D'Aguilar Gold Limited (ASX:DGR) Announces Resource Update On Mt Isa Metals Limited (ASX:MET) Barbara Copper Project

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 updated resource estimate that has been completed for the Barbara Copper Project.

The Barbara Copper Project is located approximately 50km north-east of Mt Isa and forms part of the Company's broader Leichardt Exploration Project. The Barbara Copper Project within tenement EPM16112 is held in joint venture between Mt Isa Metals (40%) and Syndicated Metals (ASX:SMD) (51% and manager).

Due to the regulatory limitations placed on D'Aguilar's ability to re-report the Mt Isa Metals 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: mtisametals.com.au

D'Aguilar Gold Limited holds 52 million shares in Mt Isa Metals Limited, which equates to approximately 38% of the issued capital.

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.

 

Related Companies

Syndicated Metals Limited
         

Mt Isa Metals Limited
      

DGR Global Limited