Dunnedin Ventures Inc.

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Dunnedin Ventures Inc. (TSX.V:DVI) is an exploration company based out of Vancouver, BC. Our main focus is the 100% owned, advanced stage Kahuna Diamond Project in Nunavut, Canada.

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Dunnedin Ventures Inc.

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Dunnedin Ventures Inc. (TSX.V:DVI) is an exploration company based out of Vancouver, BC. Our main focus is the 100% o......

people5 Members       (0)

8020 Admin posted a press release Dunnedin Ventures - Year-End 2018 President's Letter in Dunnedin Ventures Inc.

Vancouver, British Columbia--(Newsfile Corp. - January 10, 2019) -  Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") President, Claudia Tornquist today provides a year-end review of the Company's activities and progress in 2018.

Dear Investor,

2018 marked a busy and exciting year for Dunnedin that saw progress on many fronts:

  • Our initial drill program considerably advanced the Kahuna diamond project
  • We extended two high-grade diamond bearing dikes through drilling and geophysics
  • Industry-leading kimberlite dike experts have been retained to advise on the advancement of our diamond resources
  • We furthered our exploration for diamondiferous kimberlite pipes and significantly narrowed down the most prospective area for a potential discovery
  • A till sampling campaign was completed in order to prioritize kimberlite pipe targets for follow-up drilling
  • The newly acquired MPD copper project joins our Trapper project to form a strong copper-gold porphyry portfolio in British Columbia
  • We strengthened our board with the addition of Steven Krause
  • We completed the spin-out of the gold mineralization rights on the Kahuna project into Solstice Gold Corp, which commenced trading on the TSX-V
  • Over the year Dunnedin raised $3.5 million through private placements and our advisor Dr. Charles (Chuck) Fipke increased his share in the company to over 10% through his participation

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Figure 1: Diamonds from the Kahuna Project

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3803/42071_56b3fe32d4136848_002full.jpg

Initial Drill Program at Kahuna

Dunnedin set out to drill-test the targets we determined following three years of analyzing historic data and probing thousands of surface samples for diamond indicator minerals (DIMs). We took a prudent approach by relying on the surface exploration methods that our advisor and largest shareholder, Dr. Charles (Chuck) Fipke used to discover Canada's Ekati mine, before embarking on our drill program. Our initial drilling program was successful on two sides:

Kimberlite Dikes

We drilled significant extensions to two diamond bearing, high-grade kimberlite dikes. These expand the quantity of diamondiferous kimberlite that has been confirmed on the property to date, as neither body is yet included in our maiden inferred resource of 4 million carats (see resource estimate, DVI website) and target for further exploration (see TFFE estimate, DVI website). To date we now have approximately 20 km of kimberlite dikes defined through drilling and geophysics and the Kahuna property hosts many more linear structures that remain largely untested and collectively comprise over 100 km of prospective, potentially kimberlite-bearing targets.

To further the potential of our kimberlite dikes Dunnedin has engaged SRK Consulting to develop options to expand the existing inferred diamond resource on the Kahuna and Notch dikes, incorporate the numerous other proven diamondiferous dikes on the Kahuna property and assess conceptual mining methods. We expect the results of this study in Q1 2019.

Kimberlite Pipes

We have significantly narrowed down our main target area for kimberlite pipes on our large property where we hold diamond rights over 1600 km2, to a 10 km2 area that shows a high concentration of high-quality DIMs. This section in the northeast of the property is known as the Josephine Target Area.

Through till sampling and drilling programs, we were able to show that known and weakly diamondiferous kimberlites in this area were not the sources of the abundant DIMs in till, which indicates that there must be one or several yet-to-be discovered sources for these DIMs nearby. To zero-in on these sources we collected another batch of nearly 1,000 surface samples in the autumn of 2018 and we expect the priority results from these samples in the coming weeks.

Copper Portfolio Provides Additional Discovery Potential

In 2018 Dunnedin also started to actively explore options to unlock the value of its 100% owned Trapper copper-gold porphyry project in BC's prolific Golden Triangle, on the heels of several high-profile porphyry exploration successes in the province. In November we strategically acquired 100% of the historically drilled, and recently consolidated, MPD property in South-Central British Columbia. Like Trapper, MPD has immediate exploration upside and the potential to yield a major copper-gold porphyry system. The project is in a known, productive copper-gold porphyry belt with historically drilled grades similar to nearby producing mines. Dunnedin will provide further information on 2019 exploration plans at MPD as the project database is analyzed.

Strong Team & Strategic Alignment

On the management front, we were pleased to welcome Mr. Steven Krause to our Board of Directors. Steven is CFO of Viva Gold Corp. and former CFO of Bear Creek Mining. He was also former chairman of Luna Gold, where he led the $360m merger with JDL Gold to form Trek Mining. Steven's experience in finance, corporate development, and governance is a welcome addition to our high-caliber team of director and advisors.

We are also proud to be affiliated with some of the most successful exploration and resource development professionals in Canada through the Discovery Group, led by John Robins. With a shared philosophy of finding and advancing overlooked high-quality assets with good historic results and strong economic potential, several companies in this group have generated industry-leading returns for shareholders over the past year and certainly our CEO Chris Taylor is becoming well-known through the successes of our sister company Great Bear Resources, which made a significant high-grade gold discovery in Canada's Red Lake District.

Indeed, it is our intention replicate these successes to the benefit of Dunnedin shareholders. We have the underlying assets and the team to unlock their potential. Our belief in the discovery potential at Kahuna is as strong as ever and our copper portfolio provides us with additional options to create value. In 2019 we will be pursuing a variety of avenues for funding, exploring and monetizing our assets to the benefit of shareholders. Watch for more news early this year as we move our projects forward, and we thank you for your continued support.

Sincerely,

Claudia Tornquist
President

Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this release.

For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360 or khenderson@dunnedinventures.com.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Claudia Tornquist
President

About Dunnedin Ventures Inc.

Dunnedin Ventures Inc. (TSXV: DVI) is focused on its 100% owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets. The Company holds diamond interests in 1,664 km2 of mineral tenure located 26 kilometres northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news release dated March 31, 2015). Dunnedin's drilling is aimed at the discovery of diamondiferous kimberlite pipes, and the Company is working with advisor and largest shareholder Dr. Chuck Fipke to define and prioritize drill targets based on an extensive historic data set, and diamonds and indicator minerals recovered from a series of kimberlite and till samples over four seasons of field work. Dunnedin also holds a 100% interest in the Trapper Porphyry Project in the northern "Golden Triangle" region of British Columbia, and the MPD Project in south-central British Columbia near Princeton. The Trapper and MPD Projects are interpreted to overlie gold-rich copper porphyry systems having surface geochemical, geophysical and regional alteration signatures of considerable size. Based in Vancouver, Dunnedin is backed by a world-renowned team of exploration experts with decades of combined exploration experience and significant capital market strength.

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

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8020 Admin

1 month

8020 Admin posted a press release Dunnedin Reports KH10-11 Results, Focuses Pipe Exploration & Retains Diamond Experts to Advance High Grade Kimberlite Dikes in Dunnedin Ventures Inc.

Dunnedin to Host a Webinar on Monday December 17th @ 11:00am PST/2:00pm EST

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2018) -  Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") today announced diamond recovery results from kimberlite pipe KH10-11 and plans to advance its diamond assets at its 100% owned Kahuna Diamond Project in Nunavut, Canada ("Kahuna").

