HONG KONG (Economic Information Daily, 7th) Dragon Resources (01712) is currently up 7.7%, trading at HK$9.40, marking its second consecutive day of gains with a cumulative increase of 10.6%. The stock has traded about 620,000 shares, involving a turnover of HK$57.3 million.
Dragon Resources announced that it has received the final assay results from three underground diamond core drilling holes completed at its Jokisivu gold mine in southern Finland, where high-grade sample intervals were discovered.
The company stated that the drilling program has identified the vein extent within the Arpola target area, providing important data on scale and morphology. High-grade intervals from the drilling include results from hole Arpola-82026, with gold grades ranging from 13.6 to 36.2 grams per tonne across six drill holes.
The company noted that drilling has demonstrated gold mineralization at the Kujankallio area extends vertically over 710 meters from surface, while mineralization at the Arpola area extends vertically over 480 meters from surface. The Jokisivu deposit remains open at depth and along strike.
Currently, the Hang Seng Index stands at 24,143, down 136 points or 0.6%, with turnover on the main board nearing HK$54.9 billion. The Hang Seng China Enterprises Index is at 8,073, down 55 points or 0.7%. The Hang Seng Tech Index is at 4,186, down 36 points or 0.9%. (nw)
Dragon Resources announced that it has received the final assay results from three underground diamond core drilling holes completed at its Jokisivu gold mine in southern Finland, where high-grade sample intervals were discovered.
The company stated that the drilling program has identified the vein extent within the Arpola target area, providing important data on scale and morphology. High-grade intervals from the drilling include results from hole Arpola-82026, with gold grades ranging from 13.6 to 36.2 grams per tonne across six drill holes.
The company noted that drilling has demonstrated gold mineralization at the Kujankallio area extends vertically over 710 meters from surface, while mineralization at the Arpola area extends vertically over 480 meters from surface. The Jokisivu deposit remains open at depth and along strike.
Currently, the Hang Seng Index stands at 24,143, down 136 points or 0.6%, with turnover on the main board nearing HK$54.9 billion. The Hang Seng China Enterprises Index is at 8,073, down 55 points or 0.7%. The Hang Seng Tech Index is at 4,186, down 36 points or 0.9%. (nw)
