Douglas Lake Minerals Strikes Visible Gold in High Grade Vein Structures in Morogoro Drill Program.VANCOUVER, Canada -- Harp Sangha sangha: see Buddhism. sangha Buddhist monastic order, traditionally composed of four groups: monks, nuns, laymen, and laywomen. Established by the Buddha, it is the world's oldest body of celibate clerics. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. / President of Douglas Lake Minerals Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DLKM DLKM Dynamically Loadable Kernel Modules ), announced further details on the company's progress of Phase 1 diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral at the DLKM's 150 square kilometre Square kilometre (U.S. spelling: square kilometer), symbol km², is a decimal multiple of the SI unit of surface area, the square metre, one of the SI derived units. 1 km² is equal to:
"The presence of multi-gram gold values within host rocks, in addition to visible gold we found in the high grade vein structures is really encouraging. Investors can view photos of this visible gold on our website on the Morogoro Drill Program page in the Property Section at www.douglaslakeminerals.com/properties.html," said Harp Sangha, CEO / President of Douglas Lake Minerals Inc. "This all confirms the potential for the discovery of a near-surface bulk mineable gold deposit at Morogoro." For a full report, click onto this link: http://www.investornewsalerts.com/DLKM121406ac.html. Chip Sampling Results Very Promising Chip sampling of bedrock trench walls created through the artisanal workings is ongoing and is being completed with the objective of indicating the distribution of gold throughout near-surface section, and the presence of gold in different lithologies. A total of 54 samples have been assayed from this work from 16 different trench chip samples. The chip samples were collected by hand on vertical walls beginning at surface and sampling the entire vertical section of the exposed bedrock. Wherever possible samples were collected from discrete lithological units using maximum sample widths of one metre. The cumulative length of the geology sampled at any one location ranged from 1.1 to 5.1 metres in vertical section. Six of the 54 samples consisted of vein material from narrow structures which varied in width from 2 cm to 40 cm and returned values ranging from trace to 213.2 grams gold per tonne. This latter high-grade value having been returned from workings described for the first time from the newly acquired Morogoro North property. All of the remaining samples were comprised of variations of the bulk host lithology li·thol·o·gy n. 1. The gross physical character of a rock or rock formation. 2. The microscopic study, description, and classification of rock. of garnetiferrous, biotitic bi·o·tite n. A dark-brown or dark-green to black mica, K2(Mg,Fe,Al)6(Si,Al)8O20(OH)4, found in igneous and metamorphic rocks. gneiss gneiss (nīs), coarse-grained, imperfectly foliated, or layered, metamorphic rock. Gneiss is characterized by alternating light and dark bands differing in mineral composition and having coarser grains than those of schist. . Seven out of these 48 samples returned gold values greater than 0.5 grams gold per tonne and ranged from 0.62 to 20.71 grams gold per tonne. These elevated values are associated with shearing, alteration and the presence of quartz. Of the 16 chip samples taken at surface, four have returned average values greater than 1 gram gold per tonne over the entire sampled width with values ranging from 1.30 gAu/t over 1.2 meters to 9.56 gAu/t over 3.0 meters. More than 20 Drill Holes Completed Totaling 2,000 Plus Metres. To date more than 20 drill holes totaling 2,000 plus metres have been completed on four different target areas. A total of 500 metres remain to be completed. The Phase One Program has been designed to establish a geological context for the unusual setting of gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. in high-grade metamorphic rocks described from the Morogoro property. Six target areas have been designated for investigation with the 24 square kilometre area outlined by artisanal mining activity to date; the Central (CZ), East (EZ), West (WZ) and North (NZ) target areas. Drill core is being sampled at the Morogoro camp and shipped to SGS SGS Société Générale de Surveillance SGS Symantec Gateway Security (appliance) SGS School of Graduate Studies SGS Subgrid Scale SGS Singapore Government Securities SGS Shell Global Solutions Laboratories in Mwanza for preparation and analysis. The planning and execution of the exploration and quality control programs at the Morogoro project are under the direction of our joint-venture partner's Chairman and CEO, Andrew Lee Smith, P.Geo. Mr. Smith is a qualified mining person as defined by National Instrument 43-101. About Douglas Lake Minerals, A Royalty-Based Company Our vision at Douglas Lake Minerals is to focus on exploring and developing gold, copper, nickel, uranium and diamond mining opportunities in Tanzania, a country with vast amounts of undeveloped mineral-rich natural resources. We are exploring and developing our large portfolio of prospecting concessions through royalty-based joint venture partnerships. Our strategy is to provide investors with considerable upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar while minimizing future shareholder dilution through our royalty partnerships (www.douglaslakeminerals.com). NOTE: No Exchange has either approved or disapproved the information contained herein. This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and risk factors beyond its control; and actual results may differ materially from expected results. The Company will not update forward-looking statements as conditions change. Factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's quarterly and other periodic filings with the SEC. |
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