Black Dragon Gold Corp. Acquires Wa Gold Projects
The acquisition will be completed by purchasing 100% of private company, Marlee Gold Pty Ltd. . It forms a key part of the Company's strategic growth plans, providing Black Dragon with a quality exploration portfolio to complement its flagship Salave gold project in northern Spain. The acquisition delivers 100% interests in three highly prospective exploration permits in the Yilgarn Craton region of Western Australia to Black Dragon, covering an area of 481km 2.
Perth-based Black Dragon Managing Director Mr. Gabriel Chiappini says the most compelling reason for completing the deal was the existing discovery of surface gold.