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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by JJ40on Jan 12, 2011 9:09pm
314 Views
Post# 17963215

Today's Press Release

Today's Press ReleaseA couple of things strike me here.  First of all, we are getting Press Releases more frequently then ever now.  That is very encouraging. 

Second was this:
 Canaco Resources Inc. (TSX.V CAN) announced that regional soil sampling had outlined a total of two North-Westerly parallel trends of gold mineralization on their license area. The two trends, which include the Magambazi mineralization, are said to have a combined strike length of 15 kilometers.

Within the second phase of work, outlined in Douglas Lakes' 43-101 report, portions of the five northwest-southeast shear zones were tested by widely spaced soil sample profiles. The results indicate linear anomalous gold trends in soil that are coincident with the Northwest-Southeast structures as outlined by geophysics. In total, the soil program was successful in outlining gold trends that have a combined strike length of over 40 kilometers on the Douglas Lake ground.

DLKM 40 km total strike length is quite a bit further than Canaco's 15 total kms.  Of course we need to take grade into account as Canaco has had some great numbers as of late.  However, as StockArchangel has said a few times already, that those significant numbers that Canaco has recently pulled are a football field away from DLKM property and the trend line heads directly into DLKM property.  Very positive stuff in my opinion.

JJ

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