Douglas Lake Minerals Inc DLKM

Tanzanian Mining Act...

[coconuts11]

"Once they get that one concentrator up we can start reducing the loss..

If we get 5 concetrators up..that loss will get wiped out in no time!!!

All we need are some good ASSAY results and this thing is a done deal!!!"

If it was only that easy...lol

First you need a Mineable Resource, then you need a Mining License from the Goverment and with the General Election later this year it is my guess you might get approvels from the Goverment to start mining sometime in 2010...if you have a deposit!

Tanzanian Mining Act

Presented here is a brief summary of the two types of mineral rights granted under the Mining Act, 1998, supplemented as necessary from the Mining Regulations, 1999, and related to the Tulawaka project.

Prospecting Licenses : Pursuant to Division A of Part IV Section 24 of the Mining Act, Prospecting Licenses can be obtained for
a) all minerals other than building materials and gemstones,
b) building materials, and
c) gemstones.

Prospecting Licenses granted under Division A of Part IV Section 29 of the Mining Act consist of a) a preliminary reconnaissance period not exceeding two years, or b) the initial prospecting period not exceeding three years. A preliminary reconnaissance period license can cover an area up to 5,000 km², whereas the maximum size for an initial prospecting period license is 200 km² and the maximum size for a gemstone prospecting license is 10 km². A preliminary reconnaissance period license can be renewed for the initial prospecting period, however if the area covered exceeds the maximum size then a portion will have to be relinquished. An initial period license can be renewed for two successive periods of two years, however, 50% of the area must be relinquished on each renewal. Following the end of the second renewal, a prospecting license can be renewed for a further period in order to complete a feasibility study already commenced.

Special Mining License : Pursuant to Section 40 a Special Mining License shall be granted for a period not exceeding twenty five years, and is renewable in accordance with Section 42 for a period not exceeding twenty five years. The holder of a Special Mining License in accordance with Section 43 has exclusive right to carry on mining operations in the area covered by the License for the minerals specified in the license.

 

[shootthebull]

Hi Mr Coconut, thanks for confirming what Douglas has said earlier time and time again. Confirm a resource, make a mining license application and after approval, begin production. Consider that alluvial is so much quicker as it is more environmentally benign as opposed to other mining methods.  The hiring of Tanzinamex back in August was the start of that process of confirming

[Des1302]

DLKM is on top of  all of that..all we need are good assay results and we are good to go!!!

[Des1302]

BEAUTIFULLY SAID SHOOTTHEBULL!!!Beautifully said...DLKM is on top of all of the concerns that people have.... Like i said, if we get good assay results I believe we are home free.. that is the only thing outstanding..Good Assay results will easily bring in more financing, increase the stock price, and bring us closer to production..Co Co is just COO COO... and seems to have a personal vendetta

[coconuts11]

Yes lets shoot the messenger...Reality hurts doesn't it?Des keep pumping its going down....offered at 23 now...not to late to bail

[Des1302]

well for once co co..today's activity have scared me...But I'm not bailing until I see the assay results...

[coconuts11]

"But I'm not bailing until I see the assay results..."You are waiting for assay results that no one will be able to understand???...lol...lol

[Des1302]

No Co Co, that is what "you" are waiting for..  :-)