DGR Global Limited Stock Market Press Releases and Company Profile
D'Aguilar Gold Limited (ASX:DGR) Reports Mt Isa Metals Limited (ASX:MET) Burkina Faso Gold Project Exploration Update
D'Aguilar Gold Limited (ASX:DGR) Reports Mt Isa Metals Limited (ASX:MET) Burkina Faso Gold Project Exploration Update

Brisbane, Oct 27, 2010 AEST (ABN Newswire) - D'Aguilar Gold Limited (googlechartASX:DGR) are extremely pleased to draw the attention of shareholders to today's announcement by Mt Isa Metals Limited (googlechartASX:MET) regarding the recommencement of exploration activities at its Gold Project in Burkina Faso, West Africa.

The A$3.6m program will provide a comprehensive assessment of multiple gold targets across the Company's significant land holding in Burkina Faso. MET holds multiple targets that each have potential for discovery of large-scale gold deposits.

Highlights:

- A$3.6 million Burkina Faso gold exploration program commenced following cessation of the northern hemisphere wet season.

- RC drilling of high priority targets scheduled to commence in early November with initial assay results expected before year end.

- Priority drill targets include:

(1) Nabanga - 3.6km long high grade (+10g/t Au) quartz vein system;

(2) Bantou - 1.0km long artisanal workings with rock chips to 1.5m @ 43.1g/t Au.

(3) High resolution helicopter-borne magnetic/radiometric survey commenced over Yactibo and Tapoa projects to identify additional gold targets.

(4) Regional soil sampling programs commenced over selected project areas.

(5) Regional exploration office established in Ouagadougou - 5 full time geologists currently "on the ground".

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.

Contact

Mr Nicholas Mather
Managing Director

Karl Schlobohm
Company Secretary

D'Aguilar Gold Ltd
Ph: +61-7-3303-0680



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 4) (Last 30 Days: 28) (Since Published: 4594)