Dragon Mining Reports High-Grade Gold Hits at Uunimäki Project in Finland

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

Dragon Mining has reported encouraging assay results from its maiden diamond core drilling campaign at the Uunimäki Gold Project in southern Finland, located about 15 kilometres from its operating Jokisivu Gold Mine and within trucking distance of the Vammala Plant. The program, targeting near-surface mineralisation, delivered several high-grade gold intercepts, including intervals grading up to 39.68 grams per tonne over 2.50 metres, underscoring Uunimäki’s potential as a future satellite source of ore for the company’s established production hub.

The Uunimäki project, covered by a single exploration licence of 89.22 hectares within a larger 1,269.09-hectare reservation area, sits in the Palaeoproterozoic Häme Belt, where gold is associated with arsenopyrite-bearing quartz veins hosted in sheared metamorphosed gabbro. Originally discovered by the Geological Survey of Finland in 2008, the deposit has a history of promising drill results and geophysical and geochemical work, and the latest campaign strengthens Dragon Mining’s resource pipeline and may enhance the long-term utilisation of its Finnish processing assets.

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 a gold mining and exploration company operating in southern Finland, where it runs the Jokisivu Gold Mine and the Vammala processing plant as part of its wholly owned Vammala Production Centre. The company focuses on discovering and developing nearby gold deposits that can be economically trucked to its existing processing infrastructure.

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Technical Sentiment Signal: Buy

Current Market Cap: HK$2.22B

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