VANCOUVER, British Columbia, May 31, 2005, (PRIMEZONE) -- Douglas Lake Minerals Inc. (OTCBB:DLKM) reports that it has initiated preliminary surveying work on its Tanzanian concessions and will be coordinating soil sample surveys in the near future to delineate the auriferous structures that the local miners are currently mining. These concessions are the ones that the Company is in the process of closing with the private Tanzanian company, as reported in our news release of May 5th, 2005.
The results of the initial sampling was reported earlier (up to 89 grams gold from a grab sample, and 2.4 grams from a rough chip sample over a 2 foot width) on the Morogoro Property and new results of 14.1 grams per tonne, 1.62 grams per tonne, 0.91 grams per tonne and 4.1 grams per tonne from grab samples at the second zone over 2.5 kilometres along strike to the west in ancillary workings are reported. This concession was sampled by the company's president on geologically the same structure as the initial sampling.
The potential for further gold discovery along strike and between the two zones is very good as demonstrated by a newly opened portion of the initially visited and sampled zone by the local artesian miners who report 3.23 grams per tonne.
Results to date and the ongoing small scale local mining is encouraging as to the potential of the property.
Regional geophysics with Magnetometer and a VLF EM Transmitter and receiver over the optioned and purchased concessions will be evaluated with respects to the several known auriferous structures already identified.
The potential of the properties to have significant auriferous zones identified remains promising and a program of geochemical soil sampling, detailed geophysical surveying and geological mapping will be initiated shortly.
The 2005 exploration work program on the company's PAC mineral claims in British Columbia, Canada continues.
No Exchange has neither approved nor disapproved of the information contained herein. This press release may contain forward-looking statements based on assumptions and judgements of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control and actual results may differ materially from the expected results. The Company does not expect to update forward-looking statements continually as conditions change. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's quarterly filings with the SEC and other periodic filings.