STTCOMP DGR, FA Long
MC: $78 mill
Price: $0.145
DGR Global Limited (DGR) is focused on generating exploration and development companies in a wide array of minerals. DGR has various subsidiaries operating in various commodities market such as gas, gold, iron, cobalt and copper.
DGR last week released an announcement stating that one of their subsidiaries (Coolgarra Minerals 100% DGR owned) have identified several strong gold and cobalt targets during initial field work. The company is now moving forward with planning for an exploration and drill program this year.
HIGHLIGHTS:
- Large gold soil anomalies at Wally’s Hope Prospect, with a one metre wide surface exposure of non‐veined sediments assaying 40.3g/t gold–over1¼ ounces per tonne
- Walk up drill targets accessible from existing tracks
- Surface cobalt and manganese rocks at Wade’s Prospect assayed 1.1% Cobalt, 0.13% Copper and 0.54% Nickel
- Substantial gold and cobalt soil anomalies at Wade’s, with maximum soilCobalt of 0.13% and soil gold of 1.1g/t
The company also has holdings in the two other significant cobalt plays in Australia.
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