Dunnedin Announces Gold Exploration Plans And Spinout Record Date

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[{"type":"text","content":"Dunnedin Announces Gold Exploration Plans And Spinout Record Date(via TheNewswire)\n \n \nMay 11, 2017 / TheNewswire / Vancouver, BC, Canada. - Dunnedin Ventures Inc. (the \"Company\" or \"Dunnedin\") (TSX-V: DVI) today reported that the date of record for a Plan of Arrangement to spin out rights to gold mineralization at its Kahuna project, Nunavut, will be June 30, 2017.\n\n \n \nThe Company also announces its exploration plans to define drill targets across its Kannuqa gold belt, an approximately 300 square kilometre folded greenstone belt that has sourced widespread gold-in-tills, gold-in-bedrock, and gold in drill core, and is surrounded by Agnico Eagle Mines Ltd.'s (TSE: AEM; \"Agnico\") Meliadine project to the north, west and south.\n\n \n \nFigure 1: Exploration blocks at the Kannuqa belt, one of four gold belts at Kahuna. Adjacent gold projects shown in inset; Agnico's Meliadine project and NxGold Ltd.'s (TSX-V: NXN) Kuulu project.\n\n\n \n\nClick Image To View Full Size\n\n \n \nThe Kannuqa belt is one of four gold-bearing metasediment belts have been explored at Kahuna. Details of the other gold belts will be made available as results of last summer's exploration are received. The Kannuqa belt covers approximately 300 km2 (30,000 Ha), and has been divided for exploration purposes into 11 blocks averaging 25 square kilometres each. All blocks contain gold occurrences as follows.\n\n \n \nTable 1: Kannuqa Gold Belt sample results combined from historic data and Dunnedin's 2015 till survey. \n\n \n\nBlock\n\n\n \n\nApprox.\n\n\n\nArea\n\n\n\n(km2)\n\n\n\n\nNumber of Till Samples\n\n\n\n\nTotal Gold Grains\n\n\n\n\nAvg. Grains Per Sample\n\n\n\n\nTotal Pristine Grains\n\n\n\n\nBedrock\n\n\n\nHas Been Sampled for Gold\n\n\n\n\nHas Been Drilled for Gold\n\n\n\n\n1\n\n\n\n\n22\n\n\n\n\n10\n\n\n\n\n61\n\n\n\n\n6\n\n\n\n\n6\n\n\n\n\nYes\n\n\n\n\nYes\n\n\n\n\n2\n\n\n\n\n25\n\n\n\n\n8\n\n\n\n\n70\n\n\n\n\n9\n\n\n\n\n7\n\n\n\n\nYes\n\n\n\n\nYes\n\n\n\n\n3\n\n\n\n\n33\n\n\n\n\n12\n\n\n\n\n97\n\n\n\n\n8\n\n\n\n\n9\n\n\n\n\nNo\n\n\n\n\nNo\n\n\n\n\n4\n\n\n\n\n33\n\n\n\n\n9\n\n\n\n\n136\n\n\n\n\n15\n\n\n\n\n12\n\n\n\n\nNo\n\n\n\n\nNo\n\n\n\n\n5\n\n\n\n\n21\n\n\n\n\n11\n\n\n\n\n348\n\n\n\n\n32\n\n\n\n\n59\n\n\n\n\nNo\n\n\n\n\nNo\n\n\n\n\n6\n\n\n\n\n20\n\n\n\n\n4\n\n\n\n\n96\n\n\n\n\n24\n\n\n\n\n17\n\n\n\n\nNo\n\n\n\n\nNo\n\n\n\n\n7\n\...

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