Workflow
Endeavour Announces Positive PFS Results for Assafou Project in Côte d'Ivoire
PFSProvident Financial Services(PFS) GlobeNewswire News Room·2024-12-11 07:00

ENDEAVOUR ANNOUNCES POSITIVE PFS RESULTS FOR ASSAFOU PROJECT IN CÔTE D’IVOIRE 1,526mNPV(51,526m NPV(5%) and IRR of 28% at 2,000/oz • 329kozpa at AISC of 892/ozoverfirst10yearsHIGHLIGHTS:PFSconfirmsAssafouspotentialtobecomeatier1assetforEndeavourPFShighlights329kozpaproductionatAISCof892/oz over first 10 years HIGHLIGHTS: PFS confirms Assafou's potential to become a tier 1 asset for EndeavourPFS highlights 329kozpa production at AISC of 892/oz over first 10 years: 15-year mine life based on maiden reserve of 4.1Moz Robust project economics with after-tax NPV(5%) of 1,526mandIRRof281,526m and IRR of 28%, at a 2,000/oz gold priceInitial capital of $734m bas ...