Duyuru • Jul 25
Endomines Reports Significant Finding from Karelian Gold Line Exploration Endomines has made a significant finding of mineralization zone from the Kuittila area in the Karelian Gold line. The findings concern drill hole KT-007 which intercepted 18.0 m at 5.0 g/t gold, 173.6 g/t silver, 1.2 % lead and 0.8 % zinc, 0.1 % copper and 0.02 % molybdenum. Highlights of the KT-007 drill hole results: 18.00 m @ 5.0 g/t gold, 173.6 g/t silver, 1.2 % lead, 0.8 zinc, 0.1 % copper and 0.02 % molybdenum ?Including 4.3 m @ 12.2 g/t gold, 413.4 g/t silver, 3.2 % lead, 2.1 % zinc, 0.3 % copper and 0.01 % molybdenum. Including 1.2 m 19.8 g/t gold, 481.0 g/t silver, 4.5 % lead, 1.7 % zinc, 0.2 % copper and 0.02 % molybdenum. Drill hole intercepted the mineralization from 12.9 m to 30.9 m, approximately 10 vertical meters from the surface. Endomines has decided to extend the planned 2000 m Kuittila drilling program to further define the mineralization in the area. Endomines is currently working on defining the geometry of this multi-metal mineralisation. The possible down-plunge continuity of this intercept represents a significant exploration potential that will be investigated during the coming weeks. The Kuittila gold deposit was discovered by GTK in 1984. There are no significant silver-zinc-lead-copper results reported from any of the historical drill holes. The highest grade historical gold intersection from Kuittila is in the drill hole M424486R309 that has an intersection of 1.0 m at 19.4 g/t gold. Kuittila has a historical mineral resource of 275 000 tonnes at 2.6 g/t gold, totaling 23 000 oz (GTK 1989). Kuittila is located 25 km south of Pampalo. The Karelian Gold Line is 40-kilometer-long, a gold prospective portion of the Ilomantsi greenstone belt located in Eastern Finland approximately 500 kilometers northeast of Helsinki. The area hosts several gold deposits, the large known being Pampalo. The Pampalo mine has produced 190,000 ounces of gold at an average grade of 3.6 g/t. Endomines controls 100% of the exploration rights covering over 100 km2 across the Karelian Gold Line. All surface drilling has been carried out by KDC Oy, using WL-66 tubes, resulting in core of 50.5 mm in diameter. Drill hole locations, have been surveyed by using mine survey equipment. Downhole survey of bearing and dip deviations have been completed with SPT GyroMaster survey tool. All core has been oriented with SPT CoreMaster equipment. Duyuru • May 25
Endomines Finland Plc Prepares to Start Gold Production in Hosko Endomines Finland Plc is preparing to start gold production in the Hosko area, located in the Karelian Gold Line, in early 2024. Hosko is located about 10 kilometres North of the Pampalo production site and is the next identified deposit on the Karelian gold line where gold production will start. Preliminary investments in infrastructure in the area will start in August 2023, and the production is expected to start in the first quarter of 2024. Gold ore from Hosko will be processed at the Pampalo production plant. The company expects Hosko to account for 10-30% of total production in 2024. Duyuru • May 23
Endomines Finland Oyj Completes Exploration Drilling Program At Korvilansuo and Reports First Drill Results Endomines announced the firstresults from the Korvilansuo exploration drilling program completed on the 15th of May, 2023. The program consisted of thirtyfive (35) diamond drill holes for a total of 5 076.8 m. Assay results have been received for four (4) diamond drillholes for a total of 609.2 m. Highlights: A 5 000 m exploration diamond drilling program completed at Korvilansuo. The first results include 0.80 m @ 15.1 g/t gold in the drill hole KVS-69 from 80.50 m. Drilling will continue in the Kuittila area where a 2 000 m program is planned. After Kuittila the exploration drilling continues atartitsa and Korvilansuo areas in 2023. The drill holes were targeted to a 1.5 km by 1 km area south-east of the Kuittila deposit. The area had multiple untested promising gold anomalies in historical base of till sampling completed by Geological Survey of Finland (GTK) in the 1990's. Also, some of the historical drill holes in the area with elevated gold intersections have not been followed up earlier. Korvilansuo is located approximately 20 km South ofampalo. This was the phase 1 drilling program at Korvilansuo and when all the results are received, the area will be modelled in 3D and the drilling will resume at Korvilansuo at the end of 2023. Further exploration is planned along the structure extending from Korvilansuo, towards South East, to the Kuittila gold deposit. The size of the exploration target area is approximately 3 km by 1 km. Drilling is continuing in the Kuittila area which a 2 000 m drilling program is planned. Assays from a further 31 drill holes will be received in the coming weeks. Assays from a further31 drill holes will be received in The coming weeks. Duyuru • Feb 16
