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Dragon Mountain Gold Advances Exploration Efforts

Dragon Mountain Gold Advances Exploration Efforts

Dragon Mountain Gold Limited (AU:DMG) has released an update.

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Dragon Mountain Gold Limited has actively pursued exploration at both the Avalon and Cawse Projects, focusing on gold, REE, and lithium targets, with a Phase 1 drill program planned upon approval of their PoW application. The company’s cash reserves stood at $368,000 at the end of the quarter, with $29,000 spent on exploration activities and no development or production expenditures. Adjustments to executive remuneration and the acquisition of new tenements have been significant corporate activities influencing the company’s financials.

For further insights into AU:DMG stock, check out TipRanks’ Stock Analysis page.

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