DGR Global - Market Update of Global Resource Industry Interests

28 August 2013 

The Board of Directors of DGR Global Limited (ASX:DGR) is pleased to report the continued development of its wider global resource industry interests with the following recent developments. DGR Global is represented on the board of each of its investment interests and has provided varying degrees of corporate and technical support contributing to their initial and on-going development. In addition there are a number of unlisted subsidiaries in the DGR Global group which promote the opportunity for further world class discoveries. 

The most advanced example of which is IronRidge Resources, which holds prospective tenements in Queensland, as well as two key prospective iron ore projects in Gabon featuring high-grade rock samples; the first major tenement area being close to the giant Belinga Railway project, and a second site at Tchibanga, which is only 60km east of the Gabonese port of Mayumba. 

HIGHLIGHTS:

 Armour Energy Limited (DGR: 75 Million shares: 25%)

• 3,000km2 airborne geophysical survey over the western portion of ATP 1087 in North Queensland completed . The objective of the airborne survey technique was to identify other target areas within the western portion of ATP 1087 that bear the same or similar gravity-magnetic characteristics to the prospective targets already identified by Armour in the eastern portion of ATP 1087.
• Well Update � ATP 1087  
  • Egilabria 4 vertical well spudded on Saturday 24th August to target muliple plays. 
  • Egilabria 2 well readied for hydraulic stimulation. 

AusNico Limited (DGR: 60 million shares: 14%)

• Maiden Mineral Resource (JORC 2012) estimate for Taronga Tin Project including: 
  • 36.3M tonnes @ 0.16%Sn for 57,200 tonnes of contained tin;
  • 36.3M tonnes @ 0.07% Cu for 26,400 tonnes of contained copper;
  • 36.3M tonnes @ 3.8g/t Ag for 4,400,000 ounces of contained silver.

• Further to the previous DGR Global market update of 23 August, SolGold has been advised by Cornerstone that the Environmental Licence has now been signed by the Minister of Environment in Ecuador�s capital, Quito.

• The Environmental Licence was a key requirement to transition the Cascabel tenement from "Early Stage" exploration to "Advanced Stage" exploration, with the Cascabel tenement now having been renewed for a term of 4 years. The signing of the Environmental Licence now enables the commencement of drilling on the Cascabel Project.