Endomines reports increased gold production in Q3/2015

Endomines AB publishes its third quarter 2015 (ending September 30, 2015)
production results for its Pampalo Operations in Eastern Finland. The operation
produced 153.1 kg (4,922 oz.) of gold during the third quarter 2015.
Key Production Results by quarter:

+-----------------+-------+-------+------+------+------+------+------+-------+
|Key figures by   |       |       |      |      |      |      |      |       |
|quarter and 2015 |       |       |      |      |      |      |      |       |
|YTD              |       |       |      |      |      |      |      |       |
+-----------------+-------+-------+------+------+------+------+------+-------+
|                 |  2 014|  2 014| 2 014| 2 014| 2 015| 2 015| 2 015|  2 015|
+-----------------+-------+-------+------+------+------+------+------+-------+
|                 |     Q1|     Q2|    Q3|    Q4|    Q1|    Q2|    Q3|  Q1-Q3|
+-----------------+-------+-------+------+------+------+------+------+-------+
|Milled ore       |107,866|104,688|95,583|87,205|76,089|85,738|90,143|251,970|
|(tonnes)         |       |       |      |      |      |      |      |       |
+-----------------+-------+-------+------+------+------+------+------+-------+
|Head grade (Au   |    2.0|    2.3|   2.7|   2.4|   2.1|   1.8|   2.0|    2.0|
|gram/tonne)      |       |       |      |      |      |      |      |       |
+-----------------+-------+-------+------+------+------+------+------+-------+
|Gold recovery (%)|   81.6|   80.3|  81.6|  82.9|  83.8|  84.1|  82.7|   83.5|
+-----------------+-------+-------+------+------+------+------+------+-------+
|Hourly           |   94.6|   95.7|  93.7|  89.8|  82.8|  91.5|  93.3|   89.2|
|utilization (%)  |       |       |      |      |      |      |      |       |
+-----------------+-------+-------+------+------+------+------+------+-------+
|Gold production  |  176.0|  195.7| 210.9| 179.3| 131.3| 126.6| 153.1|  411.0|
|(kg)             |       |       |      |      |      |      |      |       |
+-----------------+-------+-------+------+------+------+------+------+-------+
|Gold production  |  5,659|  6,292| 6,781| 5,765| 4,221| 4,069| 4,922| 13,212|
|(oz)             |       |       |      |      |      |      |      |       |
+-----------------+-------+-------+------+------+------+------+------+-------+
|LTIFR (12 months |     11|     16|    23|    24|    25|    10|     9|      9|
|rolling)         |       |       |      |      |      |      |      |       |
+-----------------+-------+-------+------+------+------+------+------+-------+

Footnotes for Production figures[1] / LTIFR[2]

The gold recovery was slightly below the target level but the utilization rate
and total milled tonnage improved from the previous quarter due to improved
access to new stoping areas. In spite of a low head grade from the Pampalo
underground operations, the gold production improved during the quarter although
being lower than the target.

The production for the first nine months was 411.0 kg gold (582.6). The
production guidance for the full year 2015 remains as previously announced at
550-600 kg gold.

Endomines’ commitment to a safe working environment is clearly demonstrated by
the decreasing and lower than the Finnish industry average accident frequency
rate, LTIFR.

The full interim report for the nine months ending September 30, 2015 will be
published in Swedish on October 29, 2014. A short summary is published in
English on the same day.

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

----------------------------------------------------------------------

[1] Production figures for the last quarter are 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


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 CEST on October 6, 2015.

About Endomines:
Endomines conducts exploration and mining business along the 40 kilometer long
Karelian Gold Line. Through various regulatory approvals, Endomines controls the
exploration rights to this entire area.
The Company’s first mine, Pampalo, started in February 2011. During 2014,
Endomines initiated the production of ore from the mine in Rämepuro. The ore
from satellite mines will be processed in the centrally located mill at Pampalo.
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 for 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.
Endomines vision is to participate in the future structural transformation and
consolidation of the Nordic mining industry. The Company may therefore be
involved in acquisitions of interesting deposits or companies, should such
opportunities arise.
The shares of Endomines AB are quoted on NASDAQ Stockholm under ticker ENDO and
on NASDAQ Helsinki under ticker ENDOM. The Liquidity Provider in both Stockholm
and Helsinki is Erik Penser Bankaktiebolag.
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