MDN - Tulawaka Grube produziert 20.493 Unzen Gold im ersten Viertels von 2009 - 500 Beiträge pro Seite

[HGDM]

April 29, 2009
Tulawaka Mine produces 20,493 ounces of gold during the first quarter of 2009

Montreal, April 29, 2009 – MDN Inc. (“MDN”) is pleased to announce that the Tulawaka Gold Mine in Tanzania produced 20,493 ounces of gold during the first quarter ended March 31, 2009. Tulawaka gold production now amounts to 674,860 ounces since the beginning of operations in March 2005.

For the first quarter, 20,881 ounces of gold were sold into the spot market at an average price of US$906 for total sales of US$18.9M. Since the beginning of operations in March 2005, a total of 666,959 ounces of gold was sold.

For the first quarter, a total of 34,911 tonnes were mined from the underground mine at an average mine grade of 11.27 g/t gold whereas the plant facilities processed 101,974 tonnes of ore at an average grade of 6.7 g/t gold and at a gold recovery rate of 93.3%. The difference in tonnage comes from the stockpile at the plant.

“The fact that the underground operations at Tulawaka are still in development and therefore limit our access to known mineral zones explains the use of low-grade ore stockpiled near the mill and the low tonnage mined underground”, said Paul-A. Girard, President and CEO of MDN.

Total cash costs averaged US$418 to produce an ounce of gold during the first quarter of 2009. The ROM (Run of Mine) stockpiles at quarter end were 402,122 tonnes at an average grade of 2.72 g/t gold, representing approximately 12 months ore supply for the process plant, assuming the current throughput of 32,000 tonnes processed per month due to the hardness of the rock on the stockpiles.

Paul-A. Girard, President and CEO of MDN stated: “The production level and mining operations of the underground mine for the quarter are as planned. Indeed, approximately 35% of the tonnes processed come from the underground mine which produces a better grade than the stockpiles used to fulfill the production capacity of the mill. The tonnes processed from the underground mine should improve quantitatively in the upcoming months and given the challenge related to the beginning of the underground operations, we are pleased with the results and remain optimistic towards the mining plan aimed at increasing the reserves and resources, and expanding the mine life. ”

The Tulawaka Gold Mine is owned and operated by Barrick Gold Corporation (“Barrick”), through its Tanzanian subsidiary Pangea Minerals Ltd. Pursuant to a Joint Venture Agreement Barrick has 70% participating interest and MDN has 30% participating interest in the Tulawaka Gold Mine. The information disclosed on the Tulawaka Gold Mine is based on information provided by the Operator.

MDN Inc. is a Montreal-based Canadian exploration company that holds a 30% participation in the Tulawaka Gold Mine (Tanzania). Its main exploration activities are carried out in Quebec through gold and base metal interests and in Tanzania through a majority interest in 35 mineral licenses, adjacent to the Tulawaka gold mine.

For more information please visit: www.mdn-mines.com

[HGDM]

weiteres unter:



http://www.mdn-mines.com/Communique_e.php?id=56



http://www.mdn-mines.com/04_tulawaka_e.php

[HGDM]

For the first quarter ended March 31, 2009


http://www.mdn-mines.com/Communique_e.php?id=59


* The annual financial statements for the fiscal year ended December 31, 2008, were filed on March 30, 2009, showing a record net income of $22.1M, or $0.24 per share. As of the date hereof, MDN has a completely debt-free balance sheet and current cash and cash equivalents of approximately $24 million.

[HGDM]

MDN’s operational update
Drilling program has begun at Isambara

Montreal, July 28, 2009 - MDN Inc. (“MDN”) is pleased to provide an operation update on the exploration activities and mining development in Tanzania for the rest of the year.

Highlights

* MDN announces a $1.5M minimum budget for its business development and exploration activities in Tanzania for the 6 month period from July to December 2009. This amount could be increased up to $3M based on results. Most of the investment will be used for drilling at Isambara and Ikungu.
* In the Tulawaka area, a drilling program (Phase 1) of approximately 2,500 meters (12 to 15 drill holes) is already in progress on the Isambara project. Other gold targets located near the Tulawaka Gold Mine namely, Viyonza and Msasa, will also be explored.
* Supported by encouraging results of detailed soil sampling programs, conducted in April and May 2009, on the Southern Area of the Isambara project, two new Mobil Metal Ion (“MMI”) soil sampling programs will now be conducted on the Central and Northern Areas to identify additional targets for the drilling planned for September.
* Concerning the Ikungu project, geochemical soil surveys with 800 meters space lines have been completed in order to cover the entire property and the results will be announced shortly. MMI detailed soil sampling will also be undertaken in order to better define the extension of the drilling targets already identified. A first phase of drilling will begin following the drilling works on Isambara for the targets previously selected and a second phase will follow once the MMI detailed soil sampling is completed.
* In order to support the mining development activities, the board of directors has approved a substantial budget aiming at evaluating new acquisition projects. MDN’s management team can be, if needed, assisted by a multidisciplinary team of industry experts qualified for the evaluation and analysis of such projects..
* At the Tulawaka Gold Mine, a partnership between MDN (30%) and Pangea Goldfields (70%), 6,500 meters of drilling have been completed since the beginning of 2009, mainly for the underground mine development. Additional investments and activities have been planned by the operator following the good results of the initial drilling programs.
* As of this date, MDN has over 20 million dollars in cash, no debt and expects to remain profitable in fiscal 2009. MDN’s cash reserves are sufficient to ensure its ongoing operations and announced investment plans without requiring additional financing in the medium term.
* Drilling activities’ in Quebec, as well as the development of the Anita project (previously MCI and its niobium and tantalum resource), will be the subject of an update in the upcoming weeks.

LAll technical information in this release has been reviewed by Marc Boisvert, Engineer and Vice President, Exploration of MDN, serving as a qualified person in compliance with National Instrument 43-101.

MDN is a mining exploration and development company having adequate financial resources to develop its very promising projects in Quebec and in Tanzania and to search for new business opportunities that can raise shareholder value. In addition to its 30% participation in the Tulawaka Gold Mine, MDN is the operator and owner of a majority interest in 35 mineral licenses adjacent to the Tulawaka gold mine in Tanzania, and owns a 28.75% interest in a property with a NI 43-101 niobium and tantalum resource located in the Lac St-Jean area of Quebec.

For further information:

MDN
Paul-A. Girard

President & Chief Executive Officer

Marc Boisvert, P.Eng.

Vice-President - Exploration
Richard Corbo

Business Development

Tél.: [phone]
www.mdn-mines.com

Sun Internatonal Communications
Nicole Blanchard

Managing Partner
Tel.: [phone]
[e-mail]
www.suninternationalcommunications.com

MDN-231A-2009

TSX Symbol : MDN

[HGDM]

Endlich mal ein schönes Plus und ordentliche Umsätze

[HGDM]

http://www.mdn-mines.com/Communique_e.php?id=65

[HGDM]

MDN provides an update on Anita
Highlights:

* Team of experts and partners in place to develop the Anita project up to the production stage and the marketing of strategic metals.
* Management exploring an open-pit only development for more than 18 years .
* Independent firm Roskill Consulting Group confirms that market conditions could be favourable to the entry of the Anita project as new producer of niobium oxide and tantalum oxide.
* Drilling program just completed will improve the quality of the current resource of 25.75 million tones.
* A bulk sample of approximately 70 tonnes of ore is in progress to provide further information on niobium and tantalum’s treatment and processing costs.