Highlights include:

  • Kimberlite pipe KH10-11 is confirmed to be diamondiferous but low grade
  • Dunnedin's advisor Dr. Chuck Fipke recommends focussing pipe exploration efforts on the Josephine Target Area ("JTA") during 2019 and is prioritizing targets for drilling
  • The Company reports significant extensions to the strike length of its high-grade diamond dikes
  • Industry-leading kimberlite dike experts have been retained to advise on the expansion of the existing high-grade diamond resources and the advancement of other proven diamondiferous dikes

K10-11 Kimberlite Pipe & Focus of Future Kimberlite Pipe Exploration

Kimberlite pipe KH10-11 was identified during a geophysical data review in early 2018 and drilled during the summer program using rotary air-blast ("RAB") drilling. A representative 152.8-kilogram composite from hole 18-RAB-032 was selected between 12.2 and 109.7 metres depth and sent to CF Mineral Research Ltd. ("CFM") in Kelowna, British Columbia for analysis. Processing returned one diamond in the 0.212 - 0.300 mm sieve fraction. Results confirm the pipe is diamondiferous but likely low grade and further sample processing is not warranted at this time. Details of the drilling at KH10-11 and a map are in the Company's news release dated July 19, 2018.

The indicator mineral population recovered from KH10-11 differs from the abundant high-quality diamond indicator minerals ("DIM") present in the JTA. Superior DIM chemistry and dispersion at the JTA continue to highlight this as the most prospective area on the Kahuna property to host significantly diamondiferous pipes with the potential to host large diamonds.

Dr. Charles (Chuck) Fipke, Dunnedin's advisor and discoverer of Canada's first diamond mine at Ekati commented, "The abundance and quality of diamond indicator minerals in the Josephine Target Area is exceptional and we have also observed rare indicator mineral chemistry that is associated with large diamonds at producing diamond mines. The source of these indicator minerals is as yet undiscovered and this bodes well for a potential discovery. I will continue assisting the Dunnedin team with the exploration and target identification."

The Company is currently processing 109 high priority till samples collected this fall under Dr. Fipke's direction in the JTA. Dunnedin's maiden drill program in 2018 tested only a small number of targets in this high-priority area. Once an up-ice "cut-off" for DIM counts in the JTA is determined, further targets consistent with kimberlite pipes will be drilled.

Kimberlite Dike Extensions

As part of the 2018 exploration at Kahuna, Dunnedin carried out several ground geophysical surveys over known diamond-bearing dikes. Approximately 173-line kilometres in eight grids were surveyed using a combination of Very Low Frequency ("VLF") electromagnetics, OhmMapper capacitive-coupled resistivity and magnetic methods. The VLF and OhmMapper surveys were very successful at imaging and extending the strike extent of the kimberlite dikes targeted (see Figure 1).

Figure 1: Ground Geophysical Extensions at KD-24 and PST Dikes

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To view an enhanced version of Figure 1, please visit:
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Drilling at KD-24 in April 2018 extended the strike length of this dike to 225 metres. A subsequent VLF survey at KD-24 suggests a strike length of at least one kilometer, and that KD-24 may represent an offset southern extension of the Notch kimberlite, which is included in Dunnedin's maiden inferred resource. At PST, drilling in 2018 extended the strike of this dike to 350 metres. Similarly, an OhmMapper survey and previous mag surveys at PST infer a geophysical response of at least 500 metres. Both the KD-24 and PST dikes remain open along strike and down dip. Both of these highly diamondiferous kimberlites present upside over and above Dunnedin's inferred resources and are compelling targets for further drilling. Other known diamondiferous dikes include KD-13, KD-14, KD-16, Killiq and Jigsaw (see Figure 2). In total approximately 20 kilometres of kimberlite dikes have been defined at Kahuna through drilling and geophysics to date. These occur within a property-wide network of linear structures that may contain additional kimberlite occurrences but remains largely untested.

SRK Kimberlite Dike Study

Dunnedin has engaged SRK Consulting to develop options for expanding and progressing the existing inferred diamond resource on the Kahuna and Notch dikes, as well as incorporating the numerous other proven diamondiferous dikes on the Kahuna property. SRK will initiate the process by completing a high-level assessment of the geology, mineral resource model and conceptual mining methods of the diamond-bearing kimberlite dikes on the Kahuna Property.

Casey Hetman, P.Geo., Corporate Consultant at SRK said, "SRK has been providing industry-leading expertise in diamond geology, resource development and mining solutions to companies around the world. Our involvement in kimberlite dike hosted deposits globally and throughout Africa give us unique insight into what it takes to develop these into successful mines. Dunnedin has an opportunity to expand on its maiden resource and their project has all the right initial hallmarks to indicate that further staged evaluation work is warranted. We are looking forward to assisting Dunnedin to unlock the full potential of the diamond-bearing dikes at the Kahuna Project."

Figure 2: Diamond Bearing Dikes (labelled) on the Kahuna Property

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To view an enhanced version of Figure 2, please visit:
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Webinar

Dunnedin will host a webinar to discuss the Company's recent news and future exploration plans. The webinar will take place on Monday, December 17th at 11:00am PST/2:00pm EST. Management will be available to answer questions following the presentation. Online access and dial-in numbers are as follows:

Readytalk Platform (access at the time of event):

http://www.readytalk.com/join
* Access code: 5147677

Dial-In Numbers:

* Canada: +1-647-722-6839
* United States: +1-303-248-0285
* Access Code: 5147677

A replay of the webinar will be posted on Dunnedin's website at https://dunnedinventures.com/media/ the following day.

Technical Data - QA/QC

Diamond results reported herein are from RAB holes drilled during the summer of 2018. RAB samples were shipped to the CF Mineral Research Ltd. ("CFM") laboratory in Kelowna, BC for processing and caustic fusion analysis. The material was treated through an autogenous mill-fusion circuit with a lower size cut-off of 0.106 mm. Unlike other microdiamond recovery methods, the circuit can recover nearly all diamonds present in a kimberlite to a predetermined cut-off size, along with associated indicator minerals. Quality assurance protocols include industry standard chain of custody and security procedures during sampling and transport. CFM operates using reference standards, internal quality assurance protocols, security and operating procedures for processing, recovery and reporting of diamond results. The CFM laboratory is accredited and audited for international quality standards through the International Organization for Standardization/International Electrotechnical Commission (ISO/IEC) 17025:2005, which includes ISO 9001:2015 specifications.

Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this release.

For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360 or khenderson@dunnedinventures.com.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Chris Taylor 
Chief Executive Officer

Claudia Tornquist
President

About Dunnedin Ventures Inc.

Dunnedin Ventures Inc. (TSXV: DVI) is focused on its 100% owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets. The Company holds diamond interests in 1,664 km2 of mineral tenure located 26 kilometres northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news release dated March 31, 2015). Dunnedin's drilling is aimed at the discovery of diamondiferous kimberlite pipes, and the Company is working with advisor and largest shareholder Dr. Chuck Fipke to define and prioritize drill targets based on an extensive historic data set, and diamonds and indicator minerals recovered from a series of kimberlite and till samples over four seasons of field work. Dunnedin also holds a 100% interest in the Trapper Porphyry Project in the northern "Golden Triangle" region of British Columbia, and the MPD Project in south-central British Columbia near Princeton. The Trapper and MPD Projects are interpreted to overlie gold-rich copper porphyry systems having surface geochemical, geophysical and regional alteration signatures of considerable size. Based in Vancouver, Dunnedin is backed by a world-renowned team of exploration experts with decades of combined exploration experience and significant capital market strength.

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

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8020 Admin

2 months

8020 Admin posted a press release Dunnedin Acquires 100% Interest in MPD Copper-Gold Porphyry Project in South Central British Columbia in Dunnedin Ventures Inc.

