DGR GLOBAL LIMITED — Capital/Financing Update 2008

Nov 23, 2008

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ASX Announcement

24 November 2008

Further Encouraging Drilling Results from Rannes Gold Project Prospects

Highlights

• Further thick gold – silver intersections from Crunchie Prospect, Kauffmans Prospect and Homestead Prospect

• Crunchie Prospect mineralised zone is up to 60 metres true thickness – intersections include 36m @ 2.12 g/t gold equivalent (Au Eq), 30m @ 2.44 g/t Au Eq, and 32m @ 2.75 g/t Au Eq ( refer Footnote and Tables 1 ‐ 3)

• Kauffmans Prospect extended southwards from last year’s exploration – intersections include 40m @ 2.02 g/t Au Eq and 14 m @ 4.08 g/t Au Eq

• Homestead Prospect – high grades intersected, including 32m @ 2.54 g/t Au Eq

• Drilling has continued at Homestead and Porcupine Pie Prospect – results awaited

• Extensions to all four prospects are considered likely on the basis of historic drilling data and new prospects are still being discovered across this emerging major gold district.

D’Aguilar Gold Limited and its wholly‐owned gold‐focussed subsidiary Central Minerals Pty Ltd are pleased to announce further significant gold‐silver intersections at four prospects in the central area of the large Rannes Gold Project in Central Queensland (refer Figures 1 & 2).

CRUNCHIE PROSPECT

Updated drill hole assay results from the Crunchie Prospect are shown in Table 1. The drill cross sections (refer Figure 3) and Plans (refer Figure 4) demonstrate that the Crunchie deposit has up to 60 metres true thickness and good continuity. The principal geological control appears to be a low angle thrust fault that forms a hanging wall (deposit top surface) which dips northwards. This new geological understanding of the deposit indicates a drill target zone with a length of more than 300 metres and a width of approximately 200 metres. The deposit remains open along strike in both directions and is open at depth.

To date, the length‐weighted average combined grade of intercepts above a cut‐off grade of 0.3 g/t Au Eq is approximately 1.50 g/t Au Eq. The size and grade of this mineralised zone at Crunchie are considered to be very encouraging for the discovery and delineation of a viable open pit deposit that can be bulk mined in the future using cheap, non selective mining methods like those used in the Carlin Trend gold mines of Nevada USA which has geological similarities with the Rannes Gold Project.

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STANWELL GOLDFIELD
MT MORGAN
GRANTLEIGH
NEW APPLNS
BOTTLE TREE CREEK D'AGUILAR GOLD LIMITED
Central Minerals Pty Ltd
12 MILE CREEK
Rannes Gold Project
DON NORTH Principal prospects
DON SOUTH RANNES TOWN
stream sediments > 10 ppb Austream sediments > 10 ppb Austream sediments > 10 ppb Austream sediments > 10 ppb Au
RANNES CENTRAL
NEW APPLNS PROSPECTS stream sediments > 3 ppb Austream sediments > 3 ppb Austream sediments > 3 ppb Austream sediments > 3 ppb Au
gold prospect gold prospect gold prospect gold prospect
POLICE CAMP BILOELA
PLACERS SCORIA SEDIMENT HOSTED GOLD
0 35 70
kilometres
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Figure 1: Rannes Gold Project location, prospects & gold stream sediment anomalies July 2008

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ALABAMAALABAMAALABAMAALABAMA
HOMESTEADHOMESTEADHOMESTEADHOMESTEAD
COOPERCOOPERCOOPERCOOPER KAUFFMANSKAUFFMANSKAUFFMANSKAUFFMANS
PORCUPINEPORCUPINEPORCUPINEPORCUPINE
EPM 15803EPM 15803EPM 15803EPM 15803 EPM 15779EPM 15779EPM 15779EPM 15779 EPM 15803EPM 15803EPM 15803EPM 15803
EPM 15803EPM 15803EPM 15803EPM 15803 ODYSSEYODYSSEYODYSSEYODYSSEY
SHILOSHILOSHILOSHILO LOVE ON THE ROCKSLOVE ON THE ROCKSLOVE ON THE ROCKSLOVE ON THE ROCKS
CRUNCHIECRUNCHIECRUNCHIECRUNCHIE
THE NEEDLETHE NEEDLETHE NEEDLETHE NEEDLE SOGGYSOGGYSOGGYSOGGY
RANNES CENTRAL OLD MANOLD MANOLD MANOLD MAN
PROSPECTS EPM 15803EPM 15803EPM 15803EPM 15803
ON TOPOGRAPHY IMAGEON TOPOGRAPHY IMAGEON TOPOGRAPHY IMAGEON TOPOGRAPHY IMAGE
0 3 6 VULTURE STREETVULTURE STREETVULTURE STREETVULTURE STREET CRACKLINCRACKLINCRACKLINCRACKLIN
KILOMETRES
ARSENIC WELLARSENIC WELLARSENIC WELLARSENIC WELL
PINNACLESPINNACLESPINNACLESPINNACLES
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Figure 2: Rannes Central Prospects, on tenement map over topography

