Black Dragon Gold Corp. has received assay results from its drill samples obtained from its Padbury Gold Project located northwest of Meekatharra in Western Australia. Drilling at Padbury targeted various parts of the gold in soil anomalies identified in Ultrafine soil sampling conducted by the Company in late 2022. The source of extensive gold nugget occurrences over this district is yet to be explained and the Company is reviewing its exploration plans for its projects in Western Australia. Forward exploration programme may include expanding soil geochemistry testing and analysis into the 158km2 Padbury Extension tenement E51/1969 to the south-east of the primary Padbury
tenement and conducting regional mapping and reconnaissance of the Ivan Well Gold Project E69/3818. Marlee Gold Pty Ltd. was acquired in July 2022 to diversify the Company's exploration portfolio. Marlee Gold is the holder
of three exploration licences in the North Yilgarn Craton of Western Australia, that has been underexplored but has significant regional gold and copper mines. Marlee Gold has two main projects called Padbury Gold and Ivan Well spread out of three exploration licences covering 481km2. The main focus for the Marlee Gold prospects is to conduct modern exploration techniques to determine the likelihood of bedrock sourced mineralisation with a focus on gold.