Endeavour Mining Reports Successful Agbaou Exploration Drilling Including Delineation of High Grade Zones

VANCOUVER, Aug. 13, 2015 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV) (ASX:EVR) (OTCQX:EDVMF) is pleased to report drilling results from several areas at Agbaou Gold Mine located in Côte d'Ivoire.  The drilling program confirmed extensions of mineralization in the West pit area and has delineated the higher grade zones at Beta and Gamma.

Neil Woodyer, CEO, stated

"The majority of this new mineralization at Agbaou is oxides and the next phase of our 2015 program will focus on ensuring that these zones are brought into reserves at the end of this year and also continue testing strike extents.  Intersecting high grade mineralization including 16.47 g/t over 8.3 metres at Beta and 12.15 g/t over 9.4 metres at Gamma confirms the exciting potential we have to continue to extend mine life at Agbaou."

Highlights from the Agbaou drilling program include:

Deposit

Hole ID

Type

From

(m)

To

(m)

Length

(m)

True Width

(m)

Au Grade

(g/t Au)

Beta

AGBDD2063

DDH

36

51

15

13.1

3.95

including


37

41

4

3.6

10.63

AGBDD2067

DDH

163

172

9

8.3

16.47

including


163

165

2

2.1

42.43

AGBRC2072

RC

75

*94

19

16.9

2.40

including


75

78

3

2.7

8.49

AGBRC2145

RC

107

137

30

26.7

3.68

including


112

118

6

5.3

10.9

Gamma

AGBRC1969

RC

68

82

14

11.9

3.18

including


70

71

1

0.9

12.14

AGBRC2005

RC

55

66

11

9.4

12.15

including


55

60

5

4.3

20.03

AGBRC2108

RC

0

16

16

13.6

2.74

including


7

8

1

0.9

15.50

Sigma

AGBRC1939

RC

27

39

12

10.2

3.52

including


33

34

1

0.9

15.71

Omega

AGBRC2033

RC

86

104

18

14.9

2.58

including


87

88

1

0.8

30.31

AGBRC2046

RC

56

72

16

13.3

2.83

including


67

69

2

1.7

8.29

*end of hole

Of the 220 holes totaling 22,004 metres completed in this program, 78% intersected mineralization.  The results demonstrate continuity of grades and widths and have confirmed the interpretation of the Omega and Sigma mineralized zones as extensions of the mineralization along the same structures that host the West pit mineralization (Figure 1).  Oxidation extends to between 40 and 60 metres depth throughout much of the area (Figures 2 and 3).  Drilling results with true widths are provided in the appendix to this news release.

The Beta and Gamma zones were previously identified in our 2014 exploration program.  The Beta zone (previously referred to as the P2 target) extends southwest of the North pit and drilling highlights include 8.3 metres at 16.47 g/t gold (including 2.1 metres at 42.43 g/t gold), 13.1 metres at 3.95 g/t gold (including 3.6 metres at 10.63 g/t gold), 26.7 metres at 3.68 g/t gold (including 5.3 metres at 10.9 g/t gold) and 16.9 metres at 2.40 g/t gold (including 2.7 metres at 8.49 g/t gold).

The Gamma zone (previously referred to as the P4 target) is a result of follow up drilling of widely spaced holes completed in 2014 on a sub-parallel mineralized trend (Figure 1).  The Gamma zone is approximately 600 metres long, moderately to steeply dipping southeast (Figure 2).  Intersections include 9.4 metres at 12.15 g/t gold (including 4.3 metres at 20.03 g/t gold) and 11.9 meters at 3.18 g/t gold (including 0.9 meters at 12.14 g/t gold) (Figure 2).  The mineralization is still open to the southwest and the strike extent will be further tested during the next phase of drilling.

Drilling results in the Sigma zone included 10.2 metres at 3.52 g/t gold (including 0.9 metres at 15.71 g/t gold) and the best intersection at the Omega zone was 13.3 metres at 2.83 g/t gold (including 1.7 metres at 8.29 g/t gold) (Figure 1).

