From the EU’s most easterly gold mine, Endomines has reported the results of the exploration drilling program which has been completed at the Pampalo gold mine (IM, July 2012, p13) concession area in 2013, in Ilomantsi municipality, in Eastern Finland. There are robust and encouraging intersections of gold bearing zones from the area north of the Pampalo open pits (P-299 31.6 m @ 2.6 g/t Au, P-306 11.0 m @ 2.4 g/t Au, P-312 10 m @ 2.3 g/t Au, P-319 87 m @ 3.1 g/t Au and P-322 6 m @ 4.1 g/t Au).

The mineral rights of the Pampalo mining area are fully owned by the company.

The drilling has identified two previously unknown lode structures with significant grades. The eastern mineralisation is called the Lietoja-zone and the western mineralisation is called the D-zone. These new discoveries are the result of detailed drilling, structural investigation and surface mapping and do establish a new structural/gold-mineralisation model for the broader area of Pampalo.

The upper part of the Lietoja zone is located within the planned Pampalo East pit. The mineralisation continues at least 120 m down dip. The D zone continues at least 80 m down dip. At the Pampalo mine mine the gold occurs within three zones that have been investigated by means of detailed diamond drilling down to about 550 m depth. Exploration drilling further down indicates that the mineralisation continues to at least 700 m depth.

Results include all assays received up to January 31, 2014, totalling 1,916 m. A total of 994 samples have been drilled and so far results from 558 samples have been received.

“These results are in accordance with what we have been expecting. We have been quite confident that there are more gold mineralisations in the Pampalo area that will strengthen the future development of the operations. The recently established structural model may yield additional resources and reserves at Pampalo and prolong the life expectancy of the mine”, comments Markus Ekberg, CEO of Endomines.

Endomines is a Nordic mining and exploration company with its first operating gold mine in production since February 2011. The mine is located in Eastern Finland, on the Karelian Gold Line, a 40 km long gold critical belt, where Endomines controls all currently known gold deposits.