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Endeavour Announces the Appointment of Sonia Scarselli as Executive Vice President of Exploration

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Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has announced the appointment of Sonia Scarselli as Executive Vice President of Exploration, effective December 2024. Scarselli, currently Vice President of BHP Exploration and BHP Xplor, will replace Jono Lawrence, who will be leaving the company at year-end after a transition period. She will lead Endeavour's exploration programme targeting the discovery of 12-17Moz of Measured and Indicated resources over 2021-2025, with 10Moz already discovered at a cost of less than $25 per ounce.

Following this appointment, Endeavour's Executive Committee will comprise ten members with 30% female representation. Scarselli brings extensive experience from roles at ExxonMobil UK and BHP, holding leadership positions including VP of Exploration and Appraisals. She holds a master's in Geological Science, a PhD in Geology, and an MBA from London Business School.

Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) ha annunciato la nomina di Sonia Scarselli a Vicepresidente Esecutivo delle Esplorazioni, con decorrenza December 2024. Scarselli, attualmente Vicepresidente presso BHP Exploration e BHP Xplor, sostituirà Jono Lawrence, che lascerà l'azienda alla fine dell'anno dopo un periodo di transizione. Dirigerà il programma di esplorazione di Endeavour, mirato alla scoperta di 12-17Moz di risorse misurate e indicate nel periodo 2021-2025, con già 10Moz scoperti a un costo inferiore a 25$ per oncia.

In seguito a questa nomina, il Comitato Esecutivo di Endeavour sarà composto da dieci membri, con una rappresentanza femminile del 30%. Scarselli porta con sé una vasta esperienza da ruoli ricoperti in ExxonMobil UK e BHP, occupando posizioni di leadership tra cui VP delle Esplorazioni e delle Valutazioni. Ha conseguito un master in Scienze Geologiche, un dottorato in Geologia e un MBA dalla London Business School.

Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) ha anunciado el nombramiento de Sonia Scarselli como Vicepresidenta Ejecutiva de Exploración, con efecto a partir de diciembre de 2024. Scarselli, actualmente Vicepresidenta de BHP Exploration y BHP Xplor, reemplazará a Jono Lawrence, quien dejará la empresa a fin de año después de un período de transición. Ella liderará el programa de exploración de Endeavour, que tiene como objetivo el descubrimiento de 12-17Moz de recursos Medidos e Indicados entre 2021 y 2025, habiéndose descubierto ya 10Moz a un costo de menos de $25 por onza.

Tras este nombramiento, el Comité Ejecutivo de Endeavour estará compuesto por diez miembros con un 30% de representación femenina. Scarselli aporta una amplia experiencia de roles en ExxonMobil UK y BHP, habiendo ocupado posiciones de liderazgo como VP de Exploración y Evaluaciones. Posee una maestría en Ciencias Geológicas, un doctorado en Geología y un MBA de la London Business School.

엔데버 마이닝 plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF)가 소니아 스카르셀리를 탐사 전무로 임명한다고 발표했다. 임기는 2024년 12월부터 시작된다. 현재 BHP 탐사 및 BHP Xplor의 부사장인 스카르셀리는 회사의 연말 퇴사를 앞둔 조노 로렌스를 대체하게 된다. 그녀는 2021-2025년 동안 12-17Moz의 측정 및 지표 자원을 발견하는 것을 목표로 하는 엔데버의 탐사 프로그램을 이끌며, 이미 온스당 25달러 이하로 10Moz를 발견했다.

이번 임명 이후 엔데버의 경영 위원회는 30%의 여성 대표성을 포함해 10명의 위원으로 구성된다. 스카르셀리는 엑손모빌 UK와 BHP에서의 역할을 통해 폭넓은 경험을 가지고 있으며, 탐사 및 평가 부사장과 같은 리더십 직위를 맡았다. 그녀는 지질과학 석사, 지질학 박사, 그리고 런던 비즈니스 스쿨에서 MBA를 취득했다.

Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) a annoncé la nomination de Sonia Scarselli au poste de Vice-Présidente Exécutive de l'Exploration, à compter de décembre 2024. Scarselli, actuellement Vice-Présidente de BHP Exploration et BHP Xplor, remplacera Jono Lawrence, qui quittera l'entreprise à la fin de l'année après une période de transition. Elle dirigera le programme d'exploration d'Endeavour visant à découvrir entre 12 et 17Moz de ressources Mesurées et Indiquées sur la période 2021-2025, avec déjà 10Moz découvertes à un coût de moins de 25 $ par once.

Suite à cette nomination, le Comité Exécutif d'Endeavour sera composé de dix membres, avec une représentation féminine de 30 %. Scarselli apporte une vaste expérience acquise au sein d'ExxonMobil UK et de BHP, où elle a occupé des postes de direction, notamment Vice-Présidente de l'Exploration et des Évaluations. Elle détient un master en Sciences Géologiques, un doctorat en Géologie et un MBA de la London Business School.

Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) hat die Ernennung von Sonia Scarselli zur Executive Vice President für Exploration mit Wirkung zum Dezember 2024 bekannt gegeben. Scarselli, derzeit Vice President bei BHP Exploration und BHP Xplor, wird Jono Lawrence ersetzen, der das Unternehmen nach einer Übergangszeit zum Jahresende verlassen wird. Sie wird das Explorationsprogramm von Endeavour leiten, das darauf abzielt, zwischen 2021-2025 12-17Moz an gemessenen und angezeigten Ressourcen zu entdecken, wobei bereits 10Moz zu einem Preis von weniger als 25 $ pro Unze entdeckt wurden.

Nach dieser Ernennung wird das Exekutivkomitee von Endeavour aus zehn Mitgliedern bestehen, wobei der Frauenanteil 30 % beträgt. Scarselli bringt umfassende Erfahrung aus ihren Positionen bei ExxonMobil UK und BHP mit, wo sie Führungspositionen wie VP für Exploration und Bewertungen innehatte. Sie besitzt einen Master in Geowissenschaften, einen Doktortitel in Geologie und einen MBA von der London Business School.

Positive
  • Appointment of experienced industry leader Sonia Scarselli as EVP Exploration
  • Progress towards exploration target with 10Moz of M&I resources already discovered
  • Low discovery cost of less than $25 per ounce
  • Increased gender diversity in Executive Committee (30% female representation)
Negative
  • None.

ENDEAVOUR ANNOUNCES THE APPOINTMENT OF SONIA SCARSELLI AS EXECUTIVE VICE PRESIDENT OF EXPLORATION

London, 1 October 2024 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour” or the “Company”) is very pleased to announce the appointment of Sonia Scarselli as Executive Vice President (“EVP”) Exploration with effect from December 2024.

Sonia will join Endeavour from BHP where she was Vice President (“VP”) of BHP Exploration and BHP Xplor, leading the global exploration programme and the exploration Accelerator Programme, respectively.

Sonia will replace Jono Lawrence, who will be leaving the Company at the end of the year following a transition period. She will lead Endeavour’s exploration programme targeting the discovery of 12 - 17Moz of Measured and Indicated resources over the 2021 to 2025 period, of which 10Moz of M&I resources has already been discovered, for a discovery cost of less than $25 per ounce.

Following Sonia’s appointment and Jono’s departure, the Executive Committee will be composed of ten members, with 30% female representation, underpinning a balanced mix of experience, technical skills, operational expertise and gender, to lead Endeavour into this new phase with increased confidence.

About Sonia Scarselli
Sonia was appointed VP of BHP’s Exploration programme in September 2023, in addition to her role as VP of BHP’s Xplor programme which she was appointed to in June 2022. She started her career at ExxonMobil UK and later joined BHP in 2012. She has held several leadership positions through her tenure within BHP, including VP of Exploration and Appraisals, Head of Algeria and Exploration Manager for Trinidad and Tobago.

Sonia holds a master’s degree in Geological Science from Università degli studi di Perugia, a PhD in Geology from ETH Zurich and an MBA from the London Business School. She serves as advisor to Deep Energy Capital LLP, CEOs Against Cancer Chapter and the AAPG Advisory Council.

CONTACT INFORMATION

Jack Garman
Vice President, Investor Relations
+44 203 011 2723
jack.garman@endeavourmining.com
Brunswick Group LLP in London
Carole Cable, Partner
+44 207 404 5959
ccable@brunswickgroup.com

ABOUT ENDEAVOUR MINING PLC

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.

A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates. Endeavour is listed on the London and Toronto Stock Exchanges, under the symbol EDV.

For more information, please visit www.endeavourmining.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains "forward-looking statements" within the meaning of applicable securities laws.  All statements, other than statements of historical fact, are "forward-looking statements". 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.sedarplus.ca for further information respecting the risks affecting Endeavour and its business.

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FAQ

When will Sonia Scarselli join Endeavour Mining (EDVMF) as EVP Exploration?

Sonia Scarselli will join Endeavour Mining as Executive Vice President of Exploration in December 2024.

What is Endeavour Mining's (EDVMF) exploration target for 2021-2025?

Endeavour Mining is targeting the discovery of 12-17Moz of Measured and Indicated resources over the 2021 to 2025 period.

How much of Endeavour Mining's (EDVMF) exploration target has been achieved so far?

Endeavour Mining has already discovered 10Moz of Measured and Indicated resources towards their 2021-2025 target.

What is the discovery cost per ounce for Endeavour Mining's (EDVMF) exploration program?

Endeavour Mining's discovery cost is less than $25 per ounce for their exploration program.

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