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Table 1: Updated Assay Results – Crunchie Prospect

Drillhole Easting Northing Bearing Degrees Dip Degrees Depth (metres) From (metres)	To (metres) Length (metres) Intersecti Assay Au (g/T) Intersection Assay Ag (g/T) Intersection Assay Au+Ag (g/T)
Cru13** 203345 7319439 070 60 78 18	40 22 0.179 41 0.72
Cru14** 203251 7319422 000 60 54 0	32 32 1.836 41 2.38
42	54 12 0.117 37 0.60
Cru15** 203306 7319521 000 60 90 10	78 68 1.011 73 1.97
Cru17** 203252 7319455 350 60 120 0	16 16 0.569 34 1.02
Cru18** 203241 7319514 350 60 101 0	58 58 0.402 52 1.09
72	98 26 0.393 39 0.90
Cru22** 203238 7319499 350 60 120 2	14 12 0.105 32 0.52
24	70 46 0.233 41 0.77
Cru23** 203332 7319543 350 60 114 100	106 6 0.530 68 1.42
Cru24** 203335 7319507 350 60 87 40	76 36 1.108 77 2.12
Cru25** 203339 7319413 350 60 120 28	40 12 0.015 52 0.70
Cru27 203245 7319583 350 60 91 46	76 30 1.37 81 2.44
Cru28 203247 7319553 350 60 91 4	28 24 0.58 56 1.32
40	82 42 0.30 64 1.14
Cru35 203363 7319466 350 60 80 0	32 32 1.39 103 2.75

**previously reported

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SOUTH NORTH
OUTLINES OF GOLD - SILVER
MINERALISATION > 0.3 G/T EQ. CGD 2 POSN APPROXIMATE
( FROM REPORTS )( FROM REPORTS )( FROM REPORTS )( FROM REPORTS )( FROM REPORTS )( FROM REPORTS )
17 22 18 28 27 33
20 19
14
ALTERED
SEDIMENTS
50 M50 M50 M50 M
?
SEDIMENTS
? GOLD SILVER INTERSECTION
100 M100 M100 M100 M
DEEPER GOLD SILVER REPORTED 11M @ 3 G/T
TARGET
??????
THRUST
VOLCANICS - TUFFS ? FAULT
??????
CRUNCHIE SECTION 203250 E
GEOLOGY AND > 0.3 G/T AU EQ OUTLINES
50 M
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Figure 3: Crunchie Prospect cross section

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203150E 203250E 203350E
SECTION SHOWN IN FIGURE 3SECTION SHOWN IN FIGURE 3SECTION SHOWN IN FIGURE 3SECTION SHOWN IN FIGURE 3
CRUNCHIE PROSPECT
DRILLPLAN NOVEMBER 08
GEOLOGICAL INTERPRETATION GOLD SILVER MOLYBDENUM
PITCHES NORTH NORTH WEST
UNDER THE THRUST FAULT
VOLCANICS
THRUST FAULT
FORMING A HANGING WALL
TO THE MINERALISATION 7319500 N
JASPEROID
SEDIMENTS BRECCIA FLOAT VOLCANICS
7319400 N
SECTIONSECTIONSECTIONSECTION
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Figure 4: Drilling Plan, Crunchie Prospect

KAUFFMANS PROSPECT

Updated drill hole assay results from the Kauffmans Prospect are shown in the following Table 2. The recent drilling program at Kauffmans was designed to test for a south westerly extension to the discovery intersection obtained last year in Hole KAU 6, and is shown in Figure 5. The assay results have confirmed continuity of this deposit to the south east (rather than west) within the limestone – tuff sequence, with a higher grade and molybdenum rich zone that may be continuous. True thicknesses are indicated to be about 75% of the drill intersections.

