D'Aguilar Gold Limited (ASX:DGR) Announce Commencement Of Navaho Gold Limited (ASX:NVG) Gold Drilling In USA

Brisbane, May 5, 2011 AEST (ABN Newswire) - D'Aguilar Gold Limited (ASX:DGR) are pleased to draw the attention of shareholders to this morning's announcement by Navaho Gold Limited (ASX:NVG) regarding the commencement of drilling on its Steven's Basin Project in Nevada, USA.

The Stevens Basin Project is located in Eureka Mining District on the Battle Mountain Trend. The area is subject to a farm-in agreement with Columbus Gold Corp (CVE:CGT) (PINK:CBGDF) whereby Navaho Gold can earn a 70% interest in the project.

The drill program is principally designed to commence testing surface gold mineralisation defined by widespread gold in rockchips (ranging from below detection to 2.5g/t) and a 760 metre long, openended soil anomaly in work previously conducted by Columbus Gold Corporation. The strong tenor of the geochemical anomaly and its trend, coincident with potential major structural features, make it a compelling prospect.

D'Aguilar holds 27,052,267 shares in Navaho Gold, representing 29% of the issued capital. In addition, D'Aguilar holds 17,428,667 options to acquire further Navaho Gold shares at 20 cents through to 31 December 2013.

Further information regarding Navaho Gold, its projects, management team and copies of its ASX announcements are available on the Company's website at http://www.navahogold.com

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