Mar 4 2015
Endomines is pleased to invite geoscientist and other professionals to participate in the “Karelian Gold Rush 2015” – the Global Exploration Challenge. The Company will publish all relevant geological data from its fully controlled “Karelian Gold Line” – a 40 km long gold prospective Archean greenstone belt located in Eastern Finland.
With this competition, Endomines is challenging the mining community to innovative and out-of-box thinking and to come up with new ideas for exploration targets and models. More than 30 years of exploration activity has resulted in gold deposits currently in production as well as numerous mineralizations along the “Karelian Gold Line”. The region is still underexplored and a shows great potential!
The challenge will be opened at FEM 2015 by releasing the data and winners will be announced at PDAC 2016 Nordic Mining Day. Pre-registration for the challenge opens on September 1st, 2015.
Entries will be judged by an international jury of independent and experienced geoprofessionals. Best exploration proposals will be rewarded with Cash prizes: first prize 40 000€, second prize 20 000€, third prize 10 000€ and fourth to eight prizes 2 000€.
“We are very excited about this competition. We have carefully considered this idea over the time and now we have decided to proceed. From the exploration history we do know that we have a highly prospective ground along the Karelian Gold Line and we would like to invite geoscientists from all over the world to provide new, innovative and perhaps even wild ideas for new exploration targets”, comments Markus Ekberg, CEO of the Company.
Source: http://www.endomines.com/