Endeavour Mining reports positive exploration results at Youga including 10m at 5.9 g/t

Toronto Stock Exchange: EDV   

GEORGE TOWN, Grand Cayman, Sept. 19, 2011 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV) is pleased to report positive results from the ongoing exploration at its Youga Gold Mine property located in Burkina Faso, West Africa.

Neil Woodyer, CEO commented "We are pleased with the exploration successes achieved at Youga.  The new discoveries are close to the current pits and represent possible mine life additions.  We look forward to more drill results in the coming months."

Zergoré

The Zergoré deposit is located 2.5 kilometres east of the Youga plant.  Zergoré has a recently reported Inferred Mineral Resource of 2.304 million tonnes with an average grade of 1.29 g/t Au at a 0.5 g/t Au cutoff grade (News Release dated February 17, 2011).

Recent results from in-fill reverse-circulation ("RC") drilling have consistently demonstrated continuity of grades and widths and continue to improve the confidence, quality and interpretation of the mineralised zones within the deposit.  A number of significant intersections were reported including; YZRC-110 with 30m at 2.4 g/t including 1m at 10.3 g/t and YZRC-169 with 10m at 5.9 g/t including 3m at 11.4 g/t (see Table 1).

Table 1 Zergoré 2011 RC Drilling Highlights

Hole ID From
(m)
To
(m)
Length
(m)
True Width
(m)
Au Grade
(g/t)
YZRC-086 42 50 8 6 2.0
including 49 50 1 1 5.5
YZRC-087 24 28 4 3 2.7
including 24 25 1 1 5.0
YZRC-089 14 21 7 6 2.5
including 20 21 1 1 10.3
YZRC-092 11 24 13 10 1.5
including 11 12 1 1 4.9
and 48 57 9 7 2.2
including 55 56 1 1 7.3
YZRC-093 0 4 4 3 7.4
including 2 4 2 2 12.6
and 7 19 12 10 2.8
including 13 15 2 2 11.9
YZRC-094 33 43 10 8 1.6
including 41 43 2 2 5.6
YZRC-097 77 78 1 1 13.5
YZRC-098 32 40 8 6 2.9
including 34 37 3 2 4.7
YZRC-099 52 68 16 13 1.8
including 60 62 2 2 4.7
YZRC-100 45 51 6 5 2.3
including 48 49 1 1 4.9
and 54 63 9 7 2.1
including 56 58 2 2 6.8
YZRC-101 49 64 15 12 2.4
including 55 57 2 2 6.1
YZRC-102 63 69 6 5 2.4
including 66 67 1 1 6.1
YZRC-104 9 15 6 5 1.8
including 14 15 1 1 4.3
YZRC-105 21 46 25 20 1.2
including 37 40 3 2 2.9
YZRC-109 20 30 10 8 1.9
including 27 28 1 1 6.8
and 60 65 5 4 4.1
including 63 65 2 2 8.1
YZRC-110 55 93 38 30 2.4
including 76 77 1 1 10.3
YZRC-114 113 122 9 7 1.7
including 113 114 1 1 3.6
YZRC-115 34 38 4 3 3.2
including 36 37 1 1 7.3
YZRC-117 15 25 10 8 2.0
including 23 24 1 1 6.0
YZRC-120 0 31 31 25 1.4
including 28 30 2 2 7.1
YZRC-121 0 16 16 13 2.3
including 9 10 1 1 10.9
YZRC-130 21 33 12 10 2.1
including 23 26 3 2 5.7
YZRC-133 33 38 5 4 2.4
including 33 35 2 2 4.5
YZRC-137 58 75 17 14 3.6
including 61 64 3 2 12.0
YZRC-138 43 50 7 6 10.7
including 43 46 3 2 21.6
and 55 60 5 4 5.4
including 56 59 3 2 7.5
YZRC-139 11 24 13 10 2.1
including 12 13 1 1 6.1
and 72 78 6 5 1.7
including 74 75 1 1 5.0
YZRC-140 39 42 3 2 4.9
YZRC-142 11 24 13 10 2.2
including 22 23 1 1 8.3
YZRC-143 31 44 13 10 2.7
including 39 42 3 2 8.0
YZRC-160 27 31 4 3 2.4
including 30 31 1 1 3.9
YZRC-165 21 33 12 10 1.9
including 28 29 1 1 6.7
and 45 60 15 12 1.9
including 53 55 2 2 7.8
YZRC-166 27 32 5 4 4.5
including 28 31 3 2 6.9
YZRC-169 83 95 12 10 5.9
including 83 87 4 3 11.4

The current drill program has been concluded with final assays expected in the coming weeks and updated resource estimate to follow.

