DGR GLOBAL LIMITED — Capital/Financing Update 2009

Oct 25, 2009

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ASX Announcement

26 October 2009

Gold Exploration Update

The Directors of D’Aguilar Gold Limited (ASX Code: DGR) are pleased to provide the following update on the Rannes and Clermont gold exploration Projects held by its subsidiary Central Minerals Pty Ltd.

Rannes Project Area

• Drilling has resumed at Rannes Central. Four holes have been completed at Porcupine, and the rig will shortly move to Double Scoop and Crunchie.

• Significant new gold targets have emerged at Police Camp Creek, approximately 12 kilometres south of Rannes Central. The surface gold values are similar to the main prospects at Central. Best gold and molybdenum soil and rock sample results are from an area some 200m southeast of the Brother Prospect previously drilled by Queensland Metals Limited in the early 1990’s (see Figures 1, 2 and 3).

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Figure 1: Location of Police Camp Creek, south of Rannes Central

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RHYOLITE INTRUSIVES
POLICE CAMP CREEK
LIMIT OF SOIL SURVEYLIMIT OF SOIL SURVEYLIMIT OF SOIL SURVELIMIT OF SOIL SURVE
SOILS > 100 PPB AU
SOILS > 3 PPB A U STATUS SEPT. 09
SOILS > 40 PPB AU SOILS > 10 PPB AU RADIOMETRIC BASE
0 500 1,000 NN
PREVIOUS DPRE IO D RILL LINGLING ( BROTHER )( BRO HER )
metres
THRUSTTHRUSTTHRUSTHRUS
FAULTFAULT
3.3 3.3 GG/T AU T U PERMIAN VOLCANICS
1.3 G/T AU11.1..3 G/T AUG/T AG/T A 0.85 G/T AU0.85 G/T AU0.85 /T0.85 /T AUAU
2 2.122.1 .. 11 G/T AU G/T AU /T /T AUAU
FAULT ZONE
NOT YET ROCK NOT YET ROCK OT YET OCKOT YET OCK SS SAMPSAMPAMPAMPLELEDLELEDDD
CARBONATE LIMIT OF LIMIT OF LIMIT OF LIMIT OF
SEDIM E NTS SOIL SURVEYSOIL SURVEYSS IL SURVEIL SURVE
THRUST FAULTTHRUS FAUL
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Figure 2: Initial Police Camp Creek Soil Geochemistry and Rock Sampling

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silver dominant
in upper levels
gold dominant
in lower levels
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Figure 3: Schematic Model of Rannes Project Mineralisation Showing gold and silver zonation (not to scale)

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• Detailed work over the Crackling Rosie prospect (see Figures 1 and 4) has demonstrated that the gold (silver molybdenum) is hosted by a brecciated silicified limestone – identical to Crunchie in appearance. The ground magnetics imagery indicates that the demagnetised gold bearing structure dips north‐easterly. No previous holes appear to have tested it. One hole (PD2) intersected 16m @ 2.3 g/t Au through the breccia outcropping south of the demagnetised target.

