Installation of processing plant equipment has commenced at Pampalo Gold Mine
(Thomson Reuters ONE) -
The press release can be downloaded from the following link:
Press Release PDF
Endomines AB's wholly owned subsidiary Endomines Oy has received the first batch
of processing equipment from Metso Minerals Sala AB. The delivery consists of
flotation cells and the installation has already commenced.
The delivery and start of the installation work follows the project construction
time table.
"Major building works have now been completed according to schedule and within
budget despite the very cold winter. During the forthcoming summer and autumn
months, all the plant equipment will be installed. The plant will be ready for
test production as scheduled from Q4/2010 and for full scale production from
Q1/2011 when the power line will be completed," says Markus Ekberg, CEO of
Endomines.
"I would like to take this opportunity to thank all our partners, suppliers and
employees for their commitment to the project. Their commitment and high quality
of work can also be seen in our excellent safety records with no Lost Time
Injuries from the start-up of the Pampalo Gold Mine project", Ekberg remarks.
For further information, please contact:
Markus Ekberg
CEO of Endomines AB
tel. +358 40 706 48 50
About Endomines
During 2009 Endomines has taken several important steps to develop the business
from exploration to full-scale gold production. By the end of 2010, the company
will commence production at the Pampalo Gold Mine, with a projected output of
900-1,000 kg of gold per annum. Other deposits along the Karelian Gold Line will
be exploited subsequently. Endomines has additional claims and mining
concessions in Finnish Lappland (gold, Ostrobothnia (ilmenite) and Southern
Finland (limestone/wollastonite).
Endomines applies SveMin's & FinnMin's respective rules for reporting (public
mining & exploration companies). Endomines has chosen to report mineral
resources and ore reserves according to the internationally accepted JORC or NI
43-101-code. Endomines applies International Financial Reporting Standards
(IFRS) as approved by the European Union.
The shares of Endomines AB are quoted on First North Premier segment in
Stockholm under ticker symbol ENDO.ST. Erik Penser Bankaktiebolag acts as
Certified Adviser and Liquidity Provider.
Read more about Endomines onwww.endomines.com
[HUG#1417124]
Press Release (PDF): http://hugin.info/138043/R/1417124/367631.pdf
Unternehmensinformation / Kurzprofil:
Datum: 19.05.2010 - 09:42 Uhr
Sprache: Deutsch
News-ID 21134
Anzahl Zeichen: 0
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Installation of processing plant equipment has commenced at Pampalo Gold Mine"
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