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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by baconmakeron Aug 24, 2011 4:43pm
223 Views
Post# 18976338

DLKM Commences Drill Program on Its Magambazi

DLKM Commences Drill Program on Its MagambaziDouglas Lake Commences Drill Program on Its Magambazi (Handeni East) Gold Targets
Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB:DLKM) is pleased to announce that diamond drilling has commenced on its 100% owned Handeni East gold targets at Magambazi. A total of 5,000 meters of drilling is planned for the first phase of exploratory drilling within an area of approximately 6 square kilometres.
Closely spaced ground geophysics as well as soil sampling and trenching were used to define a number of drill targets. Initial drilling will be focused on an 800 meter approximately ESE-WNW trending resistivity and chargeability anomaly followed by various other drill targets positioned to the east, northeast, and southeast of Magambazi Hill.
"I have personally requested that the laboratory fast-track the assay results from the Magambazi drill core as we await these with great anticipation," commented Dr. Reyno Scheepers, President of Exploration and Managing Director of DLM (Tanzania) Ltd.
Douglas Lake utilizes strict international industry standard QA/QC protocol with respect to sampling and independent laboratory procedures. The planning, execution, and monitoring of the Company's quality control and quality assessment programs are under the supervision of Dr. R. Scheepers, a director of the Company, President of Exploration and Managing Director of Douglas Lake Tanzania and a Qualified Person as defined by Canadian National Instrument 43-101.
External monitoring of the QA/QC measurements from the outset of the drilling program is provided by SRK, an International Independent consulting practice with 40 permanent offices on six continents.
About Douglas Lake
The Company is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania. For more information, go to www.douglaslakeminerals.com.
Douglas Lake Minerals Inc.Sam SanghaInvestor Relations(604) 642-6165
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