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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Duluth Metals Announces Results From Twin Metals Fence Drilling Program

A more detailed summary of the assay results for MEX-0442 to MEX-0467 and MEX-0469 to MEX-0477 can be found in the table below. True width is estimated at 80-100% of core length.


    Section      HOLE        Zone      From      To      Length     Cu      Ni      TPM
                                       (ft)     (ft)      (ft)     (%)     (%)     (g/t)
                             @0.3%
                              Cu
     SW-NE     MEX-0473     cut-off    689       941     252.0     0.53    0.16    0.371
                             @0.3%
                              Cu
     SW-NE     MEX-0443     cut-off    655       834     179.0     0.66    0.20    0.504
                             @0.3%
                              Cu
     SW-NE     MEX-0446     cut-off   639.3      824     184.7     0.75    0.25    0.574
                             @0.3%
                              Cu
     SW-NE     MEX-0449     cut-off    636       884     248.0     0.66    0.19    0.465
                             @0.3%
                              Cu
     SW-NE     MEX-0452     cut-off   638.75     847     208.3     0.80    0.23    0.701
                             @0.3%
                              Cu
     SW-NE     MEX-0454     cut-off    640       845     205.0     0.77    0.22    0.535
                             @0.3%
                              Cu
     SW-NE     MEX-0457     cut-off    659       904     245.0     0.66    0.19    0.427
                             @0.3%
                              Cu
     SW-NE     MEX-0459     cut-off    681       906     225.0     0.67    0.20    0.498
                             @0.3%
                              Cu
     SW-NE     MEX-0464     cut-off   699.5      962     262.5     0.74    0.22    0.519
                             @0.3%
                              Cu
     SW-NE     MEX-0469     cut-off   707.3      986     278.7     0.72    0.21    0.482
                             @0.3%
                              Cu
     SW-NE     MEX-0448     cut-off    660       924     264.0     0.66    0.19    0.419
                             @0.3%
                              Cu
     SW-NE     MEX-0467     cut-off    674       991     317.0     0.63    0.19    0.425
                             @0.3%
                              Cu
     SW-NE     MEX-0472     cut-off    689       997     308.0     0.64    0.21    0.469
                             @0.3%
                              Cu
     SW-NE     MEX-0476     cut-off   690.7    1038.3    347.6     0.62    0.19    0.393
                             @0.3%
                              Cu
     SW-NE     MEX-0466     cut-off   621.25    1009     387.8     0.61    0.19    0.419
                             @0.3%
                              Cu
     SW-NE     MEX-0471     cut-off   633.75   1005.5    371.8     0.58    0.18    0.454
                             @0.3%
                              Cu
     SW-NE     MEX-0474     cut-off    634     1007.25   373.3     0.52    0.16    0.359