The drill program included 198 RC holes for 19,750 meters and 22 diamond drill holes for 2,254 meters.  This additional data will be incorporated into year-end mineral resource and reserve estimates.

A follow-up drill program has commenced and includes a total of 21,800 meters of RC and diamond drill holes. The program includes infill drilling, further exploration of the Gamma and Sigma zones as well as testing geophysical targets southwest of Sigma and also in the Agbaou South area.  Agbaou South is 3 km southwest of the South Pit and is on a separate north east-trending geophysical anomaly and strong geochemical anomaly.

Qualified Persons

Gérard De Hert, EurGeol, Vice President 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 Bureau Veritas Laboratories, Abidjan, Cote d'Ivoire.  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 Canadian-based intermediate gold mining company producing 500,000 ounces per year from four mines in West Africa.  Endeavour is focused on effectively managing its existing assets to maximize cash flow as well as pursuing organic and strategic growth opportunities that benefit from its management and operational expertise.

On behalf of Endeavour Mining Corporation

Neil Woodyer
Chief Executive Officer

This news release contains "forward-looking statements" including but not limited to, statements with respect to Endeavour's plans and operating performance, the estimation of mineral reserves and resources, the timing and amount of estimated future production, costs of future production, future capital expenditures, and the success of exploration activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" and "anticipates". Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to international operations; risks related to general economic conditions and credit availability, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which Endeavour operates. Although Endeavour has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Please refer to Endeavour's most recent Annual Information Form filed under its profile at www.sedar.com for further information respecting the risks affecting Endeavour and its business.

APPENDIX A
Agbaou Drilling Program Highlights

Deposit

Hole ID

UTM_E

UTM_N

Type

From

(m)

To

(m)

Length

(m)

True Width

(m)

Grade

(g/t Au)

