D'Aguilar Gold Limited (ASX:DGR) Announce High Order Gold Anomalies Identified By Mt Isa Metals Limited (ASX:MET)
D'Aguilar Gold Limited (ASX:DGR) Announce High Order Gold Anomalies Identified By Mt Isa Metals Limited (ASX:MET)
Brisbane, May 10, 2011 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) are pleased to draw the attention of shareholders to today's announcement by Mt Isa Metals Limited (ASX:MET) regarding the identification of multiple zones of high-order (+50ppb Au) soil sample anomalism have been identified at its Boungou Gold Prospect within the Tapoa Project area in Burkina Faso.

Highlights

- Multiple high order gold geochemical anomalies defined by initial soil sampling at the Boungou Gold Prospect in far east Burkina Faso.

- +50ppb gold anomalies defined over an approximate 2.5 kilometre by 1.5 kilometre area.

- Anomalism extends well beyond known artisanal workings anomalous assays recorded up to 800 metres from known workings).

- Anomalism open-ended in several directions.

- Additional soil sampling in progress to define the full extent of the gold mineralised system.

- Assays received to date represent only 25% of the first phase soil sampling program currently underway.

Shareholders should note that the Tapoa Project is one (1) of five (5) gold project areas that MET holds within Burkina Faso.

Due to the regulatory limitations placed on D'Aguilar's ability to summarise these results, shareholders are encouraged to read the full MET announcement. The announcement can be viewed in full on the

ASX website under the Mt Isa Metals code of MET, or in the "Latest News" section of the Mt Isa Metals website: http://www.mtisametals.com.au

D'Aguilar Gold Limited holds 52 million shares in Mt Isa Metals Limited.

About DGR Global Limited

DGR Global (formerly D’Aguilar Gold Limited) (ASX:DGR) is focused on generating exploration and development companies in a wide array of minerals.

Projects are conceived directly through the skills and experience of D’Aguilar’s accomplished team of exploration geoscientists (with an enviable track record), not by the costly purchase of properties. Each project or exploration strategy is held in a separate subsidiary.

Focused and specialist management is then engaged in the subsidiary, with project specific finance raised in the subsidiary – faster and less dilutive to D’Aguilar. As the subsidiary project develops and starts to derisk the subsidiary is separately capitalised (seed raisings followed by an IPO).

Investors can choose to invest specifically in a particular project/commodity, or by investing in D’Aguilar, invest in the resource company generating business which retains a significant carried interest in each project.

D’Aguilar projects tend to be very large, targeting new provinces with the potential to make world-class discoveries. The exploration concepts are often novel. While increased metal prices and advances in technology can turn former sub-economic deposits into viable projects, D’Aguilar subsidiary projects frequently emerge from detailed reassessment and reinterpretation of large databases – looking at things from a new angle and with a different focus using state of the art techniques. The D’Aguilar Directors and Managers have in the past applied new exploration models to extensive tenement areas which have led to identification of new mineral provinces and the discovery of nationally significant resources. Similar efforts are now being dedicated to D’Aguilar.

 


Contact

Mr Nicholas Mather
Managing Director
D'Aguilar Gold Limited
Ph: +61-7-3303-0680
Mob: +61-417-880-448

Karl Schlobohm
Company Secretary
D'Aguilar Gold Limited
Ph: +61-7-3303-0680



Related Companies

Mt Isa Metals Limited       
DGR Global Limited       

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