Harpsund Joint Venture (Earning 80% interest): Encouraging geology in Harpsund that will require follow-up activities

Final results have been received for the 18 hole, 1,128.65 metre program of drilling that was complet-ed at the Sjöliden and Sjöliden SE target areas on the Harpsund Joint Venture area. Assays returned a series of narrow intercepts including highlights 2.00m @ 8.90 g/t gold and 1.00m @ 12.05 g/t gold (Appendix 10).

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Programs of C-horizon till sampling and top of bedrock drilling were undertaken in the Mejvankilen area following the receipt of encouraging gold (maximum – 3.11 g/t gold) and zinc (maximum – 2.29% zinc) results from reconnaissance sampling.

A total of 208 C-horizon till samples were collected on a nominal 100m by 100m grid base, the initial results from low level analysis displaying a cluster of anomalous gold values that warrant in-fill sampling.

Top of bedrock drilling in the Mejvankilen area returned encouraging geology with quartz veining in strongly altered host rocks with arsenopyrite.  Analysis of the drill samples identified a number of anomalous gold zones that will require follow-up activities.

The Harpsund Joint Venture area is located immediately adjacent to Dragon Mining’s Exploration Permit holding at Svartliden, and is situated 4 kilometres northeast of the Svartliden Gold Mine.  The Company entered into a Joint Venture Agreement with listed Swedish exploration company Botnia Exploration AB (Botnia) to earn up to 80% in Botnia’s Exploration Permits in this area in late 2010.

For more information please go to dragon-mining.com.au or contact

Bengt Ljung, VD – Botnia Exploration
Telefon: +46 8 636 25 15
E-post: info@botniaexploration.com

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