Jan. 13, 2011 (Canada NewsWire Group) --
DNI METALS INC. (DNI : TSX-Ven, DG7 : Frankfurt)
TORONTO, Jan. 13 /CNW/ - DNI Metals Inc. (DNI:TSX-Ven, DG7:FSE) is pleased to announce that its winter drilling program has commenced on its Alberta polymetallic black shale projects. The drilling is intended to advance the two Potential Mineral Deposits previously identified (announced November 10, 2008) through resource studies toward scoping and economic studies.
Roads clearing was completed during early January. Field crews are currently preparing drill pads and access thereto to commence coring over the Buckton Potential Mineral Deposit by late January. Coring over the Asphalt Potential Mineral Deposit is scheduled for late February and early March.
Plans are to complete approximately 24-30 vertical holes for a total of 2,500m-3,000m, to test an approximate 22 square kilometre area over the two Deposits. DNI's mineralized shale zones are at, or near, the surface over the area to be tested, and extend well beyond its boundaries.
DNI continues to focus its efforts on its polymetallic black shale Properties in Alberta, and on its carried interest in the diamond discovery on its Attawapiskat Property, Ontario.
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