March Quarter 2014 – Activities Report

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
|
M A R
2 0 1 4
Quarterly Report
Quarter Highlights
discovery of large scale, high grade porphyry system at
the Alpala Prospect. The hole terminated at 1370m whilst
still in mineralisation, at limit of rig capability in difficult
▪ Substantial organisational review completed.
conditions. The bulked intersection and most
▪ Detailed preparatory work undertaken for field activities ground
significant long high grade intersections were announced
on Queensland and Northern Territory tenements after
to the London Stock Exchange during the quarter and can
conclusion of the current wet season (May - Nov).
be viewed on the LSE 8or company website
www.solgold.com.au .
▪ In Victoria, drilling of the Otway-1 well to commence
when Victorian Government approval received.
▪ Drilling of Stage 2 hole CSD-14-006 commenced on 3
The Otway-1 well is located
in
close
proximity
to
the
Iona
March, drilling
towards a magnetic target modelled at
gas processing plant1.
630m depth9.
▪ SolGold has executed all arrangements and now holds
85% ownership of Exploraciones
Novomining S A –
Orbis Gold Ltd | ASX: OBS – DGR 15% - 39m Shares |
“ENSA” (Cascabel project)10.
▪ An impressive maiden resource estimate (indicated and ▪ Successful equity financing raises GBP 4M in
inferred) at Natougou and Nabanga was released by Orbis
11
Gold on 5 August 2013 and further details are available
on oversubscribed placement .
2
the ASX or company website www.orbisgold.com.au .
IronRidge Resources Ltd | 46% DGR Owned |
▪ A scoping study on Natougou (the results of which were ▪ Tchibanga North exploration permit granted, bringing
announced by OBS to the ASX on 15 October 2013)
total tenure at Tchibanga and Belinga Sud to 5,400km2.
indicate
development
will
deliver
a
very
solid
economic
return3.
▪ Tchibanga less than 70 km from the port of Mayumba,
a low capex initial small scale open cut mining
▪ Numerous drill results for the 2014 field season indicate with
operation
with road haulage to the port subject to desk
potential to incorporate additional high grade gold
top study.
mineralisation into the early stages of the mine schedule
currently being assessed in detailed
development studies ▪ Documentation and admission document for LSE - AIM
of the Natougou gold deposit4.
listing and underwritten raising of GBP 15M to fund
exploration drilling well advanced, with expected
▪ New highly prospective gold drill targets defined in the
completion in next quarter.
Bantou project area 1 km south and south-west of the
Bantou gold deposit. New shallow artisanal gold workings
in the Bantou West area generating coarse gold nuggets5. Navaho Gold Ltd | ASX: NVG—DGR 21.5% - 59m Shares |
▪ “IP” geophysical survey defines 30 strike
kilometres of
▪ Review and rationalisation of mineral exploration projects
new gold targets at the Safia prospect6.
retaining key gold/silver projects in Nevada
▪ Raised A$10m through placement to rapidly advance the completed,
and New Mexico, USA
DFS for the Natougou7Gold Project and commence drilling ▪ Subsidiary NavGas Pty Ltd named as preferred tenderer
at the Bantou project .
for ATP 1183 Roma Shelf in Qld16. The Roma Shelf is
considered highly prospective for oil, gas and condensate
and surrounds existing producing oil fields with close
SolGold plc | LSE: SOLG – DGR 8.4% - 54.5m Shares |
proximity to existing pipeline infrastructure.
▪ Focus on potential high grade world class copper gold
porphyry system at Cascabel in Ecuador. Cascabel is close
to the capital and ports, low elevation, has adequate
water supplies and access to power.
▪ Final assay results from drill hole CSD-13-005 confirm
Armour Energy Ltd | ASX: AJQ – DGR 25% - 75m Shares |
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 M a r c h 2 0 1 4 Q u a r t e r | P a g e 1
Quarter Highlights
Aus Tin Mining | ASX:ANW—DGR 12.5% - 83.7m Shares |
▪
▪
▪
▪
▪
Maiden JORC resource estimate confirms Taronga as a
world class tin project.
