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Published: 2024-01-10 14:00:00 CET
Endomines Finland Oyj
Inside information

Inside Information: Endomines reports new high-grade drilling results from Pampalo

Endomines Finland Plc – Inside Information – 10/1/2024, at 15.00 EET

 

Inside Information: Endomines reports new high-grade drilling results from Pampalo

Endomines reports new drill results from the underground core drilling program carried out in the autumn 2023 at the Pampalo Gold Mine. The drill program consisted of seventy-four diamond drill holes for a total of 6 796 m. The majority of the drill holes were part of the infill drilling campaign, targeting the planned production area between the 875 and 955 mine levels, representing 80 vertical meters in the mine. In addition, a total of 6 drill holes were targeted below the 955 mine level to confirm the continuation of the mineralized lodes to deeper levels. All the assay results have now been received.

 

Highlighted drill results include:

  • T-1948 intersected 13.5 meters at 18.2 g/t gold (9.5 g/t when capped at 20 g/t), including 3.9 meters at 46.3 g/t gold
  • T-1910 intersected 7.4 meters at 24.5 g/t gold (7.5 g/t when capped at 20 g/t), including 0.8 meters at 146.0 g/t gold
  • T-1902 intersected 6.5 meters at 22.9 g/t gold (14.8 g/t when capped at 20 g/t)
  • T-1886 intersected 9.8 meters at 12.0 g/t gold (10.6 g/t when capped at 20 g/t), including 0.4 meters at 29.4 g/t gold
  • T-1907 intersected 7.0 meters at 14.5 g/t gold (12.0 g/t when capped at 20 g/t), including 1.0 meters at 36.0 g/t gold

The previous release reporting drill results for the same area was published on the 4th of September 2023. The new infill results reported here confirm the grades and shapes of the ore lenses in the planned production area and also provide detailed data for the mineral resource update and mine planning. The deeper holes, targeted below the 955-mine level, verify the continuation of the deposit at least below the 1095 mine level.

A new resource estimate update, including all the new results, is being prepared and the mine plan will be updated accordingly. The next underground drilling program is planned to start in the spring 2024.

 

"The drilling results at the Pampalo underground mine look extremely good. For example, a result of 13.5 meters at 18.2 g/t gold is a result that is rarely seen in drilling results. This drilling program confirms our understanding that the mineralisation continues deeper, and the gold grade continues at high levels. I would like to thank our professional team for their great job" comments Kari Vyhtinen, the CEO of Endomines. 

 

The most interesting new drill intersections from the underground drilling program are presented in the figure below and complete drill results are presented in Table 1.

Figure1.jpg.jpeg

 

Table 1: Diamond core drilling results 2023 from Pampalo underground mine at Karelian Gold Line, Finland

Hole ID

Northing

Easting

Elevation

Azimuth
(°)

Dip
(°)

Length
(m)

From
(m)

To
(m)

Down hole
length (m)

True Width (m)

Au
(g/t) uncapped

Au
(g/t) capped*

T-1875

6157.8

10090.8

-862.9

26.9

-63.1

152.1

38.0

38.8

0.8

0.2

2.1

 

 

           

114.1

116.0

1.9

0.6

1.6

 

 

           

120.0

121.0

1.0

0.3

1.3

 

 

           

124.0

125.8

1.8

0.5

7.0

 

 

           

129.5

130.5

1.0

0.3

1.1

 

 

           

147.0

148.0

1.0

0.3

2.0

 

T-1876

6157.0

10090.0

-862.7

45.7

-66.3

131.0

96.9

97.8

0.8

0.4

3.0

 

 

           

100.9

106.1

5.1

2.3

7.1

 

 

         

Including

102.7

103.6

0.9

0.4

19.1

 

 

           

119.5

124.0

4.5

2.0

17.2

14.1

T-1877

6157.9

10090.1

-862.9

43.2

-56.0

127.2

112.8

120.0

7.2

3.7

10.2

10.0

 

