Duluth To Explore Properties Outside Of Nokomis JV

 

TORONTO, ON - Duluth Metals Limited reported its intention to plan and commence a 2010 exploration program on it's high value grassroots properties which fall outside of the recently announced Joint Venture partnership with Antofagasta plc. The lands, situated in the Duluth Complex, Minnesota, fall into two categories: Certain interests in State and private lands that DM currently controls under long term leases with the right to explore; and certain new interests in approximately 17,000 acres of Federal lands with pending prospecting permits.

"This large land package of high value grassroots exploration properties was acquired on the basis of the geological model for the Nokomis Deposit and Nickel Lake Macrodike", stated Dr. Henry J. Sandri, President and CEO of Duluth Metals. "We feel the potential for these properties to host similar mineralization to Nokomis is very high and as such we intend to implement a comprehensive exploration and drill program to test these significant properties. Based on the geology of the area, we will also be exploring for "Voisey's Bay" and "Bushveld" type targets".

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