Welcome To The MDN Inc. HUB On AGORACOM
Edit this title from the Fast Facts Section
Message: NR MDN starts drill program Ikungo Tanzania
MDN STARTS DRILLING PROGRAM ON IKUNGU GOLD PROJECT Montreal, July 28, 2010 – MDN Inc. (“MDN”)
project Ikungu with two drills operating on site. The objective of this program is to prove the vertical continuity of multiple mineralized intercepts containing gold grades of more than 5 g/t, of which many are higher than 10 g/t (see press release of May 4, 2010). With 5,000 m of drilling planned and a total of 13 holes, the vertical continuity of the high grade shoots located near surface could be estimated down to a depth of 300m. During the first quarter, MDN received assay results showing zones with true widths of 2 to 4 metres, ranging in grade from 5 g/t Au to 11.5 g/t Au, including sections of up to 54.3 g/t Au over 0.4 m. The mineralization minimum thickness of 2 metres (true width) and sample grades above 1.2 g/t Au. The gold for holes IKD-08, IKD-28, IKD-36, IKD concentration of such zones has been identified in the central and eastern sectors now will test the occurrence of zones with an average sample grade of more than 10g/t Au. Compilation of the intersections show Hole # Section IKD-08 2010 E IKD-04 2435 E IKD-32 2560 E IKD-18 2770 E IKD-34 2910 E announces the beginning of a ith that this gold-bearing horizon hosts higher he structure appears to be continuous over more t IKD-37, SIK1 and SIK8 are good examples of these higher sectors. The drilling program initiated showing the presence of high-grade zones: From (m) To (m) Length (m) True width (m) 34.50 37.50 2.60 1.99 226.04 230.88 4.84 2.42 83.00 86.75 3.75 2.41 242.00 245.00 3.00 2.30 97.20 99.80 2.60 1.99 PRESS RELEASE TSX symbol: MDN drilling program on its gold higher-grade than 2.5 km, with a gold-bearing intersections higher-grade zones. A . Au
(g/t) 10.95 6.74 8.02 5.79 6.63 IKD-28 3400 E 142.17 144.77 3.00 2.30 10.95 IKD-36 3610 E 51.60 56.94 5.34 4.09 13.22 IKD-37 3730 E 276.50 281.70 5.20 3.98 5.39 SIK1 3760 E 140.84 144.68 3.84 1.91 24.54 SIK8 3760 E 206.90 212.81 5.91 2.94 11.50 The samples were analysed by fire assay at the SGS Laboratory of Mwanza, Tanzania, which is a certified facility according to international standards. A rigorous quality analysis verification program implemented by MDN included 20% control samples. The technical and scientific information contained in this press release has been reviewed by Marc Boisvert, P.Eng. MDN’s Vice President, Exploration, who acts as a qualified person in accordance with National Instrument 43-101.
Loading...
Loading...
New Message
Please
login
to post a reply