MDN Inc.: New Results on Isambara

MDN Inc. ("MDN") (TSX: MDN) is pleased to announce new drilling results in Tanzania, for projects under MDN's control located in the surrounding area of the Tulawaka Gold Mine.

Firstly, the Isambara licence is currently the subject of a second phase of drilling, representing 4,000 meters by reversed circulation (RC) drillings and 2,000 meters by diamond drilling. To date, approximately 30% of the Isambara target, which measures 5 km by 2 km, has been covered by drilling.

Diamond drillings ISDD-01 to 05 (representing 755 m) were carried out in the principal mineralized zone, indicated as being the 'East Target', whereas drilling ISDD-06 (representing98m) was carried out on another target; the results of drillings ISDD-02, 03, 05 and 06 as well as a part of ISDD-01 are being analysed.

Available diamond drilling results are presented in the table below:

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               From         To           Length         Grade
Hole              m          m                m        g/t Au
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ISDD-01          44         50                6          4.92
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including        45         46                1          17.3
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 and            146        147                1          20.1
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ISDD-04          29         36                7         26.57
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including        29         33                4         45.58
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The mineralization in ISDD-01 and ISDD-02 is found in typical shear zones in the granodiorites. These shear zones are marked by multiple injections of quartz and strong alterations as well as at least two generations of sulphides, dominantly pyrite.

In addition, reversed circulation drillings ISRC-104 to 122 (representing 1,474 meters) tested new anomalies identified by ground sampling and by induced polarization surveys.

Drillings ISRC-123 to 128 (representing569 meters) tested the orientations of the East Target, whereas drillings ISRC-135, 136, 139 and 140 (representing378 meters) tested the extensions of the aforementioned target.

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               From         To           Length         Grade
Hole              m          m                m        g/t Au
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ISRC-104         16         18                2          4.12
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                 60         61                1          1.36
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ISRC-115         32         34                2          1.01
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ISRC-116         79         80                1          1.10
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ISRC-120          3          4                1          1.31
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ISRC-121         36         37                1          3.04
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ISRC-124          5          9                4          1.69
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                 72         73                1          1.27
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ISRC-125         29         30                1           1.1
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                 34         37                3          1.27
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ISRC-126         25         26                1          1.94
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                 51         52                1          1.66
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                 65         66                1          1.35
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ISRC-127         23         24                1          1.73
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ISRC-129          4          8                4          7.91
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including         4          6                2          14.4
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 and             51         52                1          1.17
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                 72         73                1          1.48
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ISRC-135         10         11                1          2.67
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                 29         32                3          4.52
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including        29         30                1         11.10
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 and             82         83                1          2.65
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                 86         87                1          1.27
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ISRC-136         24         25                1          1.02
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ISRC-137          6          7                1          1.12
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ISRC-138         12         15                3          1.08
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                 28         29                1          1.05
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                 74         75                1          9.20
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ISRC-139         51         52                1          1.08
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ISRC-140         32         33                1          1.08
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                 95         96                1          1.78
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