Golden Dragon Mining has secured a hefty $2.2 million cornerstone investment from a subsidiary of Shanghai-listed heavyweight Chengtun Mining Group at a stunning 17.65 per cent premium to its previously traded price. The company says gold and other precious metals are a pivotal strategic pillar for its future growth, with its investment in Golden Dragon marking a clear step in that direction. This cornerstone investment by Chengtun Gold represents a strong endorsement of the quality and potential of our Cue Gold Project and broader asset portfolio. Golden Dragon has previously pegged new ground right next door to Westgold Resources’ formidable 2.3-million-ounce Big Bell mine, highlighting the golden pedigree of the neighbourhood. For Golden Dragon, this cash injection isn’t just fuel for the drill rigs, it’s a powerful endorsement of its geological theory that could see the company’s Murchison story gather some serious pace.