Dragon Mining Announces Encouraging High-Grade Gold Results from Jokisivu Drilling in Finland

Dragon Mining Limited (Stock Code: 1712) has delivered a significant operational update that may have a material impact on its share price. The company has released final assay results from five underground diamond core drilling campaigns at the Jokisivu Gold Mine in southern Finland, yielding multiple high-grade gold intercepts and providing new insights into the size and structure of this important asset.

Key Highlights of the Drilling Campaigns

• The campaigns consist of:
  • 2025 Arpola-6: 11 holes, 1,075m
  • 2025 Arpola-7: 11 holes, 1,032.2m
  • 2026 Arpola-1: 11 holes, 703.95m
  • 2026 Arpola-2: 7 holes, 443.85m
  • 2026 Arpola-3: 5 holes, 774.7m
• Multiple intercepts of high-grade gold mineralisation, with several intersections exceeding 10 grams per tonne (g/t) and some grades above 100 g/t gold, underlining the high-value nature of the orebody.
• Results have extended the known vertical extent of mineralisation, with the Arpola area now drilled to a vertical extent of 480 metres from surface, and Kujankallio to 710 metres, both remaining open at depth and along strike.

Detailed Drilling Results

2025 Arpola-6

• Highlights include:
  • 3.75m @ 5.38 g/t gold from 72.10m (HU/JS-1504)
  • 1.70m @ 11.47 g/t gold from 71.80m (HU/JS-1505)
  • 4.60m @ 3.22 g/t gold from 90.40m (HU/JS-1505)
  • 1.95m @ 6.39 g/t gold from 71.00m (HU/JS-1507)

2025 Arpola-7

• Exceptional results, including:
  • 2.30m @ 21.41 g/t gold from 46.75m (HU/JS-1516)
  • 4.80m @ 17.98 g/t gold from 38.60m (HU/JS-1517)
  • 0.90m @ 43.90 g/t gold from 40.80m (HU/JS-1518)
  • 0.80m @ 36.40 g/t gold from 38.90m (HU/JS-1521)
  • 7.35m @ 18.73 g/t gold from 64.20m (HU/JS-1521)

2026 Arpola-1

• High-grade, continuous gold mineralisation:
  • 0.65m @ 55.60 g/t gold from 33.75m (HU/JS-1532)
  • 7.45m @ 6.01 g/t gold from 32.50m (HU/JS-1533)
  • 1.20m @ 43.50 g/t gold from 44.65m (HU/JS-1533)
  • 1.70m @ 53.84 g/t gold from 57.55m (HU/JS-1535)

2026 Arpola-2

• Outstanding ultra-high-grade intercepts:
  • 5.95m @ 8.16 g/t gold from 19.75m (HU/JS-1541)
  • 2.60m @ 103.36 g/t gold from 34.65m (HU/JS-1541) (This intercept is particularly significant and could be price-sensitive)
  • 2.65m @ 13.29 g/t gold from 24.35m (HU/JS-1542)

2026 Arpola-3

• More strong zones found:
  • 2.55m @ 17.26 g/t gold from 82.95m (HU/JS-1545)
  • 4.75m @ 5.18 g/t gold from 109.30m (HU/JS-1546)
  • 3.10m @ 4.64 g/t gold from 87.30m (HU/JS-1547)

About the Jokisivu Gold Mine

• Located 180km northwest of Helsinki and 40km southwest of the Vammala Plant.
• Part of the Vammala Production Centre, which includes multiple operating and historic mines and a 300,000tpa processing plant.
• The deposit is a structurally controlled orogenic gold system, with mineralisation hosted in quartz veins and shear zones within a quartz diorite unit.
• Since 2009, approximately 3.7 million tonnes grading 2.8 g/t gold have been mined from Jokisivu via open-pit and underground operations.

Technical and Operational Notes

• All drilling results are reported at a 1g/t gold cut-off, with high-grade intervals highlighted at a 10g/t cut-off.
• Sampling, QA/QC, and analytical protocols are consistent with industry best practice, with all samples analysed by ALS, a leading international laboratory.
• All results have been verified by a Competent Person and reported according to the 2012 JORC Code.

Why This News is Potentially Price-Sensitive

• High-grade intercepts—including bonanza grades over 100 g/t gold—significantly de-risk the resource and point to the potential for higher value mining blocks, which may positively impact future cashflows and mine life.
• The results also confirm the continued extension of mineralisation at depth and along strike, supporting the prospect for resource growth and mine life extension.
• With underground development ongoing and new high-grade zones defined, Dragon Mining is well positioned to enhance production rates and deliver resource upgrades in 2026 and beyond.

What Shareholders Should Know

• The reported results point to material upside potential for the Jokisivu Gold Mine, which could translate into higher future revenues and profits for Dragon Mining.
• Any further resource upgrades, reserve increases, or ongoing high-grade discoveries will be closely watched by the market and have potential to impact the company’s valuation.
• Shareholders should watch for additional drilling updates, resource statements, and operational guidance from the company in upcoming quarters.

Governance and Compliance

• All results are reported in accordance with JORC 2012 and have been signed off by the company’s Competent Person, Mr. Neale Edwards (BSc Hons, Fellow of Australian Institute of Geoscientists).
• The company’s board is led by Chairman Arthur George Dew, with a mix of executive and independent non-executive directors.

Conclusion: The successful identification of high-grade gold zones at Jokisivu is a positive development with the potential to drive near-term and long-term value for Dragon Mining shareholders. Investors are advised to monitor further results and company commentary as development and drilling continue.

Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell securities. Investors should conduct their own research and consult with a licensed financial advisor before making investment decisions. The author and publisher accept no liability for any loss incurred from the use of this information. The information is based on company disclosures as of the date indicated and may change without notice.

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