This overview of our 55 mining property concessions will be updated on a regular basis as Douglas Lake Minerals implements its property exploration and development as well as acquisition program.

The possibilities for discovery of gold, copper, nickel, uranium and diamonds  are significant. In the absence of any exploration capital, the performance of a number of our concessions has already been proven by local artesian miners. Using primitive, non-mechanized methods, these local miners have discovered and extracted significant quantities of gold and diamonds.

Our flagship property, Mbwemkuru consists of four prospecting licenses covering 430 square kilometers. With economic grades between 1 and 5 grams, and in some areas as high as 40g/t, this property has the potential to be a world-class alluvial operation. It is currently in production generating between 150 to 200 ounces of high grade gold per month with no mechanized mining equipment. With an expenditure of $2 million, the company plans to be in early production generating as much as 100,000 ounces of gold per year. DLKM’s geological team is conducting systematic sampling and mapping work to help determine the size and potential of the property. The Mbwemkuru Project is located in SE Tanzania and easily accessible by dirt and paved roads only 650 km from Tanzania's capital, Dar es Salaam.

Douglas Lake Minerals’ president, Harp Sangha is implementing plans for an aggressive exploration program in conjunction with our strategic alliance partners, among them, Canaco Resources Inc. (TSX-V: CAN). The Canaco initiative is be led by their Chairman and C.E.O. and geological expert, Andrew Lee Smith.

Douglas Lake Minerals has purchased 100% of the mineral rights for 55 mining concessions. These rights confer to the company all interests to the minerals contained on the properties. After the initial three year mining lease comes up for renewal, 50% of the concession has to be relinquished. .

    Click on DLKM property names for more information.