Southern Gold Line

Development-stage tungsten, molybdenum and gold project on the southern part of the Karelian Gold Line. Includes the Ukko gold discovery (most significant exploration result of 2025). EU Strategic Project status application submitted 16 January 2026; licensing process commenced January 2024. Goal is to commence production around 2030 at a new processing facility. Planned expansion would lift Endomines' annual gold production approximately five-fold from current 16,630 oz to 70,000-100,000 oz/yr (midpoint 85,000 oz), while also adding tungsten (critical defense industry raw material) and molybdenum (steel industry feedstock) production. Nature surveys completed in 2025 as part of EIA.