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D'Aguilar Gold Secures Kilkivan Land Base
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The Directors of D'Aguilar Gold Ltd (D'Aguilar) are pleased to advise that they have reached agreement to acquire the freehold title to some 328 hectares (811 acres) of land at Kilkivan underlying regional exploration and mining interests held by
DAguilar and D'Aguilars 90% owned nickel specialist subsidiary AusNiCo Pty Ltd. The acquisition supersedes all prior agreements, including land use, rehabilitation and mining compensation arrangements with the previous landowner.
D'Aguilar continues to be active in the region through the ongoing operations of its subsidiary AusNiCo which is focussing on the nearby Mt Cobalt and Black Snake oxide nickel deposits. AusNiCo recently raised $2m for 10% of the company and is planning
an IPO and a stock exchange listing by the end of the first quarter of 2008.
The Company appointed Mr Ian Levy as the CEO and Managing director of AusNiCo in June 2007. The discovery of broad areas of previously misinterpreted ultramafic belts and
the widespread presence of nickel mineralisation, combined with laboratory recoveries of approximately 75% of the nickel content under low pressures and temperatures, has defined a new nickel province for AusNiCo in southern Queensland. The Company has
also recently identified an increased prospectivity for nickel sulphide and platinum Group metals in the area.
This substantial freehold land package and DAguilars overlying mining leases secures a strategic operation base and future plant site for the group as AusNiCo continues with its nickel exploration and appraisal program in the
region. | | |
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This email was sent by Nicholas Mather, D'Aguilar Gold Ltd, Level 5, 60 Edward Street, Brisbane Australia 4000
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D'Aguilar Gold Ltd
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EN DÉVELOPPEMENT |
CODE : DGR.AX |
ISIN : AU000000DGR8 |
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D'Aguilar est une société d’exploration minière d'or basée en Australie. D'Aguilar est en développement de projets d'or et de molybdène en Australie, et détient divers projets d'exploration en Australie. Son principal projet en développement est ANDURAMBA en Australie et ses principaux projets en exploration sont MOUNT COBALT, STEVENS BASIN et AUSNICO en Australie. D'Aguilar est cotée en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 7,9 millions AU$ (5,3 millions US$, 4,8 millions €). La valeur de son action a atteint son plus haut niveau récent le 15 juin 2007 à 0,47 AU$, et son plus bas niveau récent le 19 juillet 2024 à 0,01 AU$. D'Aguilar possède 567 580 032 actions en circulation. |