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Endeavour Mining Sets Ambitious 5-Year Exploration Target

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Endeavour Mining Sets Ambitious 5-Year Exploration Target

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Endeavour Mining ( (TSE:EDV) ) has issued an update.

Endeavour Mining has announced an ambitious exploration outlook for 2026-2030, aiming to discover 12-15 million ounces of mineral resources at a cost of less than $40 per ounce. This initiative includes both near-mine brownfield exploration and new greenfield projects, particularly in West Africa and other promising gold provinces. The company plans to invest over $100 million annually in exploration, reinforcing its commitment to organic growth and maintaining its competitive advantage in the industry.

More about Endeavour Mining

Endeavour Mining plc is a prominent company in the mining industry, focusing primarily on gold exploration and production. The company operates in West Africa, targeting both brownfield and greenfield projects to expand its resource base and extend mine life.

For an in-depth examination of EDV stock, go to TipRanks’ Overview page.

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