Douglas Lake Minerals Inc.

May 09, 2011 08:51 ET

Douglas Lake Makes Addition to Technical Committee

VANCOUVER, BC--(Marketwire - May 9, 2011) -

Douglas Lake Minerals Inc. / DOUGLAS LAKE MAKES ADDITION TO TECHNICAL COMMITTEE . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Douglas Lake Minerals Inc. (the "Company" or "Douglas Lake") (OTCBB: DLKM) is pleased to announce that Dr. Abdulkarim Mruma, B.Sc., M.Sc., Ph.D. Geology, CEO of the Geological Survey of Tanzania has joined the Technical Committee.


Harp Sangha, CEO commented, "We are pleased to have such a distinguished academic join the technical committee. Given Professor Mruma supervised the PhD thesis composed by Dr. Joas Kabete, a thesis which has been the foundation of all commercial exploration activity in the rapidly developing Handeni region, his knowledge of the geology in this area will enhance our company's efforts as we move forward with our 2011 exploration and development program."

Professor Mruma was the head of the Department of Geology, University of Dar es Salaam from 1994 to 2004. Since 2004 he has been the Vice Chairman of the Association of Geological Surveys of Africa and is the Chief Executive Officer of the Geological Survey of Tanzania, Ministry of Energy and Minerals. Other positions he has held include National Coordinator for the International Geological Correlation Programs and External Examiner for the Department of Geology of the University of Nairobi, Kenya and for the University of Makerere, Uganda.

Over the years, he has had extensive involvement as a board and steering committee member of numerous geological and environmental research projects and groups. Professor Mruma has published over thirty international publications, mainly in the fields of Structural Geology, Precambrian Geology, Stratigraphy, and Mineral Deposits. He has also consulted on and authored more than twenty technical reports in the fields of Resource Assessments and Engineering Geology. He is currently a member of the Geological Society of Africa and the Tanzania Geological Society.

About Douglas Lake

The Company is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania. For more information, go towww.douglaslakeminerals.com.

Safe Harbour Statements

Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "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 be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labour disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release.

Forward looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risks and uncertainties outlined in our most recent financial statements and reports and registration statement filed with the United States Securities and Exchange Commission (the "SEC") (available at www.sec.gov) and with Canadian securities administrators (available at www.sedar.com). Such risks and uncertainties may include, but are not limited to, the risks and uncertainties set forth in the Company's filings with the SEC, such as the ability to obtain additional financing, the effect of economic and business conditions, the ability to attract and retain skilled personnel and factors outside the control of the Company. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time-to-time with the SEC. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities of the Company nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.


Suite 500 - 666 Burrard Street, Vancouver, British Columbia, Canada V6C 3P6 T +1.604.642.6165 · F +1.604.642.6168 www.douglaslakeminerals.com · Trading Symbol: DLKM

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Douglas Lake Minerals Inc. Unit 222 6820-188th Street Surrey, B.C. Canada


Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;





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Source: Douglas Lake Minerals Inc. via Thomson Reuters ONE

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Contact Information

  • For further information please contact:

    Douglas Lake Minerals Inc.
    Sam Sangha
    Investor Relations
    (604) 642-6165