                             @0.3%
                              Cu
     NW-SE     MEX-0463     cut-off   550.75     763     212.3     0.69    0.20    0.404
                             @0.3%
                              Cu
     NW-SE     MEX-0462     cut-off    544       781     237.0     0.76    0.22    0.492
                             @0.3%
                              Cu
     NW-SE     MEX-0460     cut-off   545.6      786     240.4     0.81    0.24    0.476
                             @0.3%
                              Cu
     NW-SE     MEX-0458     cut-off    557       807     250.0     0.70    0.21    0.444
                             @0.3%
                              Cu
     NW-SE     MEX-0456     cut-off   601.25     808     206.8     0.74    0.23    0.461
                             @0.3%
                              Cu
     NW-SE     MEX-0453     cut-off   614.4      903     288.6     0.69    0.20    0.459
                             @0.3%
                              Cu
     NW-SE     MEX-0451     cut-off    644      886.5    242.5     0.73    0.22    0.457
                             @0.3%
                              Cu
     NW-SE     MEX-0445     cut-off    690       994     304.0     0.58    0.17    0.382
                             @0.3%
                              Cu
     NW-SE     MEX-0444     cut-off   717.75    1032     314.3     0.67    0.19    0.470
                             @0.3%
                              Cu
     NW-SE     MEX-0477     cut-off   896.75    1152     255.3     0.45    0.13    0.287
                             @0.3%
                              Cu
     NW-SE     MEX-0475     cut-off   881.25    1108     226.8     0.61    0.18    0.415
                             @0.3%
                              Cu
     NW-SE     MEX-0470     cut-off    932     1212.6    280.6     0.74    0.22    0.557
                             @0.3%
                              Cu
     NW-SE     MEX-0465     cut-off    967     1243.5    276.5     0.65    0.20    0.423
                             @0.3%
                              Cu
     NW-SE     MEX-0461     cut-off    1036     1287     251.0     0.72    0.21    0.518
                             @0.3%
                              Cu
     NW-SE    MEX-0455-W1   cut-off    1065     1322     257.0     0.71    0.22    0.514
                             @0.3%
                              Cu
     NW-SE    MEX-0450-W1   cut-off    1093     1358     265.0     0.61    0.18    0.433
                             @0.3%
                              Cu
     NW-SE     MEX-0447     cut-off    1109    1398.5    289.5     0.65    0.19    0.487
                             @0.3%
                              Cu
     NW-SE     MEX-0442     cut-off    1183     1508     325.0     0.65    0.19    0.473

**TPM = Total Precious Metals (Platinum+Palladium+Gold) Note:   g/t = grams per tonne

Complete platinum, palladium, gold and silver and assays for MEX-0442 to MEX-0467 and MEX-0469 to MEX-0477 are as follows:


    Section    DHID         Zone         From    To    Length  Pt     Pd     Au     Co    Ag
                                         (ft)   (ft)    (ft)  (g/t)  (g/t) (g/t)   (%)  (g/t)
     SW-NE  MEX-0473   @0.3% Cu cut-off  689     941    252.0  0.102  0.220  0.049  0.01  1.8
     SW-NE  MEX-0443   @0.3% Cu cut-off  655     834    179.0  0.137  0.288  0.079  0.01  2.2
     SW-NE  MEX-0446   @0.3% Cu cut-off  639.3   824    184.7  0.133  0.345  0.095  0.01  2.4
     SW-NE  MEX-0449   @0.3% Cu cut-off  636     884    248.0  0.112  0.272  0.081  0.01  2.4
     SW-NE  MEX-0452   @0.3% Cu cut-off  638.75  847    208.3  0.300  0.325  0.076  0.01  2.9
     SW-NE  MEX-0454   @0.3% Cu cut-off  640     845    205.0  0.133  0.320  0.082  0.01  2.4
     SW-NE  MEX-0457   @0.3% Cu cut-off  659     904    245.0  0.104  0.253  0.070  0.01  2.4
     SW-NE  MEX-0459   @0.3% Cu cut-off  681     906    225.0  0.137  0.295  0.067  0.01  2.3
     SW-NE  MEX-0464   @0.3% Cu cut-off  699.5   962    262.5  0.133  0.303  0.083  0.01  2.6
     SW-NE  MEX-0469   @0.3% Cu cut-off  707.3   986    278.7  0.126  0.279  0.077  0.01  2.7
     SW-NE  MEX-0448   @0.3% Cu cut-off  660     924    264.0  0.101  0.244  0.075  0.01  1.8
     SW-NE  MEX-0467   @0.3% Cu cut-off  674     991    317.0  0.094  0.246  0.085  0.01  2.4
     SW-NE  MEX-0472   @0.3% Cu cut-off  689     997    308.0  0.119  0.276  0.074  0.01  2.7
     SW-NE  MEX-0476   @0.3% Cu cut-off  690.7  1038.3  347.6  0.094  0.237  0.062  0.01  2.3
     SW-NE  MEX-0466   @0.3% Cu cut-off  621.25 1009    387.8  0.118  0.244  0.057  0.01  2.1
     SW-NE  MEX-0471   @0.3% Cu cut-off  633.75 1005.5  371.8  0.111  0.250  0.093  0.01  2.1
     SW-NE  MEX-0474   @0.3% Cu cut-off  634    1007.25 373.3  0.088  0.214  0.057  0.01  1.6

