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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