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Black Dragon Gold Corp. Advances Salave Project with New Scoping Study and Strategic Initiatives

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Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh ( (AU:BDG) ) has provided an update.

Black Dragon Gold Corp. has announced a new Scoping Study for its Salave Gold Project in northern Spain, revealing improved financial and production metrics. The study indicates a significant expansion in mineral resources and promising economic returns, with a projected after-tax NPV of US$506 million and an IRR of 34%. The company is also seeking to have the project recognized as a Strategic Investment Project by the Asturias Government, which could enhance local economic and social benefits. Additionally, Black Dragon has appointed a new Non-Executive Director, Heidy Arocha, and participated in major industry events, strengthening its corporate governance and industry presence.

More about Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh

Black Dragon Gold Corp. is a company involved in the mining industry, primarily focusing on gold exploration and development. The company is currently working on the Salave Gold Project located in northern Spain, which is a significant part of its operations.

YTD Price Performance: 25.00%

Average Trading Volume: 2,256

Technical Sentiment Signal: Sell

Current Market Cap: $4.16M

See more insights into BDG stock on TipRanks’ Stock Analysis page.

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