Why invest in Black Dragon Gold Corp?
40 million euros invested to date, well defined resource with the majority of feasibility work complete. PEA completed in January 2019 and work underway to complete Feasibility Study by the end of 2020.
Strong Fundamentals for Underground Mining
Measured and indicated resources containing 1,208,000 ounces Au grading 4.58 g/t Au at a 2.0 g/t Au cut off with significant engineering studies indicating flotation gold recoveries of 96%.
Experienced Management and Technical Team
Black Dragon Gold progressing project with a strong track record of fast-tracking projects and resolving permitting, social and technical issues.
Repaired Balance Sheet
Black Dragon Gold successfully arranged a restructure of debt from a $10 million facility to $3 million and a limited royalty. Exercising the option combined with the next round of raising will see the Company with a strong post raise balance sheet. With no further funds required until project finance.
Asset in Spain. Mining country with strong rule of law, member of EU and OECD, low sovereign risk.
Simple flow sheet and mine plan deploying proven technology.