Vancouver, British Columbia--(Newsfile Corp. - November 29, 2018) - Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") today announced it has entered into a purchase agreement to acquire 100% ownership of the consolidated Man, Prime and Dillard properties, the "MPD Project", in south-central British Columbia. The MPD Project is an excellent strategic fit with Dunnedin's 100% owned Trapper copper-gold porphyry project ("Trapper", see news release November 27, 2018), located in the northern Golden Triangle area of British Columbia and joins this project to form a strong copper-gold porphyry portfolio that has the potential to stand alone from Dunnedin's Kahuna Diamond Project in the future.

Claudia Tornquist, President of Dunnedin said, "MPD is a quality project with immediate exploration upside and the potential to yield a major copper-gold porphyry system. We are genuinely excited about this asset and pleased to have secured it on favourable terms. Our philosophy in the Discovery Group of companies has generated industry-leading returns for shareholders over the past year at Northern Empire Resources and Great Bear Resources. This philosophy can be summed up as finding and advancing known mineral discoveries that are undervalued, but with strong economic potential. These projects have geological characteristics that can drive rapid value growth for investors when modern exploration methods and management's experience is applied. Dunnedin's new MPD project has these attributes and could mirror these recent successes in 2019."

MPD Project, South-Central British Columbia, Canada

Refer to Figure 1

  • Recently consolidated 78.5 km2 MPD land package (historically called Man, Prime and Dillard properties) located in a known, productive copper-gold porphyry belt
  • Many historically drilled copper intervals have similar grades to those reported at adjacent copper mines
  • 129 drill holes (25,780 metres) were completed from 1966 to 2014. Previous operators include Rio Tinto PLC and Newmont Mining Corp.
  • Copper has been drill confirmed to-date across a large, 10 square kilometre area
  • Historic drill results often have favourable gold to copper values and are consistent with multiple porphyry centres having associated base and precious metal mineralization,
  • Large untested copper and gold-in-soil anomalies represent new near-term drill targets
  • Copper and gold mineralization extends from surface, with early historic drill holes rarely testing below 200 metres vertical depth. Limited deeper drilling confirms significant depth/size potential
  • Many historic copper intervals were not assayed for gold, and adjacent samples show strong gold results suggesting underexplored gold potential
  • Accessible year-round by service roads and trails from adjacent highway linking Princeton and Merritt

Highlights of historical drill results (1966 to 2014) are shown on Figure 1 and include:

  • 63.6 metres of 0.45% copper and 30 metres 0.92 g/t gold
  • 194 metres of 0.29% copper and 0.27 g/t gold
  • 120 metres of 0.21% copper and 0.92 g/t gold
  • 403 metres of 0.14% copper and 0.07 g/t gold
  • High gold grades include 3.0 metres of 7.0 g/t gold with 0.91% copper and 12 metres of 3.6 g/t gold

The MPD Project is located in the Quesnel Trough, British Columbia's primary copper-producing belt that hosts Teck Resource's world-class Highland Valley Mine, Imperial Metals' Mount Polley Mine, and Centerra Gold's Mount Milligan Mine (see Table 1). The MPD project's Nicola Belt geology has many similar characteristics to the neighbouring alkalic porphyry systems at the Copper Mountain Mine to the south, New Gold's New Afton Mine to the north, and Evrim Resources' nearby Axe Project which was recently optioned to Antofagasta

Table 1: Proven and Probable Reserves - Selected Quesnel Trough Copper Porphyry Mines

Property Date Operator Tonnes Copper Grade Contained Copper Gold Grade Contained Gold Silver Grade Contained Silver

(as at)   (millions) (% Cu) (millions of lbs) (gram per tonne) (millions of oz) (gram per tonne) (millions of oz) Mount Milligan1 Dec. 312018 Centerra Gold 467.939 0.188 1,938 0.3 5.138 - - Copper Mountain2 Sept. 12018 Copper Mountain 210.079 0.26 1,209 0.08 0.504 0.89 5.981 Mt. Polley3 July 2017 Imperial Metals 73.613 0.27 443 0.29 0.692 0.56 1.331 Highland Valley4 2018 Teck Resources 589,500 0.30 1.540 - - - -

 

Sources:

  1. https://www.centerragold.com/operations/mount-milligan/production-and-reserves
  2. https://www.cumtn.com/operations/copper-mountain-mine/overview/
  3. https://www.imperialmetals.com/assets/docs/2017-reserve_resource%20table.pdf
  4. https://www.teck.com/investors/reserves-&-resources/

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Figure 1: MPD Copper-Gold Porphyry Property

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3803/41331_0c521465f43cf842_002full.jpg

MPD Project Transaction Details

Dunnedin has entered into a definitive agreement to acquire 100% of the MPD Property from a private vendor, subject to the approval of the TSX-Venture Exchange. The consideration for MPD consists of:

  • $100,000 in cash and 1,800,000 Dunnedin shares payable upon closing of the transaction; and
  • $100,000 in cash payable on April 1, 2019
  • A 1.25% to 2% NSR is payable on only three of a total 28 mineral claims. No royalties are payable on the remaining 25 claims.

Further details of the MPD and Trapper copper-gold porphyry projects are provided on Dunnedin's web site at www.dunnedinventures.com. Technical information will be updated as recently acquired historical data are evaluated.

Management will provide further information on 2019 exploration plans at MPD as the project database is analyzed.

Webinar

Dunnedin will host a webinar to discuss the Company's recent news. The webinar will take place on Friday, November 30th at 11:00am PST/2:00pm EST. Management will be available to answer questions following the presentation. Online access and dial-in numbers are as follows:

Readytalk Platform (access at the time of event):
* http://www.readytalk.com/join
* Access code: 5147677

Dial-In Numbers:
* Canada: +1-647-722-6839
* United States: +1-303-248-0285
* Access Code: 5147677

Disclaimer

Management cautions that Dunnedin has not performed any exploration on the MPD Project to date. Historic information reported herein was obtained from publicly available sources and industry related reports. This news release contains historic data that Dunnedin believes to be from reliable sources using industry standards at the time, but the Company has not independently verified, or cannot guarantee, the accuracy of the information disclosed and readers should use caution in placing reliance on such information. Comparisons to adjacent or similar mineral properties, deposits and mines are provided for information purposes only. Dunnedin has no interest in, or rights to explore or mine any such properties and references to deposits and reserves reported herein are not indicative of deposits or results obtained on the Company's properties.

Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this release.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Chris Taylor
Chief Executive Officer

Claudia Tornquist
President

About Dunnedin Ventures Inc.

Dunnedin Ventures Inc. (TSXV: DVI) is focused on its 100% owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets. The Company holds diamond interests in 1,664 km2 of mineral tenure located 26 kilometres northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news release dated March 31, 2015). Dunnedin's drilling is aimed at the discovery of diamondiferous kimberlite pipes, and the Company is working with advisor and largest shareholder Dr. Chuck Fipke to define and prioritize drill targets based on an extensive historic data set, and diamonds and indicator minerals recovered from a series of kimberlite and till samples over four seasons of field work. Dunnedin also holds a 100% interest in the Trapper Project near Atlin in the northern "Golden Triangle" region of British Columbia. The Trapper Project is interpreted to overlie a gold-rich copper porphyry complex having a surface geochemical, geophysical and regional alteration signature of over 15 square kilometres. Based in Vancouver, Dunnedin is backed by a world-renowned team of exploration experts with decades of combined exploration experience and significant capital market strength.

