JOKISIVU

Jokisivu Gold Mine

The Jokisivu Gold Mine is located 40 kilometres south west of the Vammala Production Centre and hosts a Measured, Indicated and Inferred Resource totalling 356,300 ounces.

Jokisivu became Dragon Mining’s third operating mine in 2009, and since commencement, 188,390 tonnes of ore mined have been mined and transported from Jokisivu to Vammala.

Jokisivu Gold Mine

Two small open pits have been mined at Kujankallio and Arpola.'

Development

Finnish mining contractor, SK-Kaivin OY, has been awarded a contract to develop the decline and undertake mining which began in September 2010.

The portal for the decline is located in the Kujankallio open pit, 35m below surface. The decline has advanced 1,001m or 145m in vertical depth at the end of September 2011. Lateral development of more than 3000m has continued on five levels with ore expected to be processed in December 2011.