Monday 26th June 2017

Resource Clips

Posts tagged ‘MDN Inc (MDN)’

MDN reports Tanzania Gold Assays up to 1.73 g/t over 12.4m, 9.88 g/t over 4.2m

August 23rd, 2012

Resource Clips - essential news on junior gold mining and junior silver miningMDN Inc TSX:MDN announced assays from its Nikonga Project in Tanzania. Results include

1.73 grams per tonne gold over 12.4 metres
(including 17.35 g/t over 1.1 metres)
9.88 g/t over 4.2 metres
(including 36.05 g/t over 0.5 metres)
1.39 g/t over 2.6 metres
2.6 g/t over 3 metres
3.2 g/t over 5 metres
5.6 g/t over 1 metre

VP Exploration Marc Boisvert commented, “We are very satisfied with the drilling results obtained as of today on this property, which until our involvement in 2011 had not been the object of any drilling programs. Additional exploration works could indicate that the Kezeria Main and Kezeria North zones may be part of the same corridor of deformation measuring 900 to 1000 metres in width, which makes it an important structure able to contain several gold-bearing shear zones adjacent of one another. We believe that this property offers good potential justifying the pursuit of further exploration works.”

View Company Profile

Serge Bureau
514.866.6500 x 221

Robert LaValliere
VP Corporate Development
514.866.6500 x 222

by Kevin Michael Grace

MDN reports Tanzania Gold Results as high as 8.6 g/t over 19.3m

October 17th, 2011

Resource Clips - essential news on junior gold mining and junior silver miningMDN Inc TSX:MDN announced assays from its Ikungu Project in Tanzania. Results include

8.6 g/t gold over 19.3 metres
24.54 g/t over 3.8 metres
13.22 g/t over 5.3 metres
11.5 g/t over 5.9 metres
3.11 g/t over 12.4 metres
9.63 g/t over 4 metres
3.39 g/t over 9.2 metres

MDN holds the project in co-ownership with Lakota, with MDN able to earn up to a 70% interest.

MDN President/CEO Serge Bureau commented, “Systematic drilling on a tighter drill grid could lead to a resource estimate if we focus our next program on these four lenses. We are now in the process of designing the drilling program and are carrying out surveying and topographical work and preparing the work camp on the property to be in a position to continue exploration as of early 2012.”

View Company Profile

Serge Bureau
514.866.6500 x 221

or Marc Boisvert
VP of Exploration
514.866.6500 x 227

by Greg Klein

MDN reports Quebec Gold Assays up to 1.18 g/t over 54.5m

January 20th, 2011

MDN Inc MDN:CA in joint venture with SOQUEM Inc announced assays from the MCGold property near Chibougamau, Quebec. Results include 0.9 g/t gold over 51.5 metres (including 2.8 g/t over 10 metres), 1.18 g/t over 54.5 metres, 2.18 g/t over 21 metres, 7.81 g/t over 11.9 metres, 15.65 g/t over 1.6 metres, 38.06 g/t over 1.5 metres and 1.89 g/t over 37.5 metres (including 3.92 g/t over 12.5 metres). MDN has an option to acquire 50% of the property from SOQUEM.

VP Exploration Marc Boisvert stated, “We are pleased to have achieved our first objective for the MCGold deposit. The grade is in fact higher than in adjacent historical holes. Pockets of high-grade ore have been located and their distribution and grade might improve the economics of the deposit. Six additional holes located on two drilling sections are now being assayed, and the results will be integrated in a block model in the coming months.”

View Company Profile

Serge Bureau
514.866.6500 x 227

or Marc Boisvert
VP Exploration

by Ted Niles