...und ausführlicher hier



http://www.mdn-mines.com/Communique_e.php?id=68

[HGDM]

- The drillings indicate the possibility of a large gold mineralization zone

- The best results indicate grades of up to 7.66 g/t over 1 m

- A second drilling phase is planned over the next few months



http://pr-canada.net/index.php?option=com_content&task=view&…

http://www.emediaworld.com/press_release/release_detail.php?…

[privateer]

Antwort auf Beitrag Nr.: 38.434.040 von HGDM am 22.11.09 18:39:45

Hi HGDM,

da MDN m.E. seit dem Erwerb des Anita-Projekts MDN kein alleiniger Gold-Play mehr ist, schlage ich vor, entweder den Thread hier umzubenennen oder eben einen neuen zu eröffnen, bei dem im Titel auch auf das TA/NB-Projekt hingewiesen wird.

Man darf das Anita Projekt nicht unterschätzen. Bei einem geplanten Produktionbeginn im Jahr 2012 liegt man mit Commerce Resources auf einer Ebene, verfügt aber im Gegensatz zu CCE über einen erquecklichen Cash-Flow aus der Tulawaka-Mine, mit dem der Bau einer Mine in Quebec größtenteils finanziert werden könnte.

Was hältst Du davon? Ich denke, dann wärst Du nicht mehr der alleinige Poster im Thread

Viele Grüße
priv

[HGDM]

Antwort auf Beitrag Nr.: 38.435.519 von privateer am 23.11.09 09:39:34

Es gibt noch einige sehr viel versprechenden Projekte in Quebec und in Tanzania.

Neben dem Anita-Projekts und den 30% am Tulawaka Projekt, hatt MDN einige Erforschunglizenzen, die auf den 621 km²um die Tulawaka Goldmine in Tanzania sich befinden.

Bis 2012 kann noch viel passieren. Sie sollten daran arbeiten ihre Produktion weiter zu erhöhen um andere Projekte zu finanzieren.
Leider dümpelt der Kurs vor sich hin.

[privateer]

Antwort auf Beitrag Nr.: 38.435.825 von HGDM am 23.11.09 10:22:50

Hi,

also ich muss gestehen, dass ich MDN anders sehe, und zwar nicht als Goldproduzent mit einem TA-Projekt in Kanada, sondern eher als aussichtsreicher TA-Explorer, der wahrscheinlich 2012 in Produktion gehen wird und der seine Kosten hauptsächlich durch den Cash-Flow aus der Goldmine stemmen kann.

Wenn der Markt MDN nicht mehr "nur" als Goldproduzenten sieht, sondern eben auch als potentiellen Lieferanten eines äußerst knappen Metals aus einem politisch stabilen Land, dann dürfte sich das auch im Kurs zeigen.

Genau gesagt: MDN könnte DIE Alternative zu CCE sein. Nur wissen das zur Zeit noch die Wenigsten.

Viele Grüße
priv

[privateer]

Antwort auf Beitrag Nr.: 38.436.121 von privateer am 23.11.09 11:08:16

der Vollständigkeit halber:

MDN receives positive economic indicators for the niobium and tantalum (Anita) projet

http://www.mdn-mines.com/Communique_e.php?id=76

M.E. enttäuschende Ergebnisse. Produtkionsbeginn erst für Ende 2013/Anfang 2014 geplant.
Bis dahin kann noch viel passieren...

[HGDM]

Montreal, Quebec - (Marketwire - 29. April 2010) - MDN Inc. ("MDN") (TSX: MDN) freut sich, seinen Aktionären Bericht
dass die afrikanischen Barrick Gold plc (ABG) und Projekt-Operator in der Tulawaka Goldmine in Tansania, in denen MDN hat eine 30%
Beteiligungsverhältnis, kündigte positive Ergebnisse Explorationsbohrungen auf meine Ziele in der Nähe Tulawaka und der ersten
Quartal 2010 die Produktion Ergebnisse.

Auf Tulawaka, Reverse-Circulation-Bohrungen auf dem Mojamoja Ziel, ca. 4 km nordwestlich der Anlage hat Tulawaka identifizierten eine neue Zone mit Goldmineralisierung. "Tulawaka style" Quarzadern wurde in mehreren Bohrungen angetroffen, mit sichtbarem Gold beobachtet in RC-Chips mit höheren Goldgehalte assoziiert. Signifikante Abschnitte besser aufgenommen Ergebnisse der 12m@11.5g / t Au ab 89m (einschließlich 2m@57.1g / t Au), 5m@36.4g / t Au ab 76m (einschließlich 2m@77.5g / t Au), und 1m@67.3g / t Au ab 48m. Zusätzliche Step-out-und Infill-Bohrungen, die vor der Ressource benötigt werden Schätzung zu arbeiten.

Darüber hinaus setzte der untertägigen Erkundung Bohrprogramm auf Tulawaka East Zone erweitern, zu identifizieren, die bekannten hochgradigen schießt in der AZM-124-Zone. Bessere Ergebnisse enthalten, 4m@18.45g / t Au und 4,6 m @ 34.5g / t Au (down-hole Breite durchschnitten stellt ungefähre wahre Breite) zwischen Level 9 und Level 10. Diese hochwertigen Kreuzungen zeigen das Potenzial für Erweiterungen des unterirdischen Reserven und Ressourcen über die derzeit definierten Ebenen zu identifizieren, und weitere Verlängerung der Lebensdauer der Mine Tulawaka über 2010 hinaus.

Serge Bureau, President und CEO von MDN, der derzeit an der Tulawaka Mine mit dem Betreiber, die Überprüfung der Explorations-Programm, in dem MDN 30% beteiligt ist, kommentierte: "Die untertägigen Erkundung Ergebnisse sind ermutigend im Hinblick auf die potenziell zur Verlängerung der U-Bahn das Leben von mir und der Mojamoja Ergebnisse zeigen uns, dass Potenzial vorhanden ist , immer wieder neue Erzzonen innerhalb der Grenze des Tulawaka Joint Venture Eigentum. "

Tulawaka Operative Ergebnisse

African Barrick Gold berichtete auch, dass:

Tulawaka U-Operationen erlebt einen 21% Rückgang in Tonnen gehoben, um in Q1 2010 gegenüber dem gleichen Oberfläche Zeitraum in 2009. Dies wurde hauptsächlich durch geringere Anlagenverfügbarkeit und die Verarbeitung von niedrigeren Besoldungsgruppe Gebestapel Erz getrieben die Minenproduktion Fehlbetrag Senkung der Kopfnote Offset gefräst, was zu einer 29% Reduktion von Unzen produziert, um dem Vorjahr (14.590 Unzen zum 31. März 2010 verglichen mit 20.492 Unzen zum 31. März im Vergleich 2009 für 100% der Mine). Der Betreiber hat zusätzliche Güterkraftverkehr LKW aus den anderen Operationen mobilisiert und erwartet die Mine, um seine ursprüngliche budgetierten Produktion. Cash-Kosten pro Unze für das erste Quartal 2010 stieg im Vergleich zum dem Vergleichszeitraum des Vorjahres (US $ im Vergleich zu US $ 558/ounce 413/ounce zum 31. Dezember 2009 und US $ 379 / Unze zum 31. März, 2009) als Folge der niedrigeren Produktionskosten Basis. Zusätzliche Mittel für eine aggressive Exploration genehmigt Bohrprogramm sowohl für die U-und Tagebau-Ressourcen. Zusätzliche Ausrüstung für die Erschließung der Mine wurde mobilisiert für die Lieferung zur Baustelle.

