The press release can be downloaded from the following link: Press Release PDF Endomines AB is pleased to announce that it's wholly owned subsidiary Endomines Oy has placed a significant order for gold plant equipment for its Pampalo Mine processing plant. This purchase order is based on the terms of the Letter of Intent concluded between Metso Minerals AB and Endomines in July 2009, and includes a grinding mill, gravimetric and flotation separation circuits and dewatering equipment. All necessary processing pumps and engineering works were also included to the order. Metso Minerals AB is one of the leading mining processing equipment suppliers in the world, and its expertise in processing technology, combined with the know-how of the engineering company CTS Engtec Oy (contracted earlier this year), provides Endomines with the required equipment and resources for the successful establishment of Pampalo Mine processing plant. Endomines Oy has also signed a project control and management agreement with Ahma Insinöörit Oy from Finland. This agreement includes project management and supervision of all earthmoving and processing plant construction as well as equipment installation in accordance with the schedule prepared by Endomines. Ahma Insinöörit Oy is the largest independent project control and management engineering company in Finland, and has specialised in the execution of challenging infrastructure and mining projects. Ahma Insinöörit Oy latest mining projects include the Kittilä and Talvivaara mines. Ahma-Insinöörit employs 140 persons and has an annual turnover of 10M€. Endomines has also signed a contract with Kesälahden Maansiirto Oy for the tailings storage facility and processing plant foundation earthworks. Works will commence immediately on Thursday 22nd October. Kesälahden Maansiirto Oy is one of the leading earthmoving contractors in Finland and has an annual turnover of 50 M€ and employs 130 persons. "I am pleased that we have now concluded our equipment orders and can start the required earthworks during the autumn period. This will enable the start of commercial production at the Pampalo Mine during next year as planned." says Markus Ekberg, CEO of Endomines. For further information, please contact: Markus Ekberg, CEO, +358 40 706 4850 Endomines AB (publ) explores and develops mineral deposits in Finland. The Company owns mining concessions and claims over all the known gold deposits along the Karelian Gold Line, including the Pampalo Mine where the Company aims to start mining in 2010. In addition, Endomines has claims for gold deposits in Finnish Lapland. Besides gold, and through its subsidiary Kalvinit Oy, the Company plans to develop its deposits of the industrial mineral ilmenite in Central Ostrobothnia. Endomines applies SveMin's and FinnMin's common reporting rules for public mining and exploration companies. Endomines reports its mineral resources according to the internationally accepted JORC or NI-43-101 code. Endomines applies International Financial Reporting Standards (IFRS) for its accounting principles. The use of IFRS allows for comparison of the Company with foreign exploration and mining companies. The shares of Endomines AB are quoted on First North Premier segment in Stockholm under ticker ENDO. Erik Penser Bankaktiebolag acts as Certified Adviser and Liquidity Provider. Read more about Endomines on www.endomines.com
Endomines orders gold plant equipment and commences earthmoving works at Pampalo Mine
| Source: Endomines AB