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D'Aguilar Gold Limited (ASX:DGR) Announce Guadalcanal Joint Venture Mbetilonga Project Exploration Update From Solomon Gold Plc (LON:SOLG)
D'Aguilar Gold Limited (ASX:DGR) Announce Guadalcanal Joint Venture Mbetilonga Project Exploration Update From Solomon Gold Plc (LON:SOLG)

Brisbane, Feb 15, 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 commencement of drilling, and high grade rock chip samples from the Guadalcanal Joint Venture's Mbetilonga Project.

HIGHLIGHTS

Mbetilonga Project

- Rock chip samples in the Kolokepi and Ngalimane Prospects, eastern Mbetilonga have shown encouraging copper, gold, silver and molybdenum grades.

- Drilling commences on the Vuanimaho porphyry Prospect, eastern Mbetilonga.

Chikora Prospect

- Diamond drill holes CK003 and CK004 have returned positive copper results from assays received to date.

- Further assay results are pending for two further diamond drill holes, CK005 and CK006.

- Reinterpretation of the Chikora geological model suggests a porphyry system causing the mineralisation at surface and in drill holes at depth.

2011 Work Program, Guadalcanal Joint Venture

- NVL Solomon Islands Limited (Solomon Gold's JV partner) has proposed an extensive work program budgeted at US$6million on Mbetilonga, Sutakiki, Kuma and Central during 2011, including a planned 5,600m (3,500m at Mbetilonga and 2,100m at Sutakiki) drilling program.

Due to the regulatory limitations placed on D'Aguilar's ability to summarise these results, 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://solomongold.com.

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

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



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