Business Services Industry
Douglas Lake Minerals Inc. 'Benchmark' Research Coverage Being Initiated By Investrend Research
Business Wire, Jan 19, 2007
NEW YORK -- (Investrend Research Syndicate) Douglas Lake Minerals Inc. (OTCBB: DLKM) has enrolled in the unique shareholder empowerment platform administered by Investrend Communications, Inc., a provider of financial intelligence programs. "Benchmark" research coverage will be initiated by an Investrend Research analyst to be assigned and announced in the next few days. Investrend Research is located on the web at http://www.investrendresearch.com, and all analysts' qualifications are at http://www.investrend.com/articles/secondlevel.asp?level=238.
DLKM has acquired five prospecting concessions for properties in Tanzania that cover an area of approximately 1,037.4 square kilometres. The company has purchased 100% of the mineral concession rights to these properties, all of which are easily accessed by paved highways and secondary roads, and transected by numerous tertiary roads. To explore and develop these properties, management has decided to structure DLKM as a "Royalty Management Company" and will be joint-venturing with well-capitalized junior mining companies to explore and develop these concessions. DLKM is also in negotiations to option over 100 additional concessions in mineral-rich Tanzania. The first five concessions - Morogoro, ASW, Kilometre 7, Negero and Tabora - are all located along a newly discovered gold zone in the central eastern part of Tanzania. To date, mineralization in this zone has been traced by local artesian miners for over 100 kilometres and occurs in Proterozoic highly metamorphic rocks adjacent to the central Tanzanian Archean Craton. The positioning of the known gold occurrences, which exist as both alluvial and in situ rock settings, suggests a structural context and has been classed as a structurally controlled type of mineralization. DLKM has conducted initial geological prospecting that is being followed by a work program of grid establishment, geochemical soil sampling, geophysical surveying by magnetics and geological mapping.
The company's website is at http://www.douglaslakeminerals.com. Also an informational "InvestorPower(tm) Page" is being established at Investrend's website, accessible from http://www.investrend.com/company/list.asp?sPathParam=yes.
Investrend Research has been the leading independent equity research publishing and distribution program since 1996, with over 75 qualified professional analysts posting more than 1,000 reports to date. Anyone may enroll a company in the Investrend platforms. Enrollment fees for the "Benchmark" research platform are $26,800, which are being paid by the company. Analysts are paid in advance for their initial reports by Investrend Research to limit or eliminate pecuniary interests, and no one associated with the program may own or trade in the equities of companies under coverage.
The company has also been enrolled in the shareholder-monitoring program by the Shareholders Research Alliance (http://www.shareholdersresearch.com), established to eliminate conflict and bias, and Investrend subscribes to the exacting "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com.
Anyone interested in receiving alerts regarding Douglas Lake Minerals research or webcasts should e-mail contact@investrend.com with "DLKM" in the subject line, or click on http://www.investrend.com/contact.asp.
> This release may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans that involve risks and uncertainties. We use words such as "expects," "anticipates," "believes," "estimates," the negative of these terms and similar expressions to identify forward looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason.Source for Company Description: Douglas Lake Minerals
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