Answers From Pacific IRsorry for the wrong subject line on prior post
Thank you for your interest in DouglasLake Minerals, we are very excited about the current developments in Tanzania andare anticipating nothing but good things in the future. As for yourquestions…
1) What exactly did the Tianjian Institute's September 10 to the 20th, 2008site inspection entail? The TIGMRgeologists inspected the Mkuvia property and worked with DLKM’s localgeologists in implementing a massive pitting program to determine where the bedrock is. They are going to pit down to 50 meters and if it is still notfound they will bring in a drill to go down to 100 meters.
2) Did the Tianjian Institute team take samples from the Mbwemkuru / Mkuviaproperties? Which properties? How many samples? This is one property covering 408 sq. km. They took 70samples.
3) Does Douglas LakeMinerals expect to receive the survey/test results from Tianjian Institute'sSeptember 10 to the 20th, 2008 site inspection? DLKM is expecting the results from TIGMR at anytime, they donot have a date.
4) Does Douglas LakeMinerals or Tianjian Institute plan to make the survey results available toDLKM share holders? Any results thatcome back, either the 70 from TIGMR or the 212 taken by the local geologists,will be made available to the shareholders.
5) When are the September 10 to the 20th, 2008 results expected to be availableto share holders? Upon arrival.
6) When can shareholders expect the next Douglas Lake Minerals progress report?Look for one in the next 2 or 3 weeks.
7) What is Douglas Lake Minerals current business plan? They have a 80 page business plan that is used for in-housepurposes. The crux of it however, is that they are currently working onfinancing the Mkuvia property to get it into production within 9 months withthe tentative goal of producing 1M oz/au per year. They are alsoconducting aggressive exploration of 3 other high-grade gold properties.
8) Does Douglas LakeMinerals intend to issue more shares to fund operations? Yes (if you are interested in participating in a PP, give me ashout- 1-866-734-7026)
9) Where does Douglas Lake Minerals expect to receive operating capital forcontinued operations? From individualinvestors, institutions and investment banks.
10) How does Douglas Lake Minerals plan to achieve profitability? By concentrating on the Mkuvia property and getting it intoproduction as soon as possible.