▪
2014 confirms the technical and economic viability of
the Taronga Tin Project and highlights areas of potential
economic upside14.
Grant of highly prospective EPM at Marlborough, Qld.
Strong nickel, zinc and copper sulphide prospectivity,
with potential for metallurgical grade chromite15.
The details of the maiden resource (79% indicated) can
be viewed in the ANW ASX announcement on 5 August
2013 or on the company website
www.austinmining.com.au.
Archer Resources Ltd | 67% DGR owned |
Initial metallurgical testing has delivered encouraging
copper and silver recoveries12.
▪
Metallurgical flow sheet completed for Taronga prefeasibility study. Ore described as coarse grained, having
simple metallurgy, and highly amenable to
pre-concentration13.
▪
Initial reconnaissance of two (2) highly prospective copper exploration tenements in the Central African Copper
Belt in Zambia in late 2013.
Planning for appointment of CEO and underwritten IPO
and stock exchange listing in 2014.
The Pre-Feasibility Study released to the ASX on 7 April
Footnotes:
1
AJQ ASX Release 21/2/14
3
OBS ASX Release 15/10/13
5
OBS ASX Release 29/1/14
7
OBS ASX Release 24/2/14
2
OBS ASX Release 5/8/13
4
OBS ASX Releases 13/1, 11,13, 18 and 20/2,19/3/14
6
OBS ASX Release 17/2/14
8
SOLG LSE Releases 14/1, 25 and 27/2, 3 and 24/3 2014
9
10
11
12
SOLG LSE Releases 3 and 24/3/2014
SOLG LSE Release 24/3/2014 1
13
ANW ASX Release 23/10/13
15
ANW ASX Release 6/1/14
SOLG LSE Release 25/2/2014
ANW ASX Release 26/8/13
ANW ASX Release 7/4/14
16
NVG ASX Release 27/3/14
14
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 March 2014 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
Lions Gate Metals Inc.
TSX-V:LGM
SolGold plc
LSE:AIM: SOLG
54,517,440
Orbis Gold Ltd
ASX: OBS
Navaho Gold Ltd
Aus Tin Mining
Armour Energy Ltd1
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
0.08
1.033
6,198
-
0.09
1.793
8,797,479
39,000,000
-
0.29
11,310,000
ASX: NVG
ASX: ANW
59,037,518
83,687,100
-
0.004
0.006
236,150
502,123
ASX: AJQ
75,050,000
18,837,500
0.16
12,008,000
0.033
32,859,950
412,162,185
0.08
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 16 April 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 16 April 2014, Armour options (ASX:AJQO) closed at $0.006.
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.
Report for March 2014 Quarter |Page 3
Iron, Titanium and Bauxite
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.
IronRidge Resources Ltd (IRR), has
17
been granted three Autorisation de Belinga Project (CMEC/Gabonese Govt) —860Mt @ 63%Fe
Prospection (ATP) in Gabon:
Belinga Sud, Tchibanga and
Tchibanga North providing IronRidge with an exciting strategic
direction in iron ore exploration.
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 three
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, which contain an estimated combined
860Mt @ 63% Fe17. 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 March 2014 Quarter |Page 4
The 1,990km² Tchibanga ATP and the 1,400km 2 Tchibanga
North ATP are 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 (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
Figure 6: Tchibanga and Tchibanga
North Tenements 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
DGR New Opportunities Group investigated the possibility
of securing highly prospective copper exploration
tenements in the Central African Copper Belt, believing that
the addition of such exploration prospects might
significantly enhance and diversify the Archer Resources
and/or DGR Group portfolio such that a significant capital
raising and listing on a recognized stock exchange would 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 and two licences
have now been granted
(see Figure 10)
Figure 9: Map Showing location of Archer Resources Tenements
Licence 16999-HQ-LPL (see Figure 11) covers 50 km2 and is
Marodian is probably the lrgest untested copper molybdenum
located in the central north of
gold
porphyry
in the
south
Zambia
in thesystem
‘Domes’
Region,
a west Pacific. Within the 30 –
west
40new
km²copper
Cu Mo belt
and to
Authe
zone
(seeofFigure 9–use Fig 8 from Sep rethe
traditionally
recognised
port) there are widespread areas of breccia vein stockworks and
Zambian copper belt.
