Endeavour Mining outlines long-life, low-cost Assafou project in feasibility study

Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) said on Thursday its Assafou gold project in Côte d'Ivoire could be worth $5.1 billion at current gold prices after a definitive feasibility study confirmed the deposit's potential as a major long-life asset for the company. The London-listed miner said the study projected average annual production of more than 320,000 ounces over the first eight years of a 16-year mine life, at an all-in sustaining cost of $1,026 per ounce.