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 340,900 ounces.

Mineralisation in the Kujankallio area extends to at least 525 metres vertical depth, though resource drilling currently extends only down to 440 metres, whilst in the Arpola area mineralisation has only been drilled down to 200 metres.  Both areas remain open at depth, partially along strike and may link.

Jokisivu became Dragon Mining’s third operating mine in 2009, and since commencement, 207,425 tonnes of ore mined have been mined and transported from Jokisivu to Vammala.

Jokisivu Gold Mine Layout

Development

The underground development at Kujankallio commenced in September 2010 and since then, the decline had advanced 1,136m or 162m in vertical depth.  The portal is located within the Kujankallio open pit, 35m below surface.

Kujankallio Development

In 2011, 3,000m of lateral development from 5 levels (65m,85m,105m,175m and 145m) was completed. Mining of the first stope at the 145m level commenced in December 2011.

An internal assessment will be made to determine if it is viable to extend underground mining to the Aprola area where an Indicated and Inferred Resource of 87,300 ounces grading 6.5 g/t gold remains.