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DGR GLOBAL LIMITED Capital/Financing Update 2013

Aug 27, 2013

64771_rns_2013-08-27_f41ef65f-7190-4b95-930c-8bfec4fe3029.pdf

Capital/Financing Update

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DGR Global Limited

28 August 2013

Market Update of Global Resource Industry Interests

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.

It is important to note that DGR Global is not merely the collection of a series of investment assets. The DGR Global business model is focused on the repeatable process of generating commodity‐focused resource exploration companies and developing them from their early exploration stages through to independently financed, listed and managed companies.

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

Airborne Geophysical Survey – ATP 1087

  • 3,000km[2] 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, including the successful Egilabria 2 vertical well.

  • The processed results of the data will be used to further define multiple play types including conventional, Lawn Shale, and Riversleigh Shale targets. This data, along with previous gas shows in the Riversleigh in the Argyle Creek 1 and Desert Creek 1 wells will support the prospectivity of the Lawn Shale and Riversleigh in the western portion of ATP 1087.

  • Armour is aiming to delineate prospective resources in the Riversleigh across ATP 1087 (Figure 2) by the end of October 2013.

Well Update – ATP 1087

  • Egilabria 4 vertical well spudded on Saturday 24th August to target muliple plays. The Egilabria 4 vertical well will be drilled to a planned depth of 1,800m targeting mul�ple plays― the Lawn and Riversleigh Shales as well as the basal Jurassic sands of the Carpentaria Basin.

  • Egilabria 2 well readied for hydraulic stimulation. Following successful logging operations, equipment is in the process of being mobilized and an 8‐stage hydraulic stimulation is planned within the next 2 weeks. This will be followed by a production test.

Full details of these highlights are available in the Armour Energy (ASX:AJQ) market releases of 23 and 26 August 2013 or by reviewing same at www.armourenergy.com.au

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AusNiCo Limited (DGR: 60m 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.

  • 79% of the Tin Mineral Resource is classified as Indicated.

  • Mineral Resource estimate confirms Taronga Tin Project as a world class tin project.

  • Mineral Resource estimate was independently prepared by Mining One Consultants.

Taronga Tin Deposit ‐ Mineral Resource (JORC 2012)
0.1% Sn Cut‐off Grade
Indicated Inferred Total
Mt Assay% Sn Tin Metaltonnes Mt Assay% Sn Tin Metaltonnes Mt Assay% Sn Tin Metaltonnes
Northern Zone 19.3 0.16 30,800 7.7 0.12 9,300 27.0 0.15 40,100
Southern Zone 7.6 0.19 14,400 1.7 0.16 2,700 9.3 0.19 17,100
Total 26.9 0.17 45,200 9.4 0.13 12,000 36.3 0.16 57,200

Table 1 Taronga Tin Project ‐ Tin Mineral Resource

  • For comparative purposes, the JORC 2012 compliant Mineral Resource of 57,200t of contained metal is 14% greater than the pre‐JORC historic ore reserve of 50,026t of contained metal at an equivalent cut‐off grade of 0.1% Sn, and is attributable to a larger resource envelope. Previous historical estimates were estimated at a cut‐off grade of 0.083%Sn.

  • Previous feasibility work contemplated the concurrent mining of both zones by open‐pits, but with the completion of the current resource estimate, the next stage of the Updated Pre‐Feasibility Study will also evaluate sequential mining of the Southern then Northern zones. The Southern Zone is higher grade and, based on historical test‐work, exhibits somewhat superior metallurgical performance owing to the cassiterite being coarser grained and more easily liberated.

  • Full details of these highlights are available in the AusNiCo (ASX:ANW) market release of 26 August 2013 or by reviewing same at www.ausnico.com.au

Solgold Plc (DGR: 54 million shares: 10%)

Environmental Licence Approved for Cascabel

  • 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. Importantly, the Environmental Licence allows for up to 100 drill holes to be completed within the area outlined in the EIA Report.

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Construction of Drill Pads and Mobilisation of Drill Rig at Cascabel

  • With the drill rig and associated equipment at the Alpala field camp, it is estimated that construction of Drill Pad 1 and mobilisation of the drill rig will take approximately 7 to 10 days. This process is already underway. If there are no weather delays, it is anticipated that drilling should commence in early September.

  • Full details of these highlights are available in the SolGold (AIM:SOLG) market release of 27 August 2013 or by reviewing same at www.solgold.com.au

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On behalf of the Board Karl Schlobohm Company Secretary

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 Capital Pty Ltd which provides certain consultancy services including the provision of Mr Mather as the Managing Director of DGR Global Ltd (and a director of DGR Global Ltd’s subsidiaries and associates).

Mr Mather has more than five years experience which is relevant to the style of mineralization 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, Mineral Resources and Ore Reserves. 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.

About DGR Global Limited

DGR Global Limited is focused on generating exploration and development companies in a wide array of minerals.

Projects are conceived directly through the skills and experience of DGR Global’s accomplished team of exploration geoscientists (with an enviable track record), not by the costly purchase of properties. Each project or exploration strategy is held in a separate subsidiary.

Investors can choose to invest specifically in a particular project/commodity, or by investing in DGR Global, invest in the resource company generating business which retains a significant carried interest in each project.

DGR Global projects tend to be very large, targeting new provinces with the potential to make world‐class discoveries. The exploration concepts are often novel. While increased metal prices and advances in technology can turn former sub‐economic deposits into viable projects, DGR Global subsidiary projects frequently emerge from detailed reassessment and reinterpretation of large databases – looking at things from a new angle and with a different focus using state of the art techniques. The DGR Global Directors and Managers have in the past applied new exploration models to extensive tenement areas which have led to identification of new mineral provinces and the discovery of nationally significant resources (eg. Arrow Energy, Bow Energy, Waratah Coal). These efforts are now being dedicated to DGR Global.

DGR Global currently holds 75 million shares (25%) in Armour Energy Limited (ASX: AJQ) currently focused on the discovery and development of world class gas resources in northern Australia, 39 million shares (18%) in Orbis Gold Limited (ASX: OBS) currently exploring for gold in Burkina Faso, 54 million shares (10%) in SolGold plc (LSE: SOLG) currently exploring for gold and copper in the Solomons, Ecuador and Queensland, 59.8 million shares (14%) in AusNiCo Limited (ASX: ANW) owner of the prospective Taronga Tin Project, and 57 million shares (28%) in Navaho Gold Limited (ASX: NVG) owner of the NavGas Project in South Australia, and several Carlin style gold projects in Nevada and New Mexico (USA).

DGR Global is currently progressing the corporate development of Archer Resources Limited and IronRidge Resources Limited.

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DGR Global currently has 409,293,535 shares on issue.

Email: [email protected]

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

For further information contact:

Mr Nicholas Mather Managing Director DGR Global Ltd Ph: 07 3303 0680

Karl Schlobohm

Company Secretary, DGR Global Ltd Ph: 07 3303 0680

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