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ANNUAL INFORMATION FORM ENDEAVOUR MINING CORPORATION

ANNUAL INFORMATION FORM ENDEAVOUR MINING CORPORATION

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Total Tabakoto Reserves Dec. 31, 2012<br />

Underground Proven 567,000 4.21 76,800<br />

Probable 3,469,000 4.67 521,000<br />

Total Underground 4,036,000 4.61 597,800 UG<br />

Open Pit Proven 0 0.00 0<br />

Probable 1,050,000 2.91 98,200<br />

Total Open Pit 1,050,000 2.91 98,200 OP<br />

Total Tabakoto In-situ Reserves 5,086,000 4.26 696,000<br />

STOCKPILES<br />

ROMPAD Proven 143,000 3.37 15,500 SP<br />

Total Stockpiles Subtotal 143,000 3.37 15,500 SP<br />

GRAND TOTAL Proven 710,000 4.04 92,300<br />

Probable 4,519,000 4.26 619,200<br />

Total 5,229,000 4.23 711,500<br />

Notes:<br />

1. The Mineral Reserves have been classified in accordance with the requirements of NI 43-101 based on a gold price of US$1,350 per ounce<br />

and a 93% process plant recovery rate.<br />

2. Internal Underground Reserves estimate, Tabakoto and Segala Underground Reserves as of December 31 st , 2012 prepared by Exupery<br />

Lyimo, under supervision of Richard Allan P.Eng., qualified person, not independent from Endeavour.<br />

3. Internal Open Pit and Stockpiles Reserve estimate, Djambaye and Darsalam Open Pit reserves December 31 st , 2012, prepared by Patrick<br />

Mkonyi, under supervision of Richard Allan P.Eng., qualified person, not independent of Endeavour.<br />

4. The Mineral Reserves were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral<br />

Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM<br />

Council.<br />

5. “UG” indicates Underground, “OP” indicates Open Pit and “SP” indicates Stockpile.<br />

Mining Operations<br />

The Tabakoto Gold Mine transitioned from an open pit mining operation to a mix of underground and<br />

open pit sources in 2012. The method of mining is dependent on location. There are three deposits<br />

currently being mined:<br />

The Ségala Deposit which consists of the Ségala Main and the Ségala NW zones. Both of these<br />

zones have been mined by open pit methods during 2009 through 2012. The Segala Main is<br />

currently being developed as an underground mine, with the first ore to be produced late in<br />

2013. The Segala NW reserve was depleted in early 2012 however there are investigations<br />

ongoing to upgrade remaining and additional resources.<br />

The Tabakoto Deposit was previously mined using open pit mining methods. Since 2011,<br />

underground mining methods have been used to exploit the NE and NW trending zones, as well<br />

as the South/Dabo mineralized zone<br />

The Dioulafoundou Deposit was mined until November 2012 and the Djambaye II Deposit<br />

continues as the sole open pit mining operation.<br />

Stockpiles created during past open pit mining will be reclaimed and fed to the Tabakoto process plant<br />

at the end of mine life.<br />

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