DRILLING PERMIT RECEIVED FOR SALAVE GOLD PROJECT

The Government of the Principality of Asturias issues Black Dragon with an 18-hole drilling permit.

This permit has been provided for Black Dragon’s current long-tenured Mining Concessions and will support Black Dragon’s permitting strategy to work collaboratively with the Government of the Principality of Asturias and local community for sustainable exploration and mining development.

Black Dragon Gold Corp is pleased to announce the Government of the Principality of Asturias in Spain has issued Black Dragon’s 100% owned Spanish subsidiary, Exploraciones Mineras del Cantábrico with an 18-hole drilling permit for the Salave Gold Project.

Managing Director, Gabriel Chiappini said: “This latest permitting milestone from the Government follows Black Dragon’s recent ASX updates relating to Salave Gold Project’s Environmental Impact Assessment (‘EIA’) update, confirming that the Company is responding to public comments received during the EIA consultation period and the application to roll over the Sallave Investigation Permit. This drilling permit together with the recent ASX updates demonstrates that the Company’s patient, respectful, collaborative, and local focus in managing its permitting programme, is delivering results. The approval of the drilling permit indicates the Government’s continued support for sustainable exploration and mining development within the region.”

The drill hole locations were based on stringent environmental selection criteria to avoid conflicts with local landowners and to comply with the Government’s planning framework. This drilling campaign’s main focus will be to undertake infill drilling to improve the resource classification from inferred to indicated and from indicated to measured, for mine planning and for geotechnical & metallurgical core samples as part of a definitive feasibility study. Black Dragon confirms that any additional drilling will be subject to the Company progressing its EIA application.