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Regulatory press release

Inside information: Endomines Finland Plc’s operational update January_December 2024: Pampalo gold production increased 11.8 % compared to year 2023

02.01.2025, 14.30
Endomines Finland

Endomines Finland Plc – Inside information – 2/1/2025, at 15:30 EET

Inside information: Endomines Finland Plc’s operational update January_December 2024: Pampalo gold production increased 11.8 % compared to year 2023

Pampalo’s gold production in 2024 increased by 11.8 % compared to the production level in 2023. Production in 2024 was 444.9 kg (397.8 kg) which equals 14,304 oz (12,790 oz) of gold. Production during July-December increased 20.7 % compared to comparison period and was 226.6 kg (187.8 kg) which equals 7,285 oz (6,038 oz) gold.

Published production figures are based on preliminary data. Final figures may slightly change after final analyses have been received from all the batches delivered to customers. However, the change is not expected to be significant.

“Our gold production continued to grow significantly from the year 2023. Pampalo’s production remains the cornerstone of our business, and we proceed to continuously increase the production level. The construction of the Hosko underground mine is progressing as planned, and we believe Hosko will be an important part of our production in the year 2025,“ says Kari Vyhtinen, CEO of the company.

 

Further information:
Kari Vyhtinen
CEO, Endomines Finland Plc
kari.vyhtinen@endomines.com
+358 40 585 0050

 

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewelry and electronics industries and create value by turning natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.

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