NEWZ!! here it is....Douglas Lake Minerals Announces Mbwemkuru's First Gold Mineralization Grade ResultsVANCOUVER, June 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
HarpSangha, CEO/President of Douglas Lake Minerals Inc. (DLKM-OTCBB),announced today that on a recent visit in mid May to the MbwemkuruAlluvial Gold Property, six random soil samples were taken and thelocations recorded by GPS. This was done to immediately to beginbuilding a database of gold grades throughout the property.
Whilethis was a small number of samples, it confirms management's beliefthat the size and grade of this deposit has the potential forproduction, and could potentially be a world-class deposit.
SAMPLE GRADE RESULTS
These samples were prepared and reported by Echo Tec Laboratories Limited - ICP certificate of analysis AK 2008-0657.
- MAH 1: 79.60 g/t (grams per tonne)
- MAH 2: 408.30 g/t
- MAH 3: 32.65 g/t
- MAH 4: 3.90 g/t
- MAH 5: 0.70 g/t
- MAH 6: 43.50 g/t
- Overall Average: 94.77 g/t
ALLUVIAL GRADES
Alluvialgrades are measured in grams per cubic metre with a conservative ratiobeing 1:1 for grams per cubic meter to grams per tonne. Managementconsulted with Met Solve Laboratories of Burnaby, British Columbia,Canada. Dry hard-packed sand would give a 1.7 to 1.0 ratio, whereby79.60 g/t would be equivalent to 135.32 grams per cubic meter.
"TheMbwemkuru Project appears to be profitable alluvial production at 0.5grams per cubic meter, however these sample grades released today aremuch higher than expected. I would caution shareholders that this is asmall sample size and may not be representative of average gradesthroughout the entire property. This being said, Management continuesto gain enthusiasm with regards to the potential size of the depositand the future profitability of a mining operation." Stated HarpSangha, CEO/President
This release contains forward-lookingstatements, which involve risks and uncertainties. Completeforward-looking statement available atwww.douglaslakeminerals.com/forwardlooking.html
CONTACT:Pacific IR Corp., 415-119 W. Pender St., Vancouver, BC, V6B 1S5, Tel:(604) 734-7026, Toll free: 1-866-734-7026, Email:info@pacificircorp.com
SOURCE Douglas Lake Minerals