For thousands of other reports visit RSC's Mineral Intellingence Map
Dragon Mining Ltd.
Summary
| Project: | Vammala Production Centre | |
|---|---|---|
| Deposit: | Orivesi, Jokisivu | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 10/20/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 20-10-2016: Dragon Mining Ltd. announces an Exploration/Drilling Update report for its Orivesi, Jokisivu deposit at the Vammala Production Centre project. Drilling results incl. 9.45m @ 21.63g/t Au from 88.3m. Dragon Mining Limited (ASX:DRA) (“Dragon Mini | |
| 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 drilling activities completed at the Orivesi Gold Mine (“Orivesi”) and Jokisivu Gold Mine (“Jokisivu”) in southern Finland. A total of 35 diamond core holes, totalling 4,435.25 metres have been drilled at these operations between 1 July 2016 and 30 September 2016 (“July–September period” or “period”) with the objective of identifying extensions to known mineralised zones, as well as providing information to support mine planning and mine development. Underground diamond core drilling advanced at Orivesi with 19 holes completed for a total of 1,840.25 metres during the period. The final 7 holes in the 18 hole (3,073.85 metres) program that was designed to evaluate the extensions of Kutema Pipe 5 between the 1200m and 1280m levels were drilled during the period. Results have now been received for all holes, the final holes returning a series of intercepts including highlights 4.20 metres @ 13.66 g/t gold and 9.45 metres @ 21.63 g/t gold. Overall the results from the program were positive, identifying a zone of higher grade mineralisation that displays reasonable vertical continuity over a portion of Pipe 5, whilst indications of a new, separate zone were identified to the northeast of Pipe 5. All results received are provided in Table 1 and include the results for the initial 10 holes that were previously released on the 12 May 2016 – Drilling Returns Robust Intercept from Orivesi Gold Mine and the 22 July 2016 – Encouraging Results from Southern Finland Drilling Programs. These releases can be found at www.asx.com.au (Code: DRA). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report