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Dragon Mining Ltd.
Summary
| Project: | Vammala Production Centre | |
|---|---|---|
| Deposit: | Jokisivu, Orivesi | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 7/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 19-7-2017: Dragon Mining Ltd. announces an Exploration/Drilling Update report for its Jokisivu, Orivesi deposit at the Vammala Production Centre project. Drilling results incl. 1.5m @ 34g/t Au from 63.5m. Dragon Mining Limited (ASX:DRA) (“Dragon Mining” o | |
| 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 key projects, the Jokisivu Gold Mine (“Jokisivu”), Orivesi Gold Mine (“Orivesi”) and Kaapelinkulma Gold Project (‘Kaapelinkulma”) in southern Finland. Twenty-five diamond core holes, totalling 5,665.50 metres have been drilled at Orivesi and Jokisivu between 1 April 2017 and 30 June 2016 (the “period”) with the objective of identifying extensions to known mineralised zones, as well as providing information to support mine planning and mine development. Activities to commence mining at Kaapelinkulma also advanced during the period. Drilling was completed on the final nine holes of a fifteen-hole campaign from the 65m level. This campaign was designed to further evaluate the Basin Zones, a satellite zone of gold mineralisation to the northwest of the Kujankallio Main Zone. Results were received for one hole during the period yielding a series of narrow intercepts (Table 1). Results are pending for fourteen holes. Surface diamond core drilling progressed at Orivesi during the period with eight holes completed for a total of 1,318.00 metres. The Vammala Production Centre is located in southern Finland, 165 kilometres northwest of the Finnish capital Helsinki. The Centre comprises the Vammala Plant, a 300,000 tonnes per annum conventional crushing, milling and flotation facility, which sources feed from the Orivesi and Jokisivu gold mines. In addition, the Centre also includes the advanced Kaapelinkulma Gold Project. | |
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