Utah Gold Royalty

Pursuant to an agreement signed between DNI Metals Inc. and Clifton Mining Company dated July 14, 2009, a 0.5% royalty shall be paid to DNI from the sale of product at the Kiewit Gold Project, Utah, USA.

Production began in November and Clifton Mining Company has paid DNI as per the terms of the agreement.

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Polymetallic Black Shales, Northern Alberta

Mature mining district – Synergies with adjacent oil sands operations