Strong Assay Results For Twin Metals Minnesota Project

TORONTO, ON - Duluth Metals Limited reported strong assay results for continued drilling on the Twin Metals Minnesota Project in northeastern Minnesota. These drill holes continue to indicate continuity between the Nokomis and Maturi deposits, good widths and grades in Maturi at relatively shallow depths, and the continuity of Nokomis in and around the 'donut hole'. While these recently completed holes will not be incorporated into the resource estimate to be issued by AMEC this quarter, in the final Pre-Feasibility estimate the holes will be very valuable in upgrading portions of the resource from the Inferred to the Indicated category.  In addition, given the demonstrated continuity between the Maturi and Nokomis deposits, Twin Metals Minnesota is consolidating the deposits as a single deposit under the name Maturi Deposit.

Eighteen holes completed within or near the Maturi Deposit demonstrate continuous, relatively thick mineralization. Drilling highlights include: Mex-299 returned 281.5 feet of 0.770% copper, 0.213% nickel, 2.7 g/t silver and 0.538 grams TPM (Cu Equivalent* of 1.63%) including a 70.0 foot section of 1.128% copper, 0.321% nickel, 4.3 g/t silver and 0.804 grams TPM (Cu Equivalent* of 2.42%); Mex-307 returned 245 feet of 0.788% copper, 0.226% nickel, 2.6 g/t silver and 0.592 grams TPM (Cu Equivalent* of 1.70%) including a 35 foot section of 1.056% copper, 0.322% nickel, 3.7 g/t silver and 0.876 grams TPM (Cu Equivalent* of 2.37%); Mex-310 returned 188.5 feet of 0.811% copper, 0.239% nickel, 2.8 g/t silver and 0.650 grams TPM (Cu Equivalent* of 1.79%) including a 65 foot section of 1.061% copper, 0.317% nickel, 3.5 g/t silver and 0.928 grams TPM (Cu Equivalent* of 2.38%).

"These positive drill results continue to show the continuity of mineralization throughout the deposit as well as the potential for significant zones with above average grades", stated Vern Baker, President of Duluth Metals. "The indicated continuity between what has been known as the Nokomis Deposit with the original resource known as the Maturi Deposit makes it clear that this is one large and continuous deposit. It makes perfect sense for us to combine the two and call the combined deposit the Maturi Deposit after the original discovery."

Nine holes drilled in and around the "Donut Hole" area show strong continuity and grade. One hole, MEX-291M, returned 116.5 feet of 1.043% copper, 0.330% nickel, 3.8 g/t silver and 1.324 grams per tonne (g/t) Total Precious Metals (TPM = Platinum+Palladium+Gold) (Cu Equivalent* of 2.57%) including a 70 foot section of 1.240% copper, 0.399% nickel, 4.5g/t silver and 1.558 g/t TPM (Cu Equivalent* of 3.07%). MEX-305 returned 170 feet of 0.845 copper, 0.255% nickel, 2.6 g/t silver and 0.888 g/t TPM (Cu Equivalent* of 1.96%) including a 20 foot section of 1.300% copper, 0.418% nickel, 3.5 g/t silver and 1.576 g/t TPM (Cu Equivalent* of 3.16%). MEX-291M and MEX-305 are in an area historically denoted the Central Higher Grade Zone and are near historic holes with similar grades.  One previously reported hole MEX-167 returned 125 feet of 1.037% copper, 0.311% nickel, 3.6 g/t s silver and 1.501 g/t TPM (Cu Equivalent* of 2.586%) including a 55 foot section of 1.273% copper, 0.401% nickel, 4.6 g/t silver and 2.140 g/t TPM (Cu Equivalent* of 3.362%). Other historic higher grade holes in the zone include MEX-142-W2 which intersected 24.5 feet of 1.084% copper, 0.296% nickel and 1.715 g/t TPM (Cu Equivalent* of 2.664%) within a 157.5 foot section of 0.740% copper, 0.219% nickel, and 1.114 g/t TPM (Cu Equivalent* of 1.856%); and MEX-109 which intersected 40.0 feet of 0.955% copper, 0.278% nickel, 1.527 g/t TPM and 3.9 g/t silver (Cu Equivalent* of 2.40%) within a 155.0 foot section of 0.828% copper, 0.247% nickel, 1.089 g/t TPM and 3.2 g/t silver (Cu Equivalent* of 2.00%).

Two other significant holes drilled on the east side of the Maturi resource show continuity of higher grades in that portion of the deposit. MEX-290 returned 64 feet of 0.857% copper, 0.262% nickel, 2.8 g/t silver and 0.955 g/t TPM (Cu Equivalent* of 2.02%) including a 20 foot section of 1.080% copper, 0.314% nickel, 4.0 g/t silver and 1.383 g/t TPM (Cu Equivalent* of 2.55%). MEX-294 returned 109 feet of 0.723% copper, 0.219% nickel, 3.2 g/t silver and 0.873 g/t TPM (Cu Equivalent* of 1.74%).

The company's address is 80 Richmond St West, Suite 1500, Toronto, ON M5H 2A4.