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Friday, 30th January 2009 (1129 views)

Endomines has stated that it has discovered high gold contents in significant widths at the Pampalo deposit of its mine in Finland.

The company's core drilling programme, which commenced in February 2008, has further increased its indicated mineral resources.

Drilling highlights include the discovery of 22.4m at 12.9 g/t gold from hole T-522 and 7.1m in core at 23.6 g/t gold from hole T-492.

Core drilling on the property was conducted from a new ramp and auriferous zones were found in almost every drillhole, with significant widths and gold contents discovered in the mineralised core sections of some holes.

Timo Lindborg, Endomines chief executive, commented: "These areas with high gold contents in the deeper parts of the deposit Pampalo will be a good contribution for the profitability of the planned mining."

Focused on exploring mineral deposits in Finland, Endomines has mining permits or claims over all know gold deposits along the Karelian gold line and claims for further gold deposits in Finnish Lapland.

 

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