Duluth Metals Announces Higher Grade Assays From Nokomis Winter Drilling Program

 

 

TORONTO, Ontario, March 22, 2010 -- Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) today announced new assays for the first hole drilled in the 2010 Winter Drilling Program on the Nokomis Deposit, Ely Minnesota. To date, nine holes have been drilled, with assay results having been received for one hole. Hole MEX-158, has intersected 70.0 feet of 1.189% copper, 0.328% nickel, 3.6 g/t silver and 1.404 grams per tonne (g/t) Total Precious Metals (TPM = Platinum+Palladium+Gold) (Cu Equivalent* of 2.69%) within a 180.0 foot section of 0.913% copper, 0.248% nickel, 2.9 g/t silver and 1.039 g/t TPM (Cu Equivalent* of 2.06%).

The winter drilling program has been cut short from the scheduled 13 holes due to unseasonable warm weather. In total, approximately 7,620 meters (25,000 feet) have been drilled. Currently the three drill rigs are being moved to new locations for the start of the Spring 2010 program which will entail approximately 14 holes or 18,288 meters (60,000 feet). The focus of the drilling will be to further evaluate and quantify the significantly higher grade copper, nickel, platinum, palladium, gold and silver zones in portions of the Nokomis Deposit.

The company’s address is 80 Richmond St West, Suite 1500, Toronto, ON M5H 2A4, 416-369-1500, fax: 416-369-1501.