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Dynamite Resources Ltd Profile

Dynamite Resources (TSX-V: DNR) is a Canadian-based, junior mineral exploration company with three key global projects led by three active exploration teams. The Company is fully-financed for exploration with approximately $28 million CAD in the bank.

Dynamite’s projects are located in three highly prospective areas: Mike Lake in the Yukon, Canada – Gold/Copper project located in the mineral rich Tintina Gold Belt; Lake Torrens in Southern Australia – IOCG(U) property adjacent to BHP Billiton’s world-class Olympic Mine; and in the Kyrgyz Republic – Uranium/ Gold properties located in the Tien Shan Mineral Belt near Centerra’s Kumtor Gold Mine.

Dynamite Resources? 2007 exploration program included the Discovery Hole on the Upper Skarn Ridge target at the Mike Lake Property in the Yukon. The Discovery Hole (DDH SK-07-01) exhibited 89 metres of 0.61% Copper, 1.38 g/t Gold, 13.6 g/t Silver and 0.044% Tungsten Oxide near surface. In total, 1,827 metres of diamond drilling was completed in nine holes during 2007. The Company plans to drill 8,500 metres at the Mike Lake Project in 2008.

Last changed at 16-Jun-2008 12:44PM by Red Mars