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  4. DNI Metals Inc. (DMNKF) Message Board

PR: Purchase and Shipment for Brazilian Graphite (

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Post# of 119
(Total Views: 213)
Posted On: 03/01/2017 10:34:25 AM
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Posted By: Luke_McCain
PR: Purchase and Shipment for Brazilian Graphite (Wholesale)

Entire PR at: http://www.newsfilecorp.com/release/25373/DNI...-Advantage

Quote:
On February 23, 2017,
•DNI travelled with one of its graphite wholesale clients to Brazil
• DNI is purchasing graphite from a producer in Brazil.
•Purpose was to finalize the graphite shipment schedule for 2017 and inspect the mine and processing plant.
•The mine is the largest graphite mine in the world, producing between 40-48,000 tonnes of fine and med flake graphite per year.



Quote:
Certain, advisors and directors of DNI have built and worked at historical mines in Canada (Ontario and Quebec) and Australia. Between them, they have built three graphite processing plants and designed two others , all which were shut down in the 1990's due to increased Chinese competition.



Quote:
DNI owns a permitted, saprolite-hosted graphite deposit in Madagascar; located 50kms from the country's main seaport. The deposit is 1.6kms off an arterial paved highway. As per the press release dated December 16, 2016, DNI has signed an agreement with Cougar Metals with the intention of developing the project should the economic viability and technical feasibility be established.

Cougar's drill is due to arrive in Madagascar this month and will commence a drilling program at Vohitsara once it clears customs formalities .



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