Silver Sponsor
Endomines
Endomines is a Finland based gold mining and exploration company. We are listed at Nasdaq Helsinki with a market cap of appr 80-90 MUSD. We renewed our strategy in 2022 and since then have achieved a significant turnaround operationally and financially.
Endomines has four strategic focus areas:
Gold production volumes increasing every year
Our revenue increased by 46 % from 2022 to 2023. This year we are forecasting our production volumes to increase by 15-35 %. With the current strong gold market this will result in a significant revenue increase.
High focus on exploration
In the latest resource update at the end of 2023, our gold resource increased by 72 % to 310 000 oz. Since then, we have drilled approximately 24 000 m more with excellent results. Our aim is to define a deposit with more than 1 Moz gold in the area and then increase our production to 70-100 000 ounces level.
ESG is the way we develop our company
We are currently permitting a new area for production where we aim to make a new standard of gold mining. No CO2 emissions and any water released from the area is cleaner than the natural water in the area.
In the USA we aim to achieve a partnership
It is possible to divest part/all of our seven gold assets in Idaho and Montana. We have been very focused in Finland only and now we are expanding our focus towards international investors.