D G R
G L O B A L
L I M I T E D
A C T I V I T I E S
R E P O R T
|
D E C
2 0 1 3
Quarterly Report
Quarter Highlights
Armour Energy Ltd | ASX: AJQ – DGR 25% - 75m Shares |
▪ Grant of EP191 and EP192 over 24,700 km
▪
SolGold plc | LSE: SOLG – DGR 9% - 54.5m Shares |
(6.1 million
acres) in the Northern Territory increases Armour’s granted
Focus on potential high grade world class copper gold
position in the McArthur and Georgina Basins by 86%1
porphyry system at Cascabel in Ecuador. Cascabel is close to
First successful application of multi-stage, hydraulically
the capital and ports, low elevation, has adequate water
stimulated, horizontal well technology in the Australian
supplies and access to power.
shale gas industry as the Egilabria 2 DW1 lateral
well
in
First and second holes in Alpala Prospect produce long
Queensland commences continuous gas flows2.
intersections of visible porphyry copper mineralisation.
Oil and gas discovery at the Lamont Pass 3 well in the
Final assay results from the first drill hole CSD-13-001
Northern Territory, where oil bearing Barney Creek Shale
indicate copper-gold mineralisation of 302m @ 0.39%
was intersected from 260 – 780 metres. The discovery was
copper and 0.48 g/t gold from 16m, including 100m @
reported to the Northern Territory Government in
0.65% copper and 1.0 g/t gold from 222m.
accordance
with the Northern Territory Petroleum Act,
A high grade zone from 226m to9 284m (58m) assays
3
1994 .
0.96% copper and 1.67 g/t gold .
Following successful 2013 exploration program an
Hole 5 at Alpala was suspended at 869.68m over the
independent third party assessment delivers a
Christmas break for subsequent deepening to 1,500m in the
ten-fold increase in Mean Prospective conventional gas
new year, subject to ground conditions. Assay results for the
resources in the Northern Territory. This is in addition to
first 869.68m are positive and strengthening with depth.
Armour’s4 unconventional gas resources in the Northern
The hole was suspended in mineralisation10at 869.68m.
Territory .
Refer SolGold release of 14 January 2014.
Drilling of Hole CSD-13-005 resumed on 28 January.
Exercise of Farm-in Rights for Lakes Oil NL’s Petroleum
Solgold has elected to increase ownership of Exploraciones
Retention
Lease 2 (PRL2) in the on-shore Gippsland Basin in
Victoria5.
Novomining S A – “ENSA” (Cascabel project) to 85%11.
2
▪
▪
▪
▪
▪
▪
Orbis Gold Ltd | ASX: OBS – DGR 18% - 39m Shares |
▪ Maiden resource estimate (indicated and inferred) at
▪
▪
Natougou of 15 Mt @ 3.7g/t gold for 1.8 Mozs, taking
Orbis Gold‘s total Mineral Resource inventory (Natougou
and Nabanga) to
19 Mt @ 4.1g/t Au for 2.5 Million ounces
contained gold6.
Scoping study on Natougou indicates a 6-8 year mine life
producing 154 – 213 Koz pa gold and produces a project
NPV (10%) of USD259 – 356M, with an IRR of 43 – 60% and
a payback period7 of 1.4 – 1.8 years at a gold price of
USD1,300 per oz .
Initial drill results for the 2014 field season indicate potential
to incorporate additional high grade gold mineralisation into
the early stages of the mine schedule currently being
assessed in detailed
development studies of the Natougou
gold deposit8.
▪
▪
IronRidge Resources Ltd | 45% DGR Owned |
▪ Second field program completed in Gabon at Tchibanga,
▪
▪
focussed on the Mont Pele area. High grade (including DSO)
iron ore evident over 10 km strike length.
Tchibanga less than 70 km from the port of Mayumba, with
a low capex initial small scale open cut mining operation
with road haulage to the port subject to desk top study.
LSE - AIM listing and underwritten capital raising proposed in
first quarter 2014 to fund 5,000 metre drilling and
exploration program
D G R G l o b a l L i m i t e d A c ti v i ti e s R e p o r t f o r D e c e m b e r 2 0 1 3 Q u a r t e r | P a g e 1
Quarter Highlights
Aus Tin Mining | ASX:ANW—DGR 14% - 83.7m Shares |
▪ Maiden JORC resource estimate confirms Taronga as a
▪
Navaho Gold Ltd | ASX: NVG—DGR 21.5% - 59m Shares |
▪
world class tin project.