         

Including

115.0

116.0

1.0

0.5

21.2

20.0

 

           

125.1

125.7

0.6

0.3

2.4

 

T-1878

6159.2

10091.2

-862.7

47.5

-51.9

114.1

76.0

77.9

1.8

1.3

3.0

 

 

           

102.0

110.4

8.4

6.0

1.7

 

T-1879

6159.3

10091.1

-862.7

44.4

-45.2

118.8

98.2

109.0

10.8

8.0

4.3

 

 

         

Including

102.0

104.0

2.0

1.5

12.5

 

T-1880

6157.1

10089.3

-862.8

53.8

-74.8

125.8

101.0

107.8

6.8

2.7

3.6

 

 

         

Including

102.0

103.0

1.0

0.4

16.3

 

 

           

114.9

116.1

1.2

0.5

5.0

 

 

           

66.5

68.1

1.6

0.7

3.4

 

T-1881

6159.3

10091.1

-862.8

54.1

-61.5

111.9

71.0

81.0

10.0

5.6

4.6

 

 

         

Including

72.0

73.1

1.1

0.6

12.1

 

 

           

90.0

91.0

1.0

0.6

1.1

 

 

           

95.1

96.0

1.0

0.5

1.2

 

 

           

104.4

106.1

1.7

0.9

3.1

 

 

           

54.0

55.0

1.0

0.6

2.0

 

 

           

82.1

83.3

1.2

0.6

1.4

 

T-1882

6159.3

10091.2

-862.7

52.1

-42.9

94.3

85.4

94.3

8.9

7.2

2.6

 

 

         

Including

86.4

87.3

0.9

0.7

10.1

 

 

           

65.0

69.0

4.0

3.3

2.3

 

 

           

73.4

74.0

0.6

0.5

1.5

 

T-1883

6159.2

10091.1

-862.3

55.2

-57.4

97.0

84.3

87.0

2.7

1.6

5.0

 

 

         

Including

86.0

87.0

1.0

0.6

12.0

 

 

           

91.7

93.5

1.8

1.1

4.0

 

T-1884

6150.3

10089.5

-862.4

56.9

-40.9

100.7

84.0

88.1

4.1

3.5

21.8

16.3

 

           

90.7

91.6

0.8

0.7

2.2

 

T-1885

6150.2

10089.4

-862.7

54.8

-54.2

95.5

60.0

70.7

10.7

6.7

3.5

 

 

         

Including

64.2

65.2

1.0

0.6

13.1

 

 

           

84.7

85.7

1.0

0.6

3.7

 

 

           

89.6

94.5

4.9

3.1

2.9

 

T-1886

6150.2

10089.3

-862.7

53.9

-65.8

108.2

75.3

85.1

9.8

5.0

12.0

10.6

 

         

Including

77.8

78.6

0.8

0.4

29.4

20.0

 

           

102.0

104.0

2.0

1.0

2.1

 

T-1887

6149.7

10088.6

-862.8

97.2

-80.7

125.8

96.0

97.0

1.0

0.4

1.2

 

 

           

101.8

102.8

1.0

0.4

6.6

 

 

           

108.9

114.0

5.1

2.1

5.0

 

 

 

 

 

 

 

 

117.6

118.4

0.9

0.3

2.4

 

Hole ID

Northing

Easting

Elevation

Azimuth
(°)

Dip
(°)

Length
(m)

From
(m)

To
(m)

Down hole
length (m)

True Width (m)

Au
(g/t) uncapped

Au
(g/t) capped*

T-1888B

6150.0

10089.4

-862.4

62.4

-42.5

96.1

34.3

35.3

1.0

0.8

1.4

 

 

           

70.0

71.2

1.2

0.9

1.2

 

 

           

76.0

80.6

4.6

3.6

6.6

 

 

           

82.8

83.5

0.8

0.6

1.7

 

