D'Aguilar Gold Limited (ASX:DGR) Updates On Rannes And Clermont Gold Exploration Projects
Brisbane, Oct 26, 2009 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) are pleased to provide the following update on the Rannes and Clermont gold exploration Projects held by its subsidiary Central Minerals Pty Ltd.
Rannes Project Area
Drilling has resumed at Rannes Central. Four holes have been completed at Porcupine, and the rig will shortly move to Double Scoop and Crunchie.
Significant new gold targets have emerged at Police Camp Creek, approximately 12 kilometres south of Rannes Central. The surface gold values are similar to the main prospects at Central. Best gold and molybdenum soil and rock sample results are from an area some 200m southeast of the Brother Prospect previously drilled by Queensland Metals Limited in the early 1990's.
Detailed work over the Crackling Rosie prospect has demonstrated that the gold (silver molybdenum) is hosted by a brecciated silicified limestone - identical to Crunchie in appearance.
The ground magnetics imagery indicates that the demagnetised gold bearing structure dips north-easterly. No previous holes appear to have tested it. One hole (PD2) intersected 16m @ 2.3 g/t Au through the breccia outcropping south of the demagnetised target.
Clermont Project Area
New gold zones detected in sub soil sampling have emerged at Niagara north and Carrols Creek in the Clermont Project Area. The peak sub soil value of 9.8 g/t Au at Niagara North is a remarkably strong result given the lack of outcrop and the suppressing effect of post mineral cover soils.
An initial first pass drilling program on these prospects will be commenced after the current short program on the Rannes Central prospects at Porcupine Pie, Double Scoop and Crunchie is completed.
For the complete D'Aguilar ASX Announcement, please click the link below:
http://www.abnnewswire.net/media/en/docs/61637-ASX-DGR-215086.pdf
Contact
Mr Nicholas Mather
Managing Director
Tel: +61-7-3303-0680
Mob: +61-417-880-448
Email: info@daguilar.com.au
Mr Greg Runge
General Manager
Tel: +61-7-3303-0680
Mob: +61-418-546-739
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