MONTREAL - November 6, 2013 (Investorideas.com Mining stocks
newswire) DNA Precious Metals, Inc. (DNAP) announces that the Company
has closed an agreement to acquire the complete geological data resource
on the Montauban Mine, in addition to its October 22, 2013 press
released "Binding Agreement to acquire an undivided one hundred percent
(100%) interest for all of the Montauban Mine Property located in
Notre-Dame-de-Montauban, Quebec, Canada".
The geological data, dating from the start of production in 1914 to
the last exploration in 2011, consists of over 1000 reports, drill
logs, geological maps of near surface deposits, maps of underground mine
workings, digital files and a Gemcom modeling of the mine. The
acquisition fast tracks the timeline on Montauban and enables DNA to
immediately commence a NI 43-101 compliant report on the Montauban Mine,
which currently has a non compliant historic near surface resource of
over 1M tons of 3.4 g/t Au and approximately 1 ounce per ton silver as
well as significant underground potential from this past producer.
"We are excited about the acquisition of the data resource assets
due to the potential of the historical mineral resources. Over 1Mt of
resource have been identified with historical drilling on the Montaban
Mine project, which given its location, geology and metallurgy, could
generate value for our shareholders," commented Ronald Mann, President
and
Chief Executive Officer
of DNA Precious Metals. "These assets came to the attention of DNA
through our research as we continue to focus on the development of our
flagship Montauban Mine Project in Quebec, Canada and as we target
updating our current resource estimate to define a mineable resource to
bring into production."
About DNA Precious Metals, Inc.
DNA Precious Metals, Inc. is focused on near term production of the
Montauban tailings mine in the Province of Quebec, Canada with an
aggressive search for economic production
assets
. The company trades on the OTCQB market in the United States under the stock symbol DNAP. For more information, please go to
www.DNAPreciousMetals.com .
On behalf of the Board
Ronald K. Mann, CEO
Forward Looking Disclaimer
This release contains forward-looking statements that involve risks and uncertainties. Readers are referred to the
Securities and Exchange
Commission filings filed by the Company on EDGAR at
http://www.sec.gov/edgar.shtml, specifically the most recent reports
which identify important risk factors that could cause actual results to
differ from those contained in the forward-looking statements. The
Company undertakes no obligation to review or confirm analysts'
expectations or estimates or to publicly release any revisions to any
forward-looking statements. The information contained in this press
release should not be construed as any indication of the Company's
future stock price, its revenues or results of operations.
CONTACT INFORMATION
Ronald Mann, CEO
DNA Precious Metals Inc.
ronald.mann1@dnapreciousmetals.com
Twitter:
www.twitter/dnametals
Facebook:
www.facebook.com/dnametals
INVESTOR RELATIONS
Stuart T. Smith, CEO
SmallCapVoice.Com, Inc.
ssmith@smallcapvoice.com
Tel: +1-(512)-267-2430
Skype: SmallCapVoice.com
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