Dragon Mountain Gold Limited

Dragon Mountain Gold is an ASX listed exploration company (ASX:DMG), based in Perth, Western Australia.

Dragon Mountain Gold is focused on its Cawse and Avalon Projects to develop and delivery exploration success in the gold and battery minerals sector. Dragon Mountain Gold’s Cawse Project comprises 26 granted Tenements of approximately 115.3 square kilometres in Ora Banda, WA. Historical exploration has identified shallow high-grade mineralisation with potential for open pit mining.

Dragon Mountain Gold acquired Sleeklines Holdings Pty Ltd through a share purchase plan in November 2022, thereby acquiring 23 additional granted Prospecting Licenses covering 40 square kilometres within the Cawse envelope, bringing the total area of the Cawse Project to 155.3 square kilometres. The acquired tenements are considered to be highly prospective for gold.

The Avalon Project comprises 5 granted Mining Leases of approximately 43.4 square kilometres in Bulong, WA. Exploration for gold recommenced in the Avalon Project area in 2013, following historical nickel exploration, though no drilling was included in this work.

The Company’s view is to develop Mineral Resources at the more advanced prospects to develop near-term production.

Dragon Mountain Gold aims to grow its projects using best practices, standards, and innovation to deliver excellence in the Australian minerals sector and deliver value to all shareholders.