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Quarterly Report
March Quarter 2008 |
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Quarterly Report for the Period Ended March 2008
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Highlignts
- Tenements secured over the newly identified sediment‐hosted gold province centred on Rannes, Central Queensland. Drilling commencing
- Encouraging gold and silver results in soil samples extend immediate prospective areas for Carlin type sediment hosted gold at Rannes Gold project, Central Queensland
- Appointment of Mr Vincent Mascolo as General Manager of Anduramba Molybdenum Pty Ltd and advancement of detailed feasibility studies on the 32 million tonnes 0.06% Mo Equiv
(see Footnote 1) Anduramba Project near Brisbane, in South East Queensland
- Granting of major tenements in Mt Isa Metals Limited, and advancement of Mt Isa Metals towards IPO and ASX listing, mid 2008
- Field work in Eastern Uranium Pty Ltd identifies two new gold/silver prospects, and Potential high tonnage sedimentary iron ore endowment along Evergreen Formation, Northern Surat Basin
- Drilling undertaken and continuing on AusNiCo Pty Ltd tenements
Diverse field programs underway
- Three rigs active on the Sutakiki high grade gold project, Solomon Gold, Guadalcanal, Solomon Islands. (DAguilar 1% net smelter royalty and 1.06m shares)
- Group cash resources of $4.0 million
Overview
During the quarter, the Company advanced exploration projects strongly within the parent and subsidiary companies. A heavy wet season slowed field work, especially in Central Queensland but drilling was able to commence on AusNiCos nickel
tenements near Gympie in March and exploration activities have continued in all DAguilar Group subsidiaries.
Many Exploration Permits for Minerals were granted during the quarter, and in particular those related to the Gregory area, a cornerstone iron oxide copper gold project, of Mt Isa Metals Limited. This paves the way for Mt Isa Metals to complete an IPO
capital raising and ASX listing in the next four months. The location of DAguilar project interests in the parent and subsidiary companies in Southern Queensland is shown in the accompanying Figure 1. The location of the Mt Isa Metals projects in Central
and North‐West Queensland is shown in Figure 2.
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This email was sent by Nicholas Mather, D'Aguilar Gold Ltd, Level 5, 60 Edward Street, Brisbane Australia 4000
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VanEck Vectors Global Alternative Energy ETF
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DEVELOPMENT STAGE |
CODE : DGR.AX |
ISIN : AU000000DGR8 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
D'Aguilar is a gold exploration company based in Australia. D'Aguilar develops gold and molybdenum in Australia, and holds various exploration projects in Australia. Its main asset in development is ANDURAMBA in Australia and its main exploration properties are MOUNT COBALT, STEVENS BASIN and AUSNICO in Australia. D'Aguilar is listed in Australia and in Germany. Its market capitalisation is 664 191 as of today (US$ 447 719, € 409 349). Its stock quote reached its highest recent level on June 15, 2007 at 0.47, and its lowest recent point on July 19, 2024 at 0.01. D'Aguilar has 47 442 200 shares outstanding. |