Further Gold Intercepts From The Kuusamo Gold Project, Finland
18 July 2011
Dragon Mining is pleased to announce the receipt of the final results of the second phase of drilling from the Juomasuo gold deposit at the Kuusamo Gold Project in northern Finland. Analysis of the last three holes in this program has returned further promising gold intercepts, including 4.15m @ 6.10 g/t gold and 5.25m @ 5.11 g/t gold.
The 9 hole, 3,500 metre second phase of drilling was undertaken between February and April 2011 and was designed to examine the strike and depth extensions of the known lodes in the southern portion of the Juomasuo deposit. The program has returned a series of very encouraging intercepts, including previously reported highlights of 13.65m @ 3.13 g/t gold, 9.95m @ 3.81 g/t gold, 34.90m @ 9.30 g/t gold, 3.55m @ 10.39 g/t gold and 7.30m @ 8.18 g/t gold.
The program has continued to confirm the continuity of the lodes at Juomasuo, whilst also highlighting the potential of the mineralised system below the existing resource base. Multi-element analysis has also returned a number of strong cobalt intercepts and elevated levels of REE either in conjunction with gold mineralisation or separately.
To view this announcement in full, please visit the website. |