Endomines Ore Reserve and Resource Estimate update

Endomines is making a public announcement of its updated ore reserves and
mineral resources estimates. The estimates have been prepared according to the
2012 Australasian Code for Reporting of Mineral Resources and Ore Reserves
(Joint Ore Reserve Committee - JORC-code). The updates have been prepared by
various authors (Geoconsulting Parkkinen Oy, Endomines - in house and others).
The update represents the production situation as of December 31st 2013.

Tables and detailed results can be found in the enclosed pdf-document and on
Endomines website.

Summary reports of the estimates will be made available on the company's web
site in due course.

“The conditions for the underground operations at Pampalo mine have become more
challenging as the mine has progressively been deepened. The most recent core
drilling has, as an example, resulted in previously interpreted larger ore
lenses to be broken up into smaller lenses. More rigorous planning parameters
and geostatistical estimate methods applied have also resulted in changes to the
grade and tonnage“, comments Markus Ekberg, CEO of Endomines AB.

A new resource and reserve estimate has been prepared for Hosko. Although the
mineralogy of Hosko resource is challenging, the company believes that, despite
the elevated arsenic content, the high grade parts of the Hosko deposit can be
mined and blended with Pampalo and other satellite deposit ore sources.

Although no new resource estimate has been prepared for the Korvilansuo-Elinsuo
-Muurinsuo-area the current results support our firm conviction that this area
has a real potential for growing into a significant and successful gold project.

This statement has been controlled by Dr Jyrki Parkkinen (PhD Geology) acting as
a Qualified Person in compliance with SveMin-FinnMin rules. Dr Parkkinen is
independent from the Company and he does not hold any shares in Endomines.


For further information, please contact:
Markus Ekberg
CEO of Endomines AB
tel. +358 40 706 48 50

or visit the Company´s website www.endomines.com

About Endomines AB:
Endomines AB 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 Karelian Gold Line, a 40 km long gold critical belt, where Endomines
controls all currently known gold deposits.

The company has several other gold and industrial mineral properties at various
stages of development. All Endomines’ mineral assets are located in Finland,
which is politically stable, has a highly developed infrastructure and is ranked
as one of the most favourable jurisdictions for the mining industry.

Endomines aims to increase shareholder value by developing its strong portfolio
of assets, as well as exploring new deposits on Karelian Gold Line and in
Finnish Lapland. The company will also consider new opportunities and
acquisitions for further growth.

The company’s business practices and mining operations are based on sustainable
principles and on minimizing the impact on the environment.

Endomines applies SveMin's & FinnMin's respective rules for reporting (public
mining & exploration companies). It has also chosen to report mineral resources
and ore reserves according to the JORC-code, which is the internationally
accepted Australasian code for reporting ore reserves and mineral resources.

The shares of Endomines AB are quoted on NASDAQ OMX Stockholm under ticker
ENDO.ST. Pareto Öhman acts as Liquidity Provider in Stockholm.

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This news release may contain forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties. The
Company's actual results, programs and financial position could differ
materially from those anticipated in such forward-looking statements as a result
of numerous factors, some of which may be beyond the Company's control. These
factors include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of mineral
properties, the interpretation of drilling results and other geological data,
the uncertainties of resource and reserve estimations, receipt and security of
mineral property titles; project cost overruns or unanticipated costs and
expenses, fluctuations in metal prices; currency fluctuations; and general
market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used
in the preparation of such statements, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.

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Endomines AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The
information was submitted for publication at 08:45 CET on April 2nd, 2014.