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DNI Metals Inc.
Summary
| Project: | Vohitsara | |
|---|---|---|
| Deposit: | Vohitsara | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 1/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-1-2018: DNI Metals Inc. announces an Exploration/Drilling Update report for its Vohitsara deposit at the Vohitsara project. Drilling results incl. 12.9m @ 4.71% GC from 3.20m. DNI is pleased to announce the following (refer Figure 1 following): Receipt | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steven Goertz (Internal) | |
| ABSTRACT: | DNI is pleased to announce the following (refer Figure 1 following): Receipt of the third and fourth batches of drilling assay results from its recent diamond core drilling programme at DNIs 100%-owned Vohitsara Graphite Project in Madagascar; incorporating four (4) additional assayed diamond core holes from the Main Zone; Drilling continues to encounter free-dig saprolitic weathered material developed to depths of up to 42m below the surface outcrop elevation; averaging 28m; An industry wide uptick in exploration activity has caused significant delays in assaying turnaround times. That said, all the aforementioned drill and trench samples from the 2017 Vohitsara drilling programme are at the Laboratory and further results are expected in the near term. Dan Weir, CEO, commented: “We continue to be impressed with the results being returned from our diamond core drilling within these two known targets at our Vohitsara project as the mineralized zone geometry continues to expand in all directions. Once again, I am very pleased with the mineralization repeatability in each diamond core drill hole as three of the four holes intercepted favourable mineralization. We are very excited about these results and we look forward to receiving the remaining assays from the lab.” | |
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