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Orbis Gold Investment Update
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The Directors of DGR Global Ltd (DGR, the Company) advise that Orbis Gold Ltd (Orbis, ASX:OBS), in which DGR holds 39m shares (or 17.8%), earlier this week announced the discovery of a world class gold system at Natougou, with a maiden resource estimate of 15 million tonnes of indicated and inferred resource at a grade of 3.7g/t gold for 1.8m ounces of contained gold. The resource is open in all lateral directions.
- Potential for further discovery at Natougou and Bantou. At Natougou the 1.1km2 surface footprint of the resource is only 3% of the area of the >10 ppb gold in soil anomaly leaving the remaining 97% still to be explored;
- DGR considers the likelihood of further discoveries in this prospective zone to be high;
- Natougou resource is approximately 2.5 times the average global gold resource replacement grade, differentiating Natougou from lower grade recent gold resource discoveries;
- Thanks to the support of its loyal shareholders, DGR has recently completed an oversubscribed rights issue and placement raising $1.95 million to fund DGR�s entire operational requirements on its current business plan for the next year;
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This email was sent by DGR Global, DGR Global Ltd, Level 27, 111 Eagle St, Brisbane, Australia, 4000
to newsrelease@24hgold.com
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