Review and rationalisation of mineral exploration projects
Maiden resource (79% indicated) of 36.3M tonnes
completed, retaining key gold/silver projects in
Nevada and New Mexico, USA.
@ 0.16% Sn (57,200 t contained tin), 0.07% Cu (26,400t
contained copper) and 3.8g/t Ag (for 4.4Mozs contained
Advancing shale gas project in South Australia and gold
silver). Initial metallurgical testing has delivered
and silver projects in the USA
12
encouraging copper and silver recoveries .
Metallurgical flow sheet completed for Taronga prefeasibility study. Ore described as coarse grained, having Archer Resources Ltd | 67% DGR owned |
simple metallurgy,13and highly amenable to
pre-concentration .
Undertook initial reconnaissance of two (2) highly
prospective copper exploration tenements in the Central
Change of company name (from AusNiCo Limited) to
African Copper Belt in Zambia.
better reflect
the
company
focus
on
the
Taronga
Tin
Project14.
▪
▪
▪
Footnotes:
1
AJQ ASX Release 2/10/13
3
AJQ ASX Releases 23/10, 13/11, 6/12/13
5
AJQ ASX Release 23/12/13
7
OBS ASX Release 15/10/13
9
SOLG LSE Releases 8, 10 and 16/10/13
11
SOLG LSE Release 16/12/13
13
ANW ASX Release 23/10/13
▪
2
AJQ ASX Releases 4/11/13, 6/12/13
AJQ ASX Release 28/11/13
OBS ASX Release 5/8/13
8
OBS ASX Release 13/1/14
10
SOLG LSE Releases 2/12 and 16/12/13, 14/1/14
4
6
DGR Global Creates Resource Companies
During the quarter DGR Global continued to advance its
objective to become a diversified global resource project
generator and investment company.
DGR Global generates its own large scale resource
exploration projects directly through the skills and
experience of its accomplished team of explorationists.
Most resource investment companies purchase their
investment stakes at a high cost with restricted scope and
low diversity and it is this important difference that gives
DGR Global its strong competitive edge.
Figure 1: DGR Global
Corporate Structure.
Many exploration companies tend to prematurely focus on
the definition of a restricted resource and/or development
without the scope for world class discoveries. In contrast,
DGR Global’s philosophy is to secure provincial tenure
positions, prospective for commodities with a high demand
growth profile, which attract globally diverse capital funds.
The company adopts a lateral and creative approach in the
identification of both the commodity and
exploration target.
DGR Global exploration 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 Projects frequently
emerge from detailed
reassessment and reinterpretation
of large databases with a new
perspective.
Report for December 2013 Quarter |Page 2
DGR Global Creates Resource Companies
In the past, DGR Global Directors and Managers have
applied new exploration models to extensive tenement
areas which have contributed to the identification of new
mineral provinces and the discovery of nationally
significant resources.
DGR Global’s strategy to independently finance, manage
and list its key assets on recognised stock exchanges is
designed to deliver negotiability for its key assets, provide
less dilutive funding of forward exploration programs and
Investment
Listed Code
Number of
Shares
deliver expanded and focussed Project Management
Teams independent of DGR Global.
DGR Global holds key equity positions in its subsidiary
companies after listing. As shown in the DGR Global Group
Corporate Structure (see Figure 1) at 31 December 2013
DGR Global holds 25% ASX listed Armour Energy Ltd (ASX :
AJQ) 9% AIM listed SolGold Plc (LSE: SOLG), 18% ASX
listed Orbis Gold Ltd (ASX: OBS), 14% Aus Tin Mining Ltd
(ASX: ANW) and 21.5% Navaho Gold Ltd (ASX: NVG).
Number of
Options /
Warrants
Closing
Share Price
75,000
Exchange
#
Market Value
Lions Gate Metals Inc.
TSX-V:LGM
0.012
1.03
9,270
SolGold plc
LSE:AIM: SOLG
54,517,440
-
0.088
1.86
8,923,415
Orbis Gold Ltd
ASX: OBS
39,000,000
-
0.32
12,480,000
Navaho Gold Ltd
Aus Tin Mining
ASX: NVG
ASX: ANW
59,037,518
83,687,100
-
0.009
0.01
531,338
836,871
Armour Energy Ltd1
ASX: AJQ
75,050,000
18,837,500
0.18
13,509,000
0.035
36,289,894
411,002,681
0.09
Total market value of DGR Global assets (excl cash)
Total DGR Global shares on issue
Value attributable to each DGR share
Table 1: Current Portfolio and Market Valuation of Listed Assets held by DGR Global.