Die Tulawaka Projekt ist eine vertragliche Joint-Venture zwischen MDN (30% Beteiligung) und Pangea Goldfields Inc.

(70% Beteiligung), eine hundertprozentige mittelbare Tochtergesellschaft der afrikanischen Barrick Gold plc und Projekt-Betreiber und Eigentümer über ihre Tochtergesellschaft Pangea Minerals Ltd Die Informationen auf der Tulawaka Gold Mine offen gelegt wird basierend auf bereitgestellten Informationen durch den Betreiber.

Über MDN

MDN Inc. (TSX: MDN) ist ein Explorations-und Entwicklungsunternehmen mit ausreichenden finanziellen Ressourcen zur Entwicklung ihrer viel versprechende Projekte in Quebec und in Tansania. MDN bleibt auch bei der Suche nach neuen Geschäftsmöglichkeiten, dass aktive Mehrwert für die Aktionäre zu erhöhen. Zusätzlich zu seiner 30% Beteiligung an der Tulawaka Gold Mine ist die MDN Betreiber und Inhaber der Mehrheitsbeteiligung an Mineral-Lizenzen in Höhe von 621 Quadratkilometern rund um die Tulawaka Goldmine in Tansania. Das Unternehmen besitzt auch eine 67,5% Zinsen in Mineraux Crevier, die eine Eigenschaft mit einem NI 43-101 Niob und besitzt Tantal-Ressource in den Lac St-Jean Fläche von Quebec entfernt. MDN hat eine Option auf das Eigenkapital zu erhöhen Beteiligung an Mineraux Crevier bis zu 87,5%. Weitere Informationen finden Sie auf der Website von MDN www.mdn-mines.com.

Zukunftsgerichtete Aussagen

Alle Aussagen in dieser Pressemitteilung, mit Ausnahme von Aussagen über historische Fakten, die Adresse Ereignisse oder Entwicklungen, dass die Unternehmen erwartet, auftreten, sind zukunftsgerichtete Aussagen. Obwohl das Unternehmen glaubt, dass die Erwartungen, ausgedrückt in solche zukunftsgerichteten Aussagen beruhen auf vernünftigen Annahmen basieren, sind solche Aussagen keine Garantie für zukünftige Leistungen und die tatsächlichen Ergebnisse können erheblich von den in zukunftsgerichteten Aussagen. Faktoren können dazu führen, dass die tatsächlichen Ergebnisse erheblich von den in zukunftsgerichteten Aussagen sind im Einzelnen in den diskutierten Company jüngsten Annual Information Form bei SEDAR, die auch zusätzliche allgemeine Annahmen in eingereicht Zusammenhang mit diesen Aussagen. Investoren und andere, die sich auf Basis des Unternehmens vorausschauende Aussagen sollte sorgfältig prüfen, die Faktoren in der Annual Information Form erwähnt sowie die Unsicherheiten sie stellen und das Risiko sie mit sich bringen. Das Unternehmen ist überzeugt, dass die Erwartungen in diesen zukunftsorientierten reflektierten Aussagen vernünftig sind, aber es kann keine Garantie gegeben, dass diese Erwartungen auch als richtig erweisen und so werden zukunftsgerichteten Aussagen in dieser Pressemitteilung sollten nicht übermäßig herangezogen werden. Diese Aussagen sind nur ab dem Datum dieser Pressemitteilung.

[HGDM]

HIGHLIGHTS des ersten Quartals

* Net von 58,611 $ 1.915.619 gegenüber USD im selben Zeitraum im Jahr 2009 und einem Nettoverlust von $ 821.792 oder $ 0,008 pro Aktie;
* Am 31. März 2010, hatte DND 17 Millionen in Working Capital und sichern damit die Kontinuität seiner Arbeit und seiner Investitionsvorhaben;
* Tulawaka Goldmine im ersten Quartal von 14.591 Unzen Gold bei einem durchschnittlichen Goldgehalt von 4,09 g / t Gold und eine Recovery-Rate von 93,6% hergestellt. Die Beteiligung von 30% des in der MDN Tulawaka Projektergebnisse in einer Summe in Höhe von 4.377 Unzen Gold. Trotz niedriger Goldproduktion im ersten Quartal, DND zu verstehen, dass die afrikanischen Barrick Gold zuversichtlich, seine Prognose für die Produktion von Gold zu erreichen, bleibt das Jahr 2010;
* Gesamt-Cash-Kosten auf eine Unze Gold zu produzieren war US $ 558 für den Zeitraum, wenn sie US $ 379 wurden für den gleichen Zeitraum in 2009;
* DND hat mit dem Betreiber der Mine Tulawaka angeordnet, um ein aggressives Programm von der Exploration bis zur Verlängerung der Lebensdauer der Mine führen. Aber mit einem niedrigeren Goldproduktion im ersten Quartal, die Gebühr MDN 30% verwendet wurde um unseren Anteil an Explorations-Programme auf Tulawaka zu finanzieren;
* Da das Projekt Crevier, besaß eine Anzahlung von Niob und Tantal 67,5% von MDN, war der vorläufige Bewertung und wirtschaftliche Evaluierung Study abgeschlossen. Das Projekt in den Lac Saint-Jean entfernt könnte eine erhebliche wirtschaftliche Auswirkungen in diesem Bereich haben Quebec, wobei der geplante Tagebau hat ein Potenzial Amtszeit von 18 Jahren. In einem vorgegebenen Szenario von 4000 Tonnen pro Tag (tpd) und einem Investitionsvolumen von rund 315.600.000 $, könnte das Projekt generiert daraus in die Produktion im Jahr 2013 ein durchschnittliches jährliches Einkommen von $ 125.000.000 und einen Netto-Cash-Flow von jährlich rund $ 57.000.000, und dass während der Operation Zeitraum von 18 Jahren;
* Die Entscheidung über die Machbarkeitsstudie durchzuführen, wurde gemacht und die Studie wird derzeit durchgeführt. Eine Aktualisierung der Fortschritt wird in der zweiten Hälfte des Jahres 2010 erfolgen.



http://www.marketwire.com/press-release/MDN-annonce-ses-resu…

[HGDM]

MDN Inc. (MDN)
As of May 23rd, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
May 09/10 May 07/10 Mitchell, Bruce Direct Ownership Common Shares 10 - Disposition in the public market -23,000 $0.520
May 02/10 Apr 30/10 Mitchell, Bruce Direct Ownership Common Shares 10 - Disposition in the public market -140,000 $0.555
May 02/10 Apr 23/10 Mitchell, Bruce Direct Ownership Common Shares 10 - Acquisition in the public market 433,000 $0.435
May 02/10 Apr 22/10 Mitchell, Bruce Direct Ownership Common Shares 00 - Opening Balance-Initial SEDI Report

[HGDM]

Montreal, Quebec - (Marketwire - 2. Juni 2010) - MDN Inc. ("MDN") (TSX: MDN) ist erfreut bekanntzugeben, dass es eingegeben hat
eine Vereinbarung mit SOQUEM Inc. für das Projekt in MCGold Chibougamau auch als MOP II bekannt. Der Vertrag gewährt MDN
die Option, eine 50% ige Beteiligung an dem Projekt unter Berücksichtigung von einem Zahlungsplan zu erwerben und Exploration in Höhe von
bis zu 5.250.000 $ über fünf Jahre. Work Verpflichtungen sind $ 350.000 für das erste Jahr und 500.000 Dollar für das zweite Jahr.

