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Publié le 03 février 2011

Confirms That the Niobium-Tantalum Mineralization Extends More Than 400 m South From the Crevier Dep

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MDN. confirms that the niobium-tantalum mineralization extends more than 400 m south from the crevier deposit












MDN Inc. ("MDN") (TSX:MDN - News) is pleased to report the assay results for eight holes, CR-10-153 to CR-10-160, drilled on the Crevier niobium-tantalum property, located north of Girardville in Quebec's Saguenay-Lac Saint Jean region. The Crevier property is 67.5% owned by MDN Inc. and 32.5% by Iamgold. MDN has the option to acquire up to 87.5 % of the project once the feasibility study is completed.


These eight holes were drilled in 2010 to test the southerly extension of the main mineralized zone of the Crevier niobium-tantalum deposit. The 1,063-metre drilling program was carried out as part of work being done to support the feasibility study currently underway on the Crevier deposit.


The holes were drilled on four sections 100 metres apart. All the holes intersected the nepheline syenite dike containing the niobium-tantalum mineralization, and returned grades similar to those that characterize the main Crevier deposit. This effectively extends the mineralized zone 400 metres southward. The Crevier deposit has a current measured and indicated resource of 25.4 million tonnes grading 0.196 % Nb2O5 and 234 ppm Ta2O5 (press release dated June 14, 2010).


The true width of the dike in this area ranges from four to 12 metres.


A map of the Crevier property, attached to this press release and also available on our website, shows the portion of the deposit that is the subject of the feasibility study, as well as the probable extensions of the mineralized zone to the north and south. The main deposit is also known to be open at depth, representing additional mineralization potential.


The following table shows the results for the eight holes:


                               Crevier Project                             
                             2010 Drill Results                            
              Hole    East                                                  
Hole #      Length     UTM  North UTM  From    To Apparent  True Nb2O5 Ta2O5
               (m)                      (m)   (m)    Width Width     % (ppm)
CR-10-153   102.00  662723    5480127  64.2  83.9     19.7  12.6 0.089    95
CR-10-154   150.89  662724    5480114 110.4 126.5     16.1   6.8 0.126   137
CR-10-155   114.27  662795    5480030  20.3  32.2     11.9   7.7 0.089    60
                                       93.4 104.0     10.6   6.8 0.188   204
CR-10-156   173.62  662781    5480024 130.8 139.5      8.7   4.4 0.048    44
                                      155.7 165.8     10.1   5.1 0.190   182
CR-10-157   138.00  662866    5479984  49.5  62.2     12.7   8.2 0.113   151
                                       71.1  82.0     11.0   7.1 0.172   201
CR-10-158   153.00  662866    5479984 114.4 130.2     15.8   7.9 0.227   234
CR-10-159    93.00  662949    5479906  67.0  81.8     14.8   9.5 0.184   182
CR-10-160   137.95  662949    5479906  42.3  53.5     11.2   5.6 0.110    93
                                       97.6 122.2     24.6  12.3 0.146   144


The weighted average for each intersection was calculated for analyses lying within the nepheline syenite dike.


Crevier Southerly Extension


On April 29, 2009, Crevier Minerals Inc. staked 83 cells covering 4,651.74 hectares to the south of the property following the publication of new lake-bottom sediment geochemical data (Labbe, 2009; document PRO 2009-03, Ministere des Ressources naturelles et de la Faune (MRNF)). The Crevier property lies in the north-eastern portion of this vast regional survey.


Lake-bottom sediment samples were analysed by the MRNF for 53 chemical elements. The combined La-Nb-Y map published in document PRO 2009-03 reveals several anomalies, including one in the vicinity of the Crevier deposit.


The property is associated with a linear Nb+/-La+/-Y+/-Sr anomaly. The southern part of the property was staked in part to extend the original property southward to cover the southern and south-western extensions of these geochemical anomalies (dike extensions? alkaline intrusion?). Furthermore, the federal magnetic MAG map indicates lineaments related to the mineralized dike on the new claims.


"In combination with the new drill results, these geochemical and geophysical data compilations show that the potential of the Crevier mineralized structure has not yet been fully defined, and open up a new area favourable to the discovery of additional mineralization" said Serge Bureau, MDN's President and Chief Executive Officer.


Samples from the drill program were sent to Actlabs Laboratory in Ancanster, Ontario for preparation and analysis. The samples were analysed in two stages. The niobium content was determined by X-ray fluorescence (XRF) and the tantalum content was analysed by neutron activation (INAA). A stringent analysis quality verification program was implemented by EOSGEO, who were responsible for drilling program supervision and compilation. The technical and scientific information contained in this press release has been reviewed by Serge Bureau, engineering geologist and President of MDN Inc., who is a qualified person under National Instrument 43-101.


