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Duluth Metals Identifies Two New Mineralized Areas On Exploration Lands

Cautionary Note to United States Investors Concerning Estimates of Indicated and Inferred Mineral Resources This press release uses the terms "Indicated Mineral Resources" and "Inferred Mineral Resources" in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards. While such terms are recognized under Canadian securities legislation, the United States Securities and Exchange Commission does not recognize these terms. The term "Inferred Mineral Resource" refers to a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. These estimates are based on limited information and it cannot be assumed that all or any part of an "Inferred Mineral Resource" will be upgraded to a higher classification resource, such as "Indicated" or "Measured", as a result of continued exploration. Accordingly, an estimate relating to an "Inferred Mineral Resource" is insufficient to allow meaningful application of technical and economic parameters or to enable an evaluation of economic viability. Under Canadian securities legislation, estimates of an "Inferred Mineral Resource" may not form the basis of feasibility or other economic studies. Investors are cautioned not to assume that all or any part of an "Inferred Mineral Resource" is economically or legally mineable. Investors are also cautioned not to assume that all or any part of "Indicated" will ever be converted into "Mineral Reserves" (being the economically mineable part of an "Indicated" or "Measured Mineral Resource").

[ 1 ] TPM = platinum+palladium+gold, expressed as grams per tonne.

Image with caption: "Figure 1 - Project Area Location, Bedrock Geology and Resources Map (CNW Group/Duluth Metals Limited)". Image available at: http://photos.newswire.ca/images/download/20130205_C2813_PHOTO_EN_23272.jpg

Image with caption: "Figure 2a - Geologic map of the East Shore area (CNW Group/Duluth Metals Limited)". Image available at: http://photos.newswire.ca/images/download/20130205_C2813_PHOTO_EN_23273.jpg

Image with caption: "Figure 2b - Geologic cross section of the East Shore area (CNW Group/Duluth Metals Limited)". Image available at: http://photos.newswire.ca/images/download/20130205_C2813_PHOTO_EN_23274.jpg

Image with caption: "Figure 3a - Copper geochemical anomaly map of glacial tills within the Nickel Lake Macrodike area (CNW Group/Duluth Metals Limited)". Image available at: http://photos.newswire.ca/images/download/20130205_C2813_PHOTO_EN_23275.jpg

Image with caption: "Figure 3b - Precious metal (Pt+Pd+Au) geochemical anomaly map of glacial tills within the Nickel Lake Macrodike area (CNW Group/Duluth Metals Limited)". Image available at: http://photos.newswire.ca/images/download/20130205_C2813_PHOTO_EN_23279.jpg

Image with caption: "Figure 4 - Geologic Map of the Nickel Lake Macrodike Area (CNW Group/Duluth Metals Limited)". Image available at: http://photos.newswire.ca/images/download/20130205_C2813_PHOTO_EN_23280.jpg

Image with caption: "Figure 4 - Cross Section of the Nickel Lake Macrodike Area (CNW Group/Duluth Metals Limited)". Image available at: http://photos.newswire.ca/images/download/20130205_C2813_PHOTO_EN_23277.jpg

 

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