Endomines Finland Plc Provides Production Guidance for the Financial Year 2023 Endomines Finland Plc provided production guidance for the financial year 2023. The company expects the production of gold to increase by 35%-55% at Pampalo from 2022. No production is expected to take place at the Friday mine. Duyuru • Feb 09
Endomines Finland Oyj to Report Fiscal Year 2022 Results on Feb 15, 2023 Endomines Finland Oyj announced that they will report fiscal year 2022 results at 1:00 PM, E. Europe Standard Time on Feb 15, 2023 Duyuru • Jan 04
Endomines Finland plc Reports New, High-Grade Drill Results At 1050 Meters Level, from the Pampalo Gold Mine Endomines Finland Oyj reported that is has intersected high grade gold at the 1050 m level in the Pampalo gold mine. An underground exploration drill hole (T-1827) was drilled as a part of the fall 2022 drilling campaign to confirm the continuation of the deposit to the depth. The drill hole T-1827 intersected 6.0 m grading 9.2 g/t gold and it proves that the mineralized zone continues at least 235 vertical meters downwards from the current production area, between the 755 m and 815 m mine levels. The deposit remains open at depth. In December 2022Endomines completed a 4509 m underground drilling campaign in Pampalo mainly to prepare the area between the 875 m and 815 m mine levels for mining. The drill core from the campaign is currently being geologically logged and assayed for gold. The remaining results are expected to be released during First Quarter 2023. The drill hole T-1827 verifies the continuation of the gold mineralized structure downwards but more drilling is needed to determine the economic viability of mining the area. The next underground drilling campaign is planned for spring 2023. All underground drilling has been carried out by Comadev Oy, using BQTK tubes, resulting in core of 40.7 mm in diameter. Drill hole locations, start azimuths and -dips have been surveyed by using mine survey equipment. Downhole survey of bearing and dip deviations have been done by using Reflex Gyro survey tool. All core has been oriented with Reflex ACT equipment. The drill cores have been logged by Endomines own personnel. The preparation and assaying of the underground drillings core samples have been carried out at Endomines laboratory in Pampalo, Finland or at the CRS Minlab Oy in Kempele, Finland. The sample procedure used at the laboratory was MPC's PAL1000 PULVERISE AND LEACH machine with AAS finishing. The used sample size was 500 g of crushed core. Normal QA/QC (Quality Assurance/Quality Control) procedures have been adhered to on all the samples, with standards, blanks and duplicates routinely submitted as part of the sampling program. The quality of sample preparation, security integrity and chemical assays was equal to, or exceeded, current industrial standards and the requirements of the JORC-code. This statement has been controlled by Eurogeologist Jani Rautio MSc (Geol) acting as a Qualified Person in compliance with the Fennoscandian Association for Metals and Mining Professionals, FAMMP, -standards. Jani Rautio is a full-time employee of Endomines. Duyuru • Dec 14
The Shares of Endomines AB on Nasdaq Stockholm Will Be Delisted on December 14, 2022 On November 30, 2022, Nasdaq Stockholm AB announced that it had approved an application from Endomines AB (publ) (the “Company”) to delist the Company’s shares from Nasdaq Stockholm conditional upon (i) the Swedish Companies Registration Office’s authorization to implement the merger plan between the Company and Endomines Finland Oyj, and (ii) Nasdaq Helsinki Oy’s approval of the shares of Endomines Finland Oyj for trading on Nasdaq Helsinki. On December 2, 2022, the Company issued a press release with information that the Swedish Companies Registration Office had granted authorization to execute the merger between the Company and Endomines Finland Oyj. On December 5, 2022, the Company issued a press release with information that Nasdaq Helsinki Oy had approved the shares of Endomines Finland Oyj for trading on Nasdaq Helsinki. Accordingly, and as previously announced, the shares of Endomines AB (publ) on Nasdaq Stockholm will be delisted on December 14, 2022. Duyuru • Nov 30