T-1889

6150.3

10089.6

-861.7

63.9

-19.5

72.4

54.0

57.0

3.0

2.9

6.9

 

 

         

Including

54.0

55.0

1.0

1.0

19.4

 

 

           

59.4

65.7

6.3

6.2

5.2

 

 

         

Including

60.8

61.9

1.1

1.1

12.5

 

T-1890

6150.2

10089.4

-862.7

64.7

-54.2

94.6

54.7

65.2

10.5

7.4

5.7

 

 

         

Including

62.0

63.0

1.0

0.7

13.7

 

 

           

75.1

77.6

2.5

1.8

2.8

 

 

           

82.2

84.2

2.0

1.4

3.4

 

 

           

91.0

92.0

1.0

0.7

1.0

 

T-1891

6147.6

10089.1

-862.4

67.7

-46.9

92.9

50.2

54.9

4.7

3.7

18.2

11.5

 

         

Including

53.0

54.0

1.0

0.8

41.4

20.0

 

           

72.6

73.4

0.9

0.7

1.2

 

 

           

79.7

81.0

1.3

1.1

2.7

 

T-1892

6147.6

10089.1

-862.2

68.1

-40.3

84.5

57.6

59.4

1.8

1.5

4.6

 

 

           

61.4

62.2

0.8

0.7

4.3

 

 

           

68.2

74.3

6.1

5.1

3.0

 

 

         

Including

71.0

72.1

1.1

0.9

11.4

 

 

           

76.9

78.7

1.9

1.6

2.3

 

T-1893

6147.4

10088.5

-862.8

71.2

-62.9

92.8

63.9

73.2

9.4

5.9

3.0

 

 

         

Including

67.0

68.0

1.0

0.6

7.3

 

 

           

85.8

88.9

3.1

1.9

1.4

 

T-1894

6147.7

10089.2

-861.8

72.2

-31.5

84.5

63.2

70.0

6.8

6.2

3.6

 

 

           

72.4

73.5

1.2

1.0

1.9

 

T-1895

6147.6

10089.2

-862.0

69.4

-24.2

81.5

66.7

70.2

3.5

3.4

5.4

 

 

         

Including

67.7

68.7

1.0

1.0

13.5

 

T-1896

6147.6

10089.1

-862.5

73.4

-51.5

80.6

48.0

51.9

3.9

3.0

0.8

 

 

           

55.2

61.0

5.9

4.5

4.1

 

 

         

Including

56.4

57.4

1.0

0.8

14.8

 

 

           

67.0

68.2

1.2

0.9

2.0

 

 

           

74.0

75.0

1.0

0.8

2.9

 

T-1897

6147.7

10089.2

-862.0

79.1

-32.8

84.5

48.4

56.0

7.6

7.1

11.5

9.3

 

         

Including

49.2

51.0

1.8

1.7

29.1

20.0

 

           

59.8

66.0

6.2

5.8

2.8

 

T-1898

6156.6

10092.3

-862.0

98.8

-23.9

72.3

42.2

44.0

1.8

1.8

1.5

 

 

           

47.0

50.0

3.0

2.9

2.0

 

 

           

55.0

58.0

3.0

2.9

1.2

 

 

           

60.8

61.6

0.8

0.7

2.7

 

T-1899

6156.6

10092.3

-862.3

99.3

-35.0

81.3

26.0

27.0

1.0

0.9

1.1

 

 

           

42.0

44.0

2.0

1.9

3.3

 

 

           

53.7

54.4

0.7

0.6

5.4

 

 

 

 

 

 

 

 

57.7

58.8

1.1

1.0

2.4

 

Hole ID

Northing

Easting

Elevation

Azimuth
(°)

Dip
(°)

Length
(m)

From
(m)

To
(m)

Down hole
length (m)

True Width (m)

