Endomines Finland Plc - Inside information - 2/4/2026, at 13:45 EEST
Inside Information: Endomines Finland Plc's Operational Update for January-March 2026: Pampalo Gold Production Reached Record Levels
Pampalo's gold production reached an all-time high in January-March 2026. Production increased by 9.8 percent compared to the same period in 2025 and by 30.8 percent compared to the previous quarter. The production volume for January-March is the highest quarterly output since the restart of production in December 2021.
- Production during Q1/2026 was 154.1 kg (140.4 kg), equivalent to 4,955 ounces (4,513 oz) of gold.
- In the full year 2025, Endomines produced 517.2 kg, equivalent to 16,630 ounces of gold.
The disclosed production figures are based on preliminary data. Final figures may change slightly once all delivered batches have received final assay results. However, the change is not expected to be material. The company expects its full-year 2026 production volume to increase by 10-20% compared to the production volume in 2025.
"We achieved record production at a time when the gold price reached an all-time high on a quarterly basis. I am very pleased with the strong development of our production. The business acquisition of Pampalo's underground mining operations completed last year is clearly visible in our production as improved reliability. The change is clearly visible as an impressive 30.8 % increase compared to the previous quarter. The average gold price during the first quarter was 4,879 USD/oz, compared to USD 2,862/oz in the comparison period. The growth in our production forms a strong foundation for achieving our strategic growth targets," says Kari Vyhtinen, CEO of the company.
Further information
Kari Vyhtinen
CEO
Endomines Finland Plc
kari.vyhtinen@endomines.com
+358 40 585 0050
Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian Gold Line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.