MDN wird der Betreiber, sobald das Projekt erreicht die Machbarkeitsstudie der Bühne.

"Das fortgeschrittene Explorations-Projekt mit einer Ressource gemäß 43-101 ist eine gute Passform mit unserer Strategie der Akquisition und Entwicklung Goldressourcen mit Potential für eine erhöhte Menge und Qualität. Unser Ziel ist, eine Ressource mit einem potenziellen Gold definieren Inhalt von mehr als einer Million Unzen, "erklärt Serge Bureau, President und Chief Executive Officer von MDN.

Im Jahr 2006 behielt Scott Wilson Roscoe SOQUEM Postle Associates Inc. zur Durchführung einer 43-101 konforme Schätzung der Inferred Ressource. Die Schätzung wurde bei einem Goldpreis von US $ berechnet 500/ounce und einem cut-off Gehalt von 1,0 g / t Au.

Inferred Kategorie Tonnen Au g / t Unzen Au Cu% Main Zone 3.216.000 1,61 166.200 0,04 North Zone 1.000 24.000 1,32 0,12 Insgesamt 3.240.000 1,61 167.200 0,04

"Wir fühlen, dass dieses Projekt Potenzial für Porphyr-Typs Au-Cu-Lagerstätten hat, dh es sollte entwickelt werden, bedeutet auf einem high-tonnage/low-grade Anzahlung Modell, bei dem cut-off grade Auswahl ist wichtig. Mit dieser Art der Hinterlegung und eine Goldpreis derzeit über 1.000 US $ pro Unze, um die US $ 500 pro Unze für das Geschäftsjahr 2006 im Vergleich Schätzung verwendet, die cut-off grade gewählt wird einen enormen Einfluss auf Tonnage haben ", bemerkte Marc Boisvert, Vice President Exploration von MDN.


http://de.advfn.com/nachrichten/MDN-Acquires-a-Gold-Explorat…

[privateer]

Resourcen-Update

http://www.mdn-mines.com/pdf/communiques_2010_en/mdn249_43-1…

Eine Erhöhung der Tantal-Grades um über 17% kann sich sehen lassen!

[HGDM]

MDN Startet Bohrprogramm auf Ikungu Gold-Projekt

MDN Inc. (" MDN ") (TSX : MDN) kündigt den Beginn eines Bohrprogramms auf seinem
Gold-Projekt mit zwei Bohrern Ikungu Betriebssystem auf der Baustelle. Das Ziel dieser
Programms ist es, die vertikale Kontinuität der mineralisierten Abschnitte beweisen mehrere
enthalten Goldgehalte von mehr als 5 g / t , von denen viele mehr als 10 g / t sind
(Siehe Pressemitteilung vom 4. Mai 2010 ).


Mit 5.000 m an Bohrungen geplant und insgesamt 13 Löcher, die vertikale
Kontinuität der hochgradigen schießt nahe der Oberfläche befinden könnte sich geschätzt werden
zu einer Tiefe von 300m.


Im ersten Quartal erhielt MDN Testergebnisse zeigen, dass diese
goldhaltigen Horizont Gastgeber höhergradigen Zonen mit wahren Breiten von 2 bis 4 Metern ,
bis hin in die Besoldungsgruppe von 5 g / t Au auf 11,5 g / t Au , einschließlich der Abschnitte bis auf 54,3
g / t Au über 0,4 m. Die Mineralisierung Struktur zu sein scheint kontinuierlich über
mehr als 2,5 km, mit einer Dicke von mindestens 2 Meter (effektive Breite) und Probe
Noten über 1,2 g / t Au . Die goldhaltigen Kreuzungen für Löcher IKD -08,
IKD -28, IKD -36 , IKD -37, SIK1 und SIK8 sind gute Beispiele für diese höherwertigen
Zonen. Eine Konzentration von solchen Zonen ist in den zentralen und identifiziert worden
östlichen Sektoren. Das Bohrprogramm wird jetzt eingeleitet Test das Vorkommen von
Zonen mit einem durchschnittlichen Goldgehalt von Probe mehr als 10g / t Au.


Compilation der Schnittpunkte zeigt das Vorhandensein von hochgradigen Zonen:



-------------------------------------------------- ------------------------
Hole # Abschnitt Von ( m) Bis ( m ) Länge ( m) True Breite Au ( g / t)
(M)
-------------------------------------------------- ------------------------
IKD -08 2010 E 34,50 37,50 2,60 1,99 10,95
-------------------------------------------------- ------------------------

-------------------------------------------------- ------------------------
IKD -04 2435 E 226,04 230,88 4,84 2,42 6,74
-------------------------------------------------- ------------------------
IKD -32 2560 E 83,00 86,75 3,75 2,41 8,02
-------------------------------------------------- ------------------------
IKD -18 2770 E 242,00 245,00 3,00 2,30 5,79
-------------------------------------------------- ------------------------

-------------------------------------------------- ------------------------
IKD -34 2910 E 97,20 99,80 2,60 1,99 6,63
-------------------------------------------------- ------------------------
IKD -28 3400 E 142,17 144,77 3,00 2,30 10,95
-------------------------------------------------- ------------------------
IKD -36 3610 E 51,60 56,94 5,34 4,09 13,22
-------------------------------------------------- ------------------------
IKD -37 3730 E 276,50 281,70 5,20 3,98 5,39
-------------------------------------------------- ------------------------
SIK1 3760 E 140,84 144,68 3,84 1,91 24,54
-------------------------------------------------- ------------------------
SIK8 3760 E 206,90 212,81 5,91 2,94 11,50
-------------------------------------------------- ------------------------



Die Proben wurden durch die Feuerprobe bei SGS Laboratory der von Mwanza analysiert,
Tansania, eine beglaubigte Anlage nach internationalen Standards ist . Ein
strenges Qualitätsmanagement Analyse Bestätigungs -Programm von MDN umgesetzt inklusive 20%
Kontrollproben . Die technischen und wissenschaftlichen Informationen in diesem Dokument enthaltenen
Pressemitteilung wurde von Marc Boisvert , P. Eng überprüft worden. MDN Vice President,
Exploration , die als qualifizierte Person gemäß National Handlungen
Instrument 43-101 .

[Tsuba]

EXPLORER, ueberall Explorer




Nicht hystorisch werden bei MDN.

notfalls kann man ja was zu Curry Rose CUI schreiben,

ebenfalls Tansania und ganz schoen am steigen.

