Endomines has received a Small Miners Exemption permit for the US Grant mining area in MontanaEndomines Finland Plc – Investor News – 28/10/2024, at 10:00 EET
Endomines has received a Small Miners Exemption permit for the US Grant mining area in Montana
Endomines has received confirmation from the US authorities for their Small Miners Exemption (SMES) application for the US Grant mining area in Montana. The SMES permit authorizes Endomines to engage in exploration in the US Grant gold and silver mining area and it is also an important part of the permitting process aiming for production.
“I am pleased that we received the Small Miners Exemption operating permit. The permit allows us to operate at US Grant for example by conducting exploration or producing gold and silver in the permitted area. However, Endomines is focusing on Finland according to our strategy and does not plan to invest in starting production at US Grant,” says Endomines CEO Kari Vyhtinen.
Endomines owns rights to seven gold mining sites in the United States: five in Idaho and two in Montana. In addition to US Grant in Montana, the company has an option to purchase the Kearsarge gold deposit. Endomines’ goal is to utilize the US deposits through a partnership model.
Further information:
Kari Vyhtinen, CEO, Endomines Finland Plc
kari.vyhtinen@endomines.com, +358 40 585 0050
Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.
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