About MDN


MDN Inc. (TSX:MDN - News) is a mining exploration and development company exploring and developing its exploration projects in Quebec and Tanzania. MDN also remains active in the search for new business opportunities that can increase shareholder value. In addition to its 30% participating interest in the Tulawaka gold mine, MDN is the operator and owner of a majority interest in mineral licenses totalling 767 km(2) in the vicinity of the Tulawaka mine. MDN Inc. also owns a 67.5% interest in Crevier Minerals Inc. which owns an NI 43-101 niobium-tantalum resource in the Lac-Saint-Jean area of Quebec. MDN has an option to increase its equity participation in Crevier Minerals Inc. to a maximum of 87.5%. Additional information is available on MDN's website at www.mdn-mines.com.


Forward-Looking Statements All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements are discussed in greater detail in the Company's most recent Annual Information Form filed on SEDAR, which also provides additional general assumptions in connection with these statements. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the factors mentioned in the Annual Information Form as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release.


The map of the Crevier property is available at: http://media3.marketwire.com/docs/MDN264.pdf




Serge Bureau, Ing.
MDN Inc.
President and Chief Executive Officer
514-866-6500, Ext. 221

Marc Boisvert, Ing.
MDN Inc.
Vice President, Exploration
514-866-6500, Ext. 227

Nicole Blanchard, Investor Relations
Sun International Communications














ISIN : CA55276L1040
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MDN. est une société de production minière d'or et de cuivre basée au Canada.

MDN. détient divers projets d'exploration au Canada.

Son principal projet en production est TULAKAWA MINE en Tanzanie et ses principaux projets en exploration sont LAC SHORTT, DES MÉLOIZES, CLAIRY, LE TAC, LESPERANCE, MATAGAMI, MCGOLD et CREVIER au Canada et IKUNGU en Tanzanie.

MDN. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 5,2 millions CA$ (4,0 millions US$, 3,5 millions €).

La valeur de son action a atteint son plus haut niveau récent le 11 octobre 1996 à 2,15 CA$, et son plus bas niveau récent le 24 décembre 2015 à 0,01 CA$.

MDN. possède 114 660 000 actions en circulation.

