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DNI Metals Inc.
Summary
| Project: | Vohitsara | |
|---|---|---|
| Deposit: | Vohitsara | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 5/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-5-2019: DNI Metals Inc. announces a Resource Estimation report for its Vohitsara deposit at the Vohitsara project. Initial mineral resource estimate at the project. This is the first mineral resource estimate to be conducted on DNI’s Vohitsara Project | |
| Resources: | (Resource, Inf.): 4.00Mt @ 5.0% Cg for 200Kt graphite contained | |
| CP/QP: | [Resources]: Charley Murahwi (Micon International Ltd.) | |
| ABSTRACT: | This is the first mineral resource estimate to be conducted on DNI’s Vohitsara Project in Madagascar. The mineral resource estimate is based on the exploration work conducted on the Project to date by DNI and other parties, that has been reviewed and accepted by the QP. The database for DNI consists of 5 trenches 56 RC dill holes and 28 diamond drill holes with the majority of the work completed on the Main zone and the remainder on the Southwest zone. The resource estimate discussed in this Technical Report pertains only to the Main Zone which has been tested by 5 trenches, 22 vertical diamond drill holes and 38 vertical RC holes. The resource database comprises geological contacts, collar-surveys, assay data, lithology tables and density information. The drill hole spacing is between 100 m and 150 m except where the holes have been twinned; the average spacing is approximately 125 m. While the quality of the data for the Southwest Zone is sufficient upon which to conduct a mineral resource estimate, a mineral resource estimate for the zone was not conducted. The mineral resource estimate for the Southwest Zone was not conducted for the following reasons | |
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