Our strong exploration pipeline underpins our long-term growth.
Endeavour’s world-class approach to exploration has been fundamental to its consistent success in maintaining a high-quality portfolio and building a strong organic growth pipeline.
The significant progress we have made across our producing assets leaves us well positioned to meet our five-year discovery target of 12–17 million ounces of Indicated resources over the 2021 to 2025 period, at the low discovery cost of less than $25 per ounce.
12-17 Moz
five-year discovery target
<$25/oz
discovery target
250+
exploration targets
Five year discovery targets
Indicated resources
2.3-2.7Moz
Sabodala-Massawa
3.0-4.0Moz
Houndé
3.5-4.5Moz
Ity
1.0-1.5Moz
Mana
1.2-1.8Moz
Lafigué
3.4Moz
Greenfields
Proven ranking and screening methodology
We base our approach to exploration on a methodology used in the oil and gas sector
West Africa: the leader for gold discoveries
Endeavour is strategically positioned with an unmatched competitive advantage in the region.
West Africa has become the largest gold producing region globally due to its significant exploration potential, favourable mining regimes, and the industry’s ability to build mines on time, on schedule and with low capital intensity.
Given that exploration spend often foreshadows future production growth, West Africa has the potential to be an even larger producing region.
No.1
region globally for discoveries in last 10 years, 67 Moz discovered
4th
largest exploration focus across the globe
$1.2bn
Spent on in-country suppliers
Endeavour holds one of the largest land tenement holdings in West Africa
We have a strategic foothold in two of West Africa's most prospective belts, the Ity Birimian belt and the Houndé belt.
60%
of greenstone belt lies in Burkina Faso and Côte d'Ivoire but only represents...
30%
of producton since it is unexplored
Endeavour controls the full 125km stretch along the Ity Birimian Belt.
Endeavour has the largest foothold on the Houndé belt.
