Douglas Lake Minerals Inc DLKM

Area of Inferred Resource

[AU_NB]

From the press release, it appears that the area of the inferred resources reported is something LESS THAN two square kilometers:

"

The Property comprises four prospecting licenses (each a "PL") covering a total area of approximately 430 square kilometers which include the outlined resource (an area of less than approximately two square kilometres) with in an potential paleoplacer/beach placer envelope that is estimated to be 29 kilometres long (covering the whole length of the property) and up to 5 kilometres wide."

The specific area of the reported Inferred Resources appears to be the Mantandani workings which is only a small portion of the entire property.

"

The Report details the preliminary surveying work on the Property and outlines an Inferred Resource (volume) of gold bearing recent alluvium and terrace alluvium as defined by the Stage 1 pitting and sampling in the Matandani prospect (of the Mwemkuru River headwater area) that is in the range of 2.19 million loose cubic metres with an average grade 0.3 grams of gold per loose cubic metre (g/Lcm)."

To put the size of the area of the inferred resources in the JORC report in perspective, here is Toby's map attached to his site visit report.

https://g.imagehost.org/0291/DLKMjorcInferredResource_Peport061609.gif

jmho
ICBW
dyodd

[sumeroil]

so, roughly, multiply by 215?

[AU_NB]

A lot of exploration work has to go on before one can make any such calculation for the entire property.  As DLKM's press release stated:"It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies