Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh ( (AU:BDG) ) has shared an update.
Black Dragon Gold Corp. has released an updated Scoping Study for its Salave Gold Project, indicating a significant expansion of mineral resources by over 50% to 17.1 million tonnes at 2.85 g/t gold, totaling 1.56 million ounces of contained gold. The study projects an after-tax net present value of $506 million and an internal rate of return of 34%, with improved financial and production metrics. The company plans to invest significantly in the Asturias region, potentially strengthening its case as a strategic investment project, while also outlining a clear path to further feasibility studies over the next 12-24 months.
More about Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh
Black Dragon Gold Corp. is a company operating in the mining industry, focusing on the exploration and development of gold resources. Its primary project is the Salave Gold Project located in Asturias, northern Spain, which aims to expand mineral resources and enhance economic viability.
YTD Price Performance: -50.0%
Average Trading Volume: 2,468
Technical Sentiment Signal: Buy
Current Market Cap: $5.33M
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