DNI Metals Inc. (DMNKF)

[Luke_McCain]

Bureau du Cadastre Minier de Madagascar (BCMM)

http://bcmm.mg/en/presentation/

The Bureau du Cadastre Minier de Madagascar, or BCMM as it is more commonly known, is a public institution created by Decree 2000-308 of 10 May 2000. It is placed under technical supervision of the Presidency’s Ministry in charge of Mines and Petroleum and under financial supervision of the Ministry of Finances and Budget.

The BCMM is present throughout Madagascar through its 12 decentralized offices : Antananarivo, Antsiranana, Sambava, Mahajanga, Maevatanana, Ambatondrazaka, Toamasina, Antsirabe, Fianarantsoa, Manakara, Toliara et Taolagnaro.

Today's trip will take DW & company back to the BCMM, that was highlighted in this recent PR:

http://www.newsfilecorp.com/release/26845/DNI-Metals-Madagascar-Jumbo-Flake-Graphite-Development-Update

The group also met with BCMM, Madagascar's mining commission, to update them on the progress.

If you are new here:

DNI's Vohitsara graphite project has a full commercial mining permit from the BCMM, or Exploitation Licence. The overwhelming majority of graphite juniors do not.

http://bcmm.mg/en/pe/

Rights granted to holder: Exploitation and concommitant exploration
Eligible person: Individual or company incorporated in Madagascar
Maximum squares per holder: 2,560
Validity: 40 years; renewable once or several times for a period of 20 years upon each renewal
Sale of material extracted: YES

http://www.newsfilecorp.com/release/25702/DNI-Metals-Madagascar-Mining-Permit-Graphite-Saprolite-Advantage

DNI Metals Inc. "DNI" has a commercial Mining Permit ("Permis de Exploitation" or "PE") over its Vohitsara graphite project in Madagascar. Originally an artisanal mining permit ('PRE') at the time of the transaction, the Mining permit was granted by the Madagascar Minister for Mines through the national mining cadastre office ("Bureau du Cadastre Minier de Madagascar" or "BCMM").

(Besides graphite, the permit authorizes the exploration and mining of gold and other minerals.)

Have a great weekend!