Dragon Mining Limited Announces Significant Drilling Results at Jokisivu Gold Mine

Summary and Key Points

• Dragon Mining Limited has released final assay results from multiple underground diamond core drilling campaigns at its Jokisivu Gold Mine in southern Finland.
• Three major drilling campaigns were completed: Arpola-4 (19 holes), Arpola-5 (12 holes), and Basin Zones-2 (15 holes), targeting different mineralised zones between 175m and 460m levels.
• High-grade gold intercepts were recorded, including:
  • Arpola-4: 6.70 metres @ 33.06 g/t gold, 1.10 metre @ 41.40 g/t gold, 0.95 metres @ 66.80 g/t gold
  • Arpola-5: 8.80 metres @ 10.61 g/t gold, 2.00 metres @ 9.39 g/t gold
  • Basin Zones-2: 5.75 metres @ 42.89 g/t gold, 1.75 metres @ 42.55 g/t gold, 0.75 metres @ 54.40 g/t gold
• Drilling results provide new information on the extent and geometry of the gold mineralised lodes, confirming the deposit remains open at depth and along strike.
• Future drilling campaigns are underway in new areas, with results pending, potentially offering further upside.
• Jokisivu Gold Mine forms part of Dragon Mining’s wholly owned Vammala Production Centre, a major gold processing and mining hub in Finland.
• Consistent QAQC protocols and successful audits enhance confidence in the reliability of results.

Detailed Campaign Results

Arpola-4 Campaign

• 19 holes drilled, totaling 2,455.3 metres, targeting the Arpola Main Zone between 340m and 380m levels.
• Key intercepts:
  • 6.70 metres @ 33.06 g/t gold (including 0.70m @ 139.50 g/t and 0.75m @ 91.80 g/t)
  • 1.10 metre @ 41.40 g/t gold
  • 0.95 metres @ 66.80 g/t gold
  • 3.00 metres @ 6.92 g/t gold
  • 0.95 metres @ 25.80 g/t gold
• Down-dip extensions of Arpola lodes confirmed.

Arpola-5 Campaign

• 12 holes drilled, totaling 1,344.9 metres, targeting the Osmo Zones between 445m and 460m levels.
• Key intercepts:
  • 8.80 metres @ 10.61 g/t gold (including high-grade sections: 1.05m @ 47.50 g/t and 1.75m @ 18.15 g/t)
  • 2.00 metres @ 9.39 g/t gold (including 1.00m @ 14.10 g/t)
• Significant mineralisation confirmed in Osmo Zones.

Basin Zones-2 Campaign

• 15 holes drilled, totaling 2,060.1 metres, targeting Basin Zones between 175m and 190m levels.
• Key intercepts:
  • 5.75 metres @ 42.89 g/t gold (including 1.00m @ 89.90 g/t and 0.60m @ 19.00 g/t)
  • 1.75 metres @ 42.55 g/t gold (including 0.75m @ 97.70 g/t)
  • 2.60 metres @ 11.92 g/t gold (including 0.50m @ 40.20 g/t)
  • 0.75 metres @ 54.40 g/t gold
  • 3.05 metres @ 6.87 g/t gold (including 1.00m @ 17.75 g/t)
• Mineralisation in Basin Zones confirmed at depth.

Operational and Geological Context

• Jokisivu Gold Mine is located 180 km northwest of Helsinki and 40 km from the Vammala Plant.
• Part of the Vammala Production Centre, which includes the Vammala Plant (300,000 tpa facility), Jokisivu Gold Mine, Kaapelinkulma Gold Mine (open pit ceased 2021), Orivesi Gold Mine (ceased 2019), and Uunimäki Gold Project.
• The deposit is a structurally controlled orogenic gold system, with mineralised lodes hosted in west-northwest striking shear zones within quartz diorite.
• Gold mineralisation extends vertically for 710 metres in Kujankallio and 480 metres in Arpola, remaining open with depth and along strike.
• Since 2009, approximately 3.7 million tonnes grading 2.8 g/t gold have been mined from Jokisivu.

Exploration and Future Outlook

• Drilling continues in 2026 with new campaigns in the Osmo Zones (370m–400m levels) and Flying Squirrel area (185m–225m levels).
• Results from these campaigns are pending and will be reported once available.
• The deposit remains open at depth and along strike, indicating strong potential for resource growth.
• Mine development is ongoing, with additional drilling planned to further delineate gold mineralisation.

Technical and QAQC Details

• Sampling and drilling were conducted using industry-standard diamond core methods (BQTK, 40.7mm).
• Samples were prepared and assayed at ALS facilities in Finland and Romania, using fire assay methods with rigorous QAQC protocols (certified reference materials, blanks, duplicates inserted every 20 samples).
• Dragon Mining audits both its own and ALS sampling and analytical procedures, with no issues identified.
• All holes were logged in full for geology and geotechnical parameters, and mineralisation continuity supports resource and reserve definition.
• Sample compositing has not been applied; only down-hole lengths are reported (true widths not determined).

Shareholder Information and Price Sensitivity

• The reported high-grade gold intercepts and confirmation that the Jokisivu deposit remains open at depth and along strike are highly price sensitive.
• Potential for further resource growth and ongoing drilling campaigns could positively impact Dragon Mining’s share value.
• Pending results from new drilling campaigns may be significant and could move the share price once announced.
• Consistent and reliable QAQC protocols and successful audits add confidence to the results.
• Any future discoveries or resource upgrades could have a substantial effect on investor sentiment and share price.

Corporate Information

• Board chaired by Arthur George Dew, with experienced executive and non-executive directors.
• Competent Person for the report is Mr. Neale Edwards, Fellow of the Australian Institute of Geoscientists.

Conclusion

Dragon Mining Limited’s latest drilling results at Jokisivu Gold Mine demonstrate strong, high-grade gold mineralisation and confirm the deposit remains open for future exploration. This, combined with ongoing drilling campaigns and the potential for resource growth, represents a highly positive development for shareholders and may be a significant catalyst for share price appreciation. Investors should monitor upcoming drilling results for further upside.

Disclaimer: This article is based on information released by Dragon Mining Limited and is intended for informational purposes only. It does not constitute financial advice or a recommendation to buy or sell securities. Investors should perform their own due diligence and consult with professional advisors before making investment decisions.

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