# Market value represents the market quoted price for listed investments at 21 January 2014.
1. The Armour Energy Ltd (“Armour”) options allow the Company to take up one ordinary share in Armour at an exercise price of $0.50. Options are fully vested and expire on 31 Aug
2014. On 21 January 2014, Armour options (ASX:AJQO) closed at $0.018.
Exploration and Mining Tenements
DGR Global interests in mining and exploration tenements at the end of the Quarter are as shown in the attached
Appendix.
Figure 2:
Collection of samples at Mont Pele Base Camp, Tchibanga
ATP, Gabon.
Figure 3:
Government (DGMG) geological staff seconded to IronRidge
Resources with samples of iron ore from the Mont Pele area,
Gabon.
R
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ep
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20
01
13
3 Q
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e 3
3
Iron, Titanium and Bauxite
IronRidge Resources Ltd (IRR), has
been granted two Autorisation de
Prospection (ATP) in Gabon:
Belinga Sud and Tchibanga,
providing IronRidge with an
exciting strategic direction in iron
ore exploration.
Figure 5: Magnetic image (analytic signal) over the Belinga Sud ATP area showing high
responses of potential iron formations and extensions of prospective geology to the south.
Belinga Project (CMEC/Gabonese Govt) —860Mt @ 63%Fe 15
Whilst global iron ore markets are
experiencing volatility, Australia’s
largest producers continue to
invest in exploration and
development on the expectation of
prices stabilising at sustainable
levels of approximately USD120 per
tonne which is based on the global
cost curve and supply demand
balance.
The location of the two tenements
and proximity to known Iron Ore
deposits is shown in Figure 4.
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
Figure 4: IronRidge Project Locations in Gabon
15
Mining Journal, ’BHP looks set to bag Belinga Iron Project’ (Feb 10,2012) Page 10.
(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 ATP is strategically located
immediately south of the concession hosting the Belinga
Iron Ore Deposits,15which contain an estimated combined
860Mt @ 63% Fe . The Iron Ridge ATP 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.
As shown in Figure 5 the magnetic image (analytic signal)
over the Belinga Sud exploration tenement shows high responses of possible iron formations and extension of prospective geology to the south of Belinga and has presented
several target areas.
During two completed field programs limited surface sampling was undertaken at Massaha and Indombo with the
Indombo Central area delivering very encouraging initial
assays to 67% Fe. As shown, Indombo Central presents a
high grade target with a strike potential of 6 kms, and
Indombo South a further 5 kms. Based on an observed
width of 3-400 m and an assumed depth of 50 m (not
drilled) the Indombo target has potential for 600-800Mt
grading 41-67%Fe with significant DSO.
This Exploration Target is conceptual in nature and there
has been insufficient exploration to define a Mineral
Resource under the JORC code and it is uncertain if further
exploration will result in the determination of a Mineral
Resource. An initial drilling program to provide proof of
concept is being planned for later in 2014.
Report for December 2013 Quarter |Page 4
The 2,937km² Tchibanga ATP is situated within the western
limb of the Neoproterozoic Nyanga syncline, and
incorporates both a significant magnetic anomaly and two
iron occurrences. Outside of the ‘traditional’ greenstone
iron formations, this target is founded on a different
exploration concept—that of iron-ore development in
younger iron formations underlain by carbonates.
Proof of concept is demonstrated by a number of iron
occurrences at a similar stratigraphic level along the
western limb of the syncline. The ATP is close to the coast
and the port of Mayumba, and as such even a modest
resource would represent a project of significant value to
IronRidge.
IronRidge recently acquired Falcon Gravity Data in the
Tchibanga area. Sampling and mapping has confirmed a
correlation of the characteristic signatures provided by
magnetics, gravity and topography data, including the
ability to differentiate between hematite and magnetite
resources. Based on the Falcon data IronRidge has lodged
an additional 1,400 km2 exploration licence application
giving 100% tenure over the gravity data area (see Figure 6).
Noting a strong magnetic and gravity response similar to the
known Milingui Iron Ore deposit to the north west of the
Tchibanga Permit, IronRidge has completed an initial field
exploration program in the Mont Pele area in the south
eastern sector of the Tchibanga Permit.
As illustrated in Figures 2, 3, 7 & 8, this program has
confirmed the presence of hematite grading up to 62% in
banded iron formations (BIF) over at least 10km strike
length.