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

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8020 Admin

2 months

8020 Admin posted a press release Dunnedin Updates on Kahuna Project & Copper-Gold Strategy, Appoints Director in Dunnedin Ventures Inc.

Dunnedin to Host a Webinar on Friday November 30th @ 11:00am PST/2:00pm EST

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") provides an update on the diamond exploration progress at its 100% owned Kahuna Diamond Project in Nunavut, Canada ("Kahuna"), and outlines its strategic plans for both its diamond and copper-gold assets.

Kimberlite Pipe Exploration Update

  • Dunnedin expects results shortly for diamond recoveries from approximately 150 kilograms of kimberlite from pipe KH10-11 which was newly discovered this summer
  • In the near future Dunnedin will also receive initial diamond indicator results from the till sampling program completed in the Josephine Target Area ("JTA") this autumn. These results will assist with the prioritization and selection of drill targets in the JTA, which will be the main focus of the Company's next drill program
  • The JTA has been identified by Dunnedin's advisor Dr. Charles Fipke as the most prospective area of the Kahuna Project with an abundance of high-quality diamond indicator minerals ("DIM") implying multiple undiscovered diamond-bearing sources
  • Dunnedin has narrowed down the main target area at JTA to 10 square kilometres and expects to continue testing for kimberlite pipes with core drilling in the new year

High Grade Kimberlite Dike Resource Update

  • Further evaluation is planned to determine the best course for expanding and progressing the existing inferred diamond resource of 4 million carats in two diamondiferous kimberlite dikes, Kahuna and Notch. In its 2018 exploration program, the Company's drilling successfully extended the strike of two other diamondiferous dikes, PST and 07KD-24 (see news releases dated May 10 and July 11, 2018). PST and 07KD-24 are not in the current inferred resource and demonstrate the opportunity to add additional resources on the project
  • The Company is currently processing geophysical results from test surveys covering kimberlite dike targets that were completed during the winter and summer 2018 drill campaigns, and will provide an update when this work is complete
  • As Dunnedin reviews its dike resources, the Company also plans to study development concepts

Claudia Tornquist, President of Dunnedin, said, "Dunnedin's maiden drill program in 2018 tested a selection of kimberlite targets, with many more remaining to be drilled, particularly high priority pipe targets with exceptional DIM chemistry in the Josephine Target Area. We are pleased with the successful extensions at PST and 07KD-24 during the 2018 program which highlighted the potential of additional high-grade, near-surface, steeply-dipping kimberlite dikes at Kahuna. Future exploration will continue to focus on the discovery of kimberlite pipes but in parallel, we will also study the potential to grow and advance our maiden resource."

Copper-Gold Porphyry Strategy

While Dunnedin is fully committed to the diamond potential at the Kahuna Project, the Company believes current market conditions are favourable for discovery-stage porphyry copper-gold projects, and will now begin to unlock the value of its 100% owned Trapper Project to the benefit of shareholders.

Dunnedin is considering strategies to advance this project and realise its value, including active exploration during the 2019 field season and various transaction alternatives such as a spin-out, combination with other copper assets, farm-in/joint venture and sale. A technical review of all drilling, geophysical and geochemical data is now underway to inform management. Decisions are expected to be announced over the coming days.

Chris Taylor, CEO of Dunnedin said, "I began my career working at copper porphyry mining projects in British Columbia, and have seen the impressive economic value of these projects through the discovery process first-hand. Our Trapper Project is one of these systems and is not currently driving value for our shareholders. The long-term fundamentals of the copper market are excellent, and copper porphyry systems are some of the most sought-after deposits by major mining companies. There is substantial market interest for high-quality copper opportunities, and recent discoveries in the Golden Triangle region have highlighted the potential of this region of northern BC, where Trapper is situated."

About the Trapper Copper-Gold Porphyry Project

  • 100% owned, 37.5 square kilometre land package located in the northern "Golden Triangle" region in British Columbia, covering a gold-rich copper porphyry complex
  • Circular mineralized "ring zone" with over 10 kilometres of strike surrounding a porphyry centre, with associated surface copper showings and gold-rich polymetallic mineralization drilled over 2.2 kilometres
  • 42 drill holes (8,581 metres) completed in 2011. Drill results include visible-gold in drill core flanking copper porphyry, including 34.1 metres of 1.71 g/t gold
  • Copper porphyry exposures discovered on surface are drill-ready. Targets include a large, 800 metre by 1,200 metre chargeability anomaly with 0.15% to 0.42% copper in outcrop, and four areas with highly elevated copper coincident in stream sediment, talus and outcrop
  • Also hosts a polymetallic mineralization system with drill-indicated high-grade gold plus silver, zinc, lead and copper
  • Highlights of 2011 drill intersects are shown in Figure 1, along with a geophysical representation of the main porphyry centre, and copper results from grab samples across the project
  • Refer to news releases of October 26, 2016 and March 27, 2017 for a summary of exploration results at Trapper

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Figure 1: Map of Trapper Copper-Gold Porphyry Project showing locations of 2011 drill holes and widespread copper samples surrounding an interpreted copper porphyry centre

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3803/41274_41a5eb08a404c919_002full.jpg

Board of Director Appointment

The Company is pleased to announce the appointment of Steven Krause, CPA, CA, ICD.D as director and chair of the audit committee. Mr. Krause is the co-founder, president and a director of Avisar Chartered Professional Accountants. He has worked extensively with mining, mineral exploration and development stage companies in North and South America. Mr. Krause is also the former chairman of Luna Gold, where he was chairman until the successful merger of Luna Gold and JDL Gold to form Trek Mining, in a $360 million merger. He is currently the CFO of Viva Gold Corp. and the former CFO of Bear Creek Mining Corporation. Mr. Krause holds a Bachelor of Business Administration degree from Trinity Western University and received his Chartered Professional Accountant designation in 1997. He also holds a Certified Public Accountant designation in the state of Illinois, USA and is a graduate of the Institute of Corporate Director's Education Program (ICD).

Webinar

Dunnedin will host a webinar to discuss the Company's recent news and future exploration plans. The webinar will take place on Friday, November 30th at 11:00am PST/2:00pm EST. Management will be available to answer questions following the presentation. Online access and dial-in numbers are as follows:

Readytalk Platform (access at the time of event):

* http://www.readytalk.com/join
* Access code: 5147677

Dial-In Numbers:
* Canada: +1-647-722-6839
* United States: +1-303-248-0285
* Access Code: 5147677

Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this release.

For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360 or khenderson@dunnedinventures.com.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Chris Taylor
Chief Executive Officer

Claudia Tornquist
President

About Dunnedin Ventures Inc.

Dunnedin Ventures Inc. (TSXV: DVI) is focused on its 100% owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets. The Company holds diamond interests in 1,664 km2 of mineral tenure located 26 kilometres northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news release dated March 31, 2015). Dunnedin's drilling is aimed at the discovery of diamondiferous kimberlite pipes, and the Company is working with advisor and largest shareholder Dr. Chuck Fipke to define and prioritize drill targets based on an extensive historic data set, and diamonds and indicator minerals recovered from a series of kimberlite and till samples over four seasons of field work. Dunnedin also holds a 100% interest in the Trapper Porphyry Project near Atlin in the northern "Golden Triangle" region of British Columbia. The Trapper Project is interpreted to overlie a gold-rich copper porphyry complex having a surface geochemical, geophysical and regional alteration signature of over 15 square kilometres. Based in Vancouver, Dunnedin is backed by a world-renowned team of exploration experts with decades of combined exploration experience and significant capital market strength.

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

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Dunnedin Ventures Inc.

