Black Dragon Gold Corp. (ASX: BDG) ('Black Dragon' or the 'Company') is pleased to announce the appointment of Mr Gabriel Chiappini as Chief Executive Officer.

Gabriel has had a number of leadership roles within mining companies and has extensive capital markets' experience over a number of years including being an advisor to Cygnet Capital, Executive Chairman and having managed and assisted a number of transactions including Black Rock Mining Ltd (ASX:BKT), Invictus Energy Ltd (ASX:IVZ) and Ioneer Ltd.

Gabriel joined the Company in 2019 as a consulting Company Secretary and in June 2020 was appointed Chief Financial Officer and brings a wealth of corporate experience to Black Dragon. His appointment is one of several board and management changes including Paul Cronin moving from Executive Director to Non-Executive Chairman and Jo Battershill moving from Non-Executive Chairman to Non-Executive Director.

Incoming CEO, Gabriel Chiappini said: 'Black Dragon's strategic focus and most accretive milestone is to progress the permitting of the Salave Gold Project. As part of this focus, we will continue our dialogue and co-operation with the Government of the Principality of Asturias, and the Spanish Government. We will also advance and continue developing the project via a pre-feasibility study to be undertaken following the finalisation of the Environmental Impact Assessment approvals by the Government in the Principality of Asturias in Spain. This work will be conducted in tandem with reviewing new opportunities in the precious and base metals' segments with a bias towards an Australian project. I look forward to working with the Board, the management team and key stakeholders as Black Dragon progresses the development of its world class Salave Gold Project and undertakes new resource opportunities.

Non-Executive Chairman, Paul Cronin said: 'I am pleased to announce Gabriel Chiappini as our Chief Executive Officer and the board looks forward to working with Gabriel to execute our strategic plan of permitting and developing our world class Salave Gold Project and to lead our new ventures team in identifying a complimentary Australian exploration asset. Gabriel has been part of the Black Dragon executive team for approximately 3 years, and clearly understands the very real opportunity Salave presents as a world-class gold project, with ability to significantly re-rate Black Dragon once its value is unlocked through the permitting process. We have every confidence this can be achieved, and trust he's the right choice to continue driving this process.' Gabriel will on a temporary basis retain the CFO and Company Secretary roles through the transition period with a replacement CFO to be appointed shortly.

Contact:

Tel: +61 417 717 480

Email: gabriel.chiappini@blackdragongold.com

ABOUT BLACK DRAGON GOLD

Black Dragon Gold 'BDG' is the 100% owner of one of the largest undeveloped gold projects in Europe, the Salave project. Salave is situated in the North of Spain in the province of Asturias. The Salave project has a Measured Mineral Resource of 1.03 million tonnes grading 5.59 g/t Au, containing 0.19 million ounces of gold; an Indicated Mineral Resource of 7.18 million tonnes grading 4.43 g/t Au, containing 1.02 million ounces of gold, plus Inferred Resources totalling 3.12 million tonnes grading 3.47 g/t Au, containing 348,000 ounces of gold. The information in this announcement that relates to the Mineral Resource estimate for the Salave project was first released by the Company in its news release entitled 'New NI 43-101 Mineral Resource Estimate Increases Resources at Salave' dated 25 October 2018. Black Dragon confirms that it is not aware of any new information or data that materially affects the information included in the original announcement and that all material assumptions and technical parameters underpinning the estimate in the previous announcement continue to apply and have not materially changed. A full technical report summarising the Mineral Resource estimate completed by CSA Global is available on the Company's web site (www.blackdragongold.com) and posted on SEDAR.

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