1 DRAGON MINING LIMITED Esitys kaivosjaoston syyskokouksessa 21.9.2007 “Oriveden Au-tuotannon uudelleen käynnistäminen” Heimo Pöyry
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DRAGON MINING LIMITED
Esitys kaivosjaoston syyskokouksessa 21.9.2007
“Oriveden Au-tuotannon uudelleen käynnistäminen”
Heimo Pöyry
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Up, up and away for gold
GOLD has closed above $US700 per ounce overnight for the first time this year with analysts forecasting further upside as investors, prompted by macro factors, turn to the precious metal as a safe haven...
DRAGON MINING LIMITED
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Svartliden Gold Mine in Sweden - producing 50,000 oz pa.
Vammala Production Plant
Orivesi Gold Mine - 50,000 oz pa production commencing 3rd
quarter 2007.
Jokisivu and Kaapelinkulma advanced projects
Kuusamo development project
Hanhimaa – exploration project
Major Assets
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Corporate Structure
Directors & ExcutivesAndrew Daley Chairman
Peter Cordin Managin Director
Peter Munchen Non-Executive Director
Tapani Järvinen Non-Executive Director
Michael Naylor Chief Financial Officer
Dennis Wilkins Company Secretary
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Dragon Mining Limited is a European gold mining Company focused on developing quality projects to increase shareholder value.
Company Strategy
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Orivesi Mine & Vammala Plant
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DRAGON MINING LIMITED
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Exploration since 1946
Gold found in 1982
Mining rights to Outokumpu in (Lohja Oy) 1990
Open pit test mining and a pilot plant in 1990
Decline started in 1993
Underground test mining in 1993 - 1994
Decision to start the mining 1994(MR 344 000t at 9,4g/t)
Discovery of pipe 4 and 5 1995-1996
Produced 1,683,000 tons ore and 13,055 kgs gold 1994 – 2003(419,740 ounces)
HISTORY OF ORIVESI MINE
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Decline development of Sarvisuo commenced June 2006
Confirmatory Drilling September 2006
Upgrading works of Vammala Plant February 2007
Vammala Plant start up in the end of June 2007
Ore production from Kutema pillars July 2007
Ore production from Sarvisuo last quarter 2007
PRODUCTION DEVELOPMENT PROGRESS 2006 - 2007
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Orivesi Mine
03.02.2003 ORIVESI MINE
ORIVESI MINE SITE
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Orivesi Mine
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Vammala Plant
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30.5.2007
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14.6.2007
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10.7.2007
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19.6.2007
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20.6.2007
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26.6.2007
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26.6.2007
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10.7.2007
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9.8.2007
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Orivesi Mine: Potential for New Resources
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Additional Pipe Potential at the Orivesi Mine
Plan 300m level
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JOKISIVU: Resource Estimate and 3D Model
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