This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Duluth Metals Highlights 155 Feet Of 0.917% Copper, 0.279% Nickel And 0.639 Grams Total Precious Metals At West Maturi In The Twin Metals Minnesota Project

TORONTO, November 15, 2012 /PRNewswire/ --
  • Drill results of the remaining 23 holes (MEX-409 to MEX 436) in the Maturi Deposit to be used in the final pre-feasibility AMEC resource report
  • Approximately 159 additional drill holes and 70 wedge offsets for the Maturi Deposit, including these 23 holes featured in this press release, will be factored into the final pre-feasibility AMEC resource numbers due later this month ( November 2012)
  • The final pre-feasibility AMEC resource estimate report will confirm the extent and distribution  of the higher grade portions of the deposit the  presence of which is indicated by the current drill results

Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX: DM.U) is pleased to announce assay results for 23 additional holes, MEX-409 to 436, on the Maturi Deposit within the Twin Metals Minnesota Project in northeastern Minnesota. Assay results highlight Area 1 (shallow west Maturi), where 16 of the 17 drill holes have significant length intercepts with average grades over 0.7% copper that meet a 0.5% Cu cut-off criteria. These holes, distributed across the Maturi Resource, continue to indicate the ability to define a higher grade sub-set of the resource for initial mine planning. These additional holes will be incorporated into the final resource estimate to be issued by AMEC later this month ( November 2012).

"These holes continue to show the continuity, thickness, and grade that will provide us a strong resource estimate on which we can base the pre-feasibility mine planning." stated Vern Baker, President of Duluth Metals. "The additional holes being added to the resource estimate have been very encouraging and will provide for a very robust estimate. The pre-feasibility study is also focusing on evaluating the optimum scale, location, mining method, and metallurgical process for the Twin Metals Minnesota Project."

Drilling highlights in the western section of the Maturi Deposit include:

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs