Duluth Metals Limited ("Duluth") (TSX: DM) (TSX:DM.U) is pleased to announce today that assay results have been received for the next 6 holes, MEX-09 to MEX-14, completed during the current 100,000 foot winter drilling program. Four drills are now in operation as part of a forty hole winter drilling program at Duluth's Maturi Extension project near Ely, Minnesota.
Drill holes MEX-09 to MEX-14 were drilled at various locations along the trend of mineralization throughout the Western Area of the Maturi Extension Project, where the objective of the current drill program is to define a NI 43-101 compliant resource. All drill holes intersected significant mineralization confirming the continuity of the mineralization between previously drilled holes, which are approximately 500 metres apart in this area of the property. Highlights of the 6 holes were MEX-12 and MEX -13. Within a total mineralized section of 185 feet, MEX-12 intersected 74 feet of 0.806% Cu, 0.25% Ni, 0.947 grams per tonne total precious metals(xx ) including 15 feet of 1.12% Cu, 0.316% Ni, and 1.496 grams per tonne total precious metals. Drill hole MEX-13, within a total mineralized interval of 150 feet, intersected 120 feet of 0.735% copper, 0.216% nickel and 0.673 grams per tonne total precious metals. (Using a 0.5% Cu cut-off. True thickness is estimated at about 90% of core length.)
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The following table contains a more detailed summary of the six holes:
Hole Zone From To Length Copper Nickel
(feet) (feet) (feet) % %
MEX-09 Total (x) 2545.3 2601.0 55.7 0.761 0.247
MEX-10 Total 2758.0 2878.0 120.0 0.496 0.151
Upper (x) 2758.0 2798.0 40.0 0.567 0.205
Lower (x) 2853.0 2878.0 25.0 0.796 0.156
MEX-11 Total 2754.2 2948.0 193.8 0.456 0.113
Upper (x) 2754.2 2808.0 53.8 0.690 0.173
Middle (x) 2823.0 2843.0 20.0 0.512 0.187
Lower (x) 2913.0 2948.0 35.0 0.524 0.072
MEX-12 Total 2493.0 2678.0 185.0 0.560 0.162
Upper (x) 2499.0 2573.0 74.0 0.806 0.250
including 2503.0 2518.0 15.0 1.127 0.316
Lower (x) 2638.0 2678.0 40.0 0.624 0.129
MEX-13 Total 2403.0 2553.0 150.0 0.661 0.213
including (x) 2408.0 2528.0 120.0 0.735 0.216
including 2483.0 2503.0 20.0 1.096 0.316
MEX-14 Total 2511.8 2618.4 106.6 0.558 0.203
including (x) 2529.8 2588.9 59.1 0.738 0.235
including 2554.5 2579.0 24.5 0.919 0.292
Hole Zone Palladium Platinum Gold TPM
(g/t) (g/t) (g/t) (g/t)
MEX-09 Total (x) 0.498 0.203 0.117 0.817
MEX-10 Total 0.297 0.124 0.070 0.492
Upper (x) 0.375 0.149 0.085 0.609
Lower (x) 0.429 0.190 0.107 0.726
MEX-11 Total 0.246 0.114 0.063 0.423
Upper (x) 0.374 0.172 0.086 0.633
Middle (x) 0.321 0.141 0.077 0.538
Lower (x) 0.238 0.109 0.064 0.411
MEX-12 Total 0.338 0.155 0.097 0.589
Upper (x) 0.524 0.249 0.175 0.947
including 0.738 0.354 0.404 1.496
Lower (x) 0.326 0.135 0.066 0.527
MEX-13 Total 0.354 0.155 0.089 0.599
including (x) 0.395 0.176 0.102 0.673
including 0.664 0.267 0.140 1.072
MEX-14 Total 0.380 0.154 0.083 0.617
including (x) 0.520 0.219 0.117 0.855
including 0.672 0.284 0.132 1.088
(x) At a 0.5% copper cut-off
(xx)Total Precious Metals equals Platinum+Palladium+Gold
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For the winter drill program, half core samples were prepared at ALS Chemex Ltd. Laboratories in Thunder Bay and then shipped to its analytical facilities in Vancouver. Samples were analyzed for Au, Pt, Pd using a standard fire assay with an ICP finish and for 27 other elements using a four acid (near total) digestion and a combination of ICPMS and ICPAES. ICP over limits were re-analyzed using sodium peroxide fusion, acid dissolution followed by ICPAES. The remaining half core samples are being stored in Minnesota.
"The fact that all six holes hit mineralization confirms the continuity of the mineralization in the Western Area," stated Dr. Henry ( Rick) J. Sandri, President and CEO of Duluth. "Our objective is to prove up a significant NI 43-101 compliant resource in our Western Area and the latest drill results are moving us in that direction."
Four additional holes (MEX 15, 16, 17 and 18) are in the final stages of completion. Duluth has engaged Scott Wilson Roscoe Postle Associates Inc.(Scott Wilson RPA) to conduct a Mineral Resource Estimate and prepare a Technical Report which complies with NI 43-101 requirements. It is expected this estimate will be completed by early June with a report to follow in late July 2007.
David Oliver, P. Geo. is the Qualified Person for Duluth, in accordance with NI 43-101 of the Canadian Securities Administrators, and is responsible for the technical content of this press release and quality assurance of the exploration data and analytical results. The Company will be issuing periodic updates on the drilling and releasing assay results in groupings of 5-6 holes.
About Duluth Metals
Duluth is committed to acquiring, exploring and developing copper, nickel and platinum group metal (PGM) deposits. Duluth's principal property is the Maturi Extension Property located within the rapidly emerging Duluth Complex mining camp in northeastern 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. Duluth is pursuing other advanced stage nickel, copper and PGM projects which can be put into production within a suitable time frame.
This document may contain forward-looking statements (including " forward-looking statements" within the meaning of the US Privacy Securities Reform Act of 1995) relating to Duluth's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Duluth's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward- looking statements. Duluth disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.
Source: Duluth Metals Limited
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