[HGDM]

MDN Stakes 98 km2 of Strategic Ground Southeast of Crevier

Editors Note: There is a map associated with this press release.

MDN Inc. ("MDN") (TSX:MDN) is pleased to report that it has acquired 175 claims
covering 98 km2 southeast of the Crevier niobium-tantalum project. This new
acquisition means that MDN now controls the ground covering a magnetic
geophysical response similar to the one associated with the Niobec niobium mine.
The magnetic signature lies 23 km southeast of the Crevier deposit and 130 km
northwest of the Niobec mine and the property has been named Samaqua.

http://de.advfn.com/nachrichten/MDN-Stakes-98-km2-of-Strateg…

[hbg55]

MDN Inc.: Tulawaka had a 49% Increase in Gold Production During the First Half of the Year

MDN receives royalties of $1.2 million

Jul. 26, 2011 (Marketwire Canada) --

MONTREAL, QUEBEC -- MDN Inc. ("MDN") (TSX:MDN) reports to its shareholders that African Barrick Gold plc (ABG), the project operator at the Tulawaka gold mine in Tanzania, in which MDN has a 30% participating interest, announced second quarter and first half operational results.

* The underground mining performance was consistently strong throughout the first half leading to significantly higher grades and production;

* The mine life at Tulawaka has been extended to the middle of 2012 and the drill programme in recent months has identified further extensions to the resource base as we look to keep the mine in production into 2013 and beyond;

* A detailed update of the resource and mine life at Tulawaka is planned before the end of the year.

Gold production at Tulawaka (100 %) for the first half was 41,131 ounces, an increase of 49% compared to the same period last year. The increase in production was driven by higher grade underground zones being mined, as well as a greater proportion of the ore milled in the process plant coming from underground compared to the previous year. For the first half 2011, cash costs per ounce of US$ 686 were slightly higher compared to the same period last year (US$ 641/ounce).

Capital expenditures for the six month period ended 30 June 2011 of $9.3 million was 70% higher than the prior year period of $5.5 million. The capital expenditure was focused on increased investment in order to extend the mine life. Specific spending included $2.9 million relating to capitalised underground development costs, $2.8 million relating to security infrastructure, in particular the perimeter wall, and $1.7 million relating to capitalised drilling expenditure................


http://tmx.quotemedia.com/article.php?newsid=43258917&qm_sym…

[hbg55]

Antwort auf Beitrag Nr.: 41.997.139 von hbg55 am 24.08.11 17:47:03

.......und weitere infos gibts auf folg. presi aus 08.2011.............


http://www.mdn-mines.com/pdf/presentation/MDN%20%20Presentat…





RT.....cad 0,30


denke, auf akt. niv. sehen wir ein attr. chance- risiko- verhältnis !!!

[derPatriot1]

Lesezeichen

[derPatriot1]

Antwort auf Beitrag Nr.: 41.997.543 von hbg55 am 24.08.11 19:02:58

Hallo hbg55,

beantwortest du manchmal BM?

[hbg55]

Antwort auf Beitrag Nr.: 42.013.190 von derPatriot1 am 28.08.11 20:28:58

moin p1,

....nahezu immer !!!

grüssis h55

[hbg55]

Antwort auf Beitrag Nr.: 42.013.577 von hbg55 am 28.08.11 23:34:26

derweil sehen wir auch bei den insidern einige KÄUFE in jüngster zeit..........


MDN Inc. (MDN)
As of August 27th, 2011

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price

Aug 25/11 Aug 24/11 Bonneau, Jacques Direct Ownership Common Shares 10 - Acquisition in the public market 26,000 $0.280
Aug 17/11 Aug 16/11 Bonneau, Jacques Direct Ownership Common Shares 10 - Acquisition in the public market 16,500 $0.300
Aug 17/11 Aug 16/11 Bonneau, Jacques Direct Ownership Common Shares 10 - Acquisition in the public market 42,000 $0.290
Aug 17/11 Aug 16/11 Bonneau, Jacques Direct Ownership Common Shares 10 - Acquisition in the public market 1,500 $0.285
Aug 17/11 Aug 16/11 Bonneau, Jacques Direct Ownership Common Shares 10 - Acquisition in the public market 39,000 $0.270


http://www.canadianinsider.com/coReport/allTransactions.php?…

[hbg55]

Antwort auf Beitrag Nr.: 42.013.611 von hbg55 am 29.08.11 00:04:57

.....erst am 10.11. schnappten erneut paar indsider wieder kräftig zu - diesmal sogar zu 0,30..............


As of 11:59pm ET November 19th, 2011

Filing Date Transaction Date Insider Name Ownership
Type Securities Nature of transaction # or value acquired or disposed of Unit Price


Nov 11/11 Nov 10/11 LaValliere, Robert Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 16,667 $0.300

Nov 11/11 Nov 10/11 Savard, Serge Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 233,333 $0.300

Nov 11/11 Nov 10/11 Bonneau, Jacques Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 70,000 $0.300

[hbg55]

Antwort auf Beitrag Nr.: 42.377.802 von hbg55 am 21.11.11 12:21:24

....denn die vorgelegten zahlen für q3.2011 können sich durchaus sehen
lassen......IMO



MDN Reports its Financial Results for Q3 2011 Profitable Third Quarter

MONTREAL, QUEBEC--(Marketwire - Nov. 7, 2011) - MDN Inc. ("MDN") (TSX:MDN) is pleased to release its interim financial report for the third quarter ended September 30, 2011. The interim financial report and management discussion and analysis can be found on the Corporation's website (www.mdn-mines.com) and on SEDAR (www.sedar.com).

The Corporation's revenues net of financial expenses for the quarter amounted to $3.6 million, including US$3.4 million from the available cash declared at the Tulawaka mine, payable under the terms of the joint venture agreement with African Barrick Gold.

The Corporation recorded a net income of $2.0 million or $0.02 per share attributable to its shareholders, compared to a net loss of $494,000 or $0.005 per share for the same period in 2010.

The Tulawaka gold mine in Tanzania produced 20,160 ounces of gold in the third quarter of 2011, up 29% from 15,646 ounces in the third quarter of 2010. This production increase resulted directly from the mining of higher-grade stopes underground, supported by improved mine equipment availability. This translated into a milled grade of 6.8 g Au/t compared to 4.1 g Au/t for the same period last year, as well as better recovery.

Total cash costs were $749 per ounce sold, unchanged from the same period last year. Cash costs for the year to date are $707 per ounce, 4% higher than for the same period last year.

In 2010, the two partners in the Tulawaka mine agreed to carry out an intensive exploration and development program aimed at extending the mine life. The program is still underway, and continues to generate good results. In the third quarter, the extension of the mine life was confirmed up until the end of 2012, and ongoing drilling indicates that it could yet be extended beyond 2012.
MDN INC.
SUMMARY OF OPERATING RESULTS
For the three months ended September 30 2011 2010
(In thousands of dollars, except per share amounts)
Revenues, net of financial expenses $ 3,574 $ (72 )
Administrative expenses $ 818 $ 588
Net income (loss) attributable to the shareholders of the Corporation $ 1,984 $ (494 )
Basic and fully diluted net income (loss) per share $ 0.02 $ (0.005 )
Number of shares outstanding (in thousands) 99,976 98,444

The Corporation had $9.8 million in working capital at September 30, 2011, compared to $8.3 million at June 30, 2010.

