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Additional Information

Market:	ASX
Sector:	General Mining
EPIC:	DUO
Latest Price:	0.12 (9.09% )
52-week High:	0.29
52-week Low:	0.11
Market Cap:	32.42M

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Dourado Resources

Dourado Resources (ASX: DUO) is a Perth based exploration company that has been established to predominantly explore for deposits of gold, copper and uranium mineralisation.

Dourado Resources encouraged by drilling results at WA gold project

Tuesday, April 20, 2010

Dourado Resources (ASX: DUO), the Perth-based diversified mineral exploration company, has reported it is pleased with the results from its preliminary drilling program at the Sabbath Gold Project, located 12 kilometres north of Meekatharra in Western Australia.

Details of the first drilling program were announced to the market on 15 March 2010. The significant gold intersections returned from the previously completed RC drilling occur over 550 metres of strike extent and demonstrated that the vertical extent of the gold mineralisation extends at least 90 metres vertical depth.

Significant intersections returned from the recent drilling included: Hole 2010AC05 intersected 6m @ 12.23 g/t Gold from 54 metres; Hole 2010AC15 intersected 20m @ 0.75 g/t Gold from 16 metres; and Hole 2010AC19 intersected 13m @ 3.17 g/t Gold from 45 metres.

Dourado’s Managing director Peter Del Fante said, “we’re optimistic that the Sabbath Gold Project will develop into a significant gold project."

"Dourado has successfully completed its first drilling program and the results have been encouraging to the point that a further, deeper drilling program is to be conducted in the coming weeks," he added.

The new drill program has gold intersections of over 550 metres strike length, is open along strike and is 90 metres vertical depth.

Six or more deep holes will be drilled and aimed to intersect the veins at approximately 120 metres vertical depth. This project is scheduled for May 2010.

Encouraging results from Doray Minerals Andy Well Project, located to the north of Meekatharra, highlight the potential of the area.

Dourado Resources shares rose 6% to 23 cents in trading today.

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