Dragon Mining Limited · HKEX:1712
Dragon Mining — Corporate Update (August 2011)
18 slides from Dragon Mining's corporate update, Aug 9, 2011
Slide 1: ASX Announcement: Presentation on the Kuusamo Gold Project, Finland
ASX ANNOUNCEMENT 9 AUGUST 2011 PRESENTATION ON THE KUUSAMO GOLD PROJECT, FINLAND The attached presentation will be given to Australian and European institutions, brokers and analysts in Outokumpu, Finland on Tuesday 9 August 2011 and provides an update on the Kuusamo Gold Project. The attached prese
Slide 2: Kuusamo Gold Project: Next Production Centre
KUUSAMO GOLD PROJECT NEXT PRODUCTION CENTRE AUGUST 2011
Slide 3: Notations
Notations The information in this presentation that relates to exploration targets refers to targets that are conceptual in nature, where there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Reso
Slide 4: Kuusamo Gold Project: Next Production Centre
Kuusamo Gold Project j Next Production Centre Outstanding project. High grade open pittable resource - 383,500 ounces @ 5.4 g/t gold. Potential for million ounce gold camp*. Aggressive exploration strategy focussed on northern area. 3 rigs active with plans to drill up to 100,000 metres of
Slide 5: Emerging Gold Camp
Kuusamo Gold Project j Emerging Gold Camp
Slide 6: Juomasuo Deposit
Kuusamo Gold Project j Juomasuo Deposit High grade resource – 1,400,000t @ 5.7 g/t gold (259,300 ounces). Multiple, sub-parallel, steeply dipping lodes. lodes Significant cobalt intercepts, elevated levels of REE and sporadic elevated l levels l off copper andd uranium. i 298 historic drill
Slide 7: Juomasuo Deposit
Kuusamo Gold Project j Juomasuo Deposit 36 holes, holes 9,705.2 9 705 2 metres completed. completed New intercept highlights: A • 14.55m @ 4.81 g/t gold • 11.85m @ 5.30 g/t gold • 5.30m @ 12.97 g/t gold • 13 65m @ 3.13 13.65m 3 13 g/t gold • 7.30m @ 8.18 g/t gold • 9.95m @ 3.81 g/t gold • 3.55m
Slide 8: Juomasuo Deposit
Kuusamo Gold Project j Juomasuo Deposit A 36 holes, holes 9,705.2 9 705 2 metres completed. completed A New intercept highlights: • 14.55m @ 4.81 g/t gold • 11.85m @ 5.30 g/t gold • 5.30m @ 12.97 g/t gold • 13 65m @ 3.13 13.65m 3 13 g/t gold Target g – 600,000 , to 800,000 , ounces*. • 7.30m @ 8
Slide 9: Hangaslampi Deposit
Kuusamo Gold Project j Hangaslampi Deposit 1,000 metres south of Juomasuo. High grade resource of 280,000t @ 6.2 g/t gold (55,700 ounces). Set of moderately dipping lodes striking N-S. 60 historical hi t i l drill d ill holes h l for f 8,346m. 8 346 Exceptional historical intercepts, inclu
Slide 10: Hangaslampi
Kuusamo Gold Project j Hangaslampi Open along strike and with depth. New drilling commenced, 16 holes, 1 703 metres 1,703 t completed. l t d 7.5m @ 3.4 g/t Au
Slide 11: Hangaslampi
Kuusamo Gold Project j Hangaslampi B B Open along strike and with depth. B B New drilling commenced, 16 holes, 1 703 metres 1,703 t completed. l t d 7.5m @ 3.4 g/t Au Target – 150,000 to 300,000 ounces*. * Refer to Slide – Notations (3)
Slide 12: Northern Area Potential
Kuusamo Gold Project j Northern Area Potential 3.0m @ 4.0 g/t Au 14.0m @ 0.14% Co Stand Out Target Areas: Mineralisation between the Hangaslampi and Juomasuo deposits. Mineralisation north of Juomasuo. Mineralisation south of Hangaslampi. 2.0m @ 2.0 g/t Au 0.5 to 12 g/t Au
Slide 13: Regional Potential
Kuusamo Gold Project j Regional Potential 200km² holding. Highly prospective. Excellent targets. 2.0m @ 16.00 g/t Au Gold deposits Meurastuksenaho (42 400 ounces @ 3.6 (42,400 3 6 g/t /t gold) ld) and Sivakkaharju (11,300 ounces 9.0m @ 10.35 g/t Au @ 7.5 g/t gold). Up to 29.5 g/t Au 20 @6 2.
Slide 14: Metallurgy and Flow Sheet Development
Kuusamo Gold Project j Metallurgy and Flow Sheet Development Trial mining and processing of Juomasuo ore in 1990’s. Gold recoveries from conventional flotation circuit up to 90%. 90% Expect flow sheet to include comminution, flotation and leach circuit. Test work program in development.
Slide 15: Environment Impact Assessment
Kuusamo Gold Project j Environment Impact Assessment Work conducted by leading European consultancy group, Ramboll. Already Al d established t bli h d good d llocall community it and d municipal i i l di dialogue l with ith open briefings. EIA p program g commenced November 2010. Draft scope
Slide 16: Next Production Centre
Kuusamo Gold Project j Next Production Centre Outstanding project. High grade open pittable resource - 383,500 383 500 ounces @ 5.4 5 4 g/t gold. gold Potential for million ounce gold camp*. Aggressive exploration strategy focussed on northern area. 3 rigs active with plans to drill up to
Slide 17: Appendix – Resource Inventory (31 December 2010)
Kuusamo Gold Project j Appendix – Resource Inventory (31 December 2010) Gold Cobalt Gold Cobalt Tonnes (g/t) (%) (ozs) (t) Juomasuo Measured - - - - - Indicated 491,000 7.5 0.14 119,100 700 Inferred 912,000 4.8 0.16 140,200 1,400 Total 1,403,000 5.7 0.15 259,300 2,100 Hangaslampi g p Measured - - -
Slide 18: Disclaimer
Disclaimer The purpose of this presentation is to provide general information about Dragon Mining Limited (the "Company"). Unless otherwise stated herein, the information in this presentation is based on the Company's own information and estimates. This presentation does not constitute or form any p