Wholly owned D’Aguilar subsidiary, Central Minerals Pty Ltd, is pleased to report that unexpectedly high final silver assays have now been received for the recent first pass drilling program undertaken at the Rannes Gold Project in Central Queensland. These unexpectedly high silver values significantly increase the effective grade of the gold‐silver intercepts. The Company has a large tenement position covering many prospects across this emerging gold province (see location Figure 1 & prospects Figure 2).

Highlights

• Crunchie Prospect has been significantly enhanced by high silver (Ag) assays. For example, 40 metres (m) @ 76.2 g/t Ag in hole CRU15, including 6m @ 115.6 g/t Ag and 8m @ 106.5 g/t Ag.
• Untested New Prospects west of Crunchie Prospect contain higher silver stream sediment anomalism than at Crunchie which indicates that silver will be a significant credit in many prospects in the Rannes Gold Project province.
• Porcupine, Kauffmans and Homestead Prospects have been enhanced by additional silver values.

The final silver assays relate to the excellent gold intercepts already reported ‐ see detailed ASX Announcement dated 14 December 2007. At that time, the final silver assays had not been received, especially for the Crunchie Prospect. The final, complete assay results for the 16‐hole first‐pass drilling in late 2007 are shown in Table 2 below. Currently, 57 grams of silver has the same value as 1 gram of gold (see gold equivalence footnote at end of this report).

Crunchie Prospect
Crunchie (refer Figure 3) is now developing as an exciting gold prospect containing a significant silver credit. Holes CRU14 and CRU15, collared more than 100 metres apart recorded high grades of gold and silver. The soil geochemical pattern shows a wider spread of silver values than for gold at Crunchie.

Gold Mineralisation Style – similar to Carlin Trend, Nevada USA
Gold mineralisation at the Rannes Gold Project is considered to be “epithermal” in origin – as is the deposit at Cracow 120kms to the South. However, at Rannes, the association of the fine‐grained gold mineralisation with limestone rocks is more akin to the major Carlin‐styled gold orebodies in Nevada, USA.

Many gold deposits within the Carlin province in Nevada are silver‐rich like those at Rannes. Geological knowledge about the Rannes Gold Project in SE QLD is at a very early stage and will increase rapidly as exploration proceeds across this large gold district which lies in tenements held by the Company.

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