{"id":4754,"date":"2025-11-18T13:40:35","date_gmt":"2025-11-18T13:40:35","guid":{"rendered":"https:\/\/thetradingdictionary.com\/index.php\/2025\/11\/18\/east-star-and-endeavour-mining-to-collaborate-on-kazakhstan-gold-assets\/"},"modified":"2025-11-18T13:40:35","modified_gmt":"2025-11-18T13:40:35","slug":"east-star-and-endeavour-mining-to-collaborate-on-kazakhstan-gold-assets","status":"publish","type":"post","link":"https:\/\/thetradingdictionary.com\/index.php\/2025\/11\/18\/east-star-and-endeavour-mining-to-collaborate-on-kazakhstan-gold-assets\/","title":{"rendered":"East Star and Endeavour Mining to Collaborate on Kazakhstan Gold Assets"},"content":{"rendered":"<\/p>\n<p><strong>East Star Resources (LSE:EST) and Endeavour Exploration announced they have entered into a <\/strong><strong>binding earn-in and joint venture (JV) agreement<\/strong><strong> to advance gold exploration in Kazakhstan.<\/strong><\/p>\n<p>Endeavour Exploration, a subsidiary of top gold producer Endeavour Mining (LSE:EDV,TSX:EDV,OTCQX:EDVMF), will have the right to earn up to an 80 percent interest in a new JV company via staged investments.<\/p>\n<p>Stage 1 includes a US$5 million payment within two years, equivalent to a 51 percent interest. If an additional US$20 million is given over three years, its interest will increase to 70 percent.<\/p>\n<p>The last 10 percent will be given to Endeavour if it funds and completes a prefeasibility study. <\/p>\n<\/p>\n<p>During the initial phase, East Star will act as manager of the JV. <\/p>\n<p>The area of interest for the partnership includes two proven, underexplored mineral belts.<\/p>\n<p>&#8216;This agreement with Endeavour is a transformational milestone for East Star that validates the quality of our exploration programme and provides a clear pathway to unlock the full potential of our gold exploration strategy,\u201d said East Star Resources CEO Alex Walker in a November 13 press release.<\/p>\n<p>While the JV will focus on gold, East Star is also pursuing copper in Kazakhstan. <\/p>\n<p>Its assets include a volcanogenic massive sulfide deposit with a JORC-compliant resource estimate of 20.3 million metric tons at 1.16 percent copper, 1.54 percent zinc and 0.27 percent lead.<\/p>\n<p>An investor webcast is scheduled for Tuesday (November 18) to discuss the terms of the JV.<\/p>\n<p>Both parties will fund the JV company in proportion to their ownership share after the earn-in period.<\/p>\n<p><em><\/em><strong>Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>East Star Resources (LSE:EST) and Endeavour Exploration announced they have entered into a binding earn-in and joint venture (JV) agreement to advance gold exploration in Kazakhstan. Endeavour Exploration, a subsidiary of top gold producer Endeavour Mining (LSE:EDV,TSX:EDV,OTCQX:EDVMF), will have the right to earn up to an 80 percent interest in a new JV company via&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/4754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/comments?post=4754"}],"version-history":[{"count":0,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/4754\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media\/4755"}],"wp:attachment":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media?parent=4754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/categories?post=4754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/tags?post=4754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}