DNI's resource study report updating and expanding the mineral resource at its Buckton Zone filed to SEDAR, Alberta polymetallic black shale project
(DNI : TSX-Ven)
(DG7 : Frankfurt)
TORONTO, Sept. 11, 2013 /CNW/ - DNI Metals Inc. (DNI:TSX-Ven)(DG7:FSE) announces that the resource study report which updates the mineral resource at the Buckton Zone on its Alberta polymetallic black shale project has been filed to SEDAR. The study successfully expands the inferred resource at the Buckton Zone from 3.5 billion short tons to 4.9 billion short tons, in addition to upgrading a portion of it to the indicated resource class by delineating a 300 million short ton indicated mineral resource. The inferred and indicated resources together extend over 21.9 square kilometres (approximately a 3kmx8km area), 20.4 square kilometres of which represents the aerial extent of the inferred resource.
A summary of findings from the study were announced in a press release issued August 27, 2013. The full report, "National Instrument 43-101 Technical Report, Updated And Expanded Mineral Resource Estimate for The Buckton Zone, SBH Property, Northeast Alberta", effective date September 9, 2013, by APEX Geoscience Ltd., can be obtained from www.sedar.com and from DNI's website www.dnimetals.com. The study was prepared by Apex Geoscience Ltd ("Apex"), Edmonton, under the supervision of Mr.Roy Eccles PGeol, Mr.Michael Dufresne PGeol, Mr.Steven Nicholls MAIG and Kyle McMillan PGeol, who are the Qualified Persons in connection with its preparation and are independent of DNI. The Study relies on the collective of DNI's drilling programs over the Buckton Zone, together with historic drilling from the area from which all archived drill core were previously re-sampled and re-analyzed by DNI in 2009 and 2012. All of the foregoing drilling campaigns were implemented by Apex under the supervision of Mr.Dufresne. The foregoing resource study complies with National Instrument 43-101 and CIM resource estimation guidelines.
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DNI - TSX Venture
DG7 - Frankfurt
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