Endeavour Mining Corporation (EDVMF: OTCQX International) | Endeavour Mining pours first gold bar at Agbaou Mine ahead of schedule

VANCOUVER, Nov. 29, 2013 /CNW/ – Endeavour Mining Corporation (“Endeavour” or the “Corporation”)
(TSX:EDV) (ASX:EVR) (OTCQX:EDVMF) announces the pouring of its first
gold bar from the Carbon In Leach and Gravity gold circuits at the
Agbaou Mine in Côte d’Ivoire. Plant commissioning is progressing ahead
of schedule.  The plant has been ramped up to design throughput levels
and is expected to achieve full commercial gold production during
Q1/2014.  

Endeavour completed the first CIL/Gravity Circuit gold pour at Agbaou
earlier today. The first pour was completed significantly ahead of the
original construction timetable of Q1/2014.  As demonstrated by the
pouring of gold, the mine is well into the commissioning phase with ore
reclaim, milling, CIL, Knelson concentrator, Gekko Intensive Leach
Reactor, cyanide detoxification and tailings areas all fully
commissioned.


Neil Woodyer, CEO, stated

“This is a major achievement for the company and a testament to the hard
work of our employees in all areas from exploration to operations. 
Endeavour’s Project Team has taken a feasibility study and grassroots
site and built the Agbaou mine in only 16 months.  This is the second
mine in the Endeavour portfolio that our team has built.  Agbaou is on
schedule for achieving full commercial production shortly, and at
approximately $800 per ounce all-in sustaining costs, Agbaou is
forecast to make a meaningful contribution to our free cash flow in
2014 and beyond.”


Agbaou Gold Mine Construction Highlights:

Qualified Persons

Adriaan “Attie” Roux, Pr.Sci.Nat, Endeavour’s Chief Operating Officer,
is a Qualified Person under NI 43-101, and has reviewed and approved
the technical information related to mining operations in this news
release.

About Endeavour Mining Corporation

Endeavour is a gold producer delivering growth. Endeavour owns three
gold mines producing more than 300,000 ounces per year in Mali, Ghana
and Burkina FasoEndeavour’s annual gold production is forecast to
exceed 400,000 ounces per year during 2014, including the start-up of
commercial production at the Agbaou Gold Mine in Côte d’Ivoire
scheduled for Q1/2014. In addition, in November 2013 a Feasibility
Study for the Houndé Project in Burkina Faso was completed showing
potential for approximately 180,000 ounces per year over 8 years.

Endeavour Mining Corporation is listed on the TSX (symbol EDV) and ASX
(symbol EVR), and also trades on the OTCQX (symbol EDVMF).

On behalf of Endeavour Mining Corporation

Neil Woodyer
Chief Executive Officer

This news release contains “forward-looking statements” including but
not limited to, statements with respect to Endeavour’s plans and
operating performance, the estimation of mineral reserves and
resources, the timing and amount of estimated future production, costs
of future production, future capital expenditures, and the success of
exploration activities. Generally, these forward-looking statements can
be identified by the use of forward-looking terminology such as
“expects”, “expected”, “budgeted”, “forecasts” and “anticipates”.
Forward-looking statements, while based on management’s best estimates
and assumptions, are subject to risks and uncertainties that may cause
actual results to be materially different from those expressed or
implied by such forward-looking statements, including but not limited
to: risks related to the successful integration of acquisitions; risks
related to international operations; risks related to general economic
conditions and credit availability, actual results of current
exploration activities, unanticipated reclamation expenses; changes in
project parameters as plans continue to be refined; fluctuations in
prices of metals including gold; fluctuations in foreign currency
exchange rates, increases in market prices of mining consumables,
possible variations in ore reserves, grade or recovery rates; failure
of plant, equipment or processes to operate as anticipated; accidents,
labour disputes, title disputes, claims and limitations on insurance
coverage and other risks of the mining industry; delays in the
completion of development or construction activities, changes in
national and local government regulation of mining operations, tax
rules and regulations, and political and economic developments in
countries in which Endeavour operates. Although Endeavour has attempted
to identify important factors that could cause actual results to differ
materially from those contained in forward-looking statements, there
may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such statements
will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. Please refer to Endeavour’s most recent Annual Information
Form filed under its profile at www.sedar.com for further information respecting the risks affecting Endeavour and
its business.

SOURCE Endeavour Mining Corporation

Image with caption: “First gold pour from the furnace (CNW Group/Endeavour Mining Corporation)”. Image available at: http://photos.newswire.ca/images/download/20131129_C6326_PHOTO_EN_34128.jpg

Image with caption: “Jeremy Langford SVP Projects with first gold produced at Agbaou (CNW Group/Endeavour Mining Corporation)”. Image available at: http://photos.newswire.ca/images/download/20131129_C6326_PHOTO_EN_34129.jpg

Image with caption: “Agbaou Project Team in gold room (CNW Group/Endeavour Mining Corporation)”. Image available at: http://photos.newswire.ca/images/download/20131129_C6326_PHOTO_EN_34127.jpg

Article source: http://www.otcmarkets.com/stock/EDVMF/news?id=72294

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