Figure 7: Weathered, laminated hematite collected at surface on the
Mont Pele
Figure 8: Sample of high-grade canaga containing clasts of
hematised phyllite; Mont Pele
Mont Pele
Figure 6: Tchibanga – New
Exploration Permit Application and
Falcon Gravity Data Coverage
Report for December 2013 Quarter |Page 5
DGR Global has also transferred an EL in the Central
Lachlan Fold Belt near Bathurst, NSW to Archer Resources. This EL contains an exciting gold-silver Project at
Caloola
whichCopper-Gold-Silver-Molybdenum
already has an historic (non-JORC) gold
Porphyry
occurrence of 235,000 tonnes @ 2.5g/t Au. The deepest
historic drill hole CP10 stopped in mineralisation at 96m,
Archer
is focussed
the discovery
and82development
of
later
assaying
14m on
of 3.86
g/t Au from
metres.
porphyry copper gold silver molybdenum deposits.
The company
has 6Archer
key project
areas ainsmall
eastern
–
During
the quarter
completed
RC Qld
drilling
Mt Abbot, Gayndah and Calgoa (which
program at Caloola of 4 holes to 140 metres. The assay
already host encouraging drill intersections) and
results
confirmed
historical
drilling
Drummond
North,the
Pinnacles
and
Threegrades
Sistersand thick(see Figure
nesses,
and 9).
revealed a folded structure likely to indicate
additional
The structural
information
obtained
Little field tonnages.
work was undertaken
during
the quarter
to
contain
expenditure.
will
greatly
assist in planning follow up drilling programs.
Archer Resources has drill ready targets and resources
however as reported in 2012 a planned $6 million IPO and
ASX listing was put on hold following the significant
downturn in capital markets.
With these conditions persisting through the last year the
Archer Resources Board requested the DGR New
Opportunities Group to investigate the possibility of
securing highly prospective copper exploration tenements
in the Central African Copper Belt, believing that the
addition of such exploration prospects would significantly
enhance and diversify the Archer Resources portfolio such
that a significant capital raising and listing on a recognized
stock exchange will be able to be achieved.
Following the identification of 11 potential target areas, a
local subsidiary DGR Zambia was incorporated to facilitate
the application for exploration licences. Two licences have
recently been granted
(see Figure 10) and DGR
shareholders have approved the
transfer of the Zambian
subsidiary
Archer,the
although
Marodian
is to
probably
lrgest untested copper molybdenum
this is yet to formally occur.
gold porphyry system in the south west Pacific. Within the 30 –
(see
Fig-Figure 9–use Fig 8 from Sep re40Licence
km² Cu16999-HQ-LPL
Mo and Au zone
(see
2
ure
11)
covers
50
km
and
is
port) there are widespread areas of breccia vein stockworks and
located in the central north of
disseminations of generally low grade but with locally richer
Zambia in the ‘Domes’ Region, a
patches
that have
new copper
belt supported
to the westsmall
of underground mines in the
the Historical
traditionally
recognised
past.
surface
geochemistry is incomplete, covering less
Zambian
copper
belt.
than half the system, and rarely tested for gold.
It is immediately adjacent to the
Lumwana
Minedeposits
(Barrick -are normally tested with holes of 300m
Porphyry
copper
measured, indicated, inferred
or deeper (due to the scale of the deposits) but no holes at
and proven and probable
Marodian
deeper
reserves are
of 1.2Bt
@ than
0.6% 100m
Cu)16 and almost all are less than
60m.
deepest
previous
drilling (by the Queensland Governand The
contains
historic
copper
occurrences.
ment)
tested the underground workings around the former Lug I
Noor mine at the western extremity of the Marodian system.
These holes gave variable results but verified the existence of
high grade structures within widespread sub economic grades.
Figure 9: Map Showing location of Archer Resources Tenements
Figure 10: Location of Prospecting Licences 16999 and 17308 in Zambia
Figure 5
Report for Sept 2011 Quarter |Page 5
Report for December 2013 Quarter |Page 6
DGR Global has also transferred an EL in the Central
Lachlan Fold Belt near Bathurst, NSW to Archer Resources. This EL contains an exciting gold-silver Project at
Porphyry
Caloola
whichCopper-Gold-Silver-Molybdenum
already has an historic (non-JORC) gold
FigureAu.
