Ditem: Up to 6.73% TREO on the Lalande Property
MONTREAL, QUEBEC -- (Marketwire) -- 11/08/11 -- Ditem (TSX VENTURE: DIT) is pleased to announce the results of the laboratory analysis of rock samples taken during the July/August exploration program on the Lalande property. A total of 173 rock samples (all saw cut, 20 cm x 20 cm x 5 cm) from four different sectors of the Lalande property were analysed and returned grades of up to 6.73% total rare earth oxides (TREO) including yttrium oxide. Of the 173 samples, 77 were taken in the central section of the permit (A Zone) where two important mineralized surface showings are located.
The two major surface showings of the A zone, measuring about 350m x 100 m and 250m x 80m, are characterized by high grades of up to 5.6% and 6.13% TREO, with a cut-off of 1.0% TREO. Although these two surface showings are separated by overburden, they may well constitute one larger zone. Significant marketable light and heavy rare earth oxides (LHREO) returned grades of up to 13840 ppm (1.4%) La2O3, 3919 ppm (0.4%) Pr2O3, 13875 ppm (1.4%) Nd2O3, 1423 ppm (0.14%) Dy2O3, 18 ppm (0.002%) Eu2O3, 177 ppm (0.02%) Tb2O3 and 10515 ppm (1.05%) Y2O3. Other mineralized showings found in the area had grades of up to 6.73% TREO.
The 2011 geological survey results indicate that rare earth occurrences are associated with garnet-bearing biotite and monazite-rich pegmatite. Pegmatite bodies are located at the contact between metasedimentary rocks and granitic intrusions. Preliminary geological data suggest that rare earth occurrences of the Lalande property could be related to rare earth element (REE)-bearing pegmatite deposits associated with igneous complexes. In northern Quebec, Quest Minerals Strange Lake deposit with an indicated resource of 36.4 Mt at 1.16% TREO on the B Zone, is an example of such REE - bearing mineral deposits.
The Lalande property contains 162 map designated Ditem claims covering 8910 hectares (89.1km2). It is located 12 km northwest of the town of La Romaine, situated on the North Shore Region of the St. Lawrence River. The town of La Romaine (Unamen Shipu, in Innu), with a population of more than 1,000, has both airport and port facilities. An all-season road (the 138) from Sept-Iles to La Romaine, presently under construction, is now past Natashquan and should be completed to La Romaine (and close to the property) in 2016, adding a significant infrastructural advantage to the Lalande property.
'We were convinced that there would be interesting showings on Lalande and we are pleased to confirm both higher grades and larger mineralized zones,' said Mr. Raymond Savoie, Chairman and CEO of Ditem. 'Drilling as soon as possible on the Lalande property is proposed in order to establish the grades and depth of the mineralised zones.
Ditem Explorations is an exploration and development company with properties in the Athabasca Basin in Saskatchewan, the Otish Basin (Otish Uranium and Lac Henri) and on the North Shore near La Romaine (Lalande) in Quebec. Properties and general information may be viewed on the Company's website at www.ditem.com.
Mr. Mario Joly (M.Sc), President of Ditem Explorations is the Qualified Person (as that term is defined in National Instrument 43-101) who has reviewed this news release and is responsible for the technical information reported herein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Ditem Explorations Inc.
Mario Joly
President
(514) 875-9034
mario.joly@ditem.com
David Vincent
Director, Investor Relations
(514) 875-9034
david.vincent@ditem.com
www.ditem.com
