DNI METALS INC. (DNI : TSX-V)(DG7 : Frankfurt)
TORONTO, April 8, 2015 /CNW/ - Further to DNI Metals Inc.
("DNI") Press release dated April 1,
2015
http://www.newswire.ca/en/story/1511305/head-grade-at-dni-metal-s-madagascar-graphite-property-averages-greater-than-10
in which grab samples recently collected from a Due Diligence trip
to its newly acquired property in Madagascar returned head grades of 9.85%,
10.0% and 35.5% Graphitic Carbon. Further testing of these
samples has returned the following outstanding results:
Jumbo and Large Flake distribution of greater than
62.5%.
Jumbo and Large Flake Graphitic Carbon content ranging 91.3
to 97.9%
Flake
Size
|
Flake
Distribution
|
Flake
Description
|
Graphitic
Carbon
|
|
%
|
|
Content
%
|
|
|
|
|
+20 Mesh /+
841 Microns
|
13.7%
|
Super
Jumbo
|
97.9%
|
+30 Mesh / +595
Microns
|
1.9%
|
Jumbo
|
-
|
+50 Mesh / +297
Microns
|
40.0%
|
Jumbo
|
96.7%
|
+70 Mesh / +210
Microns
|
6.9%
|
Large
|
91.3%
|
+100 Mesh / +149
Microns
|
12.9%
|
Medium
|
88.8%
|
+140 Mesh / +105
Microns
|
4.2%
|
Small
|
87.3%
|
-140 Mesh / -105
Microns
|
20.4%
|
Small
|
89.0%
|
Total
|
100.0%
|
|
|
Dan Weir, CEO of DNI commented,
"Not only have the samples shown a world-class head grade, but also
world-class flake distribution and Graphite Carbon Content.
The team has made it our focus to find High Grade projects that
have infrastructure. The project is 40 Kms from the Madagascar's main port, 1 km off the country's
main paved Highway"
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.
The samples were processed at Process Research Ortech Inc. and
Agat Laboratories, both located in Ontario, Canada. Further processing is
ongoing to determine particle size distribution and upgrade purity
numbers and these results are expected shortly.
Graphitic carbon assays were performed using a modified infrared
assay method. This method is preferable to other industry-accepted
assay methods including varying forms of Loss on Ignition (LOI)
testing.
These results were obtained via conventional flotation only
without chemical treatment, i.e. without the use of strong bases
(NaOH – caustic roast technique) or acids
(H2SO4/HF – acid leach technique).
A detailed programme of test pit and auger sampling and mapping
is currently in the advanced stages of planning, with an estimated
start date sometime in late April
2015.
Further information about DNI, can be found on its website.
www.dnimetals.com
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSX.V) accepts
responsibility for the adequacy or accuracy of this release.
DNI - TSX Venture
DG7 – Frankfurt
Issued: 18,985,702 common shares
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.