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Financements de MDN Inc
21/12/2007Received $2 Million on Exercise of Warrants
Nominations de MDN Inc
23/02/2010Appoints Serge Bureau as CEO
12/09/2008Marc Boisvert Becomes MDN Inc.-Vice President-Exploration
Rapports Financiers de MDN Inc
09/08/2013Reports Its Financial Results for the First Quarter of 2013
10/05/2013Reports its Financial Results for the First Quarter of 2013
27/03/2013Reports Its Financial Results for the Fiscal Year Ended Dece...
12/11/2012Reports Its Financial Results for the Third Quarter of 2012
12/11/2012Reports Its Financial Results for the Third Quarter of 2012
12/11/2012Reports Its Financial Results for the Third Quarter of 2012
13/08/2012Reports Its Financial Results for the Second Quarter of 2012
23/07/2012.-Tulawaka 2012 Second Quarter Results
11/05/2012Reports its Financial Results for the First Quarter of 2012
19/04/2012.: Tulawaka First Quarter Results
23/03/2012Reports its 2011 Financial Results
26/05/2011Reports Its Financial Results for the First Quarter of 2011
24/03/2011Reports its 2010 Financial Results
01/04/2010Posts 2009 Financial Results
19/10/2009(Tulakawa Mine)Tulawaka Mine Produces 29,489 Ounces of Gold During the Thir...
20/07/2009(Tulakawa Mine)Tulawaka Mine Produces 24,561 Ounces of Gold during the seco...
13/11/2008Third Quarter Ended 2008
23/04/2008(Tulakawa Mine)Produces 62,085 Ounces of Gold During the First Quarter of 2...
17/01/2008(Tulakawa Mine) Tulawaka Mine Achieves Record Gold Production and Strong Fi...
25/07/2007Tulawaka Mine Produces 42,893 Ounces of Gold in the Second Q...
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14/03/2012(Ikungu)Acquires Ground at the Ikungu Gold Project in Tanzania
09/02/2012(Crevier)./Update on Metallurgical Work at the Crevier Project: Posit...
09/02/2012(Crevier)./Update on Metallurgical Work at the Crevier Project: Posit...
06/09/2011(Ikungu)Ongoing Investment in Exploration Increases MDN's Interest i...
26/07/2011.: Tulawaka had a 49% Increase in Gold Production During the...
14/06/2011(Crevier)Stakes 98 km2 of Strategic Ground Southeast of Crevier
13/05/2011(Crevier)Seeking a Strategic Partner for the Crevier Project
12/04/2011(Ikungu)Provides an Update on Ikungu and Assesses the Mineral Potent...
03/02/2011(Crevier)Confirms That the Niobium-Tantalum Mineralization Extends Mo...
04/05/2010(Ikungu)The Ikungu Project Continues to ShowGood Gold Intersections ...
03/05/2010(Tulakawa Mine)Exploration Drilling at Tulawaka Mine Identify a New Gold Zo...
05/03/2010(Ikungu)Exploration Update, Ikungu Property, Tanzania
06/11/2009(Isambara) Isambara Project Update: Drill Hole Intersects an Alteratio...
02/11/2009(Tulakawa Mine)Preliminary Results on Tulawaka's Underground Drilling
28/07/2009(Isambara)Operational Update: Drilling Program has Begun at Isambara
26/02/2009(Ikungu)High-Grade Gold Samplings for Ikungu Project
27/01/2009(Tulakawa Mine) Tulawaka Gold Mine Achieves Record production of 211,373 ou...
15/09/2008 Proves Extensions to the High-Grade Zones at Isambara
22/05/2008(Tulakawa Mine): First Results of the 2008 Isambara Drilling Program
02/04/2008(Tulakawa Mine)Tulawaka Gold Mine expects to produce 180,000 ounces of gold...
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04/03/2016IIROC Trade Resumption - MDN
04/03/2016MDN Signs a LOI for the Acquisition of the Argor Niobium Dep...
04/03/2016IIROC Trading Halt - MDN
19/02/2016MDN Terminates Prairie Lake Option
11/01/2016IIROC Trade Resumption - MDN
11/01/2016MDN Inc.: XINYE Intends to Proceed With JV in Tanzania
11/01/2016IIROC Trading Halt - MDN
08/09/2015IIROC Trade Resumption - MDN
08/09/2015MDN Signs an Agreement for a Joint Venture on the Ikungu Pro...
08/09/2015IIROC Trading Halt - MDN
16/04/2015MDN Receives Cash From Dispute Settlement
24/02/2015MDN Acquires 20 Blocks of High Grade Niobium Claims in Ontar...
30/01/2015MDN Inc.: Start of Drilling Program on Samaqua
15/12/2014MDN Inc.: Update on the Exploration Program on Samaqua
15/10/2014MDN Identifies Three Large Exploration Targets on Samaqua
06/10/2014MDN Welcomes Positively the Change of Partner in the Crevier...
19/08/2014MDN Announces the Start of the Exploration Program on Samaqu...
15/07/2014MDN Announces Closing of Private Placement
18/06/2014MDN Announces an Exploration Program on the Samaqua Property
12/06/2014Jean-Sebastien David and Claude Dufresne are Joining the Boa...
14/05/2014MDN Inc.: Ikungu East Exploration Results Update
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31/03/2014MDN Inc. Reports Increasing Evidence of a Large Gold-Bearing...
26/04/2013Metalinvest Requests an Extension for Payment of the Initial...
13/02/2013Announces Tulawaka Year-End 2012 Operational Results
28/01/2013Corporate Restructuring Focused on Exploration in Tanzania
26/10/2012.: Tulawaka 2012 Third Quarter Results/Focus on Mine Life Ex...
11/09/2012(Ikungu).: Presence of a Volcanic Belt of More Than 15 km on Ikungu ...
23/08/2012Confirms Discovery on Nikonga
06/03/2012. Receives Payment of US $6.17 Million
28/02/2012(Mcgold)and SOQUEM Demonstrate That Gold Mineralization at the MCGol...
16/02/2012Announces Tulawaka Year-End 2011 Operational Results
26/01/2012Begins Drilling at the Nikonga Project in Tanzania
18/01/2012.: Fourth Quarter Operation Results at the Tulawaka Gold Min...
04/08/2011Reports its Financial Results for the Second Quarter of 2011...
21/04/2011Announces First Quarter Production of 19,606 Ounces of Gold ...
16/02/2011Announces Tulawaka Year-End 2010 Operational Results
16/02/2010 Increases its Participation in Mineraux Crevier to 67.5%
16/12/2009Announces Important Changes to Senior Management
12/11/2009Net Income for the 7th Consecutive Quarter
21/10/2009 Provides an Update on Anita
13/08/2009Net Income of $1,153,330 or $0.012 Per Share
02/06/2009Confirms an Investment in a Niobium and Tantalum Deposit
25/05/2009Corporate Update of MCI's Acquisition Project
15/05/2009Net Income of $794,214 or $0.01 Per Share
18/12/2008 Provides Corporate Development Update
19/09/2008Overwhelming Acceptance Rate For MDN's Warrant Exchange Offe...
04/09/2008Warrant Exchange Offer Extended
01/08/2008Announces a Warrant Exchange Offer
05/06/2008Shareholders Approve the Shareholders Rights Plan
15/05/2008Net Earnings of $1.8 Million or $0.02 Per Share
23/04/2008Adopts Shareholder Rights Plan
11/09/2007Retains the Services of Evolution Group
23/08/2007Acquisition in Normetal Area-Abitibi
03/08/2007Tanzanian Royalty Receives Assay Results From MDN for Mnezek...
24/05/2007Northern Mining Explorations Ltd. Changes its Name to MDN IN...
16/05/2007First Drilling Phase Completed With Success on Isambara
04/04/2006(Isambara)First drilling in Eritrea
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