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Additional Information

Market:	ASX
Sector:	Gold Mining
EPIC:	DGR
Latest Price:	0.09 (-3.41% )
52-week High:	0.16
52-week Low:	0.08
Market Cap:	27.56M

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DGR Global Full DGR Global profile here

DGR Global (ASX: DGR) is a resource project generator and investment company focused on creating exploration and development companies in a wide array of commodities, including copper, gold, nickel, molybdenum, iron ore and uranium.

DGR Global’s strategic focus is on securing provincial tenure positions that are prospective for commodities which attract globally exposed capital funds. Each project or exploration strategy is initially held as a separate subsidiary of the parent company.

D'Aguilar Gold subsidiary Navaho Gold secures more gold interests in Nevada

Wednesday, October 13, 2010

Navaho Gold, a subsidiary of D'Aguilar Gold (ASX Code: DGR), is expanding its portfolio of gold prospects around the world through a lease/option agreement with Genesis Gold Corporation for prospects in Nevada, USA, with a 100% buyout option on two of Genesis' Nevada gold projects, named; Carlin East and Tobin.

Navaho can elect to purchase each property outright at any time by payment of USD$3 million per property, with Genesis retaining a 2% NSR royalty if any project is purchased outright.

The option to purchase the property under each agreement is maintained by annual payments from Navaho to Genesis.

Carlin East is located in the vicinity of the 100M ounce Carlin Trend approximately 35km northwest of Carlin, and about 6km northeast of Newmont Mining Corporation’s (NYSE:NEM) Leeville-Turf gold mine.

The Carlin Trend is host to some of the largest and most productive gold deposits in North America, and one of the richest gold trends in the world.

Tobin is located 56km south of Winnemucca and the property is 16km southeast of the Goldbanks project, which is an epithermal discovery owned in joint venture
between Kinross Gold and Desert Gold Ventures.

The Navaho managing director is Mark Dugmore, with previous roles including the BHP Billiton global base metals manager.

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