Table 2: Updated Assay Results – Kauffmans Prospect

Drillhole	Easting	Northing	Bearing	Dip	Depth	From	To	Length	Intersection	Intersection	Intersection
			Degrees	Degrees	(metres)	(metres)	(metres)	(metres)	Assay	Assay	Assay
			mag						Au (g/T)	Ag (g/T)	Au+Ag (g/T)
										Mo ppm
Kau4A **	20619	7321758	350	60	90	42	60	18	0.47	4	0.47
						74	86	12	0.56	6	0.57
Kau6 **	205985	73218775	350	60	84	26	66	40	1.69	25	2.02
Incl						50	54	4	6.35	36	6.82
										440
Kau7 **	205947	7321926	170	60	90	46	52	6	1.15	3	1.15
Kau36	205985	7321829	350	60	120	10	28	18	1.69	7	1.8
						82	96	14	3.7	29	4.08
Incl						82	90	8	4.73	39	5.24
										90
Kau38	205906	7321817	350	60	120	58	64	6	0.81	5	0.88
Kau39	205940	7321832	350	60	120	74	90	16	0.58	8	0.69

**Previously reported

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SOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPB
KAUFFMANS
SOIL AU SOIL AU SOIL AU SOIL AU
> 200 PPB> 200 PPB> 200 PPB> 200 PPB 7777
46-52M46-52M46-52M46-52M 26-66M 40M @ 1.65 AU26-66M 40M @ 1.65 AU26-66M 40M @ 1.65 AU26-66M 40M @ 1.65 AU
6M6M66M @ 1.15M @ 1.15 @ 1.15 @ 1.15 A A A A UUUU
74-90M74-90M74-90M74-90M 6666 82-96M 182-96M 182-96M 182-96M 137373737 2M2M22 M @ 3.7 AUM @ 3.7 AU @ 3.7 AU @ 3.7 AU
16M @ 0.58 AU16M @ 0.58 AU16M @ 0.58 AU16M @ 0.58 AU PITCH OF HIGH GRADESPITCH OF HIGH GRADESPITCH OF HIGH GRADESPITCH OF HIGH GRADES
58-64M58-64M58-64M58-64M
10-28M10-28M10-28M10-28M [18M @ 1.69 AU] 18M @ 1.69 AU18M @ 1.69 AU18M @ 1.69 AU
6M @ 0.81 AU6M @ 0.81 AU6M @ 0.81 AU6M @ 0.81 AU39393939
36363636
38383838 KAUFFMANS DRILLPLANKAUFFMANS DRILLPLANKAUFFMANS DRILLPLAKAUFFMANS DRILLPLA
74-86M 12M @ 0.56 AU74-86M 12M @ 0.56 AU74-86M 12M @ 0.56 AU74-86M 12M @ 0.56 AU
42-60 18M @ 0.47 AU42-60 18M @ 0.47 AU42-60 18M @ 0.47 AU42-60 18M @ 0.47 AU
555555555 4A4A4A4A 4444 0 45 90
metres
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Figure 5: Drilling Plan, Kauffmans Prospect

HOMESTEAD PROSPECT

Assays have been received for the first few holes (up to Drill hole HOM 44) at the nearby Homestead Prospect (refer Table 3), and verify the postulated south west pitching deposit to the south of last year’s initial drilling. The drill plan at Homestead is shown in Figure 6, with results awaited for all holes from HOM 45 onwards. High grades have been encountered in the centre of this shoot (6m @ 7.45 g/t Au Eq) over what is close to a true width.

Table 3: Updated Assay Results – Homestead Prospect

Drillhole	Easting	Northing	Bearing	Dip	Depth	From	To	Length	Intersection	Intersection	Intersection
			Degrees	Degrees	(metres)	(metres)	(metres)	(metres)	Assay	Assay Ag	Assay
			mag						Au (g/T)	(g/T)	Au+Ag (g/T)
										Mo ppm
HOM11**	205529	7322225	170	60	108	18	72	54	0.41	8	0.51
HOM11A**	205535	7322219	350	60	67	0	12	12	0.96	13	1.13
						40	50	10	1.09	13	1.26
HOM41	205525	7321948	050	60	120	72	80	8	1.32	39	1.83
HOM43	205537	7322171	350	60	100	32	64	32	2.13	31	2.54
incl						32	38	6	6.3	87.5	7.45
										141
and						42	46	4	4.73	27	5.09
										190
HOM44	205538	7322128	350	60	120	70	86	16	1.18	12.5	1.34

