DNI resumes in-fill and exploratory drilling on its polymetallic black shale projects, Athabasca Region, Alberta
August 09 2012 - 12:11AM
PR Newswire (Canada)
DNI METALS INC. TORONTO, Aug. 9, 2012 /CNW/ - DNI Metals Inc.
announces that it has resumed in-fill and exploratory drilling on
its Alberta polymetallic black shale projects with three drill
programs which have commenced. The current drilling entails
completion of approximately twenty shallow vertical core holes over
a 75 sq km area. The drill programs are intended: (i) to expand and
upgrade the existing Buckton initial inferred resource;
(ii) to commence drill testing of the Buckton South target
which is either an extension of the Buckton Zone 9km to its south
or is a separate mineralized Zone; and (iii) to explore for
possible northerly extensions of the Buckton Zone over at least an
additional 6km of strike. The Buckton initial Base Metals, Uranium
and Specialty Metals inferred resource was announced on October 24,
2011, and related contained REE-Y-Sc-Th inferred resource was
announced on January 16, 2012. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. DNI - TSX Venture DG7 -
Frankfurt Issued: 69,546,689 DNI Metals Inc. CONTACT: DNI Metals
Inc. - Shahe Sabag, President & CEO (416-595-1195)
orDenisClement, Chairman (416-364-1909) email ir@dnimetals.com.
Alsovisit www.dnimetals.com.
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