"The combination of the high gold prices and higher gold production allowed MDN to once again receive a royalty payment from the Tulawaka mine. This royalty payment, coupled with tighter cost control, translated into an operating profit for the quarter and the first nine months of the year," noted President and Chief Executive Officer Serge Bureau.

Exploration

In the third quarter of 2011, exploration in Tanzania consisted primarily of drilling on the Ikungu property and sampling at the Nikonga property. In Quebec, work involved exploration on the Samaqua property and planning of the MCGold drilling program.

Ikungu: In the third quarter of 2011, MDN did 2,376 metres of diamond drilling and 731 metres of reverse circulation drilling. A total of 2,312 samples were sent to the laboratory, and all the assay results were received.

Compilation of the results for the 53 holes drilled so far along a four-kilometre strike length of the Ikungu structure has outlined four zones with higher gold grades and a minimum horizontal thickness of two metres. These zones are formed by the gold-bearing intervals around holes IKD-45 (8.6 g/t Au over 14.78 m) on Section 2230mE, IKD-48 (3.11 g/t Au over 9.50 m) on Section 2830mE and IKD-51 (3.39 g/t Au over 7.05 m) on Section 3190mE.

The marked thickening of the structure at depth indicates good potential for the identification of resources in these areas.

Nikonga: MDN carried out initial surface sampling during a mapping program. The results are considered very encouraging, with the eastern sector returning grades ranging from 4 g/t gold to a maximum value of 33 g/t gold. The high gold grades (over 20 g/t gold) and geological settings of this property are reminiscent of the situation at Ikungu when MDN acquired the project in 2008.

MCGold: In the third quarter, management prepared for the next drilling program on this project. Drilling began on October 17, 2011, and will include 10 holes from 200 to 400 metres long for a total of 3,250 metres of drilling on eight sections. The program will test the western extension of the resource over a distance of more than one kilometre at regular intervals.

Samaqua: MDN controls 98 km2 of ground covering a geophysical response similar to the one associated with the Niobec niobium mine. The magnetic signature lies 23 km southeast of the Crevier deposit and 130 km northwest of the Niobec mine. A prospecting program was carried out in July 2011. Carbonate- and nepheline-type syenite outcrops were found 300 metres south of the latest holes drilled on the Crevier property. Grades of 2,274 ppm Nb2O5 and 256 ppm Ta2O5 were obtained. These outcrops indicate that the Crevier dyke containing grades similar to those of the main deposit extends an additional 300 metres to the SE.

On the Samaqua and Crevier SE properties, there are dikes, generally striking NW-SE, that are enriched in barium (Ba), strontium (Sr) and zirconium (Zr). Compilation of the Ba grades shows groups of dikes in the vicinity of the circular magnetic anomaly and along the Crevier deposit extension. These could indicate the presence of a nearby alkaline or carbonatite intrusive.

Crevier Project Development

The feasibility study that started in early 2010 is progressing. However, a delay in the preparation and execution of pilot plant testing has caused a delay in the preparation of the overall feasibility study.

The main activities in the third quarter focused on metallurgical development and the search for a strategic partner.

Metallurgical development efforts were primarily focused on analysing the results of pilot testing and understanding and explaining the differences between the results of the pilot testing compared to the tests done in the laboratory. Additional work is required to explain the differences in niobium and tantalum recoveries and quantities of reagents used to process the ore.

The additional work done in the third quarter failed to satisfactorily explain the differences seen between laboratory testing done in 2010 by SGS Lakefield and the results obtained from pilot testing produced by the same consultant. Management feels that lower recoveries that vary from test to test and the addition of a substantial quantity of reagents at the floatation stage (resulting in a higher processing cost) need to be explained and corrected before moving on to the final stage of the feasibility study.

SGS, who is in charge of this part of the study, is recommending that a series of tests be added to the work program to better define some of the metallurgical parameters of the ore floatation process. This additional work will cause a delay in the schedule of the feasibility study as well as the overall project. These schedules will therefore be modified over the coming weeks.

"Despite this delay in the preparation of the feasibility study, management maintains its high level of confidence and interest in the development of the Crevier project. My experience in the mining industry tells me that it is better to take the required time at the planning and design stage, and thus ensure that we are successful once the mine goes into production," said Serge Bureau, President and Chief Executive Officer of MDN.

One of the objectives of the pilot trial was to produce an enriched niobium/tantalum concentrate. This aspect of the program was a success, and work can now proceed on development of the hydrometallurgy process, the second stage of processing after flotation. SGS Lakefield designed the work plan, approved by MDN, and work has now begun. This part of the program will allow the entire mineral processing circuit to be completed and refinery design and cost evaluation to begin.

MDN also pursued its search for a strategic partner to support the next stages of the Crevier project development, in collaboration with Price Waterhouse Coopers Corporate Finance (PwCCF).

The PwCCF offices in Asia, North and South America and Europe served as points of contact for the various investors contacted. Many confidentiality agreements were signed with various groups, and interested investors and groups are now reviewing the project.

Effective January 1, 2011, International Financial Reporting Standards ("IFRS") replaced Canadian GAAP for companies having to report to the public. As a result, MDN began reporting under IFRS for interim and annual periods as of January 1, 2011, with comparative information for 2010 restated under IFRS.

Marc Boisvert, geological engineer, Vice President, Exploration, and a qualified person under National Instrument 43-101 has reviewed the technical and scientific information in this news release.

About MDN

MDN Inc. (TSX:MDN) is a mining exploration and development company with sufficient financial resources to develop its projects in Quebec and Tanzania. MDN is also active in the search for new business opportunities that can increase shareholder value.

In addition to its 30% participating interest in the Tulawaka gold mine, MDN is the operator and owner of a majority interest in mineral licenses totalling 757 km2 in the vicinity of the Tulawaka mine. MDN Inc. also owns a 72.5% interest in Crevier Minerals Inc. which owns an NI 43-101 niobium-tantalum resource in the Lac-Saint-Jean area of Quebec. MDN has an option to increase its equity participation in Crevier Minerals Inc. to a maximum of 87.5%. Additional information is available on MDN's website at www.mdn-mines.com

The Tulawaka project is a contractual joint venture between MDN (30% interest) and Pangea Goldfields Inc. (70% interest), an indirect, wholly-owned subsidiary of African Barrick Gold plc, the project operator and owner through its subsidiary Pangea Minerals Ltd. Disclosure on the Tulawaka gold mine is based on information provided by the operator.

[hbg55]

...fürn heutigen tiefroten tag gar keine so üble perf............






RT.......cad 0,23

[hbg55]

Antwort auf Beitrag Nr.: 42.380.915 von hbg55 am 21.11.11 21:39:12

moin MDN-lers,


es tut sich was - mit zweithöchstem vol. gings heute grün aus einem ansonsten
roten markt heraus........mit folg. LASTS........


