目錄 78798087120125136153163164165166167168263264 Brett Robert SmithCarlisle Caldow Procter Unit 202, Level 239 Mends StreetSouth PerthWestern Australia 6151Australia 13822 Computershare Investor Services Pty LimitedYarra Falls, 452 Johnston StreetAbbotsford, MelbourneVictoria 3067Australia Carlisle Caldow Procter 183171712 - 1716 Carlisle Caldow Procter Carlisle Caldow Procter 1712 National Australia BankNordea Bank https://www.dragonmining.comhttps://www.irasia.com/listco/hk/dragonmining/index.htm AddisonsCastrén & SnellmanSalingre Asianajotoimisto OyAsianajotoimisto RoihuAsianajotoimisto Merkurius OyFröberg & Lundholm 主席致辭 20241231Svartliden2025 SvartlidenFäboliden20,000 Fäboliden2022628 JokisivuArpola2024124VammalaVammala300,000300,000 Jokisivu350,000 SvartlidenVammala25.020212025Kaapelinkulma 202543 礦產資源量及礦石儲量聲明 202412 312012JORC ❖20253 21 JORCAshmore Advisory Pty LtdAshmoreMoJoeMining Pty LtdMJMAshmoreMJM2022 礦產資源量及礦石儲量聲明(續) VammalaSvartliden20241231 RF Jokisivu1.3 Jokisivu2,305120%2,766 Kaapelinkulma00.901.51.50.9 Kaapelinkulma1,500120%1,80020211231Kaapelinkulma2022323 Orivesi2.6 Orivesi1,475120%1,770201912 31Orivesi2020327 Fäboliden120%1.1120%2.0 Fäboliden1,500120%1,80020211231Fäboliden2022323 礦產資源量及礦石儲量聲明(續) Svartliden1.01.7 1,260115%1,500Svartliden20161231Svartliden2017228 VammalaSvartliden20241231 Jokisivu1.580.852,3051.1085% fäboliden1.331,5008.6680%20211231Fäboliden Jokisivu20241231Shaun SearleSearle2012SearleAshmore Advisory Pty LtdAshmoreAshmore Searle KaapelinkulmaFäboliden202112312022323www.hkex.com.hk1712MoJoe Mining Pty LtdShaun SearleSearle2012Searle2022323 202232320223 23 Neale Edwards2012Neale Edwards202112 312022323Neale Edwards 礦產資源量及礦石儲量聲明(續) Orivesi2019123120203 27www.hkex.com.hk17122020RPM Advisory Services Pty LtdDavid AllmarkAllmark2012JORC2012Allmark2020327 20203272020327 Neale Edwards2012Neale Edwards201912 312020327Neale Edwards Svartliden201612312017228www.asx.com.auDRARPM Global Asia LimitedJeremy Clark2017Jeremy Clark2012Jeremy Clark2017228 20172282017228 Neale Edwards2012Neale Edwards201612 312017228Neale Edwards JokisivuMoJoeMining Pty LtdJoe McDiarmidMcDiarmid2012McDiarmid FäbolidenMoJoeMining Pty LtdJoe McDiarmid2022323www.hkex.com.hk1712McDiarmid2012McDiarmid20223 23 202232320223 23 Neale Edwards2012Neale Edwards202112 312022323Neale Edwards 管理層討論與分析 Dragon Mining (Sweden) ABDragon Mining Oy VammalaVammala300,000VammalaJokisivuJokisivu20196OrivesiOrivesi20214KaapelinkulmaKaapelinkulmaUunimäkiUunimäki20,00030,000 SvartlidenSvartliden300,000SvartlidenSvartliden201320209FäbolidenFäboliden • •• •Vammala •202412Svartliden3,173 VammalaJokisivu162697Svartliden22Fäboliden2,150 1,000,000 管理層討論與分析(續) Vammala VammalaJokisivuVammala2.5220232.30299,9512023321,09684.4%202384.9%20,517202320,159 Jokisivu JokisivuKujankallioArpolaJokisivu300,9642023322,2772.5820232.37185,4192023155,185115,5452023167,093 Arpola358241.5287.0505 Kaapelinkulma 20214 20252026 Kaapelinkulma Orivesi Orivesi20196Orivesi Orivesi Uunimäki UunimäkiSatakuntaTampere80UunimäkiGTK2008Vammala Uunimäki89.22Uunimäki2025Uunimäki Svartliden Svartliden750SvartlidenSvartliden20053SvartlidenSvartlidenFäboliden399,676 Svartliden SvartlidenVammala19,312202317,509Botnia Exploration ABBotnia2,066Svartliden BotniaSvartlidenFäboliden 管理層討論與分析(續) Fäboliden FäbolidenSvartliden30201959202069Fäboliden20211011Svartliden SvartlidenFäboliden2.5126,23879.9%8,068SvartlidenFäboliden202111 Fäboliden 2024123160202312 316310.0202312319.220243 14 2024 •••• 112119C2 2024828Dragon Mining OyTSM2024930TSMhttps://kaivosvastuu.fi/kaivostoiminta/2023-dragon-mining-oy/ 2024www.dragonmining.comwww.irasia.com/listco/hk/dragonmining/index.htm 管理層討論與分析(續) • • • JokisivuFäboliden Vammala 20241 22VammalaVammala300,000300,000 Fäboliden 20187Fäboliden20224 20226 28 2022121520233142023462024611 Fäboliden2022628 2Svartliden 管理層討論與分析(續) 2024123117.020237.512.920235.2 ••Botnia Exploration AB•••2,452,910Aurion Resources 2,43020231,94319,138202320,89316.8%70.7202360.5 BotniaFäbodtjärnSvartliden2.12023 51.6202354.66.6 管理層討論與分析(續) a)6.6%3.3%300,9642023322,27780.92202373.1610.6%b)5.8%202315.6%2024122VammalaVammala300,000300,000Vammala299,9512023321,0966.6%Vammala10.53202310.53Vammala36.53202332.8011.4%Svartliden118.65,288Vammala2023104.05,4783.5%14.0%Svartliden17.5%1,676.5420231,435.89c)d)•Vammala300,000 •Vammala 20.3%20235.0%5.4%202313.7%256.5%202328.6%21.220236.029.1%20239.8% aurion resources Limited 202412 312,452,910Aurion20232,452,910AurionAurion 202412 3182.82023123168.849.52023123135.550.4243.5202312 3149.1260.9 202412 3140.32023123122.2202110.5202412310.5%202312 311.6% ap finance Limited27.0 AP Finance Limited27.02024122202563020261231 管理層討論與分析(續) 2021139.67.61.990.33 12.42.3Vammala1.437.07.02.60.52025630 202412317.1%1220241231 20256302.60.52025630 25 2,452,910Aurion Resources 管理層討論與分析(續) 123120231231 VammalaSvartliden(i)(ii)