Endeavour Launches Construction of Lafigué Project; DFS

ENDEAVOUR LAUNCHES CONSTRUCTION OF LAFIGUÉ PROJECT;
DFS CONFIRMS ITS POTENTIAL TO BE A CORNERSTONE ASSET

Abidjan, 17 October 2022 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour” or the “Group”) is pleased to announce that it has launched the construction of its 80%-owned Lafigué Project (“Lafigué” or the “Project”) on the Fetekro property in Côte d’Ivoire, following completion of a robust Definitive Feasibility Study (“DFS”).

Sebastien de Montessus, President and CEO said: “We are very pleased to launch the construction of Lafigué as it will become another cornerstone mine for Endeavour while continuing to enhance our geographic diversification. Lafigué is expected to improve the quality of our portfolio, given its attractive production profile of approximately 200,000 ounces per year at an industry-low AISC of $871 per ounce over its initial 12.8-year mine life, with robust project economics. Moreover, we are excited by its exploration potential as we have confirmed…