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D'Aguilar Gold Limited (ASX:DGR) Announce Solomon Gold (LON:SOLG) Maiden Resource Estimate At Kauffmans-Homestead Prospect In Queensland
D'Aguilar Gold Limited (ASX:DGR) Announce Solomon Gold (LON:SOLG) Maiden Resource Estimate At Kauffmans-Homestead Prospect In Queensland

Perth, Mar 1, 2011 AEST (ABN Newswire) - D'Aguilar Gold Limited (googlechartASX:DGR) are pleased to draw the attention of shareholders to last night's announcement by Solomon Gold Plc (googlechartLON:SOLG) regarding the in relation the Maiden Resource Estimate at the Kauffmans-Homestead Prospect within the Rannes Project in Queensland.

HIGHLIGHTS

- Maiden Resource Estimate completed for the Kauffmans-Homestead Prospect over a 500m strike length.

- Inferred Mineral Resource of 7.7Mt at 0.82g/t gold equivalent for 203koz of contained gold equivalent (0.35g/t gold equivalent cut-off grade) as estimated by Hellman Schofield in accordance with JORC reporting standards.

- Total Solomon Gold Inferred Mineral Resource, including the previously released Crunchie Inferred Resource of 12.3Mt at 1.02g/t gold equivalent, now doubled to 404koz based on a 0.35g/t gold equivalent cut-off grade, increased from 0.2g/t.

- Multiple prospects in close proximity to Kauffmans over a 1.5km strike length, providing excellent potential for a significant expansion of the existing resource inventory.

- Maiden gold resource calculations for the Porcupine Pie and Cracklin Rosie prospects within the Rannes Project are planned.

- Drilling campaign for 2011 has been doubled to a planned 24,000m on drill targets close to Kauffmans-Homestead.

- Gold grade and gold:silver ratio increasing with depth drives deeper exploration below 200m.

- Baseline environmental, metallurgical, crushing and grinding and process design studies to commence.

Shareholders are encouraged to read the full Solomon Gold announcement. The announcement can be viewed in full under the "Latest News" section of the Solomon Gold website: http://www.solomongold.com.

D'Aguilar Gold Limited holds 35.2 million shares in Solomon Gold, which equates to 12.5% of the issued capital.

Contact

Nicholas Mather
Managing Director
D'Aguilar Gold Limited
Ph: +61-7-3303-0680

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

Email: info@daguilar.com.au
http://www.daguilar.com.au



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