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Dunnedin Ventures Inc. (TSX.V:DVI) is an exploration company based out of Vancouver, BC. Our main focus is the 100% owned, advanced stage Kahuna Diamond Project in Nunavut, Canada.

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Dunnedin Ventures Inc. (TSX.V:DVI) is an exploration company based out of Vancouver, BC. Our main focus is the 100% o......

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8020 Admin posted a press release Dunnedin Ventures - Year-End 2018 President's Letter in Dunnedin Ventures Inc.

Vancouver, British Columbia--(Newsfile Corp. - January 10, 2019) -  Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") President, Claudia Tornquist today provides a year-end review of the Company's activities and progress in 2018.

Dear Investor,

2018 marked a busy and exciting year for Dunnedin that saw progress on many fronts:

  • Our initial drill program considerably advanced the Kahuna diamond project
  • We extended two high-grade diamond bearing dikes through drilling and geophysics
  • Industry-leading kimberlite dike experts have been retained to advise on the advancement of our diamond resources
  • We furthered our exploration for diamondiferous kimberlite pipes and significantly narrowed down the most prospective area for a potential discovery
  • A till sampling campaign was completed in order to prioritize kimberlite pipe targets for follow-up drilling
  • The newly acquired MPD copper project joins our Trapper project to form a strong copper-gold porphyry portfolio in British Columbia
  • We strengthened our board with the addition of Steven Krause
  • We completed the spin-out of the gold mineralization rights on the Kahuna project into Solstice Gold Corp, which commenced trading on the TSX-V
  • Over the year Dunnedin raised $3.5 million through private placements and our advisor Dr. Charles (Chuck) Fipke increased his share in the company to over 10% through his participation

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Figure 1: Diamonds from the Kahuna Project

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3803/42071_56b3fe32d4136848_002full.jpg

Initial Drill Program at Kahuna

Dunnedin set out to drill-test the targets we determined following three years of analyzing historic data and probing thousands of surface samples for diamond indicator minerals (DIMs). We took a prudent approach by relying on the surface exploration methods that our advisor and largest shareholder, Dr. Charles (Chuck) Fipke used to discover Canada's Ekati mine, before embarking on our drill program. Our initial drilling program was successful on two sides:

Kimberlite Dikes

We drilled significant extensions to two diamond bearing, high-grade kimberlite dikes. These expand the quantity of diamondiferous kimberlite that has been confirmed on the property to date, as neither body is yet included in our maiden inferred resource of 4 million carats (see resource estimate, DVI website) and target for further exploration (see TFFE estimate, DVI website). To date we now have approximately 20 km of kimberlite dikes defined through drilling and geophysics and the Kahuna property hosts many more linear structures that remain largely untested and collectively comprise over 100 km of prospective, potentially kimberlite-bearing targets.

To further the potential of our kimberlite dikes Dunnedin has engaged SRK Consulting to develop options to expand the existing inferred diamond resource on the Kahuna and Notch dikes, incorporate the numerous other proven diamondiferous dikes on the Kahuna property and assess conceptual mining methods. We expect the results of this study in Q1 2019.

Kimberlite Pipes

We have significantly narrowed down our main target area for kimberlite pipes on our large property where we hold diamond rights over 1600 km2, to a 10 km2 area that shows a high concentration of high-quality DIMs. This section in the northeast of the property is known as the Josephine Target Area.

Through till sampling and drilling programs, we were able to show that known and weakly diamondiferous kimberlites in this area were not the sources of the abundant DIMs in till, which indicates that there must be one or several yet-to-be discovered sources for these DIMs nearby. To zero-in on these sources we collected another batch of nearly 1,000 surface samples in the autumn of 2018 and we expect the priority results from these samples in the coming weeks.

Copper Portfolio Provides Additional Discovery Potential

In 2018 Dunnedin also started to actively explore options to unlock the value of its 100% owned Trapper copper-gold porphyry project in BC's prolific Golden Triangle, on the heels of several high-profile porphyry exploration successes in the province. In November we strategically acquired 100% of the historically drilled, and recently consolidated, MPD property in South-Central British Columbia. Like Trapper, MPD has immediate exploration upside and the potential to yield a major copper-gold porphyry system. The project is in a known, productive copper-gold porphyry belt with historically drilled grades similar to nearby producing mines. Dunnedin will provide further information on 2019 exploration plans at MPD as the project database is analyzed.

Strong Team & Strategic Alignment

On the management front, we were pleased to welcome Mr. Steven Krause to our Board of Directors. Steven is CFO of Viva Gold Corp. and former CFO of Bear Creek Mining. He was also former chairman of Luna Gold, where he led the $360m merger with JDL Gold to form Trek Mining. Steven's experience in finance, corporate development, and governance is a welcome addition to our high-caliber team of director and advisors.

We are also proud to be affiliated with some of the most successful exploration and resource development professionals in Canada through the Discovery Group, led by John Robins. With a shared philosophy of finding and advancing overlooked high-quality assets with good historic results and strong economic potential, several companies in this group have generated industry-leading returns for shareholders over the past year and certainly our CEO Chris Taylor is becoming well-known through the successes of our sister company Great Bear Resources, which made a significant high-grade gold discovery in Canada's Red Lake District.

Indeed, it is our intention replicate these successes to the benefit of Dunnedin shareholders. We have the underlying assets and the team to unlock their potential. Our belief in the discovery potential at Kahuna is as strong as ever and our copper portfolio provides us with additional options to create value. In 2019 we will be pursuing a variety of avenues for funding, exploring and monetizing our assets to the benefit of shareholders. Watch for more news early this year as we move our projects forward, and we thank you for your continued support.

Sincerely,

Claudia Tornquist
President

Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this release.

For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360 or khenderson@dunnedinventures.com.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Claudia Tornquist
President

About Dunnedin Ventures Inc.

Dunnedin Ventures Inc. (TSXV: DVI) is focused on its 100% owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets. The Company holds diamond interests in 1,664 km2 of mineral tenure located 26 kilometres northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news release dated March 31, 2015). Dunnedin's drilling is aimed at the discovery of diamondiferous kimberlite pipes, and the Company is working with advisor and largest shareholder Dr. Chuck Fipke to define and prioritize drill targets based on an extensive historic data set, and diamonds and indicator minerals recovered from a series of kimberlite and till samples over four seasons of field work. Dunnedin also holds a 100% interest in the Trapper Porphyry Project in the northern "Golden Triangle" region of British Columbia, and the MPD Project in south-central British Columbia near Princeton. The Trapper and MPD Projects are interpreted to overlie gold-rich copper porphyry systems having surface geochemical, geophysical and regional alteration signatures of considerable size. Based in Vancouver, Dunnedin is backed by a world-renowned team of exploration experts with decades of combined exploration experience and significant capital market strength.

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

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8020 Admin

1 month

8020 Admin posted a press release Dunnedin Reports KH10-11 Results, Focuses Pipe Exploration & Retains Diamond Experts to Advance High Grade Kimberlite Dikes in Dunnedin Ventures Inc.

Dunnedin to Host a Webinar on Monday December 17th @ 11:00am PST/2:00pm EST

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2018) -  Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") today announced diamond recovery results from kimberlite pipe KH10-11 and plans to advance its diamond assets at its 100% owned Kahuna Diamond Project in Nunavut, Canada ("Kahuna").

