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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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The latest announcement is out from Endeavour Mining ( (TSE:EDV) ).

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 near-mine brownfield exploration to extend existing mine lives and greenfield exploration to identify new projects, particularly in West Africa. The company plans to invest over $100 million annually in exploration to maintain its competitive edge and deliver strong returns to shareholders.

More about Endeavour Mining

Endeavour Mining is a prominent player in the mining industry, focusing primarily on gold exploration and production. The company operates in West Africa and is known for its strategic emphasis on organic growth through exploration, targeting both brownfield and greenfield projects to extend mine life and discover new resources.

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

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