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
2019E 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

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 March 5, 2019.