D'Aguilar Gold Limited (ASX:DGR) Advises Market Update of Solomon Gold (LON:SOLG)

Brisbane, Dec 3, 2010 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) are pleased to draw the attention of shareholders to last night's announcement by Solomon Gold Plc (LON:SOLG) in relation to its 100% owned projects at Mt Perry and Rannes in Queensland, and Fauro Island in the Solomons.

Exploration - Rannes

Assay results have been received for various prospects within the Rannes Project. Encouraging results have been received for drill holes at Brother, Cracklin Rosie and Crunchie. Further drilling is now planned for the Brother prospect.

The Company has continued to discover mineralized prospects returning gold intersections over a 25km long north-westerly trend at Rannes. The discoveries provide further support for Solomon Gold's development of a new Carlin-style sediment hosted gold trend on the eastern margin of the Bowen Basin in Queensland.

Exploration - Mt Perry

Excessive rain has hampered the rate of drilling and subsequent assays. However, work continues at the Bania, Spring Pig, Nikos South and Augustine prospects. Drilling is presently underway at Spring Pig.

Exploration - Fauro

Solomon Gold has received the grant of the Fauro East prospecting licence over Masamasa and Piru Islands, east of the existing Fauro Prospecting licence. The grant of Fauro East is expected to double the available inventory of rich gold and copper targets in the Fauro Caldera.

Fieldwork (geological mapping, trenching BLEG and rock sampling) continues over the Fauro Prospects. The 9,900m drilling program is expected to commence at Fauro on Schedule in mid-December.

Corporate

Following its successful A$24 million capital raising, Solomon Gold reached agreement with D'Aguilar Gold for the early repayment of the A$1 million Convertible Note, due to expire on 19 February 2011.

Due to the regulatory limitations placed on D'Aguilar's ability to summarise these results, shareholders are encouraged to read the full Solomon Gold announcement. The announcement can be viewed in full under the "Latest News" section of the Solomon Gold website: http://www.solomongold.com

D'Aguilar Gold Limited holds 35.2 million shares in Solomon Gold, which equates to 12.6% of the issued capital.

Contact

Mr Nicholas Mather Managing Director KM Schlobohm Company Secretary D'Aguilar Gold Limited Email: info@daguilar.com.au http://www.daguilar.com.au