Duluth Metals Drills Large Corridor Of Higher Grade Mineralization

TORONTO - Duluth Metals Limited reported significant new assays for seven holes drilled in a higher grade eastern corridor of the Nokomis Deposit located near Ely, Minnesota. These seven holes were concentrated in an area of historically higher grade copper-platinum-palladium mineralization and confirmed significant higher grade values. Highlights of the drilling program include: MEX-138, which intersected a 63.9 foot section of 1.045% copper, 0.323% nickel and 1.565 grams per tonne (g/t) of Total Precious Metals (TPM = Platinum+Palladium+Gold) (Cu Equivalent* of 2.595%), MEX-129, which intersected 30.0 feet of 1.055% copper, 0.272% nickel, and 3.190 grams per tonne (g/t) of TPM (Cu Equivalent* of 3.221%), MEX-131, which intersected 29.5 feet of 1.464% copper, 0.347% nickel and 1.385 g/t TPM (Cu Equivalent* of 3.036%), and MEX-77W1, which intersected a 25.0 foot section of 0.945% copper, 0.303% nickel and 2.529 g/t TPM (Cu Equivalent* of 2.910%).The Company is moving forward on its development program and has a current cash position of approximately $14 Million Cdn.
The company's address is 80 Richmond St West, Suite 1500, Toronto, ON M5H 2A4, 416-369-1500.