D'Aguilar Gold Ltd

Published : May 05th, 2011

Navaho Gold: Commencement of Drilling

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Navaho Gold � Commencement of Drilling at Stevens Basin, Nevada, USA

The Directors of D'Aguilar Gold Limited (D'Aguilar) are pleased to draw the attention of shareholders to this morning's announcement by Navaho Gold Limited (ASX: NVG) regarding the commencement of drilling on its Steven's Basin Project in Nevada, USA.

The Stevens Basin Project is located in Eureka Mining District on the Battle Mountain Trend. The area is subject to a farm-in agreement with Columbus Gold Corp whereby Navaho Gold can earn a 70% interest in the project.

The drill program is principally designed to commence testing surface gold mineralisation defined by widespread gold in rockchips (ranging from below detection to 2.5g/t) and a 760 metre long, openended soil anomaly in work previously conducted by Columbus Gold Corporation. The strong tenor of the geochemical anomaly and its trend, coincident with potential major structural features, make it a compelling prospect.

D'Aguilar holds 27,052,267 shares in Navaho Gold, representing 29% of the issued capital. In addition, D'Aguilar holds 17,428,667 options to acquire further Navaho Gold shares at 20 cents through to 31 December 2013.

Further information regarding Navaho Gold, its projects, management team and copies of its ASX announcements are available on the Company's website at www.navahogold.com

Karl Schlobohm
Company Secretary
+61 7 3303 0680

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This email was sent by D'Aguilar Gold Ltd, D'Aguilar Gold Ltd, Level 5, 60 Edward Street, Brisbane Australia 4000
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navaho gold: commenc

navaho gold: commenc

D'Aguilar Gold Ltd

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CODE : DGR.AX
ISIN : AU000000DGR8
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D'Aguilar is a gold exploration company based in Australia.

D'Aguilar develops gold and molybdenum in Australia, and holds various exploration projects in Australia.

Its main asset in development is ANDURAMBA in Australia and its main exploration properties are MOUNT COBALT, STEVENS BASIN and AUSNICO in Australia.

D'Aguilar is listed in Australia and in Germany. Its market capitalisation is AU$ 8.5 millions as of today (US$ 5.5 millions, € 5.2 millions).

Its stock quote reached its highest recent level on June 15, 2007 at AU$ 0.47, and its lowest recent point on April 24, 2024 at AU$ 0.02.

D'Aguilar has 567 580 032 shares outstanding.

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Nominations of D'Aguilar Gold Ltd
11/27/2007Appoints Peter Spiers CEO of Mount Isa Metals Pty Ltd
Project news of D'Aguilar Gold Ltd
6/23/2011Navaho Gold Exploration Update
6/16/2011Coast Resources Showcase
5/5/2011(Stevens Basin)Navaho Gold: Commencement of Drilling
2/25/2011(Ridge Exploration)Ridge Exploration Update
5/28/2009(Rannes)Gold Exploration Update
11/24/2008(Rannes)Further Encouraging Drilling Results from Rannes Gold Projec...
8/29/2007Drilling Results Extend Mineralisation at Anduramba Molybden...
7/25/2007(Bathurst)Highly encouraging Copper – Gold – Silver – Zinc results
Corporate news of D'Aguilar Gold Ltd
10/14/2011New Business Generation to Drive DGR
10/14/2011Asset Update
10/14/2011Armour Energy Current Position
9/15/2011Media Coverage
7/15/2011CEO Presentation
6/23/2011Archer Resources Exploration Announcement
4/28/2011Quarterly Activities Report March 2011
9/17/2009on Merger of AusNiCo & Lionsgate Metals Inc & Progress on ke...
9/3/2009Merger of AusNiCo Limited with Liongate Metals Inc
4/23/2008Quarterly Report
12/21/2007High Silver Assays Confirmed at Rannes Gold Project
12/14/2007Excellent New Gold and Silver Discoveries at Rannes Gold Pro...
11/30/2007Share Purchase Plan closed early following a strong level of...
11/8/2007Solomon Gold plc's Gold Discovery at Sutakiki, Solomon Islan...
11/2/2007 Share Purchase Plan Clarification
11/2/2007 Share Purchase Plan
10/17/2007Drill Results expand West mineralisation at the Anduramba Mo...
8/31/2007Secures Kilkivan Land Base
6/6/2007Eastern Uranium raises $1.6m in seed capital
6/4/2007AusNiCo completes $2 million raising preparatory to IPO and ...
6/1/2007Ian Levy appointed CEO of AusNiCo Pty Ltd
5/7/2007Anduramba raises $1.5m in Converting Notes
5/1/2007Quarterly Report
4/3/2007Molybdenum Project at Anduramba Doubles for D'Aguilar
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