DNI:CSE; DMNKF:OTC

DNI Metals Inc.

DNI owns two saprolite-hosted graphite deposits in Madagascar that are located 50 km from the country's main seaport and less than 2 km from the paved national highway. The company is building a pilot plant for small-scale production and expects to be in production by the end of 2018.
DNI:CSE DMNKF:OTC

Expert Comments:

Maurice Jackson
In conversation with Maurice Jackson of Proven & Probable, the executive chairman for this Canada-based company provides updates on operations and acquisition of permits for its flagship project.
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Ron Struthers, Struthers Resource Stock Report

(4/5/19)
"DNI Metals Inc. released results from its NI 43-101 report on the Vohitsara graphite deposit in Madagascar; the main zone came in with an Inferred resource of 4 Mt at 5% graphitic carbon with a 3% cutoff. The company was looking to at least get 4%, so this is a very good number, especially in easy to mine saprolite."

The resource covers a small portion of the deposit and remains open, and the grades exceeded company expectations.
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More Expert Comments

Experts Following This Company

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Maurice Jackson
headshot of Ron Struthers
Ron Struthers, Editor Struthers Resource Stock Report

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Investing Highlights
 
Graphite - 30% of a lithium Ion Battery
 
Madagascar - 50 kms to a port, on a paved highway
 
Production 2018
catalyst Calendar
Q2
2018
Environmental permits