Douglas Lake Minerals Inc. (DLKM.OB) Continues to Add Mining Concessions and New Finds to its Mining Exploration and Development Program
QualityStocks (June 11th, 2008) Writes:
When a company is working in the mining business it needs to think on a fairly large scale. Its operations can often extend to dozens of square kilometers. When, however, a good find in a historically active mining region is found, holdings and profits can start to exceed a “regular person’s” common perception of reasonable land ownership and potential profit.
Douglas lake Minerals Inc., an exploration and development mining company, works to locate and develop gold, silver, copper and diamond concessions. The company is currently working to develop concessions in Tanzania.
In recent quarters, the company has been aggressively adding mining concessions with positive testing results. Its Morogoro Tanzania concession has shown indications of significant gold and diamond deposits in excess of initial results (many at shallow depths.) To this end, the company has entered into a strategic partnership with Canaco Resources Inc. to locate and construct infrastructure within the property. Upon
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