11: Licence
16999-HQ-LPL Lumwana East
occurrence of 235,000 tonnes @ 2.5g/t
The deepest
historic drill hole CP10 stopped in mineralisation at 96m,
later assaying 14m of 3.86 g/t Au from 82 metres.
It was confirmed that Permit 16999 has
extensive outcrop of Lower Roan strata which
hosts significant mineralisation elsewhere in
the Copperbelt. The reported historic copper
occurrence in this permit was located, and
During the quarter Archer completed a small RC drilling
found to be traces of tarnished and oxidised
program at Caloola of 4 holes to 140 metres. The assay
copper sulphides, likely after Chalcopyrite.
results confirmed the historical drilling grades and thickThe occurrence was sampled, and an
nesses, and revealed a folded structure likely to indicate
additional 18 samples collected in this permit
additional tonnages. The structural information obtained
area.
will greatly assist in planning follow
up drilling
programs.
Malundwe
Pit
On Permit 17308 mapping and sampling
across a series of low hills in the Southwest
Chimiwungo Pit
quadrant revealed a large quantity of
brecciated material, typically highly silicified
D’Aguilar Gold holds
and indicative of the passage of significant
35.2 million shares
volumes of hydrothermal fluid.
representing 15.6%
The brecciated material contains abundant
iron oxides in both disseminated and massive
of Solomon Gold plc.
forms, and in places the rocks also display a
Licence 17308-HQ-LPL (see Figure 12) (ex: Equinox) Mutapanda Permit area,
2
high degree of alkaline alteration, with
is much larger, covering 950 km , and with Blackthorn Resources Kitumba
17
abundant fine-grained feldspar visible.
is located in central Zambia in the
Prospect (187Mt @ 1.14% Cu + Au)
Hook Intrusive Complex (IOCG Provto the south of the Barrick licence
These features indicate that the hills and
ince). While a greenfields exploration area.
project (no modern exploration), the
surrounding area represent the surface
licence area abuts Barrick’s
Figure 12: Licence 17308-HQ-LPL
expression of a significant hydrothermal
system, possibly related to the nearby
Hook Intrusive Complex. The presence of
both abundant iron oxides and pervasive
alkaline alteration are both characteristic
Marodian is probably the lrgest untested copper molybdenum
features of Iron-Oxide-Copper-Gold (IOCG)
gold porphyry system in the south west Pacific. Within the 30 –
systems, though much more work is
40 km² Cu Mo and Au zone (see Figure 9–use Fig 8 from Sep rerequired to confirm or disprove this
port) there are widespread areas of breccia vein stockworks and
potential in this area.
disseminations of generally low grade but with locally richer
A total of 40 samples were collected in the
patches that have supported small underground mines in the
course of reconnaissance on Permit 17308,
past. Historical surface geochemistry is incomplete, covering less
and these have been cleared for export to an
than half the system, and rarely tested for gold.
analytical laboratory in Johannesburg.
Porphyry copper deposits are normally tested with holes of 300m
or deeper (due to the scale of the deposits) but no holes at
Marodian are deeper than 100m and almost all are less than
60m. The deepest previous drilling (by the Queensland Government) tested the underground workings around the former Lug I
During
September
and October
2013
DGRMarodian
geologistssystem.
spent 4 weeks underNoor
mine
at the western
extremity
of the
taking
initial
reconnaissance
fieldwork
on both
These
holes
gave
variable results
but verified
the permits,
existencewith
of the intention of
assessing
the accesswithin
and prospectivity
each
area asgrades.
well as carrying out
high
grade structures
widespreadof
sub
economic
stakeholder engagement.
Figure 5
16
www.mining-technology.com/projects/lumwana
17
www.blackthornresources.com.au/projects/mumbwa
Report for Sept 2011 Quarter |Page 5
Report for December 2013 Quarter |Page 7
D G R
kkkkjkj
G L O B A L
L I M I T E D
A C T I V I T I E S
R E P O R T
|
D E C E M B E R
2 0 1 3
QUARTERLY
REPORT
Corporate Information
Directors
Issued Capital
William Stubbs (Chairman)
Nicholas Mather (Managing Director)
Brian Moller
Vincent Mascolo
At 31 December 2013, DGR Global Ltd had the following
securities on issue:
Company Secretary
Karl Schlobohm
Exploration Manager
Neil Wilkins
General Manager
Greg Runge
Registered Office and Head Office
DGR Global Limited
D’Aguilar Gold holds
35.2 million shares
representing 15.6%
of Solomon Gold plc.
