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Dragon Mining Ltd.
Summary
| Project: | Vammala Production Centre | |
|---|---|---|
| Deposit: | Orivesi, Jokisivu | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 7/22/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 22-7-2016: Dragon Mining Ltd. announces an Exploration/Drilling Update report for its Orivesi, Jokisivu deposit at the Vammala Production Centre project. Drilling results incl. 1.35m @ 126.41g/t Au from 227.0m. Dragon Mining Limited (ASX:DRA) (“Dragon Min | |
| 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 between 1 April 2016 and 30 June 2016 (“April–June period” or “period”). A total of 32 diamond core holes, totalling 6,511.30 metres have been drilled at these operations during this 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 8 holes completed for a total of 1,430.90 metres during the period. All drilling was carried out on a program that was designed to evaluate the extensions of Kutema Pipe 5 between the 1200m and 1280m levels. By the end of June a total of 11 holes had been drilled in the 18 hole program. Results have been received for 10 holes to date returning a series of intercepts including 9.00 metres @ 3.02 g/t gold, 7.20 metres @ 3.47 g/t gold, 0.90 metres @ 28.20 g/t gold, 9.90 metres @ 5.42 g/t gold and the previously released 15.00 metres @ 16.86 g/t gold. All results received to date are provided in Table 1 and include the results for the initial 6 holes that were previously released on the 12 May 2016 – Drilling Returns Robust Intercept from Orivesi Gold Mine. | |
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