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Endomines reports new, high-grade drill results from the Pampalo gold mine
Endomines reports new, high-grade drill results from the Pampalo gold mine (credits: Endomines)
Endomines report drill results from the underground core drilling program carried out in the spring/summer 2022 at the Pampalo Gold Mine in Finland. The drill program consisted of fifty tree (53) diamond drill holes for a total of 4 330 m. Drill holes were targeted to the area between the 815 and 875 mine levels, representing the next sixty (60) vertical meters below the current production area.
Highlighted drill results include:
- T-1753 intersected 8.2 meters at 13.1 g/t gold, including 0.8 meters at 105.1 g/t gold
- T-1756 intersected 4.3 meters at 14.6 g/t gold, including 1.0 meters at 54.5 g/t gold
- T-1720 intersected 4.2 meters at 16.2 g/t gold, including 1.2 meters at 29.8 g/t gold
- T-1744 intersected 2.8 meters at 17.3 g/t gold, including 1.0 meters at 45,8 g/t gold
- T-1710 intersected 12.1 meters at 4.1 g/t gold, including 0.9 m 14.6 g/t gold
The results of the drilling program reported here are indicating that the grades and widths occurring in the current production area, between the 755 and 815 mine levels, are continuing downwards and also supporting management's positive view of the next planned production area between the 815 and 875 mine levels. The infill core drilling program (4 000 m) for the area is planned to start at the end of September and be completed by the end of the year. Extending the decline from the 815 level to the 875 level was started in June and it is currently progressing at the 830 level.
” I am very pleased with results we have achieved. Pampalo is an important cornerstone of our new strategy. These new areas form a base for our production during 2023-2024, which we can further build other growth on. In the results there were also no indication that the mineralization wouldn’t continue below drilled levels,“ says CEO Kari Vyhtinen.
Epiroc, a leading productivity and sustainability partner for the mining and infrastructure industries, has signed an agreement to acquire AARD Mining Equipment, a South African mining equipment manufacturer.
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