Donner Minerals Ltd.
Donner Minerals Ltd. english
Media Release – Donner Minerals Ltd. (DML)
Corporate-news announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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Media Release – Donner Minerals Ltd. (DML)
The Company provides the following background and update on its South Voisey Bay
(SVB) Project, Labrador, Canada. The SVB Project is located 90 kilometres
south of Inco’s multi-billion dollar Voisey’s Bay nickel-copper-cobalt deposits.
The Company has been exploring the SVB Project since 1995 which has resulted in
the identification of remarkable geological similarities to the original
Voisey’s Bay discovery.
As a result of substantial new data being published on the Voisey’s Bay
deposits, detailed comparisons have indicated that portions of the gabbro
intrusion at South Voisey Bay, known as the south gabbro, are geochemically
similar to rocks hosting the Eastern Deeps deposit at Voisey’s Bay. This
similarity led the Company to conduct an age date of the south gabbro that
established that the south gabbro is also the same age as the Voisey’s Bay
deposits.
These important new developments further demonstrate the potential of the South
Voisey Bay area to host high grade nickel-copper-cobalt deposits comparable to
Voisey’s Bay.
David Patterson, C.E.O., states “We began looking in Labrador for properties
that had similarities to Diamond Fields Resources, Voisey’s Bay discovery. With
all of the work we have now done in South Voisey Bay, we believe that the 2002
program will be an essential step towards a major discovery.”
Contact in Europe:
Alexander Holtermann
Tel: +49-219313-59
Fax: +49-219313-21
e-mail: holtermann@htcom.de
end of message, (c)DGAP 27.05.2002
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