Highlights include:

  • Kimberlite pipe KH10-11 is confirmed to be diamondiferous but low grade
  • Dunnedin's advisor Dr. Chuck Fipke recommends focussing pipe exploration efforts on the Josephine Target Area ("JTA") during 2019 and is prioritizing targets for drilling
  • The Company reports significant extensions to the strike length of its high-grade diamond dikes
  • Industry-leading kimberlite dike experts have been retained to advise on the expansion of the existing high-grade diamond resources and the advancement of other proven diamondiferous dikes

K10-11 Kimberlite Pipe & Focus of Future Kimberlite Pipe Exploration

Kimberlite pipe KH10-11 was identified during a geophysical data review in early 2018 and drilled during the summer program using rotary air-blast ("RAB") drilling. A representative 152.8-kilogram composite from hole 18-RAB-032 was selected between 12.2 and 109.7 metres depth and sent to CF Mineral Research Ltd. ("CFM") in Kelowna, British Columbia for analysis. Processing returned one diamond in the 0.212 - 0.300 mm sieve fraction. Results confirm the pipe is diamondiferous but likely low grade and further sample processing is not warranted at this time. Details of the drilling at KH10-11 and a map are in the Company's news release dated July 19, 2018.

The indicator mineral population recovered from KH10-11 differs from the abundant high-quality diamond indicator minerals ("DIM") present in the JTA. Superior DIM chemistry and dispersion at the JTA continue to highlight this as the most prospective area on the Kahuna property to host significantly diamondiferous pipes with the potential to host large diamonds.

Dr. Charles (Chuck) Fipke, Dunnedin's advisor and discoverer of Canada's first diamond mine at Ekati commented, "The abundance and quality of diamond indicator minerals in the Josephine Target Area is exceptional and we have also observed rare indicator mineral chemistry that is associated with large diamonds at producing diamond mines. The source of these indicator minerals is as yet undiscovered and this bodes well for a potential discovery. I will continue assisting the Dunnedin team with the exploration and target identification."

The Company is currently processing 109 high priority till samples collected this fall under Dr. Fipke's direction in the JTA. Dunnedin's maiden drill program in 2018 tested only a small number of targets in this high-priority area. Once an up-ice "cut-off" for DIM counts in the JTA is determined, further targets consistent with kimberlite pipes will be drilled.

Kimberlite Dike Extensions

As part of the 2018 exploration at Kahuna, Dunnedin carried out several ground geophysical surveys over known diamond-bearing dikes. Approximately 173-line kilometres in eight grids were surveyed using a combination of Very Low Frequency ("VLF") electromagnetics, OhmMapper capacitive-coupled resistivity and magnetic methods. The VLF and OhmMapper surveys were very successful at imaging and extending the strike extent of the kimberlite dikes targeted (see Figure 1).

Figure 1: Ground Geophysical Extensions at KD-24 and PST Dikes

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To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3803/41640_82548fd6f4890b5c_002full.jpg

Drilling at KD-24 in April 2018 extended the strike length of this dike to 225 metres. A subsequent VLF survey at KD-24 suggests a strike length of at least one kilometer, and that KD-24 may represent an offset southern extension of the Notch kimberlite, which is included in Dunnedin's maiden inferred resource. At PST, drilling in 2018 extended the strike of this dike to 350 metres. Similarly, an OhmMapper survey and previous mag surveys at PST infer a geophysical response of at least 500 metres. Both the KD-24 and PST dikes remain open along strike and down dip. Both of these highly diamondiferous kimberlites present upside over and above Dunnedin's inferred resources and are compelling targets for further drilling. Other known diamondiferous dikes include KD-13, KD-14, KD-16, Killiq and Jigsaw (see Figure 2). In total approximately 20 kilometres of kimberlite dikes have been defined at Kahuna through drilling and geophysics to date. These occur within a property-wide network of linear structures that may contain additional kimberlite occurrences but remains largely untested.

SRK Kimberlite Dike Study

Dunnedin has engaged SRK Consulting to develop options for expanding and progressing the existing inferred diamond resource on the Kahuna and Notch dikes, as well as incorporating the numerous other proven diamondiferous dikes on the Kahuna property. SRK will initiate the process by completing a high-level assessment of the geology, mineral resource model and conceptual mining methods of the diamond-bearing kimberlite dikes on the Kahuna Property.

Casey Hetman, P.Geo., Corporate Consultant at SRK said, "SRK has been providing industry-leading expertise in diamond geology, resource development and mining solutions to companies around the world. Our involvement in kimberlite dike hosted deposits globally and throughout Africa give us unique insight into what it takes to develop these into successful mines. Dunnedin has an opportunity to expand on its maiden resource and their project has all the right initial hallmarks to indicate that further staged evaluation work is warranted. We are looking forward to assisting Dunnedin to unlock the full potential of the diamond-bearing dikes at the Kahuna Project."

Figure 2: Diamond Bearing Dikes (labelled) on the Kahuna Property

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To view an enhanced version of Figure 2, please visit:
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Webinar

Dunnedin will host a webinar to discuss the Company's recent news and future exploration plans. The webinar will take place on Monday, December 17th at 11:00am PST/2:00pm EST. Management will be available to answer questions following the presentation. Online access and dial-in numbers are as follows:

Readytalk Platform (access at the time of event):

http://www.readytalk.com/join
* Access code: 5147677

Dial-In Numbers:

* Canada: +1-647-722-6839
* United States: +1-303-248-0285
* Access Code: 5147677

A replay of the webinar will be posted on Dunnedin's website at https://dunnedinventures.com/media/ the following day.

Technical Data - QA/QC

Diamond results reported herein are from RAB holes drilled during the summer of 2018. RAB samples were shipped to the CF Mineral Research Ltd. ("CFM") laboratory in Kelowna, BC for processing and caustic fusion analysis. The material was treated through an autogenous mill-fusion circuit with a lower size cut-off of 0.106 mm. Unlike other microdiamond recovery methods, the circuit can recover nearly all diamonds present in a kimberlite to a predetermined cut-off size, along with associated indicator minerals. Quality assurance protocols include industry standard chain of custody and security procedures during sampling and transport. CFM operates using reference standards, internal quality assurance protocols, security and operating procedures for processing, recovery and reporting of diamond results. The CFM laboratory is accredited and audited for international quality standards through the International Organization for Standardization/International Electrotechnical Commission (ISO/IEC) 17025:2005, which includes ISO 9001:2015 specifications.

Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this release.

For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360 or khenderson@dunnedinventures.com.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Chris Taylor 
Chief Executive Officer

Claudia Tornquist
President

About Dunnedin Ventures Inc.

Dunnedin Ventures Inc. (TSXV: DVI) is focused on its 100% owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets. The Company holds diamond interests in 1,664 km2 of mineral tenure located 26 kilometres northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news release dated March 31, 2015). Dunnedin's drilling is aimed at the discovery of diamondiferous kimberlite pipes, and the Company is working with advisor and largest shareholder Dr. Chuck Fipke to define and prioritize drill targets based on an extensive historic data set, and diamonds and indicator minerals recovered from a series of kimberlite and till samples over four seasons of field work. Dunnedin also holds a 100% interest in the Trapper Porphyry Project in the northern "Golden Triangle" region of British Columbia, and the MPD Project in south-central British Columbia near Princeton. The Trapper and MPD Projects are interpreted to overlie gold-rich copper porphyry systems having surface geochemical, geophysical and regional alteration signatures of considerable size. Based in Vancouver, Dunnedin is backed by a world-renowned team of exploration experts with decades of combined exploration experience and significant capital market strength.

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

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8020 Admin

2 months

8020 Admin posted a press release Dunnedin Acquires 100% Interest in MPD Copper-Gold Porphyry Project in South Central British Columbia in Dunnedin Ventures Inc.

