Project overview
About this development
Endeavour Mining has announced the results of the Houndé Preliminary Economic Assessment (PEA). The Houndé Project PEA focused on the Vindaloo group of deposits that are located approximately 250 km southwest of Ouagadougou, the capital city of Burkina Faso in West Africa. The deposits are approximately 2.7 km from a paved highway and as close as 200 metres from a 220 kV power line that extends from Cote d'Ivoire through to Ouagadougou. A rail line that extends to the port of Abidjan, Cote d'Ivoire lies approximately 25 km east of the deposit area. The project's net present value has been estimated at A$359 million from an initial estimate of A$230 million.
Project at a glance
Hounde Gold Project, Burkina Faso is located in Burkina Faso. The project is classified in the Private sector. Its current recorded stage is Complete. The recorded project value is R 200 Million+.