Endomines AB Applies for Delisting of Shares from Nasdaq Stockholm Endomines AB (publ) in accordance with what has previously been communicated, applied for delisting of Endomines AB's shares from Nasdaq Stockholm. The planned delisting is made in connection with Endomines' ongoing domicile change, carried out through a cross-border downstream merger, through which Endomines AB will merge into the wholly owned subsidiary Endomines Finland Plc ("Endomines Finland", jointly with Endomines AB, "Endomines"), which will continue as the surviving company (the "Merger"). In connection with the Merger, Endomines Finland's shares will be admitted to trading on Nasdaq Helsinki. As previously announced, it is not possible to list the shares in Endomines Finland on Nasdaq Stockholm after the completion of the Merger due to technical affiliation reasons in relation to Euroclear Sweden AB. Endomines Finland's shares will therefore only be admitted to trading on Nasdaq Helsinki following the completion of the Merger. The formal delisting application was submitted today,November 30, 2022, to Nasdaq Stockholm. The Merger is expected to be carried out on or about December 16, 2022 and Endomines Finland's shares are intended to be admitted to trading on Nasdaq Helsinki on December 30, 2022. Prior to the resolution to apply for the delisting, Endomines requested a statement from the Swedish Securities Council (Sw. Aktiemarknadsnämnden) whether the planned delisting of Endomines AB's shares was in accordance with good practice on the Swedish stock market. In the statement (AMN 2022:23), the Council concludes, based on the facts stated in the request, that an application for delisting of Endomines AB's shares from Nasdaq Stockholm will not, in the Council's opinion, violate good practice on the Swedish stock market. Duyuru • Nov 02
Endomines Discovers New Gold Mineralized Zone 20 Km North from Pampalo Endomines reported that it has discovered a new gold mineralized zone 5 km north of Hosko, in the northern part of the Karelian gold line. The Kartitsa drill program consisted of four (4) diamond drill holes for a total of 400.1 m. This was the initial drilling program in the area. The drilling program was a part of the regional exploration campaign started in August 2022. Drill hole KA-3 intersected 2.0 m @ 2.7 g/t gold, including 1.0 m @ 4.0 g/t gold The Kartitsa area is under-explored; the closest historical drill hole is located 4 km away, near the Hosko deposit More exploration drilling is planned to the area and follow-up drill holes along the strike of the discovered gold mineralized zone The drilled holes were testing the contact zone between the Kartitsa granite intrusion and the surrounding schist belt. In addition to the highlighted drill intersection broad gold mineralized zones (> 0.1 g/t) were detected in drill holes. The host rocks of the mineralization are weakly foliated granite and altered felsic volcanic rock. Gold seems to be associated with disseminated pyrite and occasional pyritestringers. Further exploration is planned along the contact zone of the Kartitsa granite intrusion and the structure continuing northwards of the Hosko deposit. The size of the exploration target area is approximately 5 km by 5 km. The exploration results presented here confirm the high exploration potential of the Karelian Gold Line and especially highlight the possibility of finding new gold mineralizations in the area. The exploration drilling program concentrating on targets along the Karelian Gold Line was started in August. Total amount of the planned drilling is approximately 4 000m for the year 2022. The rig is currently in the Pampalo mine area drilling the possible extensions of the Pampalo East deposit. Other exploration targets in 2022 are Pampalonlammit and Rämepuro. The Korvilansuo exploration program testing several historical geochemical till anomalies and following drill intersections from 1980's and 1990's is planned for early 2023. In Pampalo one underground drill rig is drilling infill drill holes to the area between the 815 and 875 mine levels. The drilling program consisting of 4,000 meters is progressing as planned. To date approximately 1200 meters has been drilled, and the program is expected to be finished by the end of the year. The results of the drilling program will be used in updating the resource estimate and the mine plan accordingly.