Vancouver, British Columbia--(Newsfile Corp. - November 29, 2018) - Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") today announced it has entered into a purchase agreement to acquire 100% ownership of the consolidated Man, Prime and Dillard properties, the "MPD Project", in south-central British Columbia. The MPD Project is an excellent strategic fit with Dunnedin's 100% owned Trapper copper-gold porphyry project ("Trapper", see news release November 27, 2018), located in the northern Golden Triangle area of British Columbia and joins this project to form a strong copper-gold porphyry portfolio that has the potential to stand alone from Dunnedin's Kahuna Diamond Project in the future.

Claudia Tornquist, President of Dunnedin said, "MPD is a quality project with immediate exploration upside and the potential to yield a major copper-gold porphyry system. We are genuinely excited about this asset and pleased to have secured it on favourable terms. Our philosophy in the Discovery Group of companies has generated industry-leading returns for shareholders over the past year at Northern Empire Resources and Great Bear Resources. This philosophy can be summed up as finding and advancing known mineral discoveries that are undervalued, but with strong economic potential. These projects have geological characteristics that can drive rapid value growth for investors when modern exploration methods and management's experience is applied. Dunnedin's new MPD project has these attributes and could mirror these recent successes in 2019."

MPD Project, South-Central British Columbia, Canada

Refer to Figure 1

  • Recently consolidated 78.5 km2 MPD land package (historically called Man, Prime and Dillard properties) located in a known, productive copper-gold porphyry belt
  • Many historically drilled copper intervals have similar grades to those reported at adjacent copper mines
  • 129 drill holes (25,780 metres) were completed from 1966 to 2014. Previous operators include Rio Tinto PLC and Newmont Mining Corp.
  • Copper has been drill confirmed to-date across a large, 10 square kilometre area
  • Historic drill results often have favourable gold to copper values and are consistent with multiple porphyry centres having associated base and precious metal mineralization,
  • Large untested copper and gold-in-soil anomalies represent new near-term drill targets
  • Copper and gold mineralization extends from surface, with early historic drill holes rarely testing below 200 metres vertical depth. Limited deeper drilling confirms significant depth/size potential
  • Many historic copper intervals were not assayed for gold, and adjacent samples show strong gold results suggesting underexplored gold potential
  • Accessible year-round by service roads and trails from adjacent highway linking Princeton and Merritt

Highlights of historical drill results (1966 to 2014) are shown on Figure 1 and include:

  • 63.6 metres of 0.45% copper and 30 metres 0.92 g/t gold
  • 194 metres of 0.29% copper and 0.27 g/t gold
  • 120 metres of 0.21% copper and 0.92 g/t gold
  • 403 metres of 0.14% copper and 0.07 g/t gold
  • High gold grades include 3.0 metres of 7.0 g/t gold with 0.91% copper and 12 metres of 3.6 g/t gold

The MPD Project is located in the Quesnel Trough, British Columbia's primary copper-producing belt that hosts Teck Resource's world-class Highland Valley Mine, Imperial Metals' Mount Polley Mine, and Centerra Gold's Mount Milligan Mine (see Table 1). The MPD project's Nicola Belt geology has many similar characteristics to the neighbouring alkalic porphyry systems at the Copper Mountain Mine to the south, New Gold's New Afton Mine to the north, and Evrim Resources' nearby Axe Project which was recently optioned to Antofagasta

Table 1: Proven and Probable Reserves - Selected Quesnel Trough Copper Porphyry Mines

Property Date Operator Tonnes Copper Grade Contained Copper Gold Grade Contained Gold Silver Grade Contained Silver

(as at)   (millions) (% Cu) (millions of lbs) (gram per tonne) (millions of oz) (gram per tonne) (millions of oz) Mount Milligan1 Dec. 312018 Centerra Gold 467.939 0.188 1,938 0.3 5.138 - - Copper Mountain2 Sept. 12018 Copper Mountain 210.079 0.26 1,209 0.08 0.504 0.89 5.981 Mt. Polley3 July 2017 Imperial Metals 73.613 0.27 443 0.29 0.692 0.56 1.331 Highland Valley4 2018 Teck Resources 589,500 0.30 1.540 - - - -

 

Sources:

  1. https://www.centerragold.com/operations/mount-milligan/production-and-reserves
  2. https://www.cumtn.com/operations/copper-mountain-mine/overview/
  3. https://www.imperialmetals.com/assets/docs/2017-reserve_resource%20table.pdf
  4. https://www.teck.com/investors/reserves-&-resources/

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Figure 1: MPD Copper-Gold Porphyry Property

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3803/41331_0c521465f43cf842_002full.jpg

MPD Project Transaction Details

Dunnedin has entered into a definitive agreement to acquire 100% of the MPD Property from a private vendor, subject to the approval of the TSX-Venture Exchange. The consideration for MPD consists of:

  • $100,000 in cash and 1,800,000 Dunnedin shares payable upon closing of the transaction; and
  • $100,000 in cash payable on April 1, 2019
  • A 1.25% to 2% NSR is payable on only three of a total 28 mineral claims. No royalties are payable on the remaining 25 claims.

Further details of the MPD and Trapper copper-gold porphyry projects are provided on Dunnedin's web site at www.dunnedinventures.com. Technical information will be updated as recently acquired historical data are evaluated.

Management will provide further information on 2019 exploration plans at MPD as the project database is analyzed.

Webinar

Dunnedin will host a webinar to discuss the Company's recent news. The webinar will take place on Friday, November 30th at 11:00am PST/2:00pm EST. Management will be available to answer questions following the presentation. Online access and dial-in numbers are as follows:

Readytalk Platform (access at the time of event):
* http://www.readytalk.com/join
* Access code: 5147677

Dial-In Numbers:
* Canada: +1-647-722-6839
* United States: +1-303-248-0285
* Access Code: 5147677

Disclaimer

Management cautions that Dunnedin has not performed any exploration on the MPD Project to date. Historic information reported herein was obtained from publicly available sources and industry related reports. This news release contains historic data that Dunnedin believes to be from reliable sources using industry standards at the time, but the Company has not independently verified, or cannot guarantee, the accuracy of the information disclosed and readers should use caution in placing reliance on such information. Comparisons to adjacent or similar mineral properties, deposits and mines are provided for information purposes only. Dunnedin has no interest in, or rights to explore or mine any such properties and references to deposits and reserves reported herein are not indicative of deposits or results obtained on the Company's properties.

Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this release.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Chris Taylor
Chief Executive Officer

Claudia Tornquist
President

About Dunnedin Ventures Inc.

Dunnedin Ventures Inc. (TSXV: DVI) is focused on its 100% owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets. The Company holds diamond interests in 1,664 km2 of mineral tenure located 26 kilometres northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news release dated March 31, 2015). Dunnedin's drilling is aimed at the discovery of diamondiferous kimberlite pipes, and the Company is working with advisor and largest shareholder Dr. Chuck Fipke to define and prioritize drill targets based on an extensive historic data set, and diamonds and indicator minerals recovered from a series of kimberlite and till samples over four seasons of field work. Dunnedin also holds a 100% interest in the Trapper Project near Atlin in the northern "Golden Triangle" region of British Columbia. The Trapper Project is interpreted to overlie a gold-rich copper porphyry complex having a surface geochemical, geophysical and regional alteration signature of over 15 square kilometres. Based in Vancouver, Dunnedin is backed by a world-renowned team of exploration experts with decades of combined exploration experience and significant capital market strength.

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

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8020 Admin

2 months

8020 Admin posted a press release Dunnedin Updates on Kahuna Project & Copper-Gold Strategy, Appoints Director in Dunnedin Ventures Inc.

