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Black Dragon Gold Corp.

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Summary

Project:

Salave

Deposit:Salave
Location:Spain
Commodities:Gold
Date:1/20/2017
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Feasibility Study
Report details:20-1-2017: Black Dragon Gold Corp. announces a Supporting Acquisition report for its Salave deposit at the Salave project. Tech report does not comply with NI43-101 and is currently being amended. Vancouver, BC – January 20, 2017: Black Dragon Gold Corp.
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Douglas Turnbull (Not stated)
ABSTRACT:Vancouver, BC – January 20, 2017: Black Dragon Gold Corp. (TSX-V:BDG) ('Black Dragon' or the 'Company') reports that as a result of a review by the British Columbia Securities Commission (“BCSC”), it is issuing the following news release to clarify, retract, restate and update certain of its previously issued press releases, investor relations presentations and disclosures on its website www.blackdragongold.com as well as the technical report for the Salave Project dated October 31, 2016 as prepared by Neil Prenn, P.E., of Mine Development Associates (the “Technical Report”). The Technical Report, as currently filed, does not comply with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). Mine Development Associates is in the process of amending the Technical Report as soon as reasonably practicable in order to address the deficiencies in the Technical Report identified by the BCSC. Pending the completion of such amendments, the Company cautions investors that the Technical Report is deficient and should not be relied upon.

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