New drilling results confirm that the Pampalo deposit


The press release including tables can be downloaded from the
following link: Press release (PDF)

  * Mineralised core sections from the new drill holes towards the
    south lode of Pampalo confirm that it continues downwards with
    approximate grades and size as in already known parts of the
    south lode
  * The results of the drill program implies that significant parts
    of the mineral resources earlier classified as "inferred" can be
    upgraded to "indicated" in the southern lode.



  Pampalo
  * 10,1 gram gold/tonne (0,9 m in T - 441)
  * 7,1 gram gold/tonne (2,8 m in T - 443)
  * 4,9 gram gold/tonne (2,4 m in T - 446)
  * 6,7 gram gold/tonne (6,7m in T - 451)
   (core section's length and drill hole ID in parentheses)


In February 2008 Endomines started a core drilling programme mainly
to increase Pampalo's indicated mineral resources further. The
drilling programme has been carried out in two stages. The drill hole
in the first one, in which the southern gold ore lode's continuation
downwards was examined, has been completed; see the target area in
the picture below. The second stage, which has been started at the
15th May includes approximately 4 000 m of drilling. Intention is
that some of the drill holes would hit the mineralisation deeper.
(level -640).

Caption: Cross section of Pampalo's auriferous lodes with the target
area of the first stage pictured in the red box. North (green),
central (red) and southern (blue) lodes. The holes drilled earlier
are black.

In the first stage of the drilling programme the total amount of the
drill holes was 12 (921,35 m). SMOY drilled the cores with T-76T2
equipment giving a core of 61,7 mm. The core drilling was carried out
from the new ramp and aimed to intercept the assumed southern lode
with 20 m's spacing between the levels -360 and -400. Auriferous zone
was found in every drilled hole. The mineralised core sections in
holes which crossed the auriferous zone were up to 11 m long. The
length of section is depending where and how the drilling intercepts
the mineralised zone.

Table 1:
Gold contents in mineralised core sections and other drill hole
information of the holes drilled by Endomines in Pampalo deposit
2008, Stage 1."I have received these drilling results with great satisfaction as
they confirm our expectations that Pampalo deposit continues
downwards with the preserved quality. The new drilling results from
Pampalo reinforce our expectation that the drilling campaign's second
stage gives us positive results with a significant addition to the
Pampalo mine's ore reserves", says Timo Lindborg, CEO of Endomines
AB.

The information in this press release is based on the analysis
results from the independent accredited laboratory Labtium Ab.
Endomines' CTO Jaakko Liikanen has put the tables and information in
this press release together. Jaakko Liikanen owns shares in Endomines
AB and is authorised as"Qualified Person" of SveMin and FAERI.


For further information, please, contact:

Timo Lindborg, Chief Executive Officer
phone: +46-8-611 66 45, mobile: +358-40-50 83 507


Endomines AB (publ) explores mineral deposits in Finland. The Company
owns mining permits or claims over all the known gold deposits along
the Karelian Gold Line, Pampalo mine among others wherein the Company
aims at starting the operation in 2009. In addition, Endomines has
claims for more gold deposits in Finnish Lapland. Besides gold, the
Company is focusing on industrial mineral ilmenite which seems to
have stable demand growth and price development. These ilmenite
deposits exist in central Ostrobothnia.

Endomines applies SveMin's and FAERI's common reporting rules for
public mining and exploration companies. Endomines has decided to
show the mineral resources according to the internationally accepted
JORC or NI 43101 code. Endomines applies International Financial
Reporting Standards (IFRS) as the reporting standards for account
principles and annual accounts practice. The use of IFRS helps to
compare the Company with foreign exploration and mining companies.

Read more about Endomines' press releases from
http://www.endomines.com/news.php
New drilling results confirm that the Pampalo deposit continues downwards

Attachments
