MDN Inc.
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MDN Inc.

August 31, 2005 12:01 ET

MDN: Two Mineralized Targets Identified at Seroa Project, Eritrea

MONTREAL, QUEBEC--(CCNMatthews - Aug. 31, 2005) - MDN NORTHERN MINING (MINIERES DU NORD) (TSX:MDN) is pleased to announce results identifying two significant mineralized targets from the contiguous Seroa and Seroa Hill Exploration Licences in Eritrea, which are held by its subsidiary Eritrean Minerals Corporation.

During the recent work program in the licence areas, ten mineralized outcrops were sampled using channel samples. Of these mineral occurrences, two are considered to merit further follow-up work, which will be initiated during the third quarter.

The first location is the Dangish occurrence, which has beeen the site of artisanal workings on a steeply dipping quartz vein. Two contiguous two-metre channel samples assayed 4.19 g/t Au and 11.9 g/t Au.

The second site is the Injahai prospect, where a substantial quartz body outcrops (some 20 m by 40 m in aerial extent) at the summit of a hill of predominantly granitic composition. Separate 2 metre channel sample in a quartz-carbonate breccia that cuts the body individually assayed up to 34 g/t Au, 46 g/t Ag, 4.1% Cu, 2.7% Pb and 4.4% Zn. The mean values of the best section averaged 6.6 g/t Au, 15 g/t Ag, 0.6% Cu, 0.3% Pb and 1.0% Zn, over a total sampled length of 20 metres. The origin, extent and dimensions of this occurrence are not clear at this time. Further exploration work will determine the occurrence's significance and its economic potential.

The above work was conducted under the supervision of Dr. C.T. Williams, a Qualified Person, and the samples were assayed at the Genalysis Laboratory in Australia. MDN Northern Mining has been sampling outcrops in Eritrea with diamond bladed saws, using a technique that allows higher quality samples to be obtained than that with conventional chip sampling methods.

Contact Information

  • MDN Northern Mining
    Carlos H. Bertoni, M.Sc., P.Geo.
    CEO
    (514) 866-6500
    or
    MDN Northern Mining
    C. Timothy (Tim) Williams, Ph.D., C.Eng.
    COO
    (514) 866-6500
    or
    MDN Northern Mining
    Paul-A. Girard
    Chairman and V.-P., Corporate relations
    (514) 866-6500
    info@xnord.com
    www.xnord.com