First Intercepts Received From Hangaslampi, Kuusamo Gold Project, Finland
12 August 2011
Dragon Mining is pleased to announce the receipt of the first results from the drilling campaign being undertaken on the Hangaslampi gold deposit at the Kuusamo Gold Project in northern Finland. Analysis of four holes has returned a series of intercepts, including 5.00m @ 3.40 g/t gold, 2.50m @ 9.33 g/t gold and 4.70m @ 2.11 g/t gold.
The intercepts have confirmed the extensions of the targeted lodes, in concert with the existing Hangaslampi geological model. Multi-element analysis has also highlighted the presense of elevated cobalt and rare earth elements, either in conjunction with, or separate from gold mineralisation.
Drilling at Hangaslampi recommenced in May 2011 with a 20 hole, 2,200 metre campaign designed to test the extensions of identified lodes. Sixteen holes for 1,703 metres have been drilled, with the remaining holes expected to be completed during August.
To view this announcement in full, please visit the website. |