News

2018

PROVINCIAL GOVERNMENT GRANTS PERMIT EXTENSIONS

December 5, 2018

Black Dragon Gold Corp. (ASX/TSX-V: BDG) ('Black Dragon' or the 'Company') is pleased to announce that it has received a 30 year extension on its Ampliacion a Figueras Mining Permit, and a 3 year extension to the Salave Investigation Permit, from the Government of Asturias.

As Black Dragon embarks on an expanded exploration program following the recent drilling results, the extension of the Investigation Permit is a significant achievement. The permit covers over 2,765 hectares primarily to the south of the current Salave deposit (See figure 1) where little or no exploration has been completed historically.

Figure 1 – Salave Permits and Concessions

Black Dragons CEO & Managing Director commented, “the extension of the permits is a great outcome for the company, and will allow us to expand our exploration program at Salave. The current mineral resource at Salave is confined to a 25ha area, and the Investigation Permit offers us over 2,771ha of unexplored ground. Our improved geological dataset will assist us to identify the potential for other deposits in this highly prospective region of Spain.”

Table 1 – Salave Concession Details

BLACK DRAGON GOLD CORP.
1000 Cathedral Place
925 West Georgia Street
Vancouver, BC V6C 3L2, Canada,

T- +44 20 79934077 F- +44 20 71128814

info@blackdragongold.com
www.blackdragongold.com

For more information, please contact;

Paul Cronin
CEO & Managing Director
P: +44 207 9934077
E: paul.cronin@blackdragongold.com

ABOUT BLACK DRAGON GOLD

Black Dragon Gold “BDG” is the 100% owner of one of the largest undeveloped gold projects in Europe, the Salave project. Salave is situated in the North of Spain in the province of Asturias. The Salave project has an updated combined Measured and Indicated Mineral Resource of 8.21 million tonnes grading 4.58 g/t Au, containing 1.21 million ounces of gold, plus Inferred resources totalling 3.12 million tonnes grading 3.47 g/t Au, containing 348,000 ounces of gold.

A full technical report summarizing the Mineral Resource estimate completed by CSA Global is in progress and will be completed and posted on SEDAR and the Company’s website within 45 days. In addition to the current Mineral Resource, historical exploration work suggests there is the potential for additional mineralization within Black Dragon’s landholdings

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