Black Dragon Gold Corp. Shs Chess Depository Interests Repr 1 Sh ( (AU:BDG) ) has shared an update.
Black Dragon Gold Corp. has announced the results of an updated Scoping Study for its Salave Gold Project, revealing significantly improved economics. The study indicates a 50% increase in mineral resources and forecasts an after-tax NPV of $506 million with an IRR of 34% at a conservative gold price. The project is expected to generate substantial economic and social benefits for the Asturias region, and the company plans further studies to advance the project. However, the study is preliminary, and further exploration and funding are required to ensure the project’s viability.
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 gold exploration and development. Its primary project is the Salave Gold Project located in Asturias, northern Spain.
YTD Price Performance: -50.0%
Average Trading Volume: 2,468
Technical Sentiment Signal: Hold
Current Market Cap: $5.47M
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