Au
(g/t) uncapped

Au
(g/t) capped*

T-1900

6156.6

10092.2

-862.5

98.9

-46.6

74.8

42.3

50.5

8.2

6.9

9.0

6.8

 

         

Including

43.2

45.1

1.8

1.6

29.8

20.0

 

           

55.5

56.8

1.3

1.1

9.9

 

 

           

59.0

60.0

1.0

0.8

18.5

 

 

           

64.7

66.8

2.1

1.8

1.2

 

 

           

48.2

49.0

0.8

0.7

6.3

 

T-1901

6156.6

10092.0

-862.8

102.1

-54.6

76.0

52.0

54.0

2.0

1.5

9.9

 

 

           

68.8

69.6

0.8

0.6

2.6

 

T-1902

6156.7

10091.7

-862.8

109.3

-61.5

82.5

47.1

48.5

1.4

0.9

1.3

 

 

           

59.2

65.7

6.5

4.2

22.9

14.8

 

           

74.5

77.4

3.0

1.9

1.9

 

T-1903

6156.7

10091.6

-862.8

108.4

-65.5

89.9

68.3

70.8

2.5

1.5

13.8

7.9

 

         

Including

70.1

70.8

0.7

0.4

41.0

20.0

 

           

77.7

79.7

2.0

1.2

3.0

 

T-1904

6153.4

10091.1

-862.5

110.8

-43.8

72.4

45.1

54.0

8.9

7.3

2.9

 

 

         

Including

50.0

51.0

1.0

0.8

7.0

 

T-1905

6153.4

10090.9

-862.5

121.0

-72.7

90.1

79.0

84.1

5.1

2.3

1.4

 

T-1906

6153.3

10091.2

-862.3

123.4

-37.3

75.1

49.0

54.2

5.3

4.1

5.7

 

 

         

Including

52.2

53.2

1.1

0.8

12.6

 

 

           

62.0

66.9

4.9

3.8

2.4

 

 

           

71.8

73.0

1.2

0.9

1.5

 

T-1907

6153.4

10091.1

-862.5

124.7

-44.4

73.9

51.0

58.0

7.0

5.0

14.5

12.0

 

         

Including

54.0

55.0

1.0

0.7

36.0

20.0

T-1908

6153.5

10090.9

-862.6

125.9

-51.1

78.1

56.9

61.3

4.5

2.9

5.1

3.8

 

         

Including

61.0

61.3

0.3

0.2

36.3

20.0

T-1909

6153.7

10090.8

-862.6

125.9

-56.0

83.3

64.7

68.9

4.2

2.6

10.3

3.4

 

         

Including

64.7

65.2

0.5

0.3

84.7

20.0

T-1910

6153.3

10091.3

-861.9

129.0

-26.9

78.3

48.1

55.5

7.4

5.6

24.5

7.5

 

         

Including

53.5

54.5

1.0

0.8

146.0

20.0

 

           

64.0

67.0

3.0

2.3

1.9

 

T-1911

6016.6

10043.9

-882.0

21.0

-41.9

312.0

288.6

302.4

13.8

4.4

4.8

 

 

         

Including

299.0

299.9

0.9

0.3

14.0

 

T-1912

6016.6

10043.9

-882.0

22.4

-35.5

232.3

204.0

216.2

12.3

4.4

4.9

4.4

 

         

Including

212.8

213.6

0.8

0.3

28.2

20.0

T-1913

6018.5

10047.2

-881.6

44.4

-41.8

121.6

114.0

117.8

3.8

2.4

7.7

7.7

 

         

Including

115.0

116.0

1.0

0.6

20.1

20.0

T-1914

6018.5

10047.2

-881.6

54.5

-36.2

118.6

90.2

94.2

4.0

3.0

2.5

 

 

           

97.3

99.7

2.4

1.8

12.0

10.7

 

           

105.0

108.0

3.0

2.3

3.7

 

 

         

Including

106.0

107.0

1.0

0.8

8.9

 