Beta

AGBRC2028

253022

673725

RC

29

34

5

4.3

1.97


including




30

31

1

0.9

3.70

Beta

AGBRCDD2029

253042

673713

RC/DDH

38

42

4

3.4

3.47


including




39

41

2

1.7

5.81


and




77

78

1

0.9

98.62

Beta

AGBRC2039

253157

673568

RC

113

117

4

3.6

3.93


including




114

116

2

1.8

6.89

Beta

AGBRC2041

253416

675177

RC

64

69

5

4.3

2.46


including




65

66

1

0.9

9.91

Beta

AGBRC2042

253364

675168

RC

42

44

2

1.7

14.77

Beta

AGBRC2054

252997

673739

RC

3

7

4

3.6

2.88


including




4

5

1

0.9

5.11

Beta

AGBRC2060

252866

673670

RC

54

59

5

4.5

2.66


including




55

56

1

0.9

4.81


and




73

78

5

4.5

2.67


including




76

77

1

0.9

5.40

Beta

AGBDD2061

252910

673667

DDH

58

67

9

8

10.13


including




58

59

1

0.9

21.99

Beta

AGBDD2062

252904

673640

DDH

110.3

117.1

6.8

6.1

4.24


including




110.3

111.8

1.5

1.3

9.87

Beta

AGBDD2063

252943

673648

DDH

36.3

51

14.7

13.1

3.95


including




37.3

41.3

4

3.6

10.63


and




54

59.3

5.3

4.7

5.53


including




57.3

59.3

2

1.8

11.56

Beta

AGBDD2066

253118

673667

DDH

96.8

100.4

3.7

3.3

4.29


including




99.4

100.4

1

0.9

7.14

Beta

AGBDD2067

253212

673609

DDH

145.7

151.7

6

5.3

12.25


including




147.2

149.2

2

1.8

33.03


and




163

172.3

9.3

8.3

16.47


including




163

165.4

2.4

2.1

42.43

Beta

AGBRC2071

252995

673686

RC

55

62

7

6.2

3.52


including




57

60

3

2.7

5.94

Beta

AGBRC2072

252983

673654

RC

75

*94

19

16.9

2.40


including




75

78

3

2.7

8.49

Beta

AGBRC2077

252836

673713

RC

3

13

10

8.9

3.01


including




9

10

1

0.9

15.24

Beta

AGBRC2078

252954

673688

RC

1

10

9

8

2.54


including




1

2

1

0.9

6.52

Beta

AGBRC2096

253144

673689

RC

96

108

12

10.7

2.55


including




102

106

4

3.6

5.14

Beta

AGBRC2139

253066

673648

RC

26

29

3

2.7

9.00


including




27

29

2

1.8

13.21

Beta

AGBRC2140

253097

673634

RC

106

112

6

5.3

4.28

Beta

AGBRC2141

253078

673611

RC

143

147

4

3.6

4.35


including




144

145

1

0.9

8.87

Beta

AGBRC2143

253158

673596

RC

142

146

4

3.6

2.99

Beta

AGBRC2144

253161

673636

RC

44

49

5

4.5

6.88


including




44

46

2

1.8

14.81

Beta

AGBRC2145

253188

673667

RC

42

50

8

7.1

2.92


including




42

44

2

1.8

8.23


and




107

137

30

26.7

3.68


including




112

118

6

5.3

10.9

Beta

AGBRC2146

253200

673692

RC

118

121

3

2.7

10.84


including




118

119

1

0.9

30.79

Beta

AGBRC2147

253240

673681

RC

72

79

7

6.2

13.30


including




72

73

1

0.9

22.38

Beta

AGBRC2151

252914

673689

RC

35

43

8

7.1

4.54


including




35

37

2

1.8

10.05

Gamma

AGBRC1968

252644

674922

RC

68

72

4

3.4

3.11

Gamma

AGBRC1969

252679

674902

RC

68

82

14

11.9

3.18


including




70

71

1

0.9

12.14

Gamma

AGBRC1970

252714

674882

RC

88

95

7

6

2.88


including




90

92

2

1.7

7.65

Gamma

AGBRC1973

252617

674845

RC

106

108

2

1.7

10.02


including




107

108

1

0.9

14.15

Gamma

AGBRC1978

252667

674956

RC

49

67

18

15.3

1.97


including




53

54

1

0.9

12.04

Gamma

AGBRC1979

252768

674891

RC

110

115

5

4.3

2.61


including




111

112

1

0.9

7.56

Gamma

AGBRC1983

252721

674965

RC

71

74

3

2.6

8.92


including




72

73

1

0.9

25.73

Gamma

AGBRC1984

252755

674946

RC

78

82

4

3.4

2.90


including




78

