High Grade Gold Intercepts From Jokisivu, Finland
27 October 2009
Dragon Mining Limited is pleased to announce that results from a drill program to test the depth extensions of the Kujankallio deposit and nearby zones of interest have been received.
The results from holes designed to examine approximately 300 metres strike length of the Kujankallio deposit returned multiple significant intercepts, including highlights 2.40m @ 36.50 g/t Au, 3.75m @ 29.73 g/t Au, 6.75m @ 13.90 g/t Au, 3.10m @ 9.08 g/t Au, 3.95m @ 6.45 g/t Au and 7.35m @ 6.29 g/t Au.
Commenting on the excellent drilling results Managing Director Peter Cordin noted: �The high grade nature of the drill intercepts is encouraging and strengthens our view that there is potential to extend the mining operations at Jokisivu subject to positive feasibility studies, permitting and other regulatory approvals being granted.�
As previously reported open pit mining has recently commenced at Kujankallio.
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