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D'Aguilar Gold Ltd

Publié le 29 août 2007

Drilling Results Extend Mineralisation at Anduramba Molybdenum Project

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Drilling Results Extend Mineralisation at Anduramba Molybdenum Project


Highlights:

  • Further definition of high grade Molybdenum (Mo) zones; high Silver (Ag)
  • Hole 33: 84 m @ 0.11% Mo & 5.1g/t Ag = 0.12% Mo Equivalent (Eq)
  • Hole 36: 88m @ 0.075% Mo & 23 g/t Ag = 0.10% Mo Eq
  • Hole 37: 114m @ 0.095% Mo & 11.8 g/t Ag = 0.11% Mo Eq
  • Hole 38: 32m @ 0.05% Mo & 74g/t Ag, 0.26% Cu = 0.13% Mo Eq
    (refer footnote below regarding metal equivalence aggregation methods)

D’Aguilar Gold Limited’s wholly owned subsidiary, Anduramba Molybdenum has received assays for the first 8 holes of a 20 hole reverse circulation drilling program at Anduramba, located 30 kilometres north of Toowoomba, SE Qld. The new results confirm further high grade intersections and extend the mineralisation to the northeast beyond the current resource outline. The previous Inferred Resource estimate for Anduramba (refer ASX Announcement 2 July 2007) was 26.6 million tonnes (above a cut-off grade of 0.03% Mo
Equivalent) averaging 0.07% Mo Equivalent.

Location of the latest 20 drillholes, numbered 33 to 52 are shown in Figure 1 and details for the first 8 holes are summarised in Table 1.
Long intersections of high grade molybdenum (“Mo”) were evident in several holes, especially in Hole 33 averaging 0.11% Mo over 84 metres (36 – 120m) and Hole 37 averaging 0.1% Mo over 114 metres (4 – 118m). Elevated silver (“Ag”) levels were also encountered in Holes 37, 38 and 39, most notably, a 32m section of Hole 38 which averaged 73.6 g/tonne Ag.

These results demonstrate a late-stage silver-copper mineralising event that enhances the scope for significant silver-copper credits in parts of the Anduramba orebody.

Assays for the remaining 12 holes of the program are expected in 4 weeks and independent resource modelling and open pit design will then be undertaken.

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D'Aguilar Gold Ltd

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D'Aguilar Gold Ltd

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CODE : DGR.AX
ISIN : AU000000DGR8
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D'Aguilar est une société d’exploration minière d'or basée en Australie.

D'Aguilar est en développement de projets d'or et de molybdène en Australie, et détient divers projets d'exploration en Australie.

Son principal projet en développement est ANDURAMBA en Australie et ses principaux projets en exploration sont MOUNT COBALT, AUSNICO et SOLOMON GOLD en Australie.

D'Aguilar est cotée en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 7,9 millions AU$ (5,3 millions US$, 4,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 15 juin 2007 à 0,47 AU$, et son plus bas niveau récent le 05 avril 2024 à 0,01 AU$.

D'Aguilar possède 567 580 032 actions en circulation.

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