DNI Metals Inc. (DMNKF)

[Luke_McCain]

Tirupati Graphite adjacent property to DNI's Vohitsara Project

From Section 23 of the National Instrument 43-101 Report:

Exploration works have been undertaken at the Vatomaina historical mining area by Indian company Tirupati Carbons (‘Tirupati’). Through their local subsidiary, Tirupati Ventures Madagascar Sarl (‘TVM’), they have conducted limited surface chip and panel sampling of existing cutbacks along the known mineralised trend. The project comprises a single mining permit (‘PE’ – converted from PRE) – 38321 – located contiguous to the south of the Vohitsara project area.

During 2015, Tirupati announced on their website an in-situ (NB: non-NI43-101 compliant) resource of “6.195 million tonnes of 5% average grade up to depth of 30m in 0.113km² area.” (Note that the author has been unable to verify the information relating to this disclosure by Tirupati and that the information is not necessarily indicative of the mineralisation that is within the Vohitsara Permit).

It should be noted also that this resource figure was arrived at without any drilling having been completed on the project and that it is also unclear how the assay results and density values were obtained, or if adequate QA-QC procedures were employed. However, the author has personally visited the Vatomaina project in 2013 and has directly observed the principal historical mining area. The mineralisation therein is of virtually identical quality to that observed at the historical workings within the Vohitsara Permit.

http://tirupatigraphite.com/TirupatiMadagascar.html