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

Asset Information

  • Shallow, primarily free digging open pit operations with moderate strip ratios
  • Initial production early 2016; commercial production declared in October 2016 with a run-rate of ~115,000 ounces of annual gold production
  • Excellent exploration potential to further extend the mine life

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.

 


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