Douglas Lake Minerals, Inc. (DLKM) Issues Update on Tanzania Gold Project
Douglas Lake Minerals, Inc., an emerging mineral exploration company focusing on mining opportunities in Tanzania, yesterday updated shareholders on its exploration efforts at its wholly owned Handeni gold project. The company is currently exploring four contiguous prospecting licenses totaling 800 square kilometers. Douglas Lake conducted and completed ground geophysical exploration work focused on two areas that the company plans on diamond drilling this year. Douglas Lake said it recently completed a ground IP (Induced Polarization/Resistivity) geophysical survey to extract modeling and interpretation of the geophysical data. At present, the strong geophysical anomalies at both areas continue off the originally planned…