D'Aguilar Gold Limited (ASX:DGR) Quarterly Activities Report For June 2009

Brisbane, July 27, 2009 AEST (ABN Newswire) - During the quarter, D'Aguilar Gold Limited (ASX:DGR) field exploration activities have been concentrated on soil sampling and geological mapping on Central Minerals, AusNiCo and Ridge Exploration prospects, leading to the identification of new drill targets and extensions to areas of known mineralisation. New applications for Explorations Permits for Minerals have been lodged by D'Aguilar, AusNiCo, Central and Ridge. Unprospective areas not returning encouragement have been relinquished.

GOLD - Central Minerals Pty Ltd

Central Minerals is focused on the discovery and development of gold resources in Qld. D'Aguilar Gold owns 79% of Central following the successful raising of A$400,000 for the issue of 8% of Central to seed investors.

Mapping of recent soil, stream and rock sampling has significantly extended the evident gold and silver mineralisation in the Rannes Central Project area.

A major new gold and silver target has emerged at the Cooper Prospect, extending the Rannes Central belt westwards into the Bowen Basin by 7 km. Wide spaced soil values range up to 48 ppb (parts per billion) gold (Au) and 3.4 ppm (parts per million, equivalent to grams per tonne, or g/t) silver (Ag). Rock float (over 5 metres) assays of up to 1.6 g/t Au have also been recorded from this soil anomaly. Mineralised quartz vein material has been identified in local water bore cuttings. The Cooper Prospect has been defined as 1 km wide and currently open over 6 km in length.

Detailed analysis of nearby drilling and surface assay results at the Crunchie and Porcupine Pie Prospects indicates that the silver mineralisation and anomalism extends (vertically) well above the gold mineralisation encountered at depth in drill holes. D'Aguilar and Central will use this model to explore for gold deposits that have not been exposed by erosion.

In the Cracow-Theodore Project area, first pass stream sediment sampling around Theodore, north west of Cracow, has recorded strong gold (to 34 ppb Au), antimony (to 238 ppm Sb) and Arsenic (to 431 ppm As) anomalism. This is indicative of both Rannes and Cracow low temperature styles of mineralisation. A new Exploration Permit for Minerals has been applied for to the west of Cracow, based on Central Minerals interpretation that the Cracow-Theodore area is structurally analogous to Rannes. Central Minerals believes that both the Rannes and Cracow gold districts will extend in to the Bowen Basin.

Further north, follow up work at the Stanwell Project area has located new mineralised porphyry veins and breccias in the Bowen Basin sediments, as well as epithermal vein material in volcanics. A new Exploration Permit for Minerals has been lodged over the area east of the historic Stanwell goldfield.

In the far north of the Central Minerals tenement areas, soil surveys and geological work has continued in the Clermont Project area. Large new soil gold targets have emerged at Mutation and Niagara North. A new Exploration Permit for Minerals has been lodged to cover extensions to the Mutation prospect with widespread gold anomalies east of the old Belyando mine area.

NICKEL AND COBALT - AusNiCo Limited

AusNiCo is D'Aguilar's 80% owned nickel exploration subsidiary, focussed on defining nickel sulphide and oxide mineralisation in extensive new provinces in Queensland. In 2008, the company discovered the first significant nickel sulphide mineralisation in Qld at Pembroke near Kilkivan in Hole PEM 2 (8 metres @ 0.73% nickel within a 50 metres zone averaging 0.34% Ni near surface). A large zone of oxide nickel mineralisation is under assessment at Mt Cobalt in the same area. AusNiCo is investigating a number of opportunities for a substantive IPO and stock exchange listing.

During the quarter AusNiCo continued surface exploration in the Kandanga nickel belt located 60 km south of Kilkivan and in the Boyne - Mundubbera ultrabasic belt located 100 km northwest of Kilkivan. Both belts are considered prospective for nickel, cobalt, chrome and platinum group metals. This has led to the recognition of a 10km long 1km wide belt of ultrabasics at Kandanga anomalous in nickel, cobalt, copper, gold and platinum, and coincident with magnetite rich skarn development. Kandanga is interpreted to be geologically similar to the Pembroke - Mt Cobalt nickel belt south of Kilkivan which was drilled by AusNiCo during 2008 with positive results. In early June the company applied for a new small EPM on recently vacated ground that gives D'Aguilar and AusNiCo complete coverage of the Kandanga nickel belt.

Following substantial rain delays, drilling of the Amamoor Range nickel target was able to commence late in the quarter. While located on adjacent ground held by the parent company D'Aguilar Gold Limited, the drilling of the two diamond core holes supported under the Qld Government Collaborative Drilling Initiative is planned to provide an initial test of the northern end of the nickel - platinum soil and magnetic anomaly at Kandanga. Early visual indications of recovered core have been encouraging.

IRON ORE - Ridge Exploration Pty Ltd

Ridge Exploration Pty Ltd has been undertaking evaluation of iron formations in the Surat Basin since May 2008, and identified a large iron ore prospect at Cadarga, 100 km south west of Mundubbera and 80 km east of Wandoan. An area in excess of 200 square km has been delineated containing > 30% iron in rocks.

As announced to the ASX on 29 April, mapping and sampling work in the Cadarga area has now led to the discovery of high grade titanium dioxides (to 31% TiO2) around an interpreted basaltic volcanic centre near the town of Monogorilby 25 km east of Cadarga.

The prospect is flat lying within a lateritised volcanic breccia and covers approximately 6 square km around a diatreme style of volcanic vent. The prospect appears to be up to 10 metres thick, with the outcropping top 1-2 metres thick high grade mineralised material grading 10 - 31 % TiO2.

Further mapping and sampling has been undertaken at Monogorilby since the initial assay results were received. Several representative samples are currently undergoing mineralogical assessment as the first step in determining the recoverability of the TiO2.

For the complete D'Aguilar Gold Ltd Quarterly Activities Report for June 2009, please click the link below:

http://www.abnnewswire.net/media/en/docs/61111-ASX-DGR-212191.pdf

Contact

Mr Nicholas Mather Managing Director Tel: +61-7-3303-0680 Mob: +61-417-880-448 Email: info@daguilar.com.au