Endomines gold production Q3 2014

Endomines AB publishes its third quarter 2014 (ending September 30, 2014)
production results for its Pampalo Operations in Eastern Finland. The operation
produced 210.9 kg (6,781 oz) of gold during the third quarter.

Pampalo Production Results[1]:

Key production     Q1    Q2-2013  Q3-2013  Q4-2013  Q1-2014  Q2-2014  Q3-2014
figures by       -2013
quarter
Milled ore       58,856  80,939   93,460   96,328   107,866  104,688  95,583
(tonnes)
Head grade (Au    3.5      2.3      3.0      2.6      2.0      2.3      2.7
gram/tonne)
Gold recovery     88.4    86.7     82.6     82.8     81.6     80.3     81.6
(%)
Hourly            88.8    92.7     92.7     87.5     94.6     95.7     93.7
utilization (%)
Gold production  180.4    168.1    228.5    213.0    176.0    195.7    210.9
(kg)
Gold production  5,800    5,405    7,346    6,848    5,659    6,292    6,781
(oz)
LTIFR[2] (12       9        0        8        8       11       16       23
months rolling)

The gold production during the quarter was in line with the target despite that
milled ore was slightly lower than planned. The hourly utilization rate in the
mill was again good and amounted to 93.7%.

The production for the first nine months was 582.6 kg gold or in line with last
year. The production guidance for 2014 remains as previously announced and is in
line with 2013 gold production (790 kg).

The financial results for January – September 2014 will be published on October
28, 2014.

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

Or visit the Company´s home page: www.endomines.com

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 October 7th, 2014.

About Endomines AB
Endomines is conducting exploration as well as mining activities along the 40
kilometer extended Karelian Gold Line. Endomines is controlling, based on
decisions from relevant authorities, the exploration rights for the entire area.

The Company´s first mine, Pampalo, was started in February 2011. During 2014
production from the open pit at Rämepuro was commenced and the Company is now
planning to start mining of the gold deposit at Hosko. The ore from Hosko, as
for Rämepuro ore, will be treated at Pampalo mill, at the center of the Karelian
Gold Line.

The Company operates under a regime of sustainable principles and with a
business practice to minimize the impact to the environment.

Endomines applies SveMin's & FinnMin's respective rules for reporting (public
mining & exploration companies). The Company has 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 Stockholm under ticker ENDO and
on NASDAQ Helsinki under ticker ENDOM. Pareto Securities acts as Liquidity
Provider in Stockholm.

________________________________________________________________________________

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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[1] Production figures for Q3/2014 are partly based on company own assaying and
not confirmed by any external laboratory. Figures are individually rounded off.

[2] LTIFR = The Lost Time Injury Frequency Rate is based on reported lost time
injuries on a rolling 12-month bases resulting in one day/shift or more off work
per 1,000,000 hours worked. LTIFR has been calculated for the whole company
including contractors