Dragon Mining Reports High-Grade Drilling Results at Finland’s Jokisivu Gold Mine

Dragon Mining ( (HK:1712) ) has shared an update.

Dragon Mining has reported final assay results from multiple underground diamond drilling campaigns at its Jokisivu Gold Mine in southern Finland, confirming several high-grade gold intercepts across the Arpola Main Zone, Osmo Zones, and Basin Zones. The new data refines the understanding of the extent and geometry of mineralised lodes between roughly 175 and 460 metres depth, supporting the case for ongoing underground development at Jokisivu, where mineralisation remains open at depth and along strike.

The intercepts, including intervals grading above 30 grams per tonne gold in several holes, underline Jokisivu’s potential to sustain production within the Vammala Production Centre. With underground development already reaching the 645-metre level and a historical production of about 3.7 million tonnes at 2.8 grams per tonne gold from open-pit and underground mining, the results suggest scope for further resource growth and mine-life extensions, which could bolster Dragon Mining’s regional output and operational stability.

The most recent analyst rating on (HK:1712) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Dragon Mining stock, see the HK:1712 Stock Forecast page.

More about Dragon Mining

Dragon Mining Limited is an Australian-incorporated gold mining company focused on operations in southern Finland. Its wholly owned Vammala Production Centre includes the Vammala processing plant, the operational Jokisivu Gold Mine, the Kaapelinkulma and Orivesi mines where mining has ceased, and the Uunimäki Gold Project, positioning the group as a regional gold producer.

Average Trading Volume: 2,090,266

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.97B

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