Main / East Pit Exploration

Following up the previously reported positive results from the Triple 'A' Zone (News Releases dated February 17, 2011 and August 3, 2011) on the east wall of the Main Pit at Youga, and the mineralization on the north wall of the East Pit (News Releases dated May 30, 2011 and August 3, 2011), additional RC drilling has reported a number of significant intersections including; RC-11-340 with 7m at 2.4 g/t including 1m at 7.8 g/t, and RC-11-329 with 32m at 4.2 g/t, including 2m at 46.6 g/t (see Table 2).

Table 2 A2 Main / East 2011 RC Drilling Highlights

Zone Hole ID From
(m)
To
(m)
Length
(m)
Au Grade
(g/t)
Triple A RC-11-330 79 82 3 1.0
RC-11-331 73 78 5 2.8
Including 73 75 2 3.8
And 82 83 1 7.0
RC-11-332 62 67 5 1.8
including 63 65 2 3.1
A2RCDD-11-338 119 129 10 1.4
including 126 128 2 3.3
RC-11-339 46 51 5 2.6
including 46 47 1 6.7
and 55 66 11 1.2
including 64 65 1 3.4
RC-11-340 112 119 7 2.4
including 113 114 1 7.8
RC-11-341 22 23 1 24.4
and 35 41 6 2.0
including 38 40 2 4.2
East Pit
Hanging
Wall
RC-11-329 56 72 16 2.0
including 69 71 2 7.8
and 109 141 32 4.2
including 112 114 2 46.6
RC-11-325 69 72 3 9.5
including 70 71 1 20.5
and 75 79 4 1.3
and 84 101 17 1.0
RC-11-326 78 82 4 1.7
and 84 102 18 1.2
including 87 88 1 3.2

*All intervals are reported as down-hole lengths and are not corrected to true widths for the mineralized intervals. Additional work is required to determine true widths.

Due to the close proximity of these new discoveries to the current pits and the possible significant potential impact on operations, the resource estimation of these zones has moved up in priority and the data is currently being prepared for delivery to the resource estimation team.

Exploration Campaign at Youga Mine and Youga Gold Belt in 2011

Endeavour's Youga Gold Mine, which has been in production since 2008, produced 82,400 ounces of gold in 2010 and is targeting production of 84,000 ounces of gold in 2011. Endeavour's on-going exploration focus is the addition of mineral reserves at Youga. Building on the success of the 2010 Youga exploration campaign, which identified several new resource targets within 3 kilometres of the Youga Plant, Endeavour initially committed US$10 million to the exploration program in 2011.  Based on recent positive results and additional targets, Endeavour has committed an additional US$2.6 million bringing the commitment to a total of 73,000 m of RC and core drilling as part of exploration and resource/reserve development.

Qualified Person

K. Kirk Woodman, P. Geo, Head of Exploration is the Qualified Person overseeing Endeavour's exploration projects in West Africa and has reviewed and approved this press release.

All sample preparations and standard 50-gram gold fire assays were performed by SGS Laboratories, Ouagadougou, Burkina Faso. Endeavour consistently employs a rigorous quality control and assurance program comprising regular insertion of certified reference standards, blanks and duplicates.

About Endeavour Mining Corporation

Endeavour is a gold producer.  Endeavour also holds an extensive exploration land position and various advanced-stage development gold projects in West Africa.  Endeavour has a global strategy, supported by financial resources and management's company building expertise, to grow into an intermediate gold producer through strategic acquisitions.

On August 21, 2011, Endeavour and Adamus Resources Limited (ASX:ADU) announced they have entered into a definitive Merger Implementation Agreement to combine through an all-stock merger of equals transaction creating a new growth focused West African gold producer.  The merger is scheduled to close during December 2011.

The common shares of Endeavour Mining Corporation are traded on the Toronto Stock Exchange under the symbol "EDV".

On behalf of Endeavour Mining Corporation

"Neil Woodyer"

Neil Woodyer
Chief Executive Officer

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking information relating to the future performance of Endeavour Mining Corporation. Forward-looking information, specifically, that concerning future performance, is subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Corporation's filings with the appropriate securities commissions.

 

SOURCE Endeavour Mining Corporation

For further information:

Stephen Roberts, Senior Vice President - Investor Relations (604) 609-6130, sroberts@endeavourmining.com

or

Vanguard Shareholder Solutions 1-866-341-4111 or (604) 608-0824, investor@endeavourmining.com

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