Endeavour Mining and Randgold Resources have formed a joint venture to explore the Sissedougou and Mankono properties in northern Côte d'Ivoire, enhancing their collaborative efforts to discover new gold resources.

Information on the Target

Endeavour Mining and Randgold Resources Ltd have formed a strategic joint venture in Côte d'Ivoire, focusing on their adjacent Sissedougou and Mankono exploration properties. These properties are strategically located within the northern region of Côte d'Ivoire, close to the shear zones that host significant mining operations like the Tongon mine and Sissingue project.

The Sissedougou property was previously held by La Mancha and transferred to Endeavour in late 2015. Following a period of inactivity, Endeavour resumed exploration activities in 2017. A drilling campaign initially conducted by La Mancha confirmed the presence of a potentially profitable mineralized structure, with a notable intercept of 34.6 meters at 2.08 g/t Au, among other promising results.

Industry Overview in Côte d'Ivoire

Côte d'Ivoire has emerged as a leading destination for gold mining in West Africa, showcasing a favorable investment climate and a wealth of untapped mineral resources. The country is recognized for its stable political environment a