D'Aguilar Gold (ASX:DGR) Announce AusNiCo (ASX:ANW) Further Copper, Nickel And Gold Intersections At Pembroke
D'Aguilar Gold (ASX:DGR) Announce AusNiCo (ASX:ANW) Further Copper, Nickel And Gold Intersections At Pembroke
Brisbane, Mar 2, 2011 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) are pleased to draw the attention of shareholders to today's announcement by AusNiCo Limited (ASX:ANW) in relation to further shallow, high grade gold-copper and nickel intersections being encountered at its Pembroke Prospect 55km west of Gympie, Queensland. These intercepts are from the third (PEMD3) and fourth (PEMD4) diamond holes drilled to further delineate potential open pittable nickel, copper and gold resources in the highly anomalous area.

HIGHLIGHTS
- Extension of mineralisation at Pembroke;

- Persistence of Oxide mineralisation in Copper - Gold zone at Pembroke;

- Induced Polarisation survey to define sulphide mineralised shells around intrusions;

- Metallurgical tests commenced to determine nickel content and recoverability of sulphides in nickeliferous greenstone zones at Pembroke and Mt Cobalt;

- Drilling continuing at Pembroke Mt Cobalt and Silver Valley prospects to the east.

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.

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.

 


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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