10:39 AM EST - Endeavour Mining : Has been granted a mining permit extension by the Burkina Faso Government, covering the full Kari Area at its Houndé Mine. The Kari Area hosts the previously announced Kari Pump, Kari West and Kari Center discoveries, in addition to the recently discovered Kari Gap and Kari South targets. The Kari Area has been permitted as an extension of the main Houndé mining permit, thereby allowing the area to benefit from Burkina Faso’s 2003 Mining Code which includes a corporate income tax rate of 17.5%, a 10% free-carried State interest, and a royalty based on a 3% to 5% sliding scale linked to prevailing gold prices. Endeavour Mining
shares T.EDV are trading up $0.25 at $33.11.
