80 RICHMOND STREET WEST, SUITE 1500
TORONTO
Ontario
Canada,
M5H 2A4
Phone: +1 416 369-1500
Fax: +1 416 369-1501
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Company SummaryDuluth Metals Limited (TSX:DM, DM.U in U.S. dollars) is a Canadian advanced stage mineral exploration Corporation which has completed a number of preliminary economic assessments on a large, potentially bulk-mineable underground copper-nickel-PGM deposit located within the rapidly emerging Duluth Complex mining camp in northeastern Minnesota, USA.
Company NewsFriday, October 30, 2009 Duluth Metals Limited today confirms 12 million Indicated ounces and 6 million Inferred ounces of contained platinum, palladium and gold (Total Precious Metal or TPM) in the Nokomis Deposit in Minnesota, USA, as reported by Scott Wilson RPA’s latest NI 43-101 Resource Estimate (see Duluth Metals press release dated October 26, 2009). This 3 million ounce increase in Indicated Resources represents a 34% increase in the TPM ounces over the Scott Wilson RPA June 2008 NI 43-101 Resource Estimate. Cumulatively, the Eastern, Central and Western Higher Grade Areas exhibit 55% higher TPM grades in the Indicated Resource category compared to the global Indicated Resource TPM grades, and 47% higher TPM grades in the Inferred Resource category compared to the global Inferred Resource TPM grades. Map Legend: Producer Past Producer  Development  Exploration |
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