Scotford-News ComingFrom the March 7, 2011 release. we should see results soon.. Methinks they will want to acquire more land and that the results are above expectations. So I expect an update sooner than later. I have highlighted the important geological details.
https://www.dnimetals.com/news/20110307.htm
-A total of
eight vertical HQ diameter holes were cored with an aggregateof approximately 650m, testing portions of the
Asphalt and Bucktonpolymetallic Zones which are exposed or are very near surface.
-Based on a preliminary inspection of core at the “well-head”
all, butone, of the holes successfully cored intercepts across the Second WhiteSpeckled Shale Formation which is the primary host to polymetallicmineralization at the Property. This is consistent with downhole logsfrom 591 oil/gas wells across the Property compiled by DNI indicatingthat the Formation extends under DNI’s entire 2,700 square kilometerProperty.
Detailed logging of the drill core will commence shortly toconfirm details of the foregoing Formational intercepts.
-Five of the holes drilled were localized over approximately 3 squarekilometres of the Buckton Zone to enable completion of a resource studyto
upgrade a portion of the Potential Mineral Deposit blocked over theZone into a NI-43-101 compliant classified resource. As outlined in thetechnical report for the Property (announced Nov10/2008), the
BucktonPotential Mineral Deposit comprises 1.2-1.3 billion short tons extendingover 26 square kilometers and is open in three directions. Elevenadditional planned holes were necessarily deferred, including holesintended to verify projected extensions of the Buckton Potential MineralDeposit over at least 6km to its north and south, as suggested byoil/gas downhole well logs in the area which report sections of theSpeckled Shale Formation over a large area extending well beyond thecurrent boundaries of the Deposit.
The drilling program achieved its two principal objectives, namely: (i)to complete the necessary drilling over at least one of the twoPotential Mineral Deposits at the Property to upgrade an initial portionthereof to NI-43-101 compliant resources, and (ii) to collectsufficient drill core sample material for expanded leaching test workwhich have so far relied on samples collected by surface trenching.
-Field crews and equipment have demobilized.
Detailed core logging,splitting and sampling will commence shortly in advance of an extensiveanalytical program to include leaching tests to expand on last year’spositive test work results work but relying on composite samples of thecores drilled.