Recent Trades - Last 10 of 26
Time ET Ex Price Change Volume Buyer Seller Markers


15:55:10 T 0.215 0.005 2,000 33 Canaccord 85 Scotia K
15:55:10 T 0.23 0.02 3,000 33 Canaccord 79 CIBC K
15:22:41 T 0.215 0.005 2,500 2 RBC 85 Scotia K
15:03:20 T 0.215 0.005 500 19 Desjardins 85 Scotia K
15:03:10 T 0.21 500 19 Desjardins 80 National Bank K
15:02:08 T 0.205 -0.005 6,000 19 Desjardins 48 Laurentian K
15:02:08 T 0.205 -0.005 1,000 19 Desjardins 39 Merrill Lynch K
14:39:19 T 0.205 -0.005 38,000 80 National Bank 48 Laurentian K
14:39:19 T 0.205 -0.005 2,000 1 Anonymous 48 Laurentian K
14:36:33 T 0.205 -0.005 50,000 80 National Bank 48 Laurentian K

[hbg55]

Antwort auf Beitrag Nr.: 42.501.302 von hbg55 am 20.12.11 00:06:17

meeeeeehr infos sind in folg. presi aus 12.2011 zu finden......

http://www.mdn-mines.com/pdf/presentation/MDN%20%20Presentat…

[hbg55]

Antwort auf Beitrag Nr.: 42.013.611 von hbg55 am 29.08.11 00:04:57

....grad gestern erst wieder !!!!

[hbg55]

....und nun gehts los........in eine hofftl. erfolgr. bohr- saison als
in 2011...............


MDN Begins Drilling at the Nikonga Project in Tanzania

MONTREAL, QUEBEC--(Marketwire - Jan. 26, 2012) - MDN Inc. ("MDN") (TSX:MDN) is pleased to announce the beginning of the February drill program on its wholly-owned Nikonga project in Tanzania. The program, consisting of 15 RC holes totaling 1600 m, will test two gold-in-soil anomaly trends of two kilometer strike length each.

In 2011, MDN geologists carried out initial sampling during a mapping program on the Nikonga project, and the results were very encouraging, with the eastern sector returning grades ranging from 4 g/t gold to a maximum of 33 g/t gold.

The first drill target is the main structure, Kezeria, which strikes at 290° and where the highest value of 33 g/t gold was obtained. The second target is a sub parallel structure striking at 306°, about 500 m to the north of Kezeria. This site returned a maximum grade of 23.7 g/t gold..........


http://tmx.quotemedia.com/article.php?newsid=47838518&qm_sym…

[hbg55]

Antwort auf Beitrag Nr.: 42.657.732 von hbg55 am 27.01.12 13:47:10

....derweil klingelts bei MDN in der kasse


MDN Inc. Receives Payment of US $6.17 Million

MONTREAL, QUEBEC--(Marketwire - March 6, 2012) - MDN Inc. (MDN)(TSX:MDN) is pleased to inform its shareholders that African Barrick Gold plc (ABG), which operates the Tulawaka gold mine in Tanzania, has announced the total royalty payment of cash available for distribution attributable to 2011. MDN has a 30% participation interest in the Tulawaka mine.

The total amount received by MDN for 2011 is US $6.17 million, including payment of US $1.2 million that was remitted at the end of the first half of 2011.

This amount, which is the result of an excellent performance of the mine in 2011, has been entered in the financial statement of MDN for the period terminating December 31st, 2011, as an operating royalty cash payment received from the operation of the mine, which will be published at the end of March. The total payment was received by MDN in February 2012.

During the past two years, ABG has dedicated much effort to improve the underground production and to extend the life of the mine. "We are very pleased that these efforts have achieved their objectives", stated Serge Bureau, President and CEO of MDN.

About MDN

MDN Inc. (TSX:MDN) is a mining exploration and development company exploring and developing projects in Quebec and Tanzania. The company is also active in the search for new business opportunities that can increase shareholder value. As well as holding a 30% participating interest in the Tulawaka gold mine, MDN has also discovered gold in Tanzania at the Ikungu property, where four high-grade gold zones have been identified. MDN Inc. also owns a 72.5% interest in Crevier Minerals Inc., which owns an NI 43-101 niobium-tantalum resource in the Lac-Saint-Jean area of Quebec. MDN has an option to increase its interest in Crevier Minerals Inc. to 87.5%. Additional information is available on MDN's website at www.mdn-mines.com.

Forward-Looking Statements Other than statements of historical fact. all statements in this release that address events or developments that the Company expects to occur are forward-looking statements. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions. such statements are not guarantees of future performance. and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements are discussed in greater detail in the Company's most recent Annual Information Form filed on SEDAR. which also provides additional general assumptions in connection with these statements. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the factors mentioned in the Annual Information Form as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in those forward-looking statements are reasonable. but no assurance can be given that these expectations will prove to be correct. and as such. the forward-looking statements in this press release should not be unduly relied upon. These statements speak only as of the date of this press release.

https://twitter.com/#!/MDN_INC

http://www.mdn-mines.com/en/rss/

[hbg55]

Antwort auf Beitrag Nr.: 42.900.902 von hbg55 am 14.03.12 16:09:42

MDN Reports its 2011 Financial Results
40% increase in gold production at the Tulawaka mine Net profit of $ 1.6 million for MDN

MONTREAL, QUEBEC--(Marketwire - March 23, 2012) - MDN Inc. ("MDN") (TSX:MDN) is pleased to release its audited financial statements for the financial year ended December 31, 2011. The management discussion and analysis and audited financial statements will be found on the Company's website (www.mdn-mines.com) and on SEDAR Monday March 26 (www.sedar.com).

Total gold production for the Tulawaka mine in Tanzania was 84,101 ounces in 2011, up 40% from the previous year due to a higher grade of ore from the underground mine and ore feed from the western extension of the west pit, which kept the mill running at full capacity.

In 2011, underground exploration led to the renewal of most of the mineral reserves mined (95%) and a significant increase (20%) in the mineral resource, suggesting the possibility of a longer mine life. African Barrick Gold plc is the mine operator.

In 2011, the Tulawaka mine generated total revenues of US $131.4 million, and production and development costs were US $ 98 million. The Tulawaka mine continues to generate operating profits, which amounted to US $33.4 million in 2011.

For 2011, MDN is reporting revenues of $ 6.5 million compared to $ 134 thousand in 2010. Revenues consisted of the Tulawaka royalty of US $6.17 million and interest income on the Company's various investments. Consequently, the Company posted net earnings of $1.6 million in 2011, compared to a net loss of $3.4 million in 2010.

Serge Bureau, President and Chief Executive Officer of MDN, said that: "In 2011, the Tulawaka royalty set MDN apart from many junior mining companies, enabling us to generate a net profit of US $ 1.6 million despite expenditures of $ 3.5 million. Our investments in our exploration and development properties continue to demonstrate their potential.

The Company enjoys a healthy balance sheet, with no debt and a working capital of $10.44 million as at the end of 2011."

