D'Aguilar Gold Limited (ASX:DGR) Advises That Mt Isa Metals Limited (ASX:MET) Commences Drilling at Burkina Faso and AusNiCo Limited (ASX:ANW) Achieved Exploration Success at Pembroke
Brisbane, Nov 24, 2010 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) are pleased to draw the attention of shareholders to the announcements by Mt Isa Metals Limited (ASX:MET) and AusNiCo Limited (ASX:ANW).
Mt Isa Metals (MET)
Mt Isa Metals has commenced its maiden drilling program in Burkina Faso.
The drilling has been designed to test highly prospective artisanal gold mining sites including the prospects at Bantou (1km long artisanal workings with high grade gold assays) and Nabanga (3.5km long artisanal workings with high grade gold assays).
The total drilling program will compromise 5,000 metres of reverse circulation drilling, with preliminary assay results due before 31 December 2010.
The announcement can be viewed in full on the ASX website under the Mt Isa Metals code of MET, or in the "Latest News" section of the Mt Isa Metals website: http://www.mtisametals.com.au
D'Aguilar Gold Limited holds 52 million shares in Mt Isa Metals Limited, which equates to approximately 38% of the issued capital.
AusNiCo Limited (ANW)
AusNiCo has enjoyed exploration success at its Pembroke prospect, with assay results received for the first core hole drilled since the Company's debut on the ASX on 21 October 2010.
The results contain shallow, high grade gold/copper intersections and nickel intersections from the Pembroke Prospect 55km west of Gympie, Queensland. These intercepts are from the first diamond hole "PEMD1" drilled to further delineate potential open pittable nickel copper and gold resources in the highly anomalous area.
AusNiCo's Chief Executive John Downie stated that "these results, together with those previously reported, have bolstered confidence in the Company ultimately delineating a substantial open pit development at the Pembroke prospect."
Due to the regulatory limitations placed on D'Aguilar's ability to re-report the AusNiCo results, shareholders are encouraged to read the full ANW announcement.
The announcement can be viewed in full on the ASX website under the AusNiCo code of ANW, or in the "Latest News" section of the AusNiCo website: http://www.ausnico.com.au
D'Aguilar Gold Limited holds 58.5 million shares in AusNiCo Limited, which equates to approximately 53% of the issued capital.
Contact
Mr Nicholas Mather
Managing Director
D'Aguilar Gold Limited
Tel: +61-7-3303-0680
KM Schlobohm
Company Secretary
D'Aguilar Gold Limited
Tel: +61-7-3303-0661
Email: kschlobohm@daguilar.com.au
http://www.daguilar.com.au
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