Endeavour Mining's Agbaou construction continues on schedule

VANCOUVER, March 13, 2013 /CNW/ - Endeavour Mining Corporation ("Endeavour" or 
the "Corporation") (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announces that construction 
of its Agbaou Gold Mine in Côte d'Ivoire is proceeding on-budget and 
on-schedule to initial production in Q1 2014. Steel deliveries for the plant 
have begun and will continue over the next several months, with major concrete 
pours complete and CIL tank construction in progress. 
Agbaou Gold Mine Construction Highlights: 


    --  To date, approximately 62% of the $159 million construction
        cost budget has been committed, with $45 million spent and the
        project is 52% physically complete overall
    --  All major contracts, including the EPCM contract with
        Lycopodium and mining contract with BCM International, have
        been finalized and are within the cost estimates of the June
        2012 feasibility study
    --  Major component deliveries for the SAG and Ball Mills are on
        schedule
    --  Camp construction is nearly complete, with approximately 900
        workers now on-site
    --  Preparations for connection to the power grid are well
        advanced, with transformer delivery expected in July 2013 and
        overhead power line contractor mobilised. Construction of the
        high voltage sub-station commenced on the 1st of March
    --  8 km access road has been completed within the June 2012
        feasibility estimate
    --  Tailings storage facility (TSF) and water storage dam (WSD)
        construction is proceeding well, with embankments being raised,
        grading and compacting ongoing
    --  Endeavour has begun recruiting key operations personnel. Mr.
        Gerald Boting was recently appointed General Manager (GM) of
        Agbaou. As part of his 35 years of experience, he was
        instrumental in the development of the Skorpion Zinc project in
        Namibia and served as the GM of that mine for seven years
    --  Community support for Agbaou is solid, with crop compensation
        100% complete, relocation construction for 250 residents
        nearing completion and several major community development
        projects completed

Agbaou Gold Mine Pictorial Update - February / March 2013

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 
Faso that are generating significant operating cash flows to fund further 
expansion. Endeavour's gold production is forecast to be over 550,000 ounces 
per year in 2016, including the Tabakoto mill expansion in 2013, completion of 
construction of Agbaou Gold Mine in Côte d'Ivoire scheduled for Q1 2014 and a 
recently completed PEA that shows potential for 160,000 ozs per year from the 
Houndé Project in Burkina Faso in 2016.

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.



Marla Gale Vice President - Investor Relations +1 604 609 6117 
mgale@endeavourmining.com

UK/Europe: Bobby Morse Buchanan +44 20 7466 5000 bobbym@buchanan.uk.com

Australia: David Ikin Professional Public Relations +61 8 9388 0944 
david.ikin@ppr.com.au

Endeavour Mining Corporation Regatta Office Park Windward 3, Suite 240, PO Box 
1793 West Bay Road, Grand Cayman KY1-1109, Cayman Islands Tel: +1 345 769 7250 
Fax: +1 345 769 7256 

www.endeavourmining.com

A Cayman Islands exempted company with limited liability.

ARBN 153 067 639

Image with caption: "CIL tank construction, in early March 2013 (CNW 
Group/Endeavour Mining Corporation)". Image available at:  
http://photos.newswire.ca/images/download/20130313_C4689_PHOTO_EN_24536.jpg

Image with caption: "Crusher vault, rebar installation in advance of concrete 
pour, March 2013 (CNW Group/Endeavour Mining Corporation)". Image available 
at:  
http://photos.newswire.ca/images/download/20130313_C4689_PHOTO_EN_24537.jpg

Image with caption: "SAG Mill, in fabrication (CNW Group/Endeavour Mining 
Corporation)". Image available at:  
http://photos.newswire.ca/images/download/20130313_C4689_PHOTO_EN_24538.jpg

Image with caption: "Tailings storage facility (CNW Group/Endeavour Mining 
Corporation)". Image available at:  
http://photos.newswire.ca/images/download/20130313_C4689_PHOTO_EN_24539.jpg

Image with caption: "Camp nearing completion; canteen and other facilities 
shown above (CNW Group/Endeavour Mining Corporation)". Image available at:  
http://photos.newswire.ca/images/download/20130313_C4689_PHOTO_EN_24540.jpg

Image with caption: "Camp nearing completion; canteen and other facilities 
shown above (CNW Group/Endeavour Mining Corporation)". Image available at:  
http://photos.newswire.ca/images/download/20130313_C4689_PHOTO_EN_24541.jpg

Image with caption: "New Agbaou ambulance; full-time doctor and two nurses now 
on-site (CNW Group/Endeavour Mining Corporation)". Image available at:  
http://photos.newswire.ca/images/download/20130313_C4689_PHOTO_EN_24542.jpg

Image with caption: "Endeavour's Chairman, Michael Beckett, in conversation 
with Jeremy Langford, SVP Projects during February HSE committee site visit 
(CNW Group/Endeavour Mining Corporation)". Image available at:  
http://photos.newswire.ca/images/download/20130313_C4689_PHOTO_EN_24543.jpg

SOURCE: Endeavour Mining Corporation

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CO: CNW Enriched News Releases
ST: British Columbia
NI: MNG PCS FIELD 2575 WNEWS 

-0- Mar/13/2013 19:56 GMT


 
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