 |
|
|
|
2013
Feb 28, 2013
Feb 15, 2013
Jan 31, 2013
Jan 25, 2013
Jan 11, 2013
2012
Dec 21, 2012
Dec 17, 2012
Nov 23, 2012
Oct 4, 2012
Sep 18, 2012
Sep 13, 2012
Sep 12, 2012
Aug 9, 2012
Jun 20, 2012
May 29, 2012
May 23, 2012
Apr 16, 2012
Mar 19, 2012
Mar 1, 2012
Feb 27, 2012
Feb 15, 2012
Feb 1, 2012
Jan 16, 2012
2011
Dec 22, 2011
Dec 21, 2011
Dec 2, 2011
Oct 24, 2011
Sep 19, 2011
Sep 8, 2011
Jul 15, 2011
Jun 30, 2011
May 27, 2011
Apr 7, 2011
Mar 28, 2011
Mar 11, 2011
Mar 7, 2011
Jan 13, 2011
2010
Dec 23, 2010
Dec 10, 2010
Nov 19, 2010
Nov 10, 2010
Oct 15, 2010
Sep 17, 2010
Aug 16, 2010
Aug 4, 2010
Jul 7, 2010
Jun 18, 2010
Jun 7, 2010
May 10, 2010
May 7, 2010
Apr 28, 2010
Mar 4, 2010
Feb 2, 2010
2009
Nov 12, 2009
Oct 29, 2009
Oct 20, 2009
Oct 14, 2009
Oct 1, 2009
Sep 21, 2009
Sep 17, 2009
Aug 12, 2009
Aug 4, 2009
Jul 17, 2009
Jul 16, 2009
Jul 7, 2009
Jul 2, 2009
Jun 30, 2009
Jun 11, 2009
May 4, 2009
Apr 15, 2009
Apr 1, 2009
Mar 10, 2009
Feb 18, 2009
Jan 31, 2009
Jan 15, 2009
News Archives
2008
News Archives
2007 - 2002
News Archives
2001 - 1998
| |
|
|
|
|
|
NEWS RELEASE
DNI METALS INC. - May 27, 2011
DNI COMMENTS ON SUDDEN RISE IN VALUE AND TRADING OF ITS SHARES
DNI METALS INC.
(DNI:TSX-Ven, DG7:FSE) has been requested by regulatory authorities to comment on the sudden rise in trading volume and value of its shares on the TSX Venture Exchange. DNI announces that there are no material developments which can account for the foregoing activities.
DNI continues to focus all of its efforts to advance its polymetallic black shale Properties in Alberta. By way of a summary update in the foregoing regard, DNI is pleased to announce that analytical work, leaching tests and a mineral resource study have commenced on one of its six polymetallic black shale projects, Alberta. This work is relying on drill core samples collected from the recent winter drilling program over the Buckton Potential Mineral Deposit, which comprises one of six mineral systems identified by DNI on its 2,720 square kilometer land position, located approximately 120 kilometers north of Fort McMurray in the Athabasca region, Alberta. Analytical results are expected to be in hand by the end of June.
As previously announced (press March 7, 2011), five holes were cored over approximately 3 square kilometres of the Buckton Zone to enable preparation of a resource study to upgrade a portion of the Buckton Potential Mineral Deposit blocked over the Zone into a NI-43-101 compliant classified resource. APEX Geoscience Ltd., of Edmonton, has been retained to prepare the resource study which is scheduled for completion in August.
As outlined in the technical report for the Property (announced Nov10/2008), the Buckton Potential Mineral Deposit comprises 1.2-1.3 billion short tons of polymetallic mineralization extending over 26 square kilometers hosted in the Second White Speckled Shale. The foregoing potential deposit is open in three directions to at least 6km to its north and south. Together with historic drilling which was reviewed and re-analyzed by DNI in 2009, DNI’s recent winter drilling is expected to provide sufficient information to capture approximately 10%-15% of the potential deposit into an inferred resource.
DNI is in the process of updating the above technical report for the Property to incorporate incremental information collected since 2008, notably leaching and bioleaching metals recoveries results previously announced in press along with additional corroborating results from broader testwork. The revision will also address upgrading the size of the two Potential Mineral Deposits outlined in the report in view of additional rock density measurments data collected during the past two years.
DNI continues to focus its efforts on its polymetallic black shale Properties in Alberta, and on its carried interest in the diamond discovery on its Attawapiskat Property, Ontario.
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. The Qualified Person in connection with DNI’s Alberta polymetallic shale projects is Shahé F. Sabag PGeo, DNI’s president/CEO.
DNI - TSX Venture
DG7 - Frankfurt
Issued: 59,811,884 (post financing)
For further information, contact:
DNI Metals Inc. - Shahe Sabag, President & CEO or Denis Clement, Chairman - 416-595-1195
email ir@dnimetals.com. Also visit www.dnimetals.com
|
