Endeavour Mining Corporation announced it met 2011 production targets with fourth quarter gold production of 24,010 ounces from its Nzema operations in Ghana and 21,586 ounces from its Youga operations in Burkina Faso. Total annual production for 2011 was 177,290 ounces of gold at a cash cost per ounce of $614 (excluding royalties), comprised of 90,026 ounces from Nzema and 87,264 ounces from Youga. During 2011, the on-going exploration programs were successful and Youga's mine life has been extended to 7.3 years; Nzema's exploration results are currently being finalized For 2012, Endeavour expects production to be in the range of 170,000 to 190,000 ounces at a cash cost per ounce (excluding royalties) of $645 to $685, with additional near-term production growth of approximately 100,000 ounces per year anticipated from its Agbaou Gold Project. Endeavour's 2012 exploration budget of $30 million includes over 200,000 metres of drilling with objectives including resource delineation at its two mines, testing of multiple additional targets within the mine permit areas, resource expansion on two development projects, and early stage exploration of key properties in Burkina Faso, Cote d'Ivoire, Ghana, Liberia, and Mali.