Gold Exploration Update

The Directors of D�Aguilar Gold Limited (ASX : DGR) are pleased to provide the following update on D�Aguilar�s Rannes gold exploration project held by its subsidiary Central Minerals Pty Ltd.

Highlights

• A major new gold and silver target has emerged at the Cooper Prospect, extending the Rannes Central belt westwards into the Bowen Basin by 7 km. Wide spaced soil values range up to 48 ppb* gold (Au) and 3.4 ppm** silver (Ag). Rock float (over 5 metres) assays of up to 1.6 g/t Au have also been recorded from this soil anomaly. Mineralised quartz vein material has been identified in local water bore cuttings. The Cooper Prospect has been defined as 1 km wide and currently open over 4 km in length (see Figure 1).
• Detailed analysis of nearby drilling and surface assay results at Crunchie and Porcupine Pie indicates that the silver mineralisation and anomalism extends (vertically) well above gold mineralisation encountered at depth in drill holes. D�Aguilar and Central will use this model to explore for gold deposits that have not been exposed by erosion (see Figure 2).
• First pass stream sediment sampling around Theodore, north west of Cracow, has recorded strong gold (to 34 ppb Au), antimony (to 238 ppm Sb) and Arsenic (to 431 ppm As) anomalism. This is indicative of both Rannes and Cracow low temperature styles of mineralisation
• Four (4) new Exploration Permits for Minerals have been applied for to the west of Cracow, based on Central Minerals interpretation that the Cracow � Theodore area is structurally analogous to Rannes. Central Minerals believes that both the Rannes and Cracow gold districts will extend into the Bowen Basin (see Figure 3)
• Mineralised structures throughout the Rannes project area are oriented west north west. The mineralised corridor through the Rannes Central prospects continues through the Scoria Prospect to Mt Perry and Mt Rawdon (Lihir Gold). A similar corridor appears evident through the Cracow-Theodore emerging prospects, the Cracow Mine (Newcrest) extending to the historic Gympie goldfield to the south east. Recognition of major structural features of this orientation in S E Qld (containing diagnostic rhyolite plugs and geochemical signatures anomalous in gold, arsenic, antimony, tellurium, silver, mercury and thallium) are thought by D�Aguilar and Central to be important in the discovery of significant gold resources.

Update Summary � Rannes Gold Project
Four (4) prospects in the Rannes Central area have now been subject to first pass drilling � Crunchie, Homestead, Kauffmans and Porcupine � with potentially economic intersections in all four.