Endeavour Mining moves to next stage at Assafou after 'excellent' initial study
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Endeavour Mining has announced positive results from a preliminary study at its Assafou project in the Ivory Coast, indicating potential for significant gold production. The study suggests annual production of 329,000 oz at a cost of $892 per ounce over the first decade, with a total mine life of 15 years.
December 11, 2024 | 8:00 am
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Endeavour Mining's Assafou project in the Ivory Coast shows potential for significant gold production, with a pre-feasibility study indicating 329,000 oz/year at $892/oz over the first 10 years.
The positive pre-feasibility study results for the Assafou project suggest a strong potential for increased production and profitability for Endeavour Mining. This could lead to a positive impact on the stock price as investors anticipate future revenue growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100