D'Aguilar Gold Limited (ASX:DGR) Announce AusNiCo (ASX:ANW) Silver And Copper Exploration Update At Silver Valley Prospect

Brisbane, Mar 30, 2011 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) are pleased to draw the attention of shareholders to yesterday's announcement by AusNiCo Limited (ASX:ANW) in relation to initial results from diamond drilling being conducted at AusNiCo's Silver Valley prospect.

The initial drilling results include high grade silver and copper intercepts. Mapping has located intermittent outcrops of gossan over a distance of 500 metres, and along with copper and silver soil anomalies, have provided AusNiCo with encouragement that Silver Valley could yield a significant tonnage of copper and silver mineralisation.

The full extent of the depth and strike will be confirmed with additional percussion drilling, starting in early April.

Due to the regulatory limitations placed on D'Aguilar's ability to summarise these results, shareholders are encouraged to read the full ANW announcement.

The announcement can be viewed in full on the ASX website under the AusNiCo code of ANW, or in the "Latest News" section of the AusNiCo website: http://www.ausnico.com.au

D'Aguilar Gold Limited holds 58.85 million shares (53%) in AusNiCo Limited.

Contact

Mr Nicholas Mather Managing Director D'Aguilar Gold Limited Ph: +61-7-3303-0680 Karl Schlobohm Company Secretary D'Aguilar Gold Ltd Ph: +61-7-3303-0680 D'Aguilar Gold Limited Email: info@daguilar.com.au http://www.daguilar.com.au