NEWS RELEASE - August 9, 2012
DNI METALS INC. (DNI : TSX-Ven)(DG7 : Frankfurt)
DNI RESUMES IN-FILL AND EXPLORATORY DRILLING ON ITS POLYMETALLIC BLACK SHALE PROJECTS, ATHABASCA REGION, ALBERTA
DNI METALS INC. (DNI:TSX-Ven, DG7:FSE) 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
For further information, contact:
DNI Metals Inc. - Shahe Sabag, President & CEO (416-595-1195) or Denis Clement, Chairman (416-364-1909) email
ir@dnimetals.com. Also visit
www.dnimetals.com.
Link to news release on CanadaNewswire.com:
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Athabasca Potach Inc.
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CODE : API.TO |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Athabasca is a exploration company based in Canada. Athabasca holds various exploration projects in Canada. Its main exploration property is THE BURR PROJECT in Canada. Athabasca is listed in Canada. Its market capitalisation is CA$ 315.8 millions as of today (US$ 309.2 millions, € 231.9 millions). Its stock quote reached its highest recent level on May 16, 2008 at CA$ 9.47, and its lowest recent point on December 24, 2008 at CA$ 0.75. Athabasca has 37 824 000 shares outstanding. |