Dunnedin to Host a Webinar on Friday November 30th @ 11:00am PST/2:00pm EST

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") provides an update on the diamond exploration progress at its 100% owned Kahuna Diamond Project in Nunavut, Canada ("Kahuna"), and outlines its strategic plans for both its diamond and copper-gold assets.

Kimberlite Pipe Exploration Update

  • Dunnedin expects results shortly for diamond recoveries from approximately 150 kilograms of kimberlite from pipe KH10-11 which was newly discovered this summer
  • In the near future Dunnedin will also receive initial diamond indicator results from the till sampling program completed in the Josephine Target Area ("JTA") this autumn. These results will assist with the prioritization and selection of drill targets in the JTA, which will be the main focus of the Company's next drill program
  • The JTA has been identified by Dunnedin's advisor Dr. Charles Fipke as the most prospective area of the Kahuna Project with an abundance of high-quality diamond indicator minerals ("DIM") implying multiple undiscovered diamond-bearing sources
  • Dunnedin has narrowed down the main target area at JTA to 10 square kilometres and expects to continue testing for kimberlite pipes with core drilling in the new year

High Grade Kimberlite Dike Resource Update

  • Further evaluation is planned to determine the best course for expanding and progressing the existing inferred diamond resource of 4 million carats in two diamondiferous kimberlite dikes, Kahuna and Notch. In its 2018 exploration program, the Company's drilling successfully extended the strike of two other diamondiferous dikes, PST and 07KD-24 (see news releases dated May 10 and July 11, 2018). PST and 07KD-24 are not in the current inferred resource and demonstrate the opportunity to add additional resources on the project
  • The Company is currently processing geophysical results from test surveys covering kimberlite dike targets that were completed during the winter and summer 2018 drill campaigns, and will provide an update when this work is complete
  • As Dunnedin reviews its dike resources, the Company also plans to study development concepts

Claudia Tornquist, President of Dunnedin, said, "Dunnedin's maiden drill program in 2018 tested a selection of kimberlite targets, with many more remaining to be drilled, particularly high priority pipe targets with exceptional DIM chemistry in the Josephine Target Area. We are pleased with the successful extensions at PST and 07KD-24 during the 2018 program which highlighted the potential of additional high-grade, near-surface, steeply-dipping kimberlite dikes at Kahuna. Future exploration will continue to focus on the discovery of kimberlite pipes but in parallel, we will also study the potential to grow and advance our maiden resource."

Copper-Gold Porphyry Strategy

While Dunnedin is fully committed to the diamond potential at the Kahuna Project, the Company believes current market conditions are favourable for discovery-stage porphyry copper-gold projects, and will now begin to unlock the value of its 100% owned Trapper Project to the benefit of shareholders.

Dunnedin is considering strategies to advance this project and realise its value, including active exploration during the 2019 field season and various transaction alternatives such as a spin-out, combination with other copper assets, farm-in/joint venture and sale. A technical review of all drilling, geophysical and geochemical data is now underway to inform management. Decisions are expected to be announced over the coming days.

Chris Taylor, CEO of Dunnedin said, "I began my career working at copper porphyry mining projects in British Columbia, and have seen the impressive economic value of these projects through the discovery process first-hand. Our Trapper Project is one of these systems and is not currently driving value for our shareholders. The long-term fundamentals of the copper market are excellent, and copper porphyry systems are some of the most sought-after deposits by major mining companies. There is substantial market interest for high-quality copper opportunities, and recent discoveries in the Golden Triangle region have highlighted the potential of this region of northern BC, where Trapper is situated."

About the Trapper Copper-Gold Porphyry Project

  • 100% owned, 37.5 square kilometre land package located in the northern "Golden Triangle" region in British Columbia, covering a gold-rich copper porphyry complex
  • Circular mineralized "ring zone" with over 10 kilometres of strike surrounding a porphyry centre, with associated surface copper showings and gold-rich polymetallic mineralization drilled over 2.2 kilometres
  • 42 drill holes (8,581 metres) completed in 2011. Drill results include visible-gold in drill core flanking copper porphyry, including 34.1 metres of 1.71 g/t gold
  • Copper porphyry exposures discovered on surface are drill-ready. Targets include a large, 800 metre by 1,200 metre chargeability anomaly with 0.15% to 0.42% copper in outcrop, and four areas with highly elevated copper coincident in stream sediment, talus and outcrop
  • Also hosts a polymetallic mineralization system with drill-indicated high-grade gold plus silver, zinc, lead and copper
  • Highlights of 2011 drill intersects are shown in Figure 1, along with a geophysical representation of the main porphyry centre, and copper results from grab samples across the project
  • Refer to news releases of October 26, 2016 and March 27, 2017 for a summary of exploration results at Trapper

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Figure 1: Map of Trapper Copper-Gold Porphyry Project showing locations of 2011 drill holes and widespread copper samples surrounding an interpreted copper porphyry centre

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3803/41274_41a5eb08a404c919_002full.jpg

Board of Director Appointment

The Company is pleased to announce the appointment of Steven Krause, CPA, CA, ICD.D as director and chair of the audit committee. Mr. Krause is the co-founder, president and a director of Avisar Chartered Professional Accountants. He has worked extensively with mining, mineral exploration and development stage companies in North and South America. Mr. Krause is also the former chairman of Luna Gold, where he was chairman until the successful merger of Luna Gold and JDL Gold to form Trek Mining, in a $360 million merger. He is currently the CFO of Viva Gold Corp. and the former CFO of Bear Creek Mining Corporation. Mr. Krause holds a Bachelor of Business Administration degree from Trinity Western University and received his Chartered Professional Accountant designation in 1997. He also holds a Certified Public Accountant designation in the state of Illinois, USA and is a graduate of the Institute of Corporate Director's Education Program (ICD).

Webinar

Dunnedin will host a webinar to discuss the Company's recent news and future exploration plans. The webinar will take place on Friday, November 30th at 11:00am PST/2:00pm EST. Management will be available to answer questions following the presentation. Online access and dial-in numbers are as follows:

Readytalk Platform (access at the time of event):

* http://www.readytalk.com/join
* Access code: 5147677

Dial-In Numbers:
* Canada: +1-647-722-6839
* United States: +1-303-248-0285
* Access Code: 5147677

Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information contained in this release.

For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360 or khenderson@dunnedinventures.com.

On behalf of the Board of Directors

Dunnedin Ventures Inc.

Chris Taylor
Chief Executive Officer

Claudia Tornquist
President

About Dunnedin Ventures Inc.

Dunnedin Ventures Inc. (TSXV: DVI) is focused on its 100% owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets. The Company holds diamond interests in 1,664 km2 of mineral tenure located 26 kilometres northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news release dated March 31, 2015). Dunnedin's drilling is aimed at the discovery of diamondiferous kimberlite pipes, and the Company is working with advisor and largest shareholder Dr. Chuck Fipke to define and prioritize drill targets based on an extensive historic data set, and diamonds and indicator minerals recovered from a series of kimberlite and till samples over four seasons of field work. Dunnedin also holds a 100% interest in the Trapper Porphyry Project near Atlin in the northern "Golden Triangle" region of British Columbia. The Trapper Project is interpreted to overlie a gold-rich copper porphyry complex having a surface geochemical, geophysical and regional alteration signature of over 15 square kilometres. Based in Vancouver, Dunnedin is backed by a world-renowned team of exploration experts with decades of combined exploration experience and significant capital market strength.

Neither 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.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, except as required by applicable securities laws.

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