T-1915B

6018.0

10047.2

-881.7

56.2

-44.6

100.9

92.1

97.5

5.4

3.9

14.0

6.6

 

         

Including

93.1

93.6

0.5

0.4

100.4

20.0

T-1916B

6018.0

10047.2

-881.7

69.0

-38.0

90.4

79.0

87.4

8.4

7.2

9.2

5.4

 

         

Including

85.4

86.5

1.2

1.0

48.1

20.0

T-1917

6018.0

10047.2

-881.7

75.7

-45.1

92.7

83.0

86.2

3.2

2.7

0.9

 

T-1918

6017.5

10047.1

-881.7

73.5

-31.9

87.6

76.8

78.2

1.4

1.3

10.2

 

 

           

80.8

81.8

1.0

0.9

5.8

 

T-1919

6017.5

10047.1

-881.7

73.9

-24.3

84.4

74.6

79.6

5.0

4.7

6.3

 

 

 

 

 

 

 

Including

78.6

79.6

1.0

0.9

14.3

 

Hole ID

Northing

Easting

Elevation

Azimuth
(°)

Dip
(°)

Length
(m)

From
(m)

To
(m)

Down hole
length (m)

True Width (m)

Au
(g/t) uncapped

Au
(g/t) capped*

T-1920

6017.5

10047.1

-881.7

71.8

-16.8

83.6

73.1

75.6

2.5

2.4

6.4

4.5

 

           

78.3

79.0

0.7

0.7

14.6

 

T-1921B

6017.0

10047.1

-881.7

83.0

-35.2

84.0

77.0

78.0

1.0

0.9

44.7

20.0

T-1922

6017.0

10047.1

-881.7

80.5

-17.7

80.4

71.1

72.2

1.1

1.1

6.0

 

 

           

74.6

77.6

3.1

3.0

1.8

 

T-1923

6017.0

10047.1

-881.7

87.5

-24.3

80.6

71.0

79.3

8.3

8.1

3.6

 

 

         

Including

76.5

77.3

0.8

0.8

14.1

 

T-1924

6017.0

10047.1

-881.7

89.1

-14.0

81.0

70.3

71.9

1.6

1.6

11.0

 

 

           

75.1

77.2

2.1

2.0

4.8

 

T-1925

6010.0

10046.5

-882.0

88.4

-14.7

84.5

70.8

72.6

1.8

1.7

4.2

 

 

           

76.3

77.4

1.1

1.1

22.5

20.0

T-1926

6010.0

10046.5

-882.0

92.9

-32.4

81.4

75.2

77.1

1.9

1.8

2.2

 

 

           

80.8

81.4

0.7

0.6

1.5

 

T-1927

6009.6

10046.4

-882.0

98.2

-13.3

93.5

72.6

75.4

2.8

2.7

8.3

 

T-1928

6009.6

10046.4

-882.0

99.3

-22.3

84.0

73.0

75.0

2.0

2.0

3.4

 

T-1929

6009.6

10046.4

-882.0

103.3

-10.0

87.2

74.1

77.0

2.9

2.8

6.3

 

T-1930

6009.1

10046.4

-882.1

114.4

-19.2

89.4

76.2

79.0

2.8

2.5

1.9

 

T-1931

6009.1

10046.4

-882.1

120.1

-10.9

87.1

79.0

81.4

2.4

2.1

2.1

 

T-1932

6009.1

10046.4

-882.1

124.3

-2.7

96.1

83.3

85.5

2.2

1.8

3.3

 

T-1933

6147.4

10088.5

-862.8

128.8

-70.6

92.1

81.0

82.0

1.0

0.4

3.8

 

T-1934

6147.4

10088.5

-862.8

123.0

-64.4

86.8

70.1

74.6

4.5

2.5

1.8

 

T-1935

6146.9

10089.2

-862.0

130.1

-44.3

81.1

59.8

64.5

4.7

3.1

14.8

7.7

 

