Brisbane, April 30, 2009 (ABN Newswire) - D'Aguilar Gold Limited's (ASX:DGR) new gold targets have been recognised in central Queensland by Central Minerals along strike from the Crunchie discovery at Rannes, and near Theodore to the south, Mt Cooper to the west, and Baralaba to the north of Rannes.
High grade titanium dioxide up to 31% TiO2 has been discovered by Ridge Exploration near Monogorilby in the Cadarga area, south east Queensland.
A large area of medium grade iron ore has been located at Johnson Creek by Ridge Exploration, also in the Cadarga area.
AusNiCo confirms the 10 km long Kandanga nickel prospect is geologically and geochemically similar to the Pembroke - Mt Cobalt belt which contains the Pembroke nickel sulphide discovery.
New zones of nickel, chrome, gold and platinum mineralisation have been found by AusNiCo near Mundubbera. Boyne South Prospect shows massive chromite rubble at surface.
Capital raisings announced for D'Aguilar Gold, and planned for Central Minerals.
For the complete D'Aguilar Quarterly Report, please see the link below;
http://www.abnnewswire.net/media/en/docs/60559-ASX-DGR-209917.pdf
High grade titanium dioxide up to 31% TiO2 has been discovered by Ridge Exploration near Monogorilby in the Cadarga area, south east Queensland.
A large area of medium grade iron ore has been located at Johnson Creek by Ridge Exploration, also in the Cadarga area.
AusNiCo confirms the 10 km long Kandanga nickel prospect is geologically and geochemically similar to the Pembroke - Mt Cobalt belt which contains the Pembroke nickel sulphide discovery.
New zones of nickel, chrome, gold and platinum mineralisation have been found by AusNiCo near Mundubbera. Boyne South Prospect shows massive chromite rubble at surface.
Capital raisings announced for D'Aguilar Gold, and planned for Central Minerals.
For the complete D'Aguilar Quarterly Report, please see the link below;
http://www.abnnewswire.net/media/en/docs/60559-ASX-DGR-209917.pdf
About D'Aguilar Gold Limited
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.
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