D'Aguilar Gold Limited (ASX:DGR) Announce Solomon Gold (LON:SOLG) Exploration Update

Brisbane, Feb 1, 2011 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) is pleased to draw the attention of shareholders to last night's announcement by Solomon Gold Plc (LON:SOLG) in relation to it exploration programs in Queensland Australia and the Solomon Islands.

Key Points are as follows:

Fauro Island, Solomon Islands (100% Solomon Gold)

- Diamond drilling continues on the Meriguna Prospect. The first hole (FDDH001) currently at 480m depth down hole entered magnetite bearing potassic alteration and mineralisation at 450m, consistent with the strong magnetic anomalies and porphyry target modelled.

- FDDH001 is also targeting gold rich quartz veining encountered in surface trenches previously announced.

Rannes, Central Queensland Projects (100% Solomon Gold)

- Drilling continues at the Rannes Project, on the Kauffmans, Homestead, Crunchie and Brother Prospects.

- Encouraging assay results have been recorded from Kauffmans and Homestead.

- Kauffmans remains open to the north and at depth where the best intersections have been recorded.

- Bulk style mineralisation in a potential rhyolite dome setting indicated in thick intersections in KAU50, 66m at 0.9g/t gold equivalent from 26m and 38m at 1.6g/t gold equivalent from 134m.

- Crunchie drill hole successful in locating high grade extension to mineralisation, 2m at 5g/t gold and 188g/t silver.

General

- The flooding in Queensland has had a minor impact on drilling at Rannes Project.

- Due to the unseasonal bad weather at Mt Perry, the start-up of drilling has been delayed following the Christmas break. Exploration crews are establishing access.

- A further Guadalcanal update from Solomon Gold is due shortly

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

Due to the regulatory limitations placed on D'Aguilar's ability to summarise these types of releases, 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://solomongold.com.

Contact

Mr Nicholas Mather Managing Director D'Aguilar Gold Limited Ph: +61-7-3303-0680 Karl Schlobohm Company Secretary D'Aguilar Gold Ltd Ph: +61-7-3303-0680 D'Aguilar Gold Limited Email: info@daguilar.com.au http://www.daguilar.com.au