**Previously reported

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9999
NO
ASSAYS
49494949 11111111 11A11A11A11A 10101010 8888 0 100 200
NO ASSAYS 32-64M32-64M2.13 AU2.13 AU32-64M32-64M2.13 AU2.13 AU metres
31 AG31 AG31 AG31 AG
48484848 4343434370 70 1.18 AU1.18 AU70 70 1.18 AU1.18 AU----86 86 86 86 MMMM 51515151 NO ASSAYSNO ASSAYSNO ASSAYSNO ASSAYS
4444444412.5 AG12.5 AG12.5 AG12.5 AG HOMESTEAD DRILL PLANHOMESTEAD DRILL PLAN
ASSAYS TO HOLE 44 ASSAYS TO HOLE 44 ASSAYS TO HOLE 44 ASSAYS TO HOLE 44
PITCH OF 47474747
46464646 NO ASSAYS
HIGH GRADES
NO ASSAYS
45454545
NO ASSAYS 40404040
OLD MINE WORKINGSOLD MINE WORKINGSOLD MINE WORKINGSOLD MINE WORKINGS 50505050
42424242
SOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPBSOIL AU > 80 PPB
72-80M72-80M72-80M72-80M KAUFFMANSKAUFFMANSKAUFFMANSKAUFFMANS
41414141 1.32 AU 39AG1.32 AU 39AG1.32 AU 39AG1.32 AU 39AG
SOIL AU SOIL AU SOIL AU SOIL AU SOIL AU SOIL AU SOIL AU SOIL AU SOIL AU
> 200 PPB> 200 PPB> 200 PPB> 200 PPB> 200 PPB> 200 PPB> 200 PPB> 200 PPB> 200 PPB 777777777
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Figure 6: Drilling Plan, Homestead Prospect

The geological controls at the Homestead and Kauffmans Prospects are not yet as well understood as seems evident at the Crunchie Prospect, however the drilling and a recent detailed ground magnetics survey suggests the alteration and mineralisation surrounds a small quartz porphyry intrusive situated directly under an old open pit mined in the 1930’s. Very strong quartz sulphide veining was encountered in Drill hole HOM 50 which was located to test this feature. Assays are awaited.

PORCUPINE PIE PROSPECT

The drilling rig has now moved to the Porcupine Pie Prospect (see Figure 2) where up to 80 metre intersections of sulphides and quartz veining have been encountered in the latest completed drill hole. Assays are still pending from the new drillholes at Porcupine Pie Prospect.

On behalf of the Board K M Nagle Company Secretary

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Footnote ‐ Gold Equivalents (“Au Equivalent”) assumptions :

In most gold‐silver mines of this geological type, both gold and silver are recovered and sold. Gold is far more valuable per gram than silver but the two precious metals can be combined into a gold equivalent value “g/t Au Equivalent”. The assumptions used for this Au Equivalent calculation are:

1 troy ounce (oz) =	1 troy ounce (oz) =	31.103477 grams (gm)	31.103477 grams (gm)	Ratio Spot Prices at 24 November for comparison Ratio 83.3 76 US$9.60/oz 1 US$799.50/oz
Metal*	Prices (US$) 15‐Oct‐08 outlook	Units	Price (US$) per gram (gm)	Ratio
Ag Au	$11 $836	/ troy ounce / troy ounce	$0.354 / gm $26.88 / gm	76 1

Where: Ag = Silver and Au = Gold (Note that gold and silver assays are expressed in grams per tonne of ore “g/t”)

In the Company’s opinion all elements included in the metal equivalent calculation have a reasonable potential to be recovered, approximately in the proportions of 85% to 95% for Ag, 90% to 95% for Au based on standard industry practice. Recoveries may change as testwork proceeds. On this basis, the formula used to calculate Au Equivalent is as follows (note no difference in relative recovery rates have been included in this calculation):

g/t Au Equivalent = g/t Au + g/t Ag / 76

For further information contact:

Mr Nicholas Mather Mr Greg Runge Managing Director General Manager Ph: 07 3303 0680 or 0417 880 448 Ph: 07 3303 0680 or 0418 546 739

Mr Kevin Nagle

Company Secretary Ph: 07 3303 0680 or 0407 623 302

Email: info@daguilar.com.au

Electronic copies and more information are available on the Company website: www.daguilar.com.au

Competent Persons Statement

The information herein that relates to Exploration Results is based on information compiled by Nicholas Mather B.Sc (Hons) Geol., who is a Member of The Australian Institute of Mining and Metallurgy. Mr Mather is employed by Samuel Holdings Pty Ltd which provides certain consultancy services including the provision of Mr Mather as the Managing Director of D’Aguilar Gold Ltd (and a director of D’Aguilar Gold Ltd’s subsidiaries).

Mr Mather has more than five years experience which is relevant to the style of mineralisation and type of deposit being reported and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves’ (the JORC Code). This public report is issued with the prior written consent of the Competent Person(s) as to the form and context in which it appears.