 |
|
|
|
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. - February 1, 2012
DNI'S REE-Y-Sc-Th RESOURCE STUDY REPORT FOR THE BUCKTON
MINERALIZED ZONE, ALBERTA, FILED TO SEDAR
DNI METALS INC. (DNI:TSX-Ven)( DG7:FSE)
is pleased to announce that the supplemental resource study related to Rare Earth Elements (REE) and Specialty metals contained within its Buckton polymetallic black shale hosted Zone has been filed to SEDAR. A summary of findings from the study were announced in a press release issued January 16, 2012. The full report, “Technical Report, Supplementary REE-Y-Sc-Th, Inferred Resource Estimate To Accompany The Maiden Resource Mo-Ni-U-V-Zn-Cu-Co-Li Estimate, Buckton Mineralized Zone, SBH Property, Northeast Alberta”, January 29, 2012, Effective date January 13, 2012, by APEX Geoscience Ltd., can be obtained from www.sedar.com and from DNI’s website www.dnimetals.com.
The Supplementary REE-Y-Sc-Th resource study report was prepared by APEX Geoscience Ltd., Edmonton, and it reports an inferred resource for REE-Y-Sc-Th contained within the 250,092,000 short ton Buckton maiden inferred resource which previously related only to Base metals, Uranium and Lithium (announced Oct24/2011). The REE-Y-Sc-Th resource, announced January 16, 2012, is supplemental to the Mo-Ni-U-V-Zn-Cu-Co-Li Buckton maiden inferred resource, all of which are hosted in a 5.7 sq km portion of the Buckton Mineralized Zone believed to extend over 26 sq km. To the extent that REE-Y-Sc-Th are incidentally recovered during leaching of base metals from the mineralized black shales comprising the Zone, they are co-products which can be expected to offer additional value recoverable from the Buckton Zone.
Recoverable grades and metal/oxide quantities for Base metals, Uranium, REE and Specialty Metals hosted in the Buckton inferred resource are summarized below consolidating findings of the two above resource studies.
|
Buckton Inferred Resource - 250 million tons
Recoverable Base Metals+U+Li
|
|
Metal/Oxide
|
Grade
(lb/ton)
|
Recoverable
Metal/Oxide (lbs)
|
|
MoO3
|
0.12
|
28,656,000
|
|
Ni
|
0.27
|
66,454,000
|
|
U3O8
|
0.07
|
16,513,000
|
|
V2O5
|
1.03
|
257,604,000
|
|
Zn
|
0.54
|
136,065,000
|
|
Cu
|
0.09
|
22,832,000
|
|
Co
|
0.04
|
10,412,000
|
|
Li2CO3
|
0.30
|
75,507,000
|
|
|
|
lb=pound; ton=short ton
|
|
Buckton Inferred Resource - 250 million tons
Recoverable Co-Product REE+Sc+Th
|
|
Oxide
|
Grade
(lb/ton)
|
Recoverable
Oxide (lbs)
|
|
HREOY
|
0.16
|
40,312,149
|
|
LREO
|
0.32
|
80,436,233
|
|
TREOY
|
0.48
|
120,748,382
|
|
Sc2O3
|
0.019
|
4,731,272
|
|
ThO2
|
0.018
|
4,553,283
|
Additional work is ongoing to optimize leaching parameters for enhanced metal recoveries for some of the metals and REEs. Plans are to shortly initiate a stand-alone resource study to investigate the significance of specialty metals and REEs contained in the approximately 760 million short tons of overburden cover rocks above the Buckton inferred resource to determine whether they are indeed “waste” material or volumes which might add value to the Buckton resource. Results from this work will be announced as received.
For detailed information related to the Buckton maiden inferred resource as it relates to base metals, Uranium and Li, see the resource study report “Technical Report, Maiden Resource Estimate, Buckton, Mineralized Zone, SBH Property, Northeast Alberta”, October 18, 2011, Effective date September 30, 2011, by APEX Geoscience Ltd. This report is available from www.sedar.com and from DNI’s website www.dnimetals.com. Report date and effective date for the Supplementary REE-Y-Sc-Th resource study previously announced as December 22, 2011, and January 18, 2012, respectively, were subsequently revised to January 29, 2012, and January 13, 2012, respectively.
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: 64,376,534
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.
We seek Safe Harbour. This announcement includes forward looking statements. While these statements represent DNI’s best current judgment, they are subject to risks and uncertainties that could cause actual results to vary, including risk factors listed in DNI’s Annual Information Form and its MD&As, all of which are available from SEDAR and on its
website.
|
