DGR Global
- London based new opportunities group established, targeting bulk commodities in Africa and Middle East.
- Rebranded D’Aguilar Gold to DGR Global reflecting company strategy to become world class resources company with global interests.
Armour Energy Ltd | 50% DGR owned
- Key appointments to senior management team.
- Acquisition of strategic stake in Lakes Oil NL (ASX: LKO) and farm-in on highly prospective onshore Gippsland and Otway Tenements.
- Final preparations completed for fully underwritten IPO and ASX listing in 2012.
Archer Resources Ltd | 67% DGR owned
- Wholly owned subsidiary AimFire Energy lodged applications for seven exploration licences in the Permian coal-bearing Arckaringa Basin of South Australia.
IronRidge Resources | 68.5% DGR owned
- Mr Peter Williams appointed as CEO.
- Assay drilling results from Monogorilby confirm potentially economic grades and tonnage of TiO2.
- Encouraging nickel, copper and cobalt assays from Coorada and Quaggy Prospects.
- Two iron ore prospecting applications lodged in Gabon, West Africa.
Solomon Gold plc (LSE:SOLG – DGR 11.7%)
- Mr Malcolm Norris appointed as CEO.
- Inferred mineral resource at Rannes, Qld increases to 25.5 Mt containing 486,935 oz gold and 13,014,292 oz silver (at 0.30 g/t cut-off).
Mt Isa Metals Ltd (ASX:MET – DGR 30.6%)
- Further high grade gold intersections announced at Nabanga Project in Burkina Faso, West Africa.
AusNiCo Ltd (ASX:ANW – DGR 41.5%)
- Completion of 1,287 metre (12 hole) RC drilling campaign to test geochemical and geophysical targets on 7 prospects in the Black Snake plateau region.
- Successful application for nickel exploration tenement in NW Tasmania
Navaho Gold Ltd (ASX:NVG – DGR 29%)
- Drilling programs completed at Rose Mine, Stevens Basin, Whitehorse Flats, and TAZ Projects, and underway at Utah Clipper.
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