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DNI Metals Inc.
Summary
| Project: | Vohitsara | |
|---|---|---|
| Deposit: | Vohitsara | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 12/7/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-12-2017: DNI Metals Inc. announces an Exploration/Drilling Update report for its Vohitsara deposit at the Vohitsara project. Drilling results incl. 34m @ 5.63% GC from 0m. Toronto, Ontario--(Newsfile Corp. - December 7, 2017) - DNI Metals Inc. (DNI: CSE | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steven Goertz (Internal) | |
| ABSTRACT: | Toronto, Ontario--(Newsfile Corp. - December 7, 2017) - DNI Metals Inc. (DNI: CSE) (FSE: DG7N) (OTC Pink: DMNKF) ("DNI" or the "Company").Dan Weir, CEO, commented: "We continue to be impressed and excited with the results being returned from our drilling within these two highly prospective targets at our Vohitsara project. Nine (9) of the first twelve holes — including every one of the holes from the Main Zone - returned solid intercepts. Worth noting is that, as stated previously, many of the Saprolitic graphite mines around the world produce from an average in-situ grade of 3-5%graphitic carbon ('GC'). Obtaining an intercepted width of 12 metres grading 9.28%GC, that includes 4.5m grading 12.00%GC, almost from surface, is well above the average tenor of mineralisation for this area. We are very excited about these results and very much look forward to receiving the remaining assays." : Note that insufficient geological data currently exist to accurately determine true mineralisation widths as compared to intersection widths as listed in Table 1 above. Note also that the intersected mineralisation is hosted within weathered in-situ saprolitic material and is known to be broadly disseminated within this regolith horizon in the area currently being tested by drilling. A full listing of all 255 assay results is appended at the back of this document. All representative samples were prepared and collected by or under supervision of DNI's Country Manager, StevenGoertz. Mr. Goertz is a Geologist and is a Qualified Person under NI43-101 regulations. Mr. Goertz has approved this Press release. | |
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