Duluth Metals Presents at John Tumazos Very Independent Research, LLC Metals and Mining Conference
Posted on: Tuesday, 25 March 2008, 09:00 CDT
TORONTO, March 25 /PRNewswire-FirstCall/ -- Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) today announced that Duluth Metals President and CEO, Dr. Henry Sandri, will present on current and future developments of the Nokomis Deposit, Minnesota. The presentation will take place at 2:40 EST on Thursday March 27 at the John Tumazos Very Independent Research, LLC Metals and Mining Conference in New York. A live webcast presentation will be available through a link on the Duluth Metals website at http://www.duluthmetals.com/. An archived copy of the presentation will also be available on the Company website after the live presentation.
The Nokomis Deposit contains 347 million tonnes of Indicated Resources grading 0.62% copper, 0.20% nickel, 0.52 grams per tonne of total precious metals (TPM = Platinum+Palladium+Gold), and an additional 108 million tonnes of Inferred Resources grading 0.64% copper, 0.18% nickel, 0.70 grams per tonne of TPM. The Company has received a Scoping Study on the deposit completed by Scott Wilson RPA. David Oliver, P. Geo. and Duluth Project Manager is the Qualified Person, 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.
About Duluth Metals
Duluth Metals is committed to acquiring, exploring and developing copper, nickel and platinum group metal (PGM) deposits. Duluth Metals' principal property is the Nokomis Deposit 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.
This document may contain forward-looking statements (including "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995) relating to Duluth Metals' 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 Metals' 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 Metals 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.
Duluth Metals Limited
CONTACT: Mara Strazdins, Director of Corporate Communications, atmstrazdins@duluthmetals.com or at (416) 369-1500; or Henry Sandri, Presidentand CEO, at hsandri@duluthmetals.com; U.S. corporate office: telephone (651)389-9990; Web Page: http://www.duluthmetals.com/
Source: PRNewswire-FirstCall
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