra elution is utilized for recovery of gold from loaded carbon; it is designed to process 1 M
tonnes per annum of gold ore.
Conclusions
The Youga mine has a dedicated Safety, Occupational Health and Environment department which
operates under the guidance of a set of principles which define the regulatory and corporate
governance commitments of the Youga mine in respect of the manner in which it conducts its business.
Operations to date have confirmed the mineral resources and mineral reserves as previously stated for
the Youga Gold Mine.
The results of this update to the mineral resource and mineral reserve evaluation confirm the continued
economic viability of exploiting the Youga Gold Deposit.
The 2013 life of mine cash flow projections, based on updated operating costs and average spot gold
price of $1,600 per ounce, shows a cumulative net cash flow (before income tax and other debt services)
of $215M from the mineral reserve. Gold production is estimated at 354Kozs at an operating cost of
$993/oz.
Recommendations
Exploration activities on the Youga Exploitation Permit during 2013 will focus on delineating additional
mineral resources and open pit reserves around the currently operational pits and virgin deposits and to
explore the economic potential of underground operations. The main objective is to establish additional
mineral reserves for the Youga Gold Mine and thereby extend the mine life. The Youga exploration
budget for the mine permit area is expected to be $100,000 for 2013.
This is an annual exploration program and as an operating mine there will be a further phase of
exploration in following years based on results from the 2013 program.
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