DGR Global Limited is a resource project generator and investment company focused on generating exploration and development companies in a wide array of minerals. DGR Global’s philosophy is to secure provincial tenure positions prospective for commodities which attract globally exposed capital funds. Exploration concepts are often novel and each project or exploration strategy is initially held as a separate subsidiary of the parent company.



 

DGR Global Ltd (ASX:DGR)

Company Directors

Mr Bill Stubbs Stubbs (Chairman, Non Exec. Director)
Mr Brian Moller Moller (Non Exec. Director)
Mr Greg Runge Runge (General Manager)
Mr Nicholas Mather Mather (Managing Director)
Mr Priy Jayasuriya Jayasuriya (CFO)
Mr Vincent Mascolo Mascolo (Non Exec. Director)

Contact Information

Phone: 07-3303 0680
Email: info@daguilar.com.au
Website: http://www.dgrglobal.com.au
Address
Level 5, 60 Edward Street, , BRISBANE, QLD, AUSTRALIA, 4000

Media Releases see all media releases

DGR Global Ltd, Subsidiary Secures Tenements in Gabon
28 Jun,2012 01:47 PM

The Directors of DGR Global (DGR) are pleased to announce that its subsidiary company, IronRidge Resources Ltd (IronRidge or IRR), has been granted two Autorisation de Prospection (Authority to Prospect) in Gabon: Belinga Sud and Tchibanga, representing the culmination of seven months’ work and providing IronRidge with an exciting new strategic direction in iron ore exploration.

Gabon is located on the central west coast of Africa, a region becoming increasingly recognised for iron ore prospectivity and host to numerous projects including Mbalam/Nabeba (Sundance ASX:SDL), Mayoko Moussondji (Equatorial Resources ASX: EQX) and Kango North (Apollo Minerals ASX:AON). Belinga Sud is located in eastern Gabon and Tchibanga is located in the south west.

The 3,027km² Belinga Sud Autorisation de Prospection is strategically located immediately south of the concession hosting the Belinga Iron Ore Deposits, which contain an estimated combined resource of 860Mt @ 63% Fe1. The Belinga Sud Autorisation de Prospection contains a large tract of the greenstone belt that hosts the rich iron deposits less than 20km to the north. Within this area there are mapped iron formations and several documented iron occurrences. Geophysical data highlights strong magnetic anomalies in the area and in particular a significant southern extension where an outlying greenstone belt is considered to be highly prospective for additional iron formations over a strike length in excess of 35km. The Belinga Sud Autorisation de Prospection is within 85km of the existing Trans-Gabonese rail route, currently used for bulk haulage from the southern town of Franceville to the Port at Owendo, 15km south of the capital, Libreville.


For further information please download PDF below: