Ann: Avalon Exploration Update and Drill Results, page-2

VERY disappointing and only $750k left.
Why aren't we trading again?
Commenting on results from the program, Dragon Mountain’s Chairman Robert Gardner
said: “Results from the Company’s first drill program at Avalon are disappointing, however
we still believe the BLEG results reflect an area with high potential for significant gold
mineralisation and the next stage of exploration will test this area immediately west of the
Bulong Fault.
“The Company will now rework the modelling and revise targets and then continue the RC
program at depth,” he said.
The next stage of exploration is expected to commence Q1, 2022.