62.5% Jumbo/Large Flake, 91.3% - 97.9% Graphitic Carbon in the Jumbo/Large Flake at DNI Metal's Madagascar Graphite Property
DNI Metals Inc. (DNI : TSX-V)(DG7 : Frankfurt)
TORONTO, April 8, 2015 /CNW/ - Further to DNI Metals Inc. ("DNI") Press release dated April 1, 2015 http://www.newswire.ca/en/story/1511305/head-grade-at-dni-metal-s-madagascar-graphite-property-averages-greater-than-10 in which grab samples recently collected from a Due Diligence trip to its newly acquired property in Madagascar returned head grades of 9.85%, 10.0% and 35.5% Graphitic Carbon. Further testing of these samples has returned the following outstanding results:
Jumbo and Large Flake distribution of greater than 62.5%.
Jumbo and Large Flake Graphitic Carbon content ranging 91.3 to 97.9%
| Flake Size | Flake Distribution | Flake Description | Graphitic Carbon |
| % | Content % | ||
| +20 Mesh /+ 841 Microns | 13.7% | Super Jumbo | 97.9% |
| +30 Mesh / +595 Microns | 1.9% | Jumbo | - |
| +50 Mesh / +297 Microns | 40.0% | Jumbo | 96.7% |
| +70 Mesh / +210 Microns | 6.9% | Large | 91.3% |
| +100 Mesh / +149 Microns | 12.9% | Medium | 88.8% |
| +140 Mesh / +105 Microns | 4.2% | Small | 87.3% |
| -140 Mesh / -105 Microns | 20.4% | Small | 89.0% |
| Total | 100.0% |
Dan Weir, CEO of DNI commented, "Not only have the samples shown a world-class head grade, but also world-class flake distribution and Graphite Carbon Content. The team has made it our focus to find High Grade projects that have infrastructure. The project is 40 Kms from the Madagascar's main port, 1 km off the country's main paved Highway"
All representative samples were collected under supervision of DNI's Country Manager, Steven Goertz. Mr. Goertz is a Geologist and is a Qualified Person under JORC and 43-101 regulations.
The samples were processed at Process Research Ortech Inc. and Agat Laboratories, both located in Ontario, Canada. Further processing is ongoing to determine particle size distribution and upgrade purity numbers and these results are expected shortly.
Graphitic carbon assays were performed using a modified infrared assay method. This method is preferable to other industry-accepted assay methods including varying forms of Loss on Ignition (LOI) testing.
These results were obtained via conventional flotation only without chemical treatment, i.e. without the use of strong bases (NaOH – caustic roast technique) or acids (H2SO4/HF – acid leach technique).
A detailed programme of test pit and auger sampling and mapping is currently in the advanced stages of planning, with an estimated start date sometime in late April 2015.
Further information about DNI, can be found on its website. www.dnimetals.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX.V) accepts responsibility for the adequacy or accuracy of this release.
DNI - TSX Venture
DG7 – Frankfurt
Issued: 18,985,702 common shares
We seek Safe Harbour. This announcement includes forward looking statements. While these statements represent DNI's best current judgment, they are subject to risks and uncertainties that could cause actual results to vary, including risk factors listed in DNI's Annual Information Form and its MD&As, all of which are available from SEDAR and on its website.
SOURCE DNI Metals Inc.
Contact
DNI Metals Inc. - Dan Weir, President & CEO, T: 416-595-1195, Email: danweir@dnimetals.com / ir@dnimetals.com.