SUMMARY OF OPERATING RESULTS
MDN Financial Highlights
Year ended December 31 2011 2010
(In thousands of dollars, except per share amounts)

Revenues 6,330 (76 )
Administrative expenses 3,521 3,957
Net profit (loss) 1,611 (3,442 )
Basic and fully diluted net gain (loss) per share 0.016 (0.035 )

Weighted average number of shares outstanding (in thousands) 99,681 97,495

Summary of Results for the Tulawaka Gold Mine (100%)1
Year ended December 31 2011 2010

Gold production (oz) 84,101 60,134
Gold sales (oz) 83,450 63,909
Average selling price / oz (US $) 1,575 1,227
Total revenues (millions of US $) 131,4 79.2
Production costs / oz (US $) 727 709
Net profit (millions of US $) 33.4 11.9
[1] MDN's 30% interest

Exploration in Tanzania

Throughout 2011, MDN pursued its exploration program in Tanzania on the properties it controls in the vicinity of Tulawaka and on its Ikungu property north of Mwanza. On Ikungu, drilling confirmed more than 4 km of strike extension of the gold structure, as well as the presence of four higher-grade gold mineralized lenses. A first exploration program was carried out in 2011 on the Nikonga property, strategically located only 40 km from Tulawaka. Surface sampling established the presence of high-grade gold zones, and the diamond drilling that commenced in early 2012 has confirmed the continuity of these structures.

In Quebec, two properties strategically located in Plan Nord territory

In Quebec, exploration work continued on McGold, confirming the westward extension of the mineralized zones. MDN also acquired 175 claims to the southeast of the Crevier niobium-tantalum project. This new acquisition means that MDN now controls the ground that covers Crevier's southeastern extension, which contains a geophysical anomaly similar to the one, associated with the Niobec niobium mine.

Crevier Project Development

Since the filing of the Preliminary Economic Assessment for the Crevier project in January 2010, all our efforts have been devoted to preparing the project feasibility study. In 2011, the results obtained from pilot plant flotation testing showed a variable recovery rate and higher reagent consumption than anticipated. These parameters are crucial to process control and need to be better defined. We therefore decided to proceed with a second set of tests to improve our control over these metallurgical parameters. The new tests will be done this summer, and provided they are successful, the feasibility study should be filed in late 2012.

Part of the hydrometallurgy test work needed to develop the niobium and tantalum oxide recovery circuit was carried out in the first quarter of 2012 and proved very successful.

We remain convinced that the Crevier project is one of the niobium-tantalum projects with the best chance of being developed in the coming years. In 2011, MDN increased its stake in the Crevier project to 72.5%, confirming its continued interest in developing the project. Our partner Iamgold owns 27.5%. The development of the Crevier project needs the support of a strategic partner and discussions are underway.

About MDN

MDN Inc. (TSX:MDN) is a mining exploration and development company exploring and developing projects in Quebec and Tanzania. The company is also active in the search for new business opportunities that can increase shareholder value. As well as holding a 30% participating interest in the Tulawaka gold mine, MDN has also discovered gold in Tanzania at the Ikungu property, where four high-grade gold zones have been identified. MDN Inc. also owns a 72.5% interest in Crevier Minerals Inc., which owns an NI 43-101 niobium-tantalum resource in the Lac-Saint-Jean area of Quebec. MDN has an option to increase its interest in Crevier Minerals Inc. to 87.5%. Additional information is available on MDN's website at www.mdn-mines.com

The Tulawaka project is a contractual joint venture between MDN (30% participating interest) and Pangea Goldfields Inc. (70% participating interest), a wholly-owned, indirect subsidiary of African Barrick Gold plc, the project operator and owner through its subsidiary Pangea Minerals Ltd. Information published on the Tulawaka gold mine is based on information provided by the operator.

Forward-Looking Statements Other than statements of historical fact. all statements in this release that address events or developments that the Company expects to occur are forward-looking statements. Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions. such statements are not guarantees of future performance. and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements are discussed in greater detail in the Company's most recent Annual Information Form filed on SEDAR. which also provides additional general assumptions in connection with these statements. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the factors mentioned in the Annual Information Form as well as the uncertainties they represent and the risk they entail. The Company believes that the expectations reflected in those forward-looking statements are reasonable. but no assurance can be given that these expectations will prove to be correct. and as such. the forward-looking statements in this press release should not be unduly relied upon. These statements speak only as of the date of this press release.

Follow us on Twitter: http://twitter.com/MDN_INC

RSS: http://www.mdn-mines.com/en/rss/

[hbg55]

Antwort auf Beitrag Nr.: 42.954.649 von hbg55 am 26.03.12 12:55:39

.....uuuuuund noch ne GOOOOD news mit BEs von NIKONGA.........heute.....


MDN's Initial Drilling Campaign at Nikonga Intersects 12.3 g/t Au Over 4.2 Meters and 10.9 g/t Au Over 4.9 Meters

MONTREAL, QUEBEC--(Marketwire - March 27, 2012) -

Editors Note: There is a map associated with this press release.

MDN Inc. ("MDN") (TSX:MDN) is pleased to report that it has received the assay results for all the holes of its first 2012 drill program at the Nikonga gold project in Tanzania. MDN owns 100% of the project.

These results confirm the presence of high-grade gold mineralization in the Kezeria Main structure, located 500 meters south of Kezeria North structure, for which results were reported in a previous press release (March 1, 2012). Hole NKD-02 returned two mineralized intervals, an eight-meter long vein of quartz tourmaline and a 4.9-meter section of felsic porphyry intrusive with quartz tourmaline veinlets. Hole NKD-02 stopped at 112 meters in a quartz tourmaline gold-bearing zone in a quartz feldspath porphyry intrusive, with the last sample at the bottom of the hole returning a grade of 13.1 g/t Au over one meter. Our priority is to resume drilling as soon as the rainy season allows us to remobilise the drill rig, with a proposed aggressive drilling program.

To access drill results map, follow this link: www.mdn-mines.com/pdf/cartes/Nikonga_2012_Drill_Results.pdf

The drill program revealed three styles of mineralization:

Quartz veinlets (stockwerk) in argillite shale rock,
Massive quartz-tourmaline veins, and
Quartz tourmaline veinlets in quartz porphyry intrusive.

The three styles of mineralization form two gold bearing structures 500 meters apart, located adjacent or parallel to a quartz feldspath porphyry intrusive with gold-enriched quartz-tourmaline veinlets.

"The presence of several styles of mineralization, the quality of the assay results and the geological setting are all indications of the existence of a significant gold-bearing system, a discovery for MDN," said Marc Boisvert, MDN's Vice President of Exploration.

The Nikonga property is located 40 km along strike southeast of the Tulawaka mine in Tanzania, 30% owned by MDN.

Kezeria Main structure results................


http://tmx.quotemedia.com/article.php?newsid=49755870&qm_sym…

[hbg55]

Antwort auf Beitrag Nr.: 42.963.104 von hbg55 am 27.03.12 20:02:11

...DAS verleiht dem kurs flügel......bis zur widerstandsmarke bei
cad 0,30........vorerst !!!

[hbg55]

Antwort auf Beitrag Nr.: 42.963.104 von hbg55 am 27.03.12 20:02:11

stimmung auch in CAN beachtlich optim...........wie nachfolg. SH-beitrag
demonstriert........


It reminds me the type of results that were released at Tulawaka in the first years. The grade is high and te thickness looks very good.

The big difference ? MDN owns it at 100%. This is very positive.

And MDN has the suffucient money to get it further. That's a wake-up call. Now let them the time to drill it. By the end of this year, it could be very interesting to see what will happen with Ikungu and Nikonga.

Crevier will become the next mine with some delay, it's true but with the right parameters to build the concentrator.

Pierre013