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    DNI Metals Completes Purchase of a 2nd Graphite Property in Madagascar

    Written by Melissa Shaw
    |
    Oct. 25, 2017 08:53AM PST

    DNI Metals (CSE: DNI) (OTC Pink: DMNKF) The new property, Madagascar claim number PE8904 (the ‘Marofody’ project), is a permit that allows for production, is good for 40 years, and can be extended. With the addition of the new claims, DNI will have a contiguous mining tenement package comprising over 100 square kms. Madagascar is known for …

    DNI Metals (CSE: DNI) (OTC Pink: DMNKF) The new property, Madagascar claim number PE8904 (the ‘Marofody’ project), is a permit that allows for production, is good for 40 years, and can be extended.
    With the addition of the new claims, DNI will have a contiguous mining tenement package comprising over 100 square kms.

    Madagascar is known for large flake and high quality graphite; the vast majority of which is sourced from the central-eastern coastal area between Toamasina and Brickaville. The project lies in a well-defined graphitic belt, which has been producing for over 50 years.
    Both claim packages have historical mine workings on them.
    Infrastructure can be the key to any project. It is a significant advantage that the claims are 50kms by paved highway from Madagascar’s main operating port at Toamasina.

    Click here to read the full text release.

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