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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by Yukon_Corneliuson Jul 15, 2011 10:20am
230 Views
Post# 18834984

April News- reminder

April News- reminder
April 20, 2011 - 8:00 AM EDT
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10,000 Meter Drilling Contract Signed by Douglas Lake for Handeni

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/20/11 -- Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB:DLKM) is pleased to announce that is has signed a 10,000 meter drill contract with Layne Drilling Ltd. of Mwanza, Tanzania to carry out a diamond core drill program at its Handeni Project in Tanzania. Layne has extensive experience drilling at various sites throughout Tanzania enabling it to develop an excellent understanding of the region's ground and climatic conditions.

Drilling will focus on at least three of the twelve mineralization targets within the 800 square kilometer license area. Currently, drilling is planned for the high priority Magambazi zones, the Kwandege gold target, and the large Masala NW-SE structure. Two drill rigs are expected to begin drilling in June following a number of geophysical and geochemical surveys and site preparation. It is expected that drill holes will vary in depth from 100 to 300 meters. Douglas Lakes' 100%-owned Handeni property is strategically located adjacent to Canaco Resources Inc.'s Magambazi gold find in Tanzania.

"We are very pleased to complete this contract with Layne," comments Harp Sangha, CEO of Douglas Lake. "We anticipate this to be one of Douglas Lakes' most exciting years as we will be executing our own drill program on targets we have identified as highly prospective. We have expanded our geologic team and are currently fast tracking several of these targets to drill readiness."

Qualified Person and Quality Control

Craig Alford, P.Geo., Douglas Lake's Vice President of Exploration serves as a Qualified Person under the definition of National Instrument 43-101. Quality assurance and quality control procedures will include the systematic insertion of blanks, standards, and duplicates into the sample stream.

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