         

Including

61.0

62.0

1.0

0.7

53.3

20.0

T-1936

6147.4

10088.5

-862.8

153.7

-59.9

89.1

82.9

83.5

0.6

0.2

1.0

 

T-1937

6146.9

10089.2

-862.0

139.1

-45.1

78.0

64.6

66.4

1.8

1.0

2.7

 

T-1938

6017.9

10044.0

-882.1

40.4

-33.5

119.4

110.0

115.0

5.0

3.0

9.1

 

T-1940

6018.2

10044.6

-882.1

51.4

-31.9

101.0

93.1

99.7

6.6

4.9

7.5

6.7

 

         

Including

98.2

98.8

0.6

0.4

28.5

20.0

T-1941

6017.6

10044.9

-882.0

55.4

-30.7

97.8

88.0

94.2

6.2

4.9

10.2

7.5

 

         

Including

92.7

93.5

0.8

0.6

34.8

20.0

T-1942

6071.5

10095.7

-893.7

60.8

-66.6

43.8

31.0

33.9

2.9

1.6

11.3

11.2

 

           

36.2

38.0

1.9

1.0

5.3

 

T-1943

6071.5

10095.7

-893.7

66.8

-56.5

37.3

23.3

30.0

6.8

4.6

5.9

 

T-1944

6071.7

10096.0

-893.5

68.8

-43.5

34.2

19.7

24.8

5.2

4.2

3.3

 

T-1945

6071.8

10096.2

-893.0

70.1

-25.2

34.3

17.0

21.4

4.4

4.1

2.8

 

 

           

25.2

27.8

2.6

2.4

2.4

 

T-1946

6071.4

10096.1

-893.7

96.1

-49.4

33.3

4.0

5.0

1.0

0.8

1.6

 

 

           

18.3

24.8

6.6

5.4

4.8

 

T-1947

6071.2

10096.3

-892.1

125.1

-44.9

36.3

21.7

25.1

3.4

2.4

5.9

 

 

           

27.5

28.3

0.8

0.5

28.7

20.0

T-1948

6071.2

10096.3

-892.1

131.6

-62.0

46.3

29.6

43.1

13.5

6.9

18.2

9.5

 

         

Including

38.3

42.2

3.9

2.0

46.3

16.3

T-1949

6063.9

10097.4

-891.9

126.4

-51.1

38.3

25.3

34.6

9.4

6.1

6.1

5.0

 

 

 

 

 

 

Including

28.0

29.0

1.0

0.7

30.0

20.0

Note: Coordinates are in the local Mine Grid. A lower cut-off of 1.0 g/tonne Au and a maximum of 2 m internal dilution was used for reporting. *Assay results capped at 20 g/t gold (Based on the geostatistical analysis and the recorded production data from the mine).

 

Drilling technical

All underground drilling has been carried out by Comadev Oy, using BQTK tubes, resulting in a core of 40.7 mm in diameter. Drill hole locations, start azimuths and -dips have been surveyed by using mine survey equipment. A downhole survey of bearing and dip deviations has been done by using the Reflex Gyro survey tool. All core has been oriented with Reflex ACT equipment.

 

Assay and QA/QC procedures

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 the 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.

 

Competent Person

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 and owns 2,000 shares in Endomines.

 

 

Endomines Finland Plc

 

 

Further information

Kari Vyhtinen, CEO Endomines Finland Plc

kari.vyhtinen@endomines.com, +358 40 585 0050

 

Jani Rautio, Head Geologist Endomines Finland Plc

jani.rautio@endomines.com, +358 50 593 0812

 

 

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations focus on gold production and exploration in the Karelian gold line, in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by transforming natural resources into wealth, an investment that withstands the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most significant and sustainable gold-producing regions in the world. Endomines is listed on the main list of OMX Helsinki (PAMPALO). www.endomines.com.


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