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MDN Stakes 98 km2 of Strategic Ground Southeast of Crevier
Published : June 13, 2011

Identifies a carbonatite-type magnetic signature similar to Niobec

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MONTREAL, QUEBEC--(Marketwire - June 13, 2011) -

Editors Note: There is a map associated with this press release.

MDN Inc. ("MDN") (News - Market indicators) is pleased to report that it has acquired 175 claims covering 98 km2 southeast of the Crevier niobium-tantalum project. This new acquisition means that MDN now controls the ground covering a magnetic geophysical response similar to the one associated with the Niobec niobium mine. The magnetic signature lies 23 km southeast of the Crevier deposit and 130 km northwest of the Niobec mine and the property has been named Samaqua.

"We have several good reasons to enlarge the footprint of the Crevier project," said Serge Bureau. "We are in the advanced feasibility study stage, and we recognize that the magnetic signature to the southeast of the project could correspond to another carbonatite-type mineralization with a rare-earth core. Furthermore, it is related to the Crevier deposit via a lineament corresponding to the southeast extension of the Crevier dike. This would mean timely growth for our project given the development of new modern applications for strategic metals." 

MDN staked this strategic position following its analysis of geophysical mapping of the airborne magnetic map published by the Canadian government and the compilation of previous work in the area.

A magnetic signature similar to the Niobec magnetic response has been identified, with a halo of high magnetic intensity surrounding a low-intensity core. In the case of Niobec, the core corresponds to a niobium carbonatite with a rare-earth centre. 

The circular anomaly lies at the southeast end of a lineament visible on the geophysical maps. The lineament coincides with the porphyry syenite dike hosting the Crevier deposit and could be the southeast extension of the dyke, in which case the two systems would be related.

The new claims also lie within part of a structural corridor that includes the Saint-Honoré (Niobec) and Crevier carbonatites in the Grenville Province and the Lac Shortt and Montviel carbonatites in the Abitibi.

Historical prospecting work located pegmatitic syenite outcrops within the magnetic halo, which is highly indicative of the presence of an alkaline intrusive favourable to metals like those at Crevier (niobium-tantalum) and /or Niobec (niobium and rare earths).

Reconnaissance work will be carried out on the property during the year to confirm the presence of a carbonatite and its metal content. This work will also enable the Company to verify whether the Crevier mineralized dyke and this circular anomaly are interrelated, as suggested by the presence of the lineament.

The technical and scientific information contained in this press release has been reviewed by Marc Boisvert, geologist engineer and Vice President, Exploration, who acts as a qualified person in accordance with National Instrument 43-101.

About MDN

MDN Inc. (News - Market indicators) is a mining exploration and development company exploring and developing projects in Quebec and Tanzania. The company is also active in the search for new business opportunities that can increase shareholder value. As well as holding a 30% participating interest in the Tulawaka gold mine, MDN is the operator and owner of a majority interest in mineral licenses totalling 757 km2 in the vicinity of the Tulawaka mine. MDN Inc. also owns a 72.5% 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 interest in Crevier Minerals Inc. to 87.5%. Additional information is available on MDN's website at www.mdn-mines.com.

Forward-Looking Statements Other than statements of historical fact, all statements in this release that address events or developments that the Company expects to occur are forward-looking statements. Although the Company believes that 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 as such, the forward-looking statements in this press release should not be unduly relied upon. These statements speak only as of the date of this press release.

To view the map associated with this press release, please visit the following link: http://media3.marketwire.com/docs/mdna0613.pdf



Serge Bureau, Ing.
President and Chief Executive Officer
MDN Inc.
514 866-6500, Ext. 221
or
Marc Boisvert, Ing.
Vice President, Exploration
MDN Inc.
514 866-6500, Ext. 227
www.mdn-mines.com
or
Nicole Blanchard, Investor Relations
Sun International Communications
450 973-6600
nicole.blanchard@isuncomm.com

MDN Inc

PRODUCTEUR
CODE : MDN.TO
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
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17/01/2008(Tulakawa Mine) Tulawaka Mine Achieves Record Gold Production and Strong Fi...
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25/07/2007Tulawaka Mine Produces 42,893 Ounces of Gold in the Second Q...
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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
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26/02/2009(Ikungu)High-Grade Gold Samplings for Ikungu Project
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22/05/2008(Tulakawa Mine): First Results of the 2008 Isambara Drilling Program
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Communiqués de Presse de MDN Inc
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04/03/2016IIROC Trade Resumption - MDN
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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
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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
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06/03/2012. Receives Payment of US $6.17 Million
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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
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04/09/2008Warrant Exchange Offer Extended
12/08/2008NET EARNINGS OF $6.6 MILLION OR $0.073 PER SHARE
01/08/2008Announces a Warrant Exchange Offer
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