Endeavour Reports Positive PFS Results For Both Fetekro and Kalana, Confirming Strong Organic Growth Pipeline
ENDEAVOUR REPORTS POSITIVE PFS RESULTS FOR BOTH FETEKRO AND KALANA, CONFIRMING STRONG ORGANIC GROWTH PIPELINE
HIGHLIGHTS:
Positive PFS results for both Fetekro and Kalana Projects confirm Endeavour’s high quality organic growth pipeline
Fetekro PFS shows potential for +200kozpa production at low AISC over long mine life:
10-year mine life based on current reserves of 2.1Moz
Average annual production of 209koz at AISC of $838/oz
Robust economics with after-tax NPV
5%
Kalana PFS shows potential for 150kozpa production at low AISC over long mine life:
11-year mine life based on current reserves of 1.8Moz