Summary:
The Endeavor Mine was once the region’s largest zinc, lead and silver producer. Commissioned in 1983 as the Elura Mine, the site has been operated by CBH since 2003 at which time the site was renamed Endeavor. The Endeavor orebody is similar to others in the Cobar Basin in that it has the form of massive vertical pillars. Extraction of some 30 Mt has occurred.
Polymetals acquisition of Endeavor from CBH completed in August 2024.
On October 16, 2023, Polymetals released a robust mine restart study at Endeavor. Polymetals declared an initial 10-year mine life producing 9.8 Moz silver, 210 kt zinc and 62 kt lead over life of mine with first concentrate production targeted for H1-2025.
Interest: 4% NSR Royalty
Location: North-central New South Wales, Australia
Project Status: Producing (since 1983)
Counterparty: Polymetals Resources (ASX:SFR)
Polymetal Resources - Endeavor