Additional drilling towards satellite deposits located along Karelian Gold Line shows high gold grades



The press release including tables can be downloaded from the
following link: Press release (PDF)

  * New drill holes which has been drilled towards satellite deposits
    Pampalo NW, Muurinsuo, Kuittila and Kuivisto East hit the gold
    mineralized zones with significant gold contents.

Pampalo NW
  * 4,7 gram gold/tonne (5,7 m in P 146)
Muurinsuo
  * 2,7 gram gold/tonne (3,8 m in MU- 22)
  * 6,7 gram gold/tonne (4,8 m in MU- 23)
  * 2,9 gram gold/tonne (4,5 m in MU- 24)
Kuittila
  * 4,8 gram gold/tonne (5,2 m in KT- 2)
  * 21,2 gram gold/tonne (0,5 m in KT- 4)
  * 5,8 gram gold/tonne (1,6 m in KT- 5)
Kuivist East
  * 2,4 gram gold/tonne (0,6 m in KU- 1)
  * 25,5 gram gold/tonne (0.9 m in KU- 11)
(core section's length and drillhole ID in parentheses)


In Karelian Gold Line's five satellites have a total of 23 new
additional holes drilled (2 220 m) during the first drilling
programme of 2008. The core drilling was carried out in sections with
mutual distance of 10-50 m. Mineralised zones with interesting gold
contents hits with drill holes in all mineralization except in
Sivakko (tabell 1-4). Significant gold grades were assayed from the
core of 15 of the drilled holes. The mineralization's strikes are
open to north, south and downwards.

The explored mineralisations are located in the Karelian Gold Line
near the Pampalo mine with the planned central beneficiation plant.
The new afdditional results will improve the quality of the planned
mineral resource calculations' update and the planned stoping plan
for these areas.

Table 1.
Pampalo NW: Gold contents in mineralised core sections and other
drill hole information of the additional holes drilled by Endomines *

Table 2.
Muurinsuo: Gold contents in mineralised core sections and other drill
hole information of the additional holes drilled by Endomines *

Table 3.
Kuittila: Gold contents in mineralised core sections and other drill
hole information of the additional holes drilled by Endomines *

Table 4.
Kuivisto East: Gold contents in mineralised core sections and other
drill hole information of the additional holes drilled by Endomines *"Because of the positive results the Company plans to continue to
develope these mineralization aiming to define the mineable ore
reserves according to JORC code", says Timo Lindborg, CEO of
Endomines AB.


The information in this press release is based on the assay results
from the independent accredited laboratory Labtium Ab. Endomines'
chief geologist Jaakko Liikanen has put the tables and information in
this press release together. Jaakko Liikanen owns shares in Endomines
AB and is authorised as"Qualified Person" of SveMin and FAERI.


For further information, please, contact:

Timo Lindborg, Chief Executive Officer
phone: +46-8-611 66 45, mobile: +358-40-50 83 507


Endomines AB (publ) explores mineral deposits in Finland. The Company
owns mining permits or claims over all the known gold deposits along
the Karelian Gold Line, Pampalo mine among others wherein the Company
aims at starting the operation in 2009. In addition, Endomines has
claims for more gold deposits in Finnish Lapland. Besides gold, the
Company is focusing on industrial mineral ilmenite which seems to
have stable demand growth and price development. These ilmenite
deposits exist in Central Ostrobothnia.

Endomines applies SveMin's and FAERI's common reporting rules for
public mining and exploration companies. Endomines has decided to
show the mineral resources according to the internationally accepted
JORC or NI 43101 code. Endomines applies International Financial
Reporting Standards (IFRS) as the reporting standards for account
principles and annual accounts practice. The use of IFRS helps to
compare the Company with foreign exploration and mining companies.

Read more about Endomines' press releases from
http://www.endomines.com/news.php

Attachments

Press release PDF