Karma

MMX Interest:  2.0% net smelter return (NSR) royalty (1)
MMX Metal Exposure:  Gold (Au), Silver (Ag)
Location:  Burkina Faso
Operator:  Endeavour Mining Corporation
Status:  Producing
2018E Production:  105,000 - 115,000 oz Au (2)

Asset Information

  • Shallow, primarily free digging open pit operations with moderate strip ratios
  • Initial production early 2016; commercial production declared in October 2016
  • Long-life asset with excellent exploration potential to extend life-of-mine
  • Gold resources of 3.8 Moz at 1.33 g/t (3)

For more information on Karma, please visit www.endeavourmining.com

 

Source: Endeavour Mining Corporation public disclosure.
(1) Subject to a 1.0% buyback option for fair market value.
(2) Production guidance provided in the Endeavour Mining news release dated January 23, 2018.
(3) Resources include measured, indicated & inferred resources, inclusive of reserves - as at December 31, 2016 (Endeavour website)


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