DNI METALS INC. (DNI : TSX-V)(DG7N : Frankfurt)
TORONTO, Oct. 7, 2015 /CNW/ - Further to DNI Metals Inc.
("DNI") Press release dated September
24, 2015 <
http://www.newswire.ca/news-releases/dni-metals-inc-700-meters-strike-length---ranging-from-3-13-from-4-trenches-529113871.html
> which reported strong graphitic carbon head-grade
results (3% to 13.14% Cgr) from 4 trenches covering a
strike length of 700 metres; averaging 300 to 400 meters in width;
the Company is pleased to advise that additional testing of these
samples has returned the following results:
Jumbo and Large Flake distribution of greater than
67.4%.
Flake
Size
|
Flake
Distribution
|
Flake Description
|
|
|
%
|
|
|
|
|
|
|
|
|
|
|
+30 Mesh / +595
Microns
|
25.3%
|
Super
Jumbo
|
|
+50 Mesh / +297
Microns
|
29.5%
|
Jumbo
|
|
+70 Mesh / +210
Microns
|
12.6%
|
Large
|
|
+100 Mesh / +149
Microns
|
9.9%
|
Medium
|
|
+140 Mesh / +105
Microns
|
5.8%
|
Small
|
|
-140 Mesh / -105
Microns
|
16.9%
|
Small
|
|
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. The team has made it our
focus to find High Grade projects that are supported by good
infrastructure. The project is 47 Kms from the Madagascar's main port by paved road and a
mere 1.6 kms off the country's main paved Highway."
What does 67.4% jumbo/large flake mean? There are only a few
known deposits in the world that have flake distribution greater
than 60%, one of them is 50kms south of our Madagascar property. Depending on the
purity, the larger the flake size, the per tonne value
increases.
All representative samples were prepared and collected by or
under supervision of DNI's Country Manager, Steven Goertz. Mr. Goertz is a Geologist
and is a Qualified Person under NI43-101 regulations. Mr. Goertz
has approved this Press release.
Samples from the four (4) main trenches were blended into one
(1) composite representative sample, prior to being reduced via
riffle-split to a 1kg sample and tested for flake distribution.
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).
About DNI
DNI Metals Inc. is graphite-focused company currently developing
its flagship Vohitsara project in Madagascar. The project has
recently received a full mining permit and development of an
NI43-101 compliant resource is underway. Vohitsara is located
50km by paved road from the principal commercial port of
Madagascar at Toamasina; with the
main mineralization less than two km from this highway.
DNI also has a wholesale graphite trading division and has
recently entered into an LOI to acquire a fully operational
commercial laboratory; fully capable in analyzing all aspects of
graphite ores.
DNI plans to provide its clients with a Secure, Reliable and
Consistent source of Graphite. DNI is supplying a Chinese
alternative.
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
DG7N – Frankfurt
Issued: 29,586,204 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.