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Dragon Mining Ltd.
Summary
| Project: | Vammala Production Centre | |
|---|---|---|
| Deposit: | Orivesi | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 5/31/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-5-2017: Dragon Mining Ltd. announces an Exploration/Drilling Update report for its Orivesi deposit at the Vammala Production Centre project. Drilling results incl. 2.40m @ 259.11g/t Au from 127.0m. Dragon Mining Limited (ASX:DRA) (“Dragon Mining” or “t | |
| 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 announce the results from a recent campaign of diamond core drilling at the Orivesi Gold Mine (“Orivesi”) in southern Finland. The nine hole, 1,447.20 metre diamond core drilling program undertaken from the surface was carried out to further evaluate Sarvisuo Pipe 2 between the 80m and 120m levels and other near surface targets between the 80m and 200m levels in the Sarvisuo area. It follows a successful drilling campaign completed earlier in 2017 that targeted the Sarvisuo area between the 120m and 160m levelsThe results of the campaign have continued to highlight extensions to known zones of gold mineralisation at promising grades and identify new zones of mineralisation that require follow-up activities. All results from the two recent campaigns will now be included in an internal study to evaluate the viability of developing the upper portion of the Sarvisuo area. A third campaign of diamond core drilling from the surface is also underway. This new campaign has been designed to further evaluate Sarvisuo Pipe 2 and other shallow targets in the Sarvisuo West area. The seven hole program is expected to be completed in June. | |
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