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The latest announcement is out from Dragon Mountain Gold Limited ( (AU:DMG) ).
Dragon Mountain Gold Limited’s quarterly report for June 2025 outlines ongoing exploration activities at the Avalon Project, with plans for advanced geophysical surveys to refine drilling targets. While no exploration occurred at the Cawse Project this quarter, the company remains focused on uncovering high-grade material. The company is also exploring new project opportunities, though no decisions have been finalized. Financially, DMG reported a cash position of $130,000 and spent $29,000 on exploration activities during the quarter.
More about Dragon Mountain Gold Limited
Dragon Mountain Gold Limited is a company involved in the mining industry, focusing on exploration and potential development of gold projects. Its primary projects include the Avalon and Cawse Projects, where it seeks to identify and exploit high-grade gold mineralization.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.58M
See more insights into DMG stock on TipRanks’ Stock Analysis page.