Endomines reported a significant increase in gold reserves at its Finnish Pampalo deposit. An updated ore reserve estimate for the Pampalo Deep deposit returned 161000 tons of ore, grading 3.55g/t Au for a total of 18400 ounces gold. This represents a 23% increase in tonnes and a 49% increase in ounces, compared to an estimate from December 2020. The increase is related to the high-grade results of an 87 hole drill campaign in 2021. In addition, the company defined an inferred resource, of 122000 tons grading 5.24g/t Au for 20600 oz gold, located directly below the ore reserves. The deposit remains open and continued underground drilling is planned for 2022.
