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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by AU_NBon May 06, 2009 10:55am
449 Views
Post# 15970811

Preliminary 43-101 Technical Report before ressour

Preliminary 43-101 Technical Report before ressour

OT

Tanzanian Royalty Exploration (TRE) yesterday announced completion of a "Preliminary" 43-101 technical Report before resource calculation has been finished.

But what would appear significant to DLKM is TRE's announced plan to use a "mine as you go" operating procedure for exploration and development of its full holdings.

" The evaluation of surface gravels at Kigosi is being undertaken with a view to assessing the potential for low cost open pit production and cash flow which would then be employed to develop the property on a larger scale.

"This was a time-tested practice during the evolution of some of the world's largest gold producers," noted Sinclair, who predicted that "conventional wisdom" was certain to make a comeback after the recent meltdown in global financial markets."

https://www.tanzanianroyaltyexploration.com/s/NewsReleases.asp?ReportID=346817&_Type=News-Releases&_Title=Tanzanian-Royalty-Files-Preliminary-43-101-Compliant-Technical-Report-For-K...

Looks like DLKM may be ahead of TRE in this respect.

fwiw
jmho
icbw
dyodd

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