Latest Platinum group Stories

TORONTO, Oct. 10, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth Metals" or the "Company") (TSX: DM) (TSX: DM.U) previously announced the distribution to its shareholders of record ("Shareholders of Record") as at August 23, 2011 of a dividend in kind, consisting of special warrants ("Special Warrants") automatically convertible to common shares of Duluth Exploration Limited ("DEL"), a spin-off entity which is a wholly-owned Canadian subsidiary of the Company. In August 2011, the...

TORONTO, Oct. 10, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth") (TSX: DM) (TSX:DM.U) is pleased to announce that a second drill rig has been mobilized on the  Target 3 area of the East Shore exploration property.  The drilling will be carried out in the Harris Lake/Heart Lake area approximately 4 miles south of the Nickel Lake Macrodike. Drilling is targeting VTEM geophysical anomalies along the sulphide bearing, eastern basal contact zone of the South Kawishiwi Intrusion....

TORONTO, Oct. 1, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth Metals" or the "Company") (TSX: DM) (TSX: DM.U) is pleased to announce that it has closed a US$10,000,000 loan financing with Antofagasta Minerals S.A. (a subsidiary of Antofagasta plc) pursuant to the terms of a participation agreement (the "Participation Agreement") relating to the Twin Metals Minnesota LLC joint venture (the "Joint Venture").  The loan proceeds have been invested in the Joint Venture as the...

TORONTO, Sept. 24, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth") (TSX: DM) (TSX:DM.U) is pleased to announce that drilling has commenced on the first target at the mouth of the Nickel Lake Macrodike, located in the Duluth Complex, north-eastern Minnesota. The first drill rig is targeting the significant gravity anomaly within the prospective Nickel Lake Macrodike situated on the Nor'East property. "We are extremely pleased to announce the commencement of the drill program...

TORONTO, Sept. 21, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth") (TSX: DM) (TSX:DM.U) is pleased to announce that further to the Press Release of September 17, 2012, the Company has received four Bureau of Land Management (BLM) Prospecting Permits covering strategic targets for their Minnesota exploration program. Duluth Metals intends to mobilize drill rigs on three different target areas, with the first drill rig targeting the significant gravity anomaly within the...

TORONTO, Sept. 17, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth") (TSX: DM) (TSX: DM.U) today announced that subject to the receipt of Bureau of Land Management (BLM) Prospecting Permits which are now expected to be issued on September 20(th), Duluth will mobilize and commence an immediate exploration drilling program on its key land positions situated in the South Kawishiwi Intrusion (SKI) of the Duluth Complex, Minnesota. Drill targets on the Nor'East and East Shore...

TORONTO, July 30, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth") (TSX: DM) (TSX:DM.U) today announces that the independent NI 43-101 Technical Report completed by AMEC E&C Services Inc. (AMEC) with a team led by Dr. Harry Parker entitled "Maturi, Birch Lake, and Spruce Road Cu-Ni-PGE Projects, Ely, Minnesota, USA, NI 43-101 Technical Report" with an effective date of June 15, 2012 has now been filed on Sedar (www.sedar.com). This filing follows the Duluth press release of...

TORONTO, July 9, 2012 /PRNewswire/ - Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) is pleased to announce the appointment of Mr. Kelly J. Osborne as its Chief Operating Officer (COO).  Mr. Osborne is a mining executive with over twenty-eight years of industry experience in the United States and Indonesia with major US based mining companies including Freeport-McMoRan, Vulcan Materials and Stillwater Mining Company. Prior to his appointment to Duluth Metals, Mr....

-- Discovery of a new PGM1mineralized zone (Spade Zone) on its River Valley Property -- Assays up to 8m @ 0.81 gpt2Pd, 0.31 gpt Pt, 1.18 gpt 3E3, 0.04% Ni, 0.09% Cu from 184m down hole -- Hosted internally within the River Valley Intrusion, stratigraphically above the typical contact style PGM mineralization. -- Further zone delineation drilling planned ________________________________ (1)...

-- River Valley Measured + Indicated resources: 91 million tonnes @ 0.58 g/t* palladium, 0.22 g/t platinum, 0.04 g/t gold at a cut off grade of 0.8 g/t PdEq** for 2,463,000 ounces PGM*** plus gold -- River Valley Inferred resources: 36 million tonnes @ 0.36 g/t palladium, 0.14 g/t platinum, 0.03 g/t gold at a cut off grade of 0.8 g/t PdEq for 614,000 ounces PGM plus gold -- On a PdEq basis, the...