Endeavour Mining Announces Mali Humanitarian Donation In Cooperation With Gold Industry

VANCOUVER, April 11, 2013 /CNW/ - Endeavour Mining Corporation ("Endeavour" or the "Corporation") (TSX:EDV, ASX:EVR, OTCQX:EDVMF) announces, in conjunction with other gold mining companies operating in Mali, its local operating subsidiary has contributed US$500,000 to humanitarian initiatives to be coordinated by the Ministry of Finance. The aggregate contribution of the industry group is US$3.15 million and a cheque for that amount was presented to President Dioncounda Traore and the Minister of Mines at a ceremony in Bamako this morning. In cooperation with AngloGold Ashanti, Avnel Gold Mining, IAMGOLD, Randgold Resources and Resolute Mining, Endeavour agreed to the terms of a funding structure with the Ministry of Finance. Under this structure, contributions will be administered by the Ministry of Finance through a special account for humanitarian initiatives in the areas of healthcare, education and agriculture.

Neil Woodyer, CEO, commented

"The last months have been particularly difficult for the people of Mali in terms of humanitarian need, and we believe our financial contribution can go some way towards alleviating pressures in the areas of healthcare, education and agriculture. We are very pleased that a wider industry group has been able to agree upon a common approach for this contribution."

The contributing companies have received assurances that the funding will be dedicated to programs in the specified areas.  The Ministry of Finance has additionally agreed to provide regular reports to the industry group on funds usage and humanitarian progress.

About Endeavour Mining Corporation

Endeavour is a gold producer delivering growth. Endeavour owns three gold mines producing more than 300,000 ounces per year in Mali, Ghana and Burkina Faso that are generating significant operating cash flows to fund further expansion. Endeavour's gold production is forecast to be over 550,000 ounces per year in 2016, including the Tabakoto mill expansion in 2013, completion of construction of Agbaou Gold Mine in Côte d'Ivoire scheduled for Q1 2014 and a January 2013 PEA that shows potential for 160,000 ozs per year from the Houndé Project in Burkina Faso in 2016.

Endeavour Mining Corporation is listed on the TSX (symbol EDV) and ASX (symbol EVR), and also trades on the OTCQX (symbol EDVMF).

On behalf of Endeavour Mining Corporation

Neil Woodyer

Chief Executive Officer

This news release contains "forward-looking statements" including but not limited to, statements with respect to Endeavour's plans and operating performance, the estimation of mineral reserves and resources, the timing and amount of estimated future production, costs of future production, future capital expenditures, and the success of exploration activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" and "anticipates". Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to international operations; risks related to general economic conditions and credit availability, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which Endeavour operates. Although Endeavour has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Please refer to Endeavour's most recent Annual Information Form filed under its profile at www.sedar.com for further information respecting the risks affecting Endeavour and its business.

SOURCE Endeavour Mining Corporation