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Dragon Mining Ltd.
Summary
| Project: | Vammala Production Centre | |
|---|---|---|
| Deposit: | Jokisivu | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 10/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 13-10-2017: Dragon Mining Ltd. announces an Exploration/Drilling Update report for its Jokisivu deposit at the Vammala Production Centre project. Drilling results incl. 2.4m @ 39.63g/t Au from 168.70m. Dragon Mining Limited (ASX:DRA) (“Dragon Mining” or “ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Neale Edwards (Internal) | |
| ABSTRACT: | Dragon Mining Limited (ASX:DRA) (“Dragon Mining” or “the Company”) is pleased to provide an update on activities completed at the Company’s Jokisivu Gold Mine (“Jokisivu”) in southern Finland between 1 July 2017 and 4 October 2017 (the ‘period”). Twenty-six underground diamond core holes, totalling 4,432.50 metres have been drilled during the period. They include the final eight holes, 1,1561.20 metres in a sixteen hole campaign targeting the Kujankallio Main Zone between the 340m and 430m levels and all holes in an eighteen hole, 2,871.30 metre campaign targeting the Kujankallio Main Zone between the 340m and 400m levels. Both campaigns of drilling were undertaken with the objective of improving the drill density of, and identifying extensions to known mineralised zones, as well as providing information to support mine planning and development. Results have been received for all holes in the sixteen hole campaign targeting the Kujankallio Main Zone between the 340m and 430m levels, yielding a series of significant intercepts including 2.40 metres @ 39.63 g/t gold, 16.85 metres @ 5.00 g/t gold, 2.20 metres @ 29.05 g/t gold, 1.95 metres @ 10.71 g/t gold, 0.45 metres @ 107.50 g/t gold, 0.30 metres @ 139.50 g/t gold, 0.55 metres @ 41.50 g/t gold, 0.40 metres @ 48.70 g/t gold and 0.80 metres @ 21.00 g/t gold. All results from this campaign are provided in Table 1. At the time of writing results had only been received for three holes from the eighteen hole campaign targeting the Kujankallio Main Zone between the 340m and 400m levels, returning a number of encouraging intercepts including 4.85 metres @ 14.61 g/t gold and 0.30 metres @ 70.80 g/t gold. Available results from this campaign are provided in Table 2. Results are pending for fifteen holes. | |
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