D'Aguilar Gold Limited (ASX:DGR) Update On AusNiCo (ASX:ANW) Exploration Activities And Metallurgical Testing

Brisbane, April 27, 2011 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) are pleased to draw the attention of shareholders to today's announcement by AusNiCo Limited (ASX:ANW) in relation to various aspects of its on-going exploration programs in South-east Queensland.

Highlights include:

- Geophysical techniques utilising Induced Polarization "IP" have been successfully applied at Pembroke, Silver Valley and Mt Clara to identify zones of disseminated sulphide mineralisation.

- A 2,500 metre Reverse Circulation "RC" drilling campaign is underway to define the extent of mineralization and tonnage potential at Pembroke, Silver Valley, Mt Cobalt and Mt Clara.

- Samples of Pembroke drill core have been independently tested, returning very encouraging results with preliminary nickel recovery of 72.6% and a concentrate containing 11.8% nickel.

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: www.ausnico.com.au D'Aguilar Gold Limited holds 58.85 million shares (53%) in AusNiCo Limited.

Contact

Mr Nicholas Mather Managing Director D'Aguilar Gold Limited Ph: +61-7-3303-0680 Mob: +61-417-880-448 Karl Schlobohm Company Secretary D'Aguilar Gold Limited Ph: +61-7-3303-0680