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NEWS RELEASE
DNI METALS INC. - April 16, 2012
DNI TEAMS UP WITH CANMET FOR EXPANDED LEACHING AND REE SEPARATION TESTWORK
DNI METALS INC. (DNI:TSX-Ven)( DG7:FSE)
is pleased to announce that it has teamed up with CANMET Mining and Minerals Science Laboratories, Ottawa, to collaborate on conducting testwork toward the commercialization of a heap leaching process for DNI’s polymetallic black shales at its northern Alberta Property.
Testwork to start shortly, which is being partly funded by DNI, will expand on prior leaching and bioleaching work completed by DNI to optimize leaching parameters toward enhanced metals recoveries from larger samples than previously tested.
The collaborative work will also specifically focus on identifying, testing and formulating refining procedures for separation of the various Rare Earth Elements (REE) from the leaching solution into saleable end-products. Process technologies from Chinese ionic clay adsorbed REE ores will be used as a model for this work.
Samples to be tested include mineralized polymetallic shale from DNI’s Buckton inferred resource, in addition to overburden cover rocks overlying it which are also black shales which are mineralized with REEs and Specialty Metals (eg: Lithium, Scandium, Thorium).
In a statement Mr.S.Sabag, DNI’s president & CEO, commented: “…we are pleased to collaborate with a high caliber organization such as CANMET which brings considerable expertise to the project and a solid track record of innovative development and application of a variety of leaching, bioleaching and ore processing methods. This is another significant step in continuing the systematic advance of our polymetallic Alberta black shale Property.”
CANMET Mining and Mineral Sciences Laboratories (CANMET-MMSL), a division of Natural Resources Canada, is a significant source of scientific research and advice on mining and mineral technology for the mining and minerals industries, and to Canadian government departments which promote or regulate these industries. With a mandate to research and develop processes and technologies involved in extraction of ores and their transformation into concentrates, mineral products or metals, CANMET-MMSL has a long-standing international reputation for technical excellence in mining and mineral processing and is a recognized leader in innovative technological development.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
DNI - TSX Venture
DG7 - Frankfurt
Issued: 68,096,689
For further information, contact:
DNI Metals Inc. - Shahe Sabag, President & CEO (416-595-1195) or Denis Clement, Chairman (416-364-1909) email ir@dnimetals.com. Also visit
www.dnimetals.com.
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