Endeavour mining RNS7 Mar 2026 16:38
From Endeavour Mining RNS 2025 results yesterday:
From Endeavour Mining (EDV - £11bn Mkt cap) Final results RNS today...
New Ventures and greenfield exploration
. The New Ventures and greenfield exploration programme is focused on expanding and diversifying the long-term organic growth pipeline through its operated greenfield exploration programmes, and by leveraging early stage exploration companies operating in highly prospective, immature, tier 1 gold provinces.
. East Star Resources - Kazakhstan: During Q4-2025, Endeavour signed a partnership-style joint venture with East Star Resources Plc (“East Star”), a Kazakhstan based gold and base metals explorer targeting tier-1 gold deposits in the Central and Northern regions of Kazakhstan. Endeavour has the right to earn up to 80% interest in the newly incorporated join venture company. This approach offers a low-risk and very low-cost, phased investment through a well-integrated local partner, into a new jurisdiction that shares several similarities, in terms of geological prospectivity and exploration maturity, with West Africa.
. In addition, on 10 February 2025, Endeavour acquired a 14.3% stake in East Star via the conversion of a convertible loan note. The proceeds are expected to be applied primarily to advance East Star’s exploration programmes within the East Region of Kazakhstan and to assess new opportunities.