79

1

0.9

6.14

Gamma

AGBRC1985

252789

674926

RC

92

104

12

10.2

4.41


including




103

104

1

0.9

18.23

Gamma

AGBRC2003

252777

675028

RC

62

64

2

1.7

3.24

Gamma

AGBRC2004

252849

674988

RC

23

27

4

3.4

2.94


including




25

26

1

0.9

9.57

Gamma

AGBRC2005

252916

674948

RC

55

66

11

9.4

12.15


including




55

60

5

4.3

20.03

Gamma

AGBRC2006

252956

674923

RC

77

84

7

6

3.26


including




77

80

3

2.6

7.10

Gamma

AGBRC2007

252996

674901

RC

86

93

7

6

15.17


including




87

91

4

3.4

23.81

Gamma

AGBRC2008

252839

675038

RC

6

12

6

5.1

2.77


including




10

11

1

0.9

7.41

Gamma

AGBRC2009

252859

675027

RC

20

25

5

4.3

17.35


including




21

23

2

1.7

40.53

Gamma

AGBRC2010

252889

675010

RC

18

20

2

1.7

5.97


and




32

37

5

4.3

2.72


including




32

33

1

0.9

11.29

Gamma

AGBRC2022

252871

675052

RC

19

25

6

5.1

14.23


including




20

21

1

0.9

49.45

Gamma

AGBDD2068

252814

675007

DDH

20.3

25.7

5.4

4.8

6.19


including




20.3

22.9

2.6

2.3

10.87


and




71.5

75.6

4.1

3.6

4.30


including




73

74.5

1.5

1.3

8.32

Gamma

AGBDD2069

252880

674969

DDH

78.2

80.3

2.1

1.8

4.05


including




78.2

79.1

0.9

0.8

7.26

Gamma

AGBDD2070

252700

674935

DDH

53.2

54.4

1.3

1.1

5.47

Gamma

AGBRC2108

252554

674577

RC

0

16

16

13.6

2.74


including




7

8

1

0.9

15.50

Gamma

AGBRC2111

252968

674960

RC

52

56

4

3.4

4.31


including




52

53

1

0.9

13.07

Gamma

AGBRC2113

253026

674883

RC

103

110

7

6

5.29


including




107

108

1

0.9

13.03

Gamma

AGBDD2132

252976

674915

DDH

77.9

86.4

8.5

7.2

8.35


including




79

82.3

3.3

2.8

13.68

Gamma

AGBDD2131

252733

674913

DDH

76

87.5

11.5

9.8

2.84


including




85.6

86.5

0.9

0.8

7.95

Sigma

AGBRC1925

252358

674504

RC

44

46

2

1.7

5.22

Sigma

AGBRC1927

252106

674517

RC

34

37

3

2.6

4.03


including




36

37

1

0.9

9.11

Sigma

AGBRC1929

252175

674472

RC

27

33

6

5.1

2.25


including




28

29

1

0.9

9.50

Sigma

AGBRC1932

252355

674466

RC

53

59

6

5.1

2.23


including




54

56

2

1.7

3.93

Sigma

AGBRC1934

252274

674416

RC

106

112

6

5.1

2.84


including




109

110

1

0.9

10.37

Sigma

AGBRC1936

252100

674455

RC

57

63

6

5.1

3.48


including




58

61

3

2.6

4.84


and




72

73

1

0.9

23.58

Sigma

AGBRC1939

251782

674525

RC

27

39

12

10.2

3.52


including




33

34

1

0.9

15.71

Sigma

AGBRC1940

251857

674476

RC

31

37

6

5.1

3.35


including




33

36

3

2.6

5.86

Sigma

AGBRC1942

252004

674486

RC

26

33

7

6

3.85


including




30

31

1

0.9

17.73

Sigma

AGBRC1943

252041

674466

RC

44

57

13

11.1

1.65


including




47

50

3

2.6

3.55

Sigma

AGBRC1944

252026

674441

RC

66

72

6

5.1

2.66


including




69

70

1

0.9

7.32

Sigma

AGBRC1945

252063

674418

RC

25

29

4

3.4

3.92


including




25

27

2

1.7

7.06

Sigma

AGBRC1946

252094

674399

RC

36

42

6

5.1

2.76


including




37

40

3

2.6

4.55

Sigma

AGBRC1951

251980

674411

RC

55

64

9

7.7

3.09


including




58

61

3

2.6

6.04


and




77

81

4

3.4

3.84


including




79

80

1

0.9

9.79

Sigma

AGBRC1952

252032

674377

RC

92

97

5

4.3

3.33


including




92

93

1

0.9

8.79

Sigma

AGBRC1953

252086

674346

RC

99

102

3

2.6

2.28

Sigma

AGBRC1955

251883

674462

RC

40

46

6

5.1

2.63


including




41

42

