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Dragon Mining Ltd.
Summary
| Project: | Vammala Production Centre | |
|---|---|---|
| Deposit: | Jokisivu, Orivesi | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 12/22/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 22-12-2017: Dragon Mining Ltd. announces an Exploration/Drilling Update report for its Jokisivu, Orivesi deposit at the Vammala Production Centre project. Drilling results incl. 25.5m @ 15g/t Au from 9m. 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 carried out at the Company’s projects in southern Finland between 5 October 2017 and 21 December 2017 (the ‘period”). These campaigns were undertaken with the objective of better defining the extent and geometry of known mineralised zones, identifying new mineralised zones and providing information to support mine planning and development. Results have been received for all holes in the six hole campaign that was drilled from the 340m level, along select sub-vertical mineralised pipes in the Sarvisuo West area, close to existing underground development. The campaign has returned a series of significant intercepts, including high-grade highlights 18.00 metres @ 8.04 g/t gold (True Width – 5 metres), 23.15 metres @ 12.51 g/t gold (True Width – 5 metres) and 25.50 metres @ 15.00 g/t gold (True Width – 3.5 metres). A complete list of results from this campaign are provided in Table 1. The results from this campaign are encouraging, exhibiting the high-grade nature of the targeted pipes at Sarvisuo West. Results from this campaign have now been incorporated into an update of the Orivesi Mineral Resources and Ore Reserves that is currently in progress. During the period, results were received from four holes from the ten hole surface diamond core campaign that targeted near surface positions at Sarvisuo and Sarvisuo West (Table 2). A number of intercepts have been received including 15.00 metres @ 3.15 g/t gold in drill hole KU-1618. This intercept occurs at approximately the 78m level on the southern side of Sarvisuo Pipe 2. Results from six holes are pending. | |
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