1、 ANNUAL REPORT FOR THE YEAR ENDED DECEMBER 31,2024 Black Dragon Gold Corp.Annual report for the year ended December 31,2024 2 Contents Page Page Directors Report 3 Chairmans Letter 3 Company Directory 4 2024 Highlights&Recent Developments 5 Tenement Portfolio&Competent Persons Report 10 Directors&Ke
2、y Management 12 Directors Report 15 Corporate Governance Statement 17 Directors Responsibilities Statement 21 Audited Consolidated Financial Statements 22 Independent Auditors Report to the Members of Black Dragon Gold Corp.23 Consolidated Statement of financial position 27 Consolidated Statement of
3、 loss&comprehensive loss 28 Consolidated Statement of cash flows 29 Consolidated Statement of changes in shareholders equity 30 Notes to the Consolidated financial statements 31 ASX Additional Information 47 Black Dragon Gold Corp.Annual report for the year ended December 31,2024 3 Chairmans Review
4、Frustratingly the year was broadly uneventful until the closing months,ending in late December with the announcement of a new Asturian law on strategic investments that is trusted will unlock the nearly 5 years of permitting impasse that the Company has endured.The Companys application for the re-zo
5、ning,from agricultural to industrial,of the land required for the planned surface infrastructure was accepted by the Tapia de Cassariego municipality in April.Seven months later the Municipality convened an extraordinary plenary session and rejected the re-zoning application.The Companys legal advis
6、ors dispute the grounds upon which the application was rejected and subsequently have challenged the decision before the High Court of Justice in Asturias.The outcome of this legal challenge will be known during 2025.On 17 December 2024,the Principality of Asturias adopted a new law on strategic inv