Houndé Mine

The Houndé mine was successfully built ahead of schedule and below budget, with its first gold pour occurring in October 2017 and commercial production announced on November 1st 2017. Houndé has become the Company's flagship low-cost mine, ranking amongst West Africa's top tier cash generating mines, with an average annual production of 235,000 ounces at an All-In Sustaining Cost of $610/oz over its first four years.



    • 90% EDV, 10% government of Burkina Faso


    • 250 km southwest of Ouagadougou, the capital city of Burkina Faso.

    Mine Attributes

    • Mining Method: Open pit / Owner Mining 
    • Processing: 3Mtpa Gravity / CIL plant
    • Gold Recovery: 94% (2018A)
    • Expected Mine Life: +10 years

    Operating Performance

    For The Year Ended FY-2017 FY-2018
    Waste (kt) 14,827 35,659
    Ore Mined - open pit (kt) 1,222 5,822
    Ore Processed (kt) 813 3,948
    Grade (g/t) 2.75 2.29
    Recovery rate (%) 95% 94%
    Production (oz) 68,754 277,218
    Cash Costs
    Cash cost per gold ounce sold (US$/oz) 194 459
    All-in Sustaining Costs (US$/oz) 335 564

    Technical Reports

    Download year list
    Date Download Description

    Reserves and Resources

    On a 100% basis. Resources shown inclusive of Reserves. Tonnage
    (Au g/t)
    (Au koz)
    Proven Reserves 3.5 1.53 174
    Probable Reserves 24.0 2.03 1,566
    P&P Reserves 27.51.971,740
    Measured Resource (incl of reserves) 3.6 1.56180
    Indicated Resources (incl of reserves) 41.2 2.23 2,954
    M&I Resources (incl of reserves) 44.7 2.18 3,134
    Inferred Resources 3.2 2.64 268



    Exploration targets Houndé

    Houndé exploration next targets

    Exploration Potential

    The 2018 exploration program amounted to $14 million, totaling approximately 165,700 meters of drilling, focused mainly on the Kari gold-in-soil anomaly which covers a 6km-long by 2.5km-wide area, resulting in:   ­ 

    • The identification of a maiden Indicated resource at the Kari Pump target totaling 11.3Mt at 2.71 g/t Au containing 987koz, as published on November 15, 2018. The maiden resource covers an area 1.3km-long by 0.8km-wide and remains open in various directions. The mineralization is amenable to open pit mining and 45% of the Indicated resource is located within the oxide and transition zones, compared to most of the Houndé Indicated resource located in fresh zones. ­ 
    • The Kari Center discovery, which extends 1.2km along strike and across a width of over 200m and remains open in various directions. ­ 
    • The Kari West discovery which extends at least 1.0km along strike and across a width of 500m and remains open in various directions.


    In 2019, Houndé will continue to be the priority exploration focus for Endeavour with a budget of up to $17 million totaling approximately 195,000 meters of drilling with the aim of:­ 

    • Delineating additional resources at Kari Pump.­ 
    • Delineating a maiden resource at the Kari Centre and Kari West targets.­ 
    • Testing other targets such as Sia/Sianikoui, Grand Espoir and high-grade plunges at the Vindaloo deposit.


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