posted in:

  • Home>
  • Metal News
  • >
  • North America,
  • >
  • Duluth Metals highlights 153.5 feet of 0.767% copper, 0.197% nickel and 1.988 grams total precious metals at Twin Metals Minnesota's Birch Lake Deposi

Duluth Metals highlights 153.5 feet of 0.767% copper, 0.197% nickel and 1.988 grams total precious metals at Twin Metals Minnesota's Birch Lake Deposi

Wednesday, Nov 28, 2012

TORONTO, Nov. 27, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX: DM.U) is pleased to announce assay results for 28 holes on the Birch Lake Deposit within the Twin Metals Minnesota Project in northeastern Minnesota. The Birch Lake Deposit is one of three mineral resources in close proximity to one another within the Twin Metals Minnesota Project, these being the Maturi, Birch Lake and Spruce Road Deposits.  All of the holes have significant length intercepts continuing to indicate a higher grade platinum+palladium+gold (TPM) content within the Birch Lake resource relative to other resources in the project. These additional holes will be incorporated into the final resource estimate to be issued by AMEC in early December 2012.

"The addition of these holes to the Birch Lake database will provide the basis for a stronger estimate in the western part of the Twin Metals Minnesota Project. The Birch Lake resource provides potential flexibility in the project as it is geographically separate (5 miles) from Maturi, and shows a higher contribution to revenue from precious metals than some of the other sections in the project", stated Vern Baker, President of Duluth Metals.

Phillip Larson, P. Geo. is the Qualified Person for Duluth Metals and Senior Geologist for Duluth Metals, in accordance with NI 43-101 of the Canadian Securities Administrators, and is responsible for Duluth Metals technical content of this press release and quality assurance of the exploration data and analytical results.

About Duluth Metals Limited

Duluth Metals Limited is committed to acquiring, exploring and developing copper, nickel and platinum group metal (PGM) deposits. Duluth Metals has a joint venture with Antofagasta plc on the Twin Metals Minnesota Project, located within the rapidly emerging Duluth Complex mining camp in north-eastern Minnesota. The Duluth Complex hosts one of the world's largest undeveloped repositories of copper, nickel and PGMs, including the world's third largest accumulation of nickel sulphides, and one of the world's largest accumulations of polymetallic copper and platinum group metals. Aside from the joint venture, Duluth Metals retains a 100% position on approximately 40,000 acres of mineral interests on exploration properties adjacent to and nearby the Twin Metals Minnesota LLC joint venture.

About Twin Metals Minnesota LLC

Twin Metals Minnesota, LLC, is a joint venture company, 60 percent owned by Duluth Metals Limited and 40 percent by Antofagasta plc. Twin Metals was formed in 2010 to pursue the development and operation of a copper, nickel and platinum group metals (strategic metals) underground mining project within the Duluth Complex in northeastern Minnesota. Twin Metals holds mineral and land assets of approximately 32,000 acres of leased and permitted land, including mineral resources prepared in compliance with the requirements of NI 43-101.

SOURCE Duluth Metals Limited

posted in:

  • Home>
  • Metal News
  • >
  • North America,
  • >
  • Duluth Metals highlights 153.5 feet of 0.767% copper, 0.197% nickel and 1.988 grams total precious metals at Twin Metals Minnesota's Birch Lake Deposi

Other Metal News

Duluth Metals announces SEDAR filing of updated AMEC resource study on Twin Metals 15-04-2014
Comstock Mining provides update 11-04-2014
Sesa Sterlite Limited announces production release for the fourth quarter and full year ended 31 march 2014 11-04-2014
Goldcorp Holds Investor Day announces first quarter 2014 gold production 11-04-2014
Perseus Mining Limited provide Edikan Gold Mine update 11-04-2014
Rare Earth Metals market worth 192,000 tons by 2018 11-04-2014
Red Eagle Mining completes $5,000,000 financing 11-04-2014
Copper Mountain mine achieved record first quarter copper production 11-04-2014
IAMGOLD provides update on advanced exploration projects maiden resource estimate - Pitangui project, Brazil diamond drilling results - Boto Gold proj 11-04-2014
Sierra Mining Limited announces results of first court hearing 11-04-2014

Advertisers