Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by baconmakeron Oct 04, 2011 8:50am
321 Views
Post# 19115658

DLKM Completes Airborne Survey on Its 800 km2 Hand

DLKM Completes Airborne Survey on Its 800 km2 HandDouglas Lake Completes Airborne Survey on Its 800 km2 Handeni Property
.

Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB:DLKM) is pleased to announce the completion of a Helicopter-borne Electromagnetic and Radiometric Survey on all 800 square kilometres of its 100% owned Handeni Properties by FUGRO Airborne Surveys.
.

"Our latest airborne survey clearly outlined the fundamentals of our long term exploration plan as well as added greater definition to our already existing targets. The survey turned out to be an invaluable tool in our exploration effort to effectively create targets over a vast property. It is evident that we will be exploring quality targets on our licenses for an extended period of time," stated Dr. Reyno Scheepers, President and Managing Director of DLM Tanzania Ltd.
.

The survey was conducted over the entire Douglas Lake Minerals licence areas at 200 meter spaced flight lines in a north-south direction using FUGRO's HELITEM helicopter based time-domain electromagnetic system.
.

Electromagnetic as well as radiometric data for K (Potassium), U (Uranium), Th (Thorium) as well as total count was collected simultaneously for the 4740 line kilometers flown. These radio elements helped to define sub-surface geological features and pointed to areas of alteration. The magnetic data concurrently collected assists in viewing subsurface features that contain greater magnetic susceptibility such as the metal sulphides that potentially host the gold found in the Handeni area. The survey further detected areas of high conductivity close to surface, a useful tool in defining alteration that may be associated with the Handeni gold deposits.
.

The Magambazi and Kwandege targets have been more clearly defined by this survey.
In addition to the 200 meter spaced line area covered, two newly generated targets created during this program were re-flown at 100 meter spacing while still remaining within the original budget.
.

The Company received preliminary-levelled data on a daily basis and interpretation of this data in combination with data collected during ground exploration and the on-going drilling program is being conducted. All final products are to be provided to Douglas Lake at the latest within 28 working days of collecting the final field data.
.

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.
Safe Harbour Statements
.

SOURCE: Douglas Lake Minerals Inc.
Douglas Lake Minerals Inc.Sam SanghaInvestor Relations(604) 642-6165www.douglaslakeminerals.com

<< Previous
Bullboard Posts
Next >>