Shale Metals Projects
DNI Metals Inc. is exploring metal enriched black shales over its
northeast Alberta land position to delineate bulk mineable mineral resources as a long term source to Base Metals, Uranium, Specialty Metals and Rare Earth Elements which are recoverable by heap leaching.
DNI has advanced one of the polymetallic Zones identified on
its Property, the Buckton Zone, through a Preliminary Economic Assessment Study reporting positive economics for the 4.5 billion tonne Buckton
Deposit extending over 21.9 km2 containing Ni-U-Zn-Cu-Co-REE-Y. DNI is also evaluating recovery of co-product Scandium from the Buckton Deposit..
DNI has also delineated a 548 million short ton maiden inferred resource extending over a 3.3 km2 portion of
the Buckton South Zone, representing the second mineral resource delineated on the
Property. DNI is evaluating the potential of its polymetallic black shales as a long term source of
Molybdenum, Nickel, Uranium, Vanadium, Zinc, Copper, Cobalt, Specialty Metals (Scandium, Lithium and Thorium) and Rare Earth
Alberta Fracsand Projects Portfolio
Athabasca Region, Alberta, Canada
Compelled by fast growing demand in natural sand proppant (fracsand) for use during hydraulic fracking of tight oil/gas reservoirs, DNI is evaluating the potential of the Pelican sandstone Formation over certain portions of its Alberta SBH Property as a source to fracsand.
DNI has identified seven project areas on the SBH Property with large exposures of the Pelican Formation which extends under the entire Property. DNIís seven fracsand project areas are sufficiently large enough that they each hold realistic potential for hosting sand deposits of reasonable dimensions suitable as a long term source of fracsand.
The projects represent a portfolio of seven contiguous fracsand properties with collective potential as a new fracsand district in northeast Alberta adjacent to oil sands operations in the Fort McMurray area.
July 2014 initial sampling over two of its fracsand project areas confirmed sections of coarse clean sand of good roundness and sphericity in the Pelican sandstone with potential to meet fracsand specifications.
Bay Lowlands, Ontario, Canada
DNI Metals Inc. also holds one of the most prospective land positions in the Attawapiskat,
Ontario. DNI's holdings are strategically situated
adjacent to DeBeers'
Victor Diamond Mine, and
in the same structural corridor.