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CRACKLIN ROSIE
UNALTERUNALTERUNALTERUNALTER EE DDDD
LIMY SEDIMENTSLIMY SEDIMENTSLILI SEDIMEN SEDIMEN SS
DRILLING TARGET - LATE 2009
BASED ON PREVIOUS DRILLINGBASED ON PREVIOUS DRILLINGBASED ON PREVIOUS DRILLINGBASED ON PREVIOUS DRILLING
GOLD MINERALISEDG LD MINE ALIS D AND RECENT GEOCHEMISTRY AND GEOLOGYAND RECENT GEOCHEMISTRY AND GEOLOGYAND RECENT GEOCHEMISTRY AND GEOLOGYAND RECENT GEOCHEMISTRY AND GEOLOGY
SILICIEOUS BRECCIASSILICI OUS BR CCIA ON A GROUND MAGNETICS BASEON A GROUND MAGNETICS BASEON A GROUND MAGNETICS BASEON A GROUND MAGNETICS BASE
AREAAREAAREAAREA GROUND MAGNETICSGROUND MAGNETICSGROUND MAGNETICSGROUND MAGNETICS
PREVIOUSLY DRILLEDPREVIOUSLY DRILLEDPREVIOUSLY DRILLEDPREVIOUSLY DRILLED AND PD2 SUGGEST AND PD2 SUGGEST AND PD2 SUGGEST AND PD2 SUGGEST
ASSUMING AASSUMING AASSUMING AASSUMING A > 40 PPB AU A NORTHEASTERLY DIPA NORTHEASTERLY DIPA NORTHEASTERLY DIPA NORTHEASTERLY DIP
I N SOILS
SOUTHWESTERLY DIPSOUTHWESTERLY DIPSOUTHWESTERLY DIPSOUTHWESTERLY DIP
PD2PD2PD2PD2
> 10 PPB AU
IN SOILS
16M 16M 16M 16M @@@@ 2.3 G/T AU 2.3 G/T AU 2.3 G/T AU 2.3 G/T AU > 3 PPB AU IN SOILS
DEMAGNETISEDDEMAGNETISEDDEMAGNETISEDDEMAGNETISED
NNNN
STRUCTURESTRUCTURESTRUCTURESTRUCTURE
0 100 200 - DEEPER DRILLING TARGET- DEEPER DRILLING TARGET- DEEPER DRILLING TARGET- DEEPER DRILLING TARGET
ALLUVIALALLUVIALALLUVIALLUVI LL
metres COVERCOVERCOVERCOVER
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Figure 4: Crackling Rosie Shoot Drilling Target (with previous drill result)

Clermont Project Area

• New gold zones detected in sub soil sampling have emerged at Niagara north and Carrols Creek in the Clermont Project Area (for location relative to Rannes see Figure 5). The peak sub soil value of 9.8 g/t Au at Niagara North is a remarkably strong result given the lack of outcrop and the suppressing effect of post mineral cover soils (see Figures 6 and 7).

An initial first pass drilling program on these prospects will be commenced after the current short program on the Rannes Central prospects at Porcupine Pie, Double Scoop and Crunchie is completed (refer Location Plan Figure 1).

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Figure 5: Location of Clermont Project Area

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Figure 6: Clermont Project Niagara North Prospect on radiometric background

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MIXED
MUTATION AND CARROLS CREEK
SOIL COVER SOILS
REGOLITH GOLD TARGETS ( VOLCANIC )
RADIOMETRIC IMAGERY BASERADIOMETRIC IMAGERY BASERADIOMETRIC IMAGERY BASERADIOMETRIC IMAGERY BASE
MUTATION
> 3 PPB AU> 3 PPB AU> 3 PPB AU> 3 PPB AU
> 6 PPB AU> 6 PPB AU> 6 PPB AU> 6 PPB AU ALLUVIAL NO OUTCROP
> 20 PPB AU> 20 PPB AU> 20 PPB AU> 20 PPB AU COVER RESIDUAL SOILS
50 - 300 PPB AU50 - 300 PPB AU50 - 300 PPB AU50 - 300 PPB AU 7516000N7516000N7516000N7516000N
NNNN
0 0.5 1
TO CLERMONTTO CLERMONTTO CLERMONTTO CLERMONT CARROLS CREEK
kilometres
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Figure 7: Clermont Project Update on Mutation and Carrols Creek Prospects (radiometric background)

On behalf of the Board K M Schlobohm Company Secretary

• ppb = parts per billion

** ppm = parts per million, equivalent to grams per tonne

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.

For further information contact:

Mr Nicholas Mather Managing Director Ph: 07 3303 0680 or 0417 880 448

Mr Greg Runge

General Manager Ph: 07 3303 0680 or 0418 546 739

Email: info@daguilar.com.au

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

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