Douglas Lake Minerals Inc DLKM

43-101

[RicherNow]

This is a good, thorough report.  It will serve as the primary document for DLKM to peddle the property IMO, but what do I know?  I still believe that the 0.3 g/LCM is understated.  It does add one thing I have been waiting to hear,Laurie believes the gray clay layer is a "false" bedrock and that ALL of the gold-bearing alluvium resides above this layer.  On the upside, it is clear that the resource estimate covers a limited area of the property with a lot of "lookin'" to be done.  The big question is.... What's next? 

Oh, by the way there is a way to recover the very fine gold and there may be significant amounts of it, my bet is that there is lots of fine gold.  They don't seem to want to find out!  I have made several suggestions but DLKM seems uninterested, for cheap exploration and gold grain-size analysis.  Oh well, who am I anyway?

Website still is in the "be patient" mode but you can go in the back door with this link;
https://www.douglaslakeminerals.com/mbwemkurumaps.html

GLTA
DYODD

[handbell]

~~~Oh, by the way there is a way to recover the very fine gold and there may be significant amounts of it, my bet is that there is lots of fine gold.  They don't seem to want to find out!  I have made several suggestions but DLKM seems uninterested, for cheap exploration and gold grain-size analysis.  Oh well, who am I anyway?~~~They may not want to discover that additional gold

[AU_NB]

The report does seem to be conservative in the "Inferred Resource" estimate regarding quantity of recoverable gold: 1. Observable gold below a cutoff of .1 grams per lcm was systematically excluded from quantity calculation; and 2. Any "fine" gold (not physically observable) that may have existed was not even tested. It would seem logical that in an open pit mining operation

[USMC]

AU_NB, you could not have given a more clear, concise analyses of this mine.    Also, management was compelled to keep the report conservative.    They have already had enough flack from their regulators and dare not appear to exagerate the richness of Mkuvia (an alluvial yet) lest they incure even stronger rebuke.    Their interest at this point is

[Yukon_Cornelius]

USMC- agreed. And thank you AU for your analysis.So here we sit "Lakers"- one big hurdle cleared- waiting for the next move forward. Hangin in there.