KARELIAN GOLD RUSH 2015- ENDOMINES EXPLORATION CHALLENGE

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Nov 4, 2015 at 3:00 AM

All relevant geological data from its fully controlled “Karelian Gold Line” made available Endomines is pleased to announce that it has today officially made available all relevant geological data from its fully controlled “Karelian Gold Line” – a 40 km-long gold prospective Archaean greenstone belt located in Eastern Finland. The released data is available for geoscientists and others from all over the world after registering to “Karelian Gold Rush 2015 - Endomines Exploration Challenge” at http://goldrush.endomines.com. With this competition, Endomines is challenging the mining and exploration community to innovative and out-of-box thinking and to come up with new ideas for exploration targets and models. More than 30 years of exploration activity has resulted in gold deposits currently in production as well as numerous mineralizations along the “Karelian Gold Line”. The region is still underexplored and shows great potential! An international jury of independent and experienced geoprofessionals will judge entries. Best exploration proposals will be rewarded with Cash Prizes: First Prize 40 000€, Second Prize 20 000€, third prize 10 000€ and fourth to eight prizes 2 000€. The independent jury will evaluate all proposals and the winners will be announced at the Prospectors and Developers Conference March 2016 (PDAC 2016) in Toronto, Canada. The jury members are Paul Evins, Ph.D. (structural geology) WSP Sweden; Denis Schlatter, Ph.D. (geochemistry) Helvetica Exploration Services Switzerland and Turo Ahokas, M.Sc. (geophysics) Independent Senior Geophysicist. Markus Ekberg, M.Sc. (geology), CEO of Endomines, Ab coordinates jury activities. “We are very delighted about the activity around this competition. So far, some 100 qualified geoscientist have registered to the competition. We expect we will receive several high quality proposals from these international competitors. New, innovative and perhaps even wild ideas for new exploration targets are welcome”, comments Markus Ekberg, CEO of the Company 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 November 4, 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.

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Cloud Software Group's $2B Debt Offer Wraps Up

Sizing Up Cloud Software Group’s Recent Maneuver Whoever thought navigating debt was a dull spectacle hasn’t kept up with Cloud Software Group's recent financial theatrics. With a $2 billion cap on the table, their cash tender offer for 9.00% Senior Secured Second Lien Notes due 2029 didn’t just happen; it paraded onto the financial stage and left a noteworthy...

Pak Mail Expands: Franchisee Adds Location Fast

Franchise Growth: Adding Another Brick When's the last time you heard of a franchisee eager enough to nab a second location? Well, that's exactly what's happening with Manny Zussman, who’s decided his Boulder Pak Mail outlet wasn’t keeping him busy enough. This entrepreneurial spirit's on full display as he's launching another Pak Mail over in Westminster, Colorado....

Laboratoires Pierre Fabre and XtalPi Unite for AI-Driven Drug Hunt

An Unexpected Turn in the Drug Discovery Arena It's not every day that you see a historic French pharma powerhouse and a cutting-edge Chinese tech firm join forces. On one side, we've got Laboratoires Pierre Fabre, steeped in the history and nitty-gritty of clinical drug development. On the other, we’ve got XtalPi Holdings Limited (2228.HK), bringing their high-tech AI...

Huawei's 2026 Leap in Gartner Magic Quadrant Recognition

China's Telecom Giant Steps Up Globally Gartner's all about benchmarks and bragging rights in the tech world, and brother, Huawei just grabbed a major piece of that spotlight in 2026. They've snagged a spot in the coveted Leaders Quadrant of the Gartner Magic Quadrant for Infrastructure Platform Consumption Services. Now, why should folks with skin in the game care?...

WSIB Slashes Registration Time with Guidewire Boost

Quick Fix: Streamlining Ontario's Employer Registration Alright, let's cut through the formalities and tell it like it is: Ontario's Workplace Safety and Insurance Board (WSIB) isn't messing around anymore. They've yanked their antiquated paper-laden process into the digital age, slicing the employer registration wait down from an agonizing eight to ten-day ordeal to a...

E Ink Backs Soofa: A Solar-Powered Signage Game Changer

Pioneering a New Era in Community Signage If you ever thought those static community bulletin boards were outdated, you're not alone. E Ink, one of the big players in ePaper technology, has decided to shake things up by investing in Soofa. These folks at Soofa know a thing or two about connecting communities with smart solutions. Their solar-powered kiosks might just be...

Reindeer Expands With Google Cloud Marketplace Launch

Reindeer Rides Google Cloud's Tailwinds Alright, folks, here's a new twist in the world of enterprise AI that's got my eyeballs popped. Reindeer, that plucky outfit from New York and Tel Aviv, has cozied up with Google Cloud in a move that's set to turn heads in the sector. Now, you might hear "agentic AI" and think it's just some fancy jargon, but this is where it gets...

Telespazio & Rivada Forge Secure Satellite Network

Rivada's Outernet: A New Era of Connectivity Forget the terrestrial wires; we're talking about 600 satellites playing a space-age game of telephone. That's Rivada's Outernet for you, an orbital mesh network that's about to upend the very nature of global communications. Telespazio's new partnership with Rivada is like strapping a rocket onto secure connectivity in the...

Energenesis Tackles Space Anemia with ATP Boost

Gearing Up for Space Medicine: Enter Energenesis With the cosmic frontier drawing investor eyes and day-to-day operations inching skyward, here comes Energenesis Biomedical (TWSE: 6657), poking its head into space medicine. This isn’t just another biotech firm looking to throw drugs at terrestrial problems. No, Energenesis shot its shot at TASTI 2026 with its...

Gold.com Faces Fiduciary Investigation by Levi & Korsinsky

Gold.com in Hot Water: What Shareholders Need to Know You ever wonder how firms like Gold.com find themselves in sticky situations before the ink's dry on the quarterly report? Well, strap in because Levi & Korsinsky, LLP is poking around to see if some officers and directors over there have taken a stroll down Breach Avenue. And let me tell you, if you're holding onto...