DULUTH METALS ANNOUNCES TWIN METALS INITIAL ORGANIZATION APPOINTMENTS FOR THE NOKOMIS JOINT VENTURE PROJECT

TORONTO, Oct. 27 /PRNewswire-FirstCall/ – Duluth Metals Limited (“Duluth Metals”) (TSX: DM) (TSX:DM.U) today announced that Twin Metals Minnesota LLC (“Twin Metals”) has appointed a Board of Directors, CEO and a highly qualified
Technical Committee in its initial organizational appointments. The new
Directors and Technical Committee appointments are equally distributed
between Duluth Metals and Antofagasta plc (“Antofagasta”) with the
Chairman position rotating every 12 months.  On October 5-6, 2010, the
Board held its second meeting and the Technical Committee held its
inaugural meeting in Ely, Minnesota.

“Twin Metals has assembled a high calibre management and technical team
to advance the Nokomis Project through the various development stages.”
stated Christopher Dundas, Chairman and CEO of Duluth Metals. “Twin
Metals have started the pre-feasibility stage of the Nokomis Project
which will focus on mine planning, engineering studies, trade-off
analyses, metallurgical and environmental studies, project
optimization, continued drilling and an updated resource estimate
incorporating the drill results over the last year.”

The new CEO of Twin Metals is Juan Andres Morel, Mining Eng., MBA, and
previous General Manager at Antofagasta’s El Tesoro Mine in Chile. 
Prior to joining Antofagasta, he worked at CODELCO Chile, Meridian Gold
Inc., and Amax Gold Inc. He has over 20 years of management experience
in both underground and open pit mining operations including El
Teniente, Andina and El Penon.

The Board of Directors has six members with Christopher Dundas, James
Jackson and Tom Pugsley appointed from Duluth Metals, and Francisco
Walther, William Hayes, and Gary Loving appointed from Antofagasta. The
Chairman of Twin Metals for the first year will be Christopher Dundas,
currently Chairman and CEO of Duluth Metals.

The Technical Committee has six members appointed equally from Duluth
Metals and Antofagasta.  Members on the Technical Committee appointed
by Duluth Metals include:

• Vern Baker, Mining Eng., MBA, current President of Duluth Metals and a
  highly experienced mining executive with a focus on underground
  operations having previously been the General Manager at the Goldstrike
  mine in Nevada (Barrick Gold Corporation), the Homestake mine in South
  Dakota (Homestake Gold), the Hemlo mine in Ontario ( JV operation of
  Teck and Barrick), the Stillwater mine in Montana (Stillwater) and most
  recently, VP Operations for FNX Mining in Sudbury;
• Andrew Hara, Mining Eng., currently an Advisory Board Member for Duluth
  Metals and mining consultant with over 30 years of international mining
  experience previously with Noranda Inc., Falconbridge Ltd – Kidd Creek
  Mines, Denison-Potacan Potash Company, CANMET, and K.G.H.M (Polish
  Copper Mines);
• Chris Flemming, Ph.D. Chemistry, currently senior metallurgical
  consultant with SGS Minerals and previously held senior management
  positions with SGS Lakefield Research and Mineral Services from 1990
  onwards.

Members on the Technical Committee appointed by Antofagasta include:

• Francisco Walther, Mining Eng., M.Sc. Mineral Economics, with 25 years
  of experience in underground and open pit mining operations and
  engineering, currently with Antofagasta Minerals S.A. Group and
  previously with CODELCO Chile and NCL Mining Engineering and
  Consulting;
• G. Holger Bannach, Chemical Eng., with over 30 years of experience,
  currently Process Engineering Manager with Antofagasta Minerals and
  previously with CODELCO Chile, Compania del Cobre Chuquicamata, Chile
  Copper Ltd and Chile Exploration Company (The Anaconda Company);
• Guillermo Muller Masser, Mining Geologist with over 25 years of geology
  and mine reserve experience, currently Manager of Resources Evaluation
  in the Vice-Presidency of Mining Resources of Antofagasta Minerals
  (AMSA) and previous with CODELCO where his last post was Director of
  Geology.

About Duluth Metals

Duluth Metals is committed to acquiring, exploring and developing
copper, nickel and platinum group metal (PGM) deposits. Duluth Metals
has a joint venture with Antofagasta plc on the Nokomis Project,
located within the rapidly emerging Duluth Complex mining camp in
north-eastern 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.  Aside from the joint venture, Duluth Metals retains a
100% position on approximately 31,000 acres of mineral interests on
exploration properties adjacent to and nearby the Nokomis joint
venture.

About Twin Metals Minnesota LLC

Twin Metals Minnesota LLC is a new joint venture company, which is 60%
owned by Duluth Metals and 40% by Antofagasta plc.  The joint venture’s
principal asset is called the Nokomis Project, located within the
Duluth Complex mining camp in north-eastern Minnesota.

“This document may contain forward-looking statements (including
“forward-looking information” within the meaning of applicable Canadian
securities legislation and “forward-looking statements” within the
meaning of the US Private Securities Litigation Reform Act of 1995)
relating to, among other things, the operations of Duluth Metals, the
environment in which it operates, timing and amount of capital
expenditures, results of exploration and mine development, the
availability of funding to Duluth Metals and timing of geological
reports. Such statements are based on operations, estimates, forecasts
and projections. They are not guarantees of future performance and
involve known and unknown risks, uncertainties and other factors that
are difficult to predict and may be beyond the control of Duluth
Metals. 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 the annual information form
under the heading “Risk Factors” and in the other public filings of
Duluth Metals. Consequently, undue reliance should not be placed on
such forward-looking statements. In addition, all forward-looking
statements in this press release are given as of the date hereof.
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.

SOURCE Duluth Metals Limited