disseminations of generally low grade but with locally richer
It is immediately adjacent to the
patches
thatMine
have(Barrick
supported
Lumwana
- small underground mines in the
measured,
indicated,
inferred
past.
Historical
surface geochemistry
is incomplete, covering less
and
proven
and
probable
than half the system, and rarely18tested for gold.
reserves of 1.2Bt @ 0.6% Cu)
and contains
historic
copper
Porphyry
copper
deposits
are normally tested with holes of 300m
occurrences.
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
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 10: Location of Prospecting Licences 16999 and 17308 in Zambia
Figure 5
Report for Sept 2011 Quarter |Page 5
Report for March 2014 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
19
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
18
www.mining-technology.com/projects/lumwana
19
www.blackthornresources.com.au/projects/mumbwa
Report for Sept 2011 Quarter |Page 5
Report for March 2014 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
|
M A R C H
2 0 1 4
QUARTERLY
REPORT
Corporate Information
Directors
Issued Capital
William Stubbs (Chairman)
Nicholas Mather (Managing Director)
Brian Moller
Vincent Mascolo
At 31 March 2014, 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
▪ 412,162,185 ordinary shares
▪ 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.
Website: www.dgrglobal.com.au
If you would like to monitor your shareholding online, you can
do so by visiting Link Market Services website:
Australian Stock Exchange (“ASX”)
www.linkmarketservices.com.au and follow the instructions.
ASX Code: DGR (Ordinary shares)
ABN 67 052 354 837
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:
Internet Address
Link Market Services Limited
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.
Locked Bag A14 SYDNEY
Australian Business Number
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 March 2014 Quarter |Page 8
Appendix
31-March-2014
DGR Global - Group Mining and Exploration Tenements
Tenement
Type
Principal Holder
ML 3678
ML 3741
ML 3749
ML 3752
ML 3753
ML 50059
ML 50099
ML 50148
Mining Lease
"
"
"
"
"
"
"
DGR Global Limited
"
"
"
"
"
"
"
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
Qld, Australia
MDL 409
Mineral Development
Licence
"
Qld, Australia
EL 6652
Exploration Licence
"
NSW, Australia
EPM 15134
EPM 15238
EPM 18586
Exploration Permit for Minerals
"
"
"
"
"
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
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 25158
EPM 25159
EPM 25160
Exploration Permit for Minerals
"
"
"
"
"
Qld, Australia
Qld, Australia
Qld, Australia
EPM 19270
"
Coolgarra Minerals Pty Ltd⁷
Qld, Australia
EPM 19625
"
Pinnacle Gold Pty Ltd⁸
Qld, Australia
Large Prospecting Licence
"
DGR Zambia Limited⁹
"
Zambia, Africa
Zambia, Africa
EPM 18534
EPM 19164
ATP Belinga Sud
ATP Tchibanga
ATP Tchibanga North
16999-HQ-LPL
17308-HQ-LPL
Notes
Location
Tasmania, Australia
1
67% owned by DGR Global
2
100% owned by Archer Resources
3
46% owned by DGR Global
4
100% owned by IronRidge Resources
5
100% owned by IronRidge Resources
6
100% owned by DGR Global
7
100% owned by DGR Global
8
94% owned by DGR Global
9
100% owned by DGR Global
Legend
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