Level 27, 111 Eagle Street Brisbane QLD 4000
Phone:+ 61 (0)7 3303 0680 Fax:+ 61 (0)7 3303 0681
Website: www.dgrglobal.com.au
▪ 411,002,681 ordinary shares
▪ 7 million (unlisted) 28 cent options expiring 28/02/14
▪ 300,000 (unlisted) 28 cents options expiring 28/02/15
▪ 5 million (unlisted) 28 cent options expiring 24/04/15
▪ 4.63 million (unlisted) 6 cent options expiring 01/10/14
▪ 12 million (unlisted) 12 cent options expiring 30/11/16
▪ 500,000 Convertible Notes at $1.00 each
Shareholding Enquiries
Link Market Services Limited manages DGR Global Ltd’s share
registry.
Australian Stock Exchange (“ASX”)
If you would like to monitor your shareholding online, you can
do so by visiting Link Market Services website:
ASX Code: DGR (Ordinary shares)
www.linkmarketservices.com.au and follow the instructions.
Australian Business Number
For issuer-sponsored shareholders, if you change address, or if
you have any other queries regarding the details of your
shareholding, please contact the Company’s share registry
directly:
ABN 67 052 354 837
Internet Address
All Company announcements, reports and presentations are
posted on our website www.dgrglobal.com.au If you would
like to receive news releases by email, please send email to
[email protected] with the subject “email alerts” or
register your details on our website by clicking “Contact Us”
and entering your details.
Link Market Services Limited
Locked Bag A14 SYDNEY
Phone: 1300 554 474
Iron Ridge Field Camp, 2km east of Mont Pele, Tchibanga, Gabon.
Competent Persons Statement
The information in this report that relates to Exploration Results is based on information complied 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 Holdings 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 its subsidiaries and associates. Mr Mather has sufficient experience which is relevant to the style of mineralisation and type of deposit being reported and to the activity which he is
undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves’ (the JORC Code).
Mr Mather has consented in writing to the inclusion in this report of the matters based on the information in the form and context in which it appears.
Report for December 2013 Quarter |Page 8
Appendix
31-December-2013
DGR Global - Group Mining and Exploration Tenements
Tenement
Type
Principal Holder
DGR Global Limited
"
"
"
"
"
"
"
"
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
EL 6652
EPM 15134
EPM 15238
EPM 18586
Mining Lease
"
"
"
"
"
"
"
Mineral Development
Licence
Exploration Licence
Exploration Permit for Minerals
"
"
"
"
"
"
NSW, Australia
Qld, Australia
Qld, Australia
Qld, Australia
EPM 19379
EPM 19411
EPM 19815
"
"
"
Archer Resources Limited¹
"
"
Qld, Australia
Qld, Australia
Qld, Australia
EPM 18451
EPM 18808
EPM 19087
"
"
"
Barlyne Mining Pty Ltd²
"
"
Qld, Australia
Qld, Australia
Qld, Australia
"
"
Authority to Prospect
"
IronRidge Resources Limited³
"
IronRidge Gabon S.A.⁴
"
Qld, Australia
Qld, Australia
Gabon, Africa
Gabon, Africa
EPM 16260
EPM 16261
Exploration Permit for Minerals
"
Eastern Exploration Pty Ltd⁵
"
Qld, Australia
Qld, Australia
EL 14/2012
Exploration Licence
Hartz Rare Earths Pty Ltd⁶
EPM 19270
Exploration Permit for Minerals
Coolgarra Minerals Pty Ltd⁷
Qld, Australia
EPM 19625
"
Pinnacle Gold Pty Ltd⁸
Qld, Australia
Large Prospecting Licence
"
DGR Zambia Limited⁹
"
Zambia, Africa
Zambia, Africa
ML 3678
ML 3741
ML 3749
ML 3752
ML 3753
ML 50059
ML 50099
ML 50148
MDL 409
EPM 18534
EPM 19164
ATP Belinga Sud
ATP Tchibanga
16999-HQ-LPL
17308-HQ-LPL
Notes
1
3
5
7
9
Legend
67% owned by DGR Global
45% owned by DGR Global
100% owned by IronRidge Resources
100% owned by DGR Global
100% owned by DGR Global
2
4
6
8
Granted or acquired during the quarter
Change in ownership % (eg. Farm-in) or transfer during the quarter
Surrendered, Expired or Sale/Disposal during the quarter
Location
Tasmania, Australia
100% owned by Archer Resources
100% owned by IronRidge Resources
100% owned by DGR Global
94% owned by DGR Global