Dragon Mountain Gold Limited (AU:DMG) has released an update.
Dragon Mountain Gold Limited reports on its ongoing exploration efforts at the Avalon and Cawse Projects where recent heavy rains delayed drilling activities. Despite setbacks, the company has completed earthworks on all drill sites and mobilization for drilling is underway, targeting gold geological hosts. The company’s financial position remains stable with a cash reserve of $225,000 after spending $74,000 on exploration during the quarter.
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