1

0.9

11.37

Sigma

AGBRC1957

251787

674467

RC

0

3

3

2.6

4.45


including




2

3

1

0.9

11.47

Sigma

AGBRC1958

251804

674452

RC

42

53

11

9.4

1.91


including




51

53

2

1.7

6.60

Sigma

AGBRC1960

251903

674397

RC

79

86

7

6

2.66


including




80

82

2

1.7

6.43

Sigma

AGBRC1961

251735

674397

RC

35

37

2

1.7

4.17


including




35

36

1

0.9

5.44

Sigma

AGBRC1964

251895

674515

RC

0

4

4

3.4

5.18

Sigma

AGBRC2120

252350

674373

RC

91

96

5

4.3

2.71


including




93

95

2

1.7

4.00

Sigma

AGBRC2122

251806

674511

RC

29

34

5

4.3

4.68


including




32

33

1

0.9

15.49

Sigma

AGBDD2133

251918

674446

DDH

26.7

32.7

6

5.1

2.80


including




30.7

32.7

2

1.7

6.82

Sigma

AGBDD2134

252004

674396

DDH

60.6

63.4

2.8

2.4

2.68


including




60.6

61.6

1

0.9

3.73

Sigma

AGBDD2135

251853

674425

DDH

80.5

83.5

3

2.6

2.60


including




81.5

82.5

1

0.9

5.42

Sigma

AGBDD2136

252114

674331

DDH

88.5

95.1

6.6

5.6

3.19


including




91.6

93.6

2

1.7

6.31

Sigma

AGBDD2138

252285

674409

DDH

68.3

81.1

12.8

10.9

2.02


including




75.4

77

1.6

1.4

5.34

Omega

AGBRC2016

253315

674960

RC

45

49

4

3.4

2.88


including




46

47

1

0.9

6.23

Omega

AGBRC2025

253363

675114

RC

60

65

5

4.3

3.12


including




60

61

1

0.9

7.44

Omega

AGBRC2031

253373

674878

RC

136

146

10

8.3

2.04


including




142

145

3

2.5

4.26

Omega

AGBRC2032

253353

674842

RC

71

75

4

3.3

3.54


including




71

72

1

0.8

12.87

Omega

AGBRC2033

253388

674890

RC

86

104

18

14.9

2.58


including




87

88

1

0.8

30.31

Omega

AGBRC2034

253329

675093

RC

61

70

9

7.5

7.40


including




66

67

1

0.8

36.61

Omega

AGBRC2035

253185

674762

RC

101

104

3

2.5

3.29


including




102

103

1

0.8

5.20

Omega

AGBRC2045

253423

675195

RC

51

57

6

5

3.03


including




52

53

1

0.8

14.28


and




61

68

7

5.8

3.35


including




62

63

1

0.8

6.94

Omega

AGBRC2046

253455

675288

RC

56

72

16

13.3

2.83


including




67

69

2

1.7

8.29

Omega

AGBRC2129

253066

674739

RC

93

98

5

4.2

4.15


including




95

96

1

0.8

11.4

Omega

AGBRC2100

253448

675268

RC

61

72

11

9.1

3.79


including




66

67

1

0.8

7.03


and




82

83

1

0.8

31.20

Omega

AGBRC2158

253401

675228

RC

50

60

10

8.3

2.57


including




59

60

1

0.8

3.47

Omega

AGBRC2159

253273

675146

RC

53

58

5

4.2

3.04


including




53

54

1

0.8

9.80

*end of hole 

SOURCE Endeavour Mining Corporation

Image with caption: "Figure 1: Plan Map Showing Drill Holes and Significant Intersections (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20150813_C5561_PHOTO_EN_477774.jpg

Image with caption: "Figure 2: Cross Section A-A’ Showing the High Grade Gamma Zone and Drilling (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20150813_C5561_PHOTO_EN_477776.jpg

Image with caption: "Figure 3: Cross Section B-B’ Showing the Sigma Zone and Drilling (CNW Group/Endeavour Mining Corporation)". Image available at: http://photos.newswire.ca/images/download/20150813_C5561_PHOTO_EN_477772.jpg

For further information: Doug Reddy, EVP Business Development, +1 604 609 6114, dreddy@endeavourmining.com; Endeavour Mining Corporation, Corporate Office, Suite 3123, 595 Burrard Street, P.O. Box 49139, Vancouver, BC V7X 1J1 Canada

RELATED LINKS
www.endeavourfinancial.com

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