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Duluth Metals Continues To Identify New Mineralized Areas On Exploration Lands

Stocks in this article: DM

"The program has been successful identifying four areas of mineralization along the eastern edge of the SKI and the NLM that carry significant metal values and that demand additional work. This is a huge system, with the very large qualified Twin Metals Project resource identified in one area of the SKI, and the system has the potential to provide additional large areas of mineralization," commented Dean Peterson, Senior Vice President-Exploration of Duluth Metals.

Vern Baker, President of Duluth Metals commented, "We are continuing to explore this large parcel of land with a long term multi-phase drilling program. As the four identified areas of mineralization extend over a small region of the land package we will be continuing to compile drilling, geological and geophysical data for the land holdings and drill other strategic targets.  Two of our main target areas are the deeper portions of the NLM and the "delta" area west of the mouth of the NLM as the Phase 1 drilling has been concentrated in the upper portions of the Macrodike."

Area Location Map

The new areas of mineralization, Areas 1, 2, 3 and 4, are shown in Figure 1.

NLM Drilling Overview

Drilling to date has confirmed that the NLM is a southwest-northeast striking complex of intrusives, dipping steeply toward the southeast. The southeastern flank of the NLM is occupied by relatively flat-lying, layered gabbroic and troctolitic intrusions, forming a keel-shaped body akin to the Great Dyke. The northwestern flank of the NLM was formed by multiple pulses of magma, including heterogeneous ultramafic and inclusion- and sulphide-bearing phases, intruded as vertical sheet-like bodies.

As previously reported, initial drilling in the NLM has confirmed the existence of sulphide-bearing magmas in the feeder conduit to the mineralized SKI. In addition, this drilling has provided important stratigraphic data critical to developing a robust geological and geophysical model for exploring for high grade Ni-rich sulphide mineralization in and near the mouth of the NLM.

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