DNI METALS INC. (DNI : TSX-Ven)(DG7 : Frankfurt)
TORONTO, Aug. 5, 2015 /CNW/ - DNI Metals Inc, 'DNI', announced on July 22, 2015 that it had received a full mining permit for its Vohitsara graphite project in Madagascar. http://www.newswire.ca/en/story/1573987/dni-metals-receives-full-mining-permits-for-its-graphite-project-in-madagascar.
Having a full permit will allow DNI to fast track development of the Project.
DNI is pleased to announce that it commenced and completed phase 1 of development of the Vohitsara project. The 1st phase consisted of completing geophysics over and close to the old French mine workings, and digging of trenches in the same area.
DNI's group of professionals were able to find mineralization on the main zone that extends more than 2 km's and averages 300 to 400 meters wide.
Note: there are at least 2 other zones on the property that have not been fully studied.
DNI initially focused on an area that was known to contain large flake Graphite, had undergone historical mining operations, and that had mineralization close to surface.
All representative samples were collected under supervision of DNI's Country Manager, Steven Goertz. Mr. Goertz is a Geologist and is a Qualified Person under JORC and 43-101 regulations.
DNI - TSX Venture
DG7 - Frankfurt
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.
SOURCE DNI Metals Inc.
For further information: DNI Metals Inc. - Dan Weir, President & CEO 416-595-1125, DanWeir@dnimetals.com, email email@example.com. Also visit www.dnimetals.com