     NW-SE  MEX-0463   @0.3% Cu cut-off  550.75  763    212.3  0.105  0.234  0.065  0.01  2.2
     NW-SE  MEX-0462   @0.3% Cu cut-off  544     781    237.0  0.134  0.275  0.083  0.01  2.4
     NW-SE  MEX-0460   @0.3% Cu cut-off  545.6   786    240.4  0.113  0.271  0.091  0.01  2.8
     NW-SE  MEX-0458   @0.3% Cu cut-off  557     807    250.0  0.115  0.260  0.069  0.01  2.4
     NW-SE  MEX-0456   @0.3% Cu cut-off  601.25  808    206.8  0.107  0.277  0.077  0.01  2.6
     NW-SE  MEX-0453   @0.3% Cu cut-off  614.4   903    288.6  0.115  0.268  0.076  0.01  2.4
     NW-SE  MEX-0451   @0.3% Cu cut-off  644     886.5  242.5  0.115  0.279  0.064  0.01  2.5
     NW-SE  MEX-0445   @0.3% Cu cut-off  690     994    304.0  0.095  0.223  0.064  0.01  1.7
     NW-SE  MEX-0444   @0.3% Cu cut-off  717.75 1032    314.3  0.132  0.270  0.068  0.01  2.3
     NW-SE  MEX-0477   @0.3% Cu cut-off  896.75 1152    255.3  0.074  0.170  0.043  0.01  1.3
     NW-SE  MEX-0475   @0.3% Cu cut-off  881.25 1108    226.8  0.110  0.246  0.058  0.01  1.8
     NW-SE  MEX-0470   @0.3% Cu cut-off  932    1212.6  280.6  0.147  0.306  0.103  0.01  2.9
     NW-SE  MEX-0465   @0.3% Cu cut-off  967    1243.5  276.5  0.111  0.245  0.067  0.01  2.3
     NW-SE  MEX-0461   @0.3% Cu cut-off 1036    1287    251.0  0.127  0.308  0.083  0.01  2.5
     NW-SE MEX-0455-W1 @0.3% Cu cut-off 1065    1322    257.0  0.123  0.311  0.080  0.01  2.6
     NW-SE MEX-0450-W1 @0.3% Cu cut-off 1093    1358    265.0  0.121  0.246  0.067  0.01  2.1
     NW-SE  MEX-0447   @0.3% Cu cut-off 1109    1398.5  289.5  0.131  0.284  0.073  0.01  2.2
     NW-SE  MEX-0442   @0.3% Cu cut-off 1183    1508    325.0  0.117  0.282  0.074  0.01  2.4

Twin Metals' resource estimation consultant, AMEC E&C Services Inc. (AMEC), is working on a revised resource estimate that will incorporate all drilling completed since September 2012. In addition to results from the fence drilling program and revised resource definitions, the estimate will incorporate results of an ongoing drill program designed to upgrade targeted areas of the Maturi resource base from Inferred to Indicated Resource classification. The updated resource estimate and revised Technical Report are expected in the spring of 2014.

The Twin Metals Minnesota Project covers over 32,000 acres of land/mineral interests and consolidates the largest base and precious metal land position in Minnesota. This extensive land position provides Twin Metals with the platform to plan and develop one of the world's largest copper-nickel-PGM deposits within a new emerging mining belt in Minnesota, USA.

For the 2013 Drill Program, half core samples are being prepared at ALS Minerals laboratories in Thunder Bay and then shipped to its analytical facilities in Vancouver. Samples are being analyzed for Au, Pt, and Pd using a 30g standard fire assay with an ICP-AES finish and for 33 other elements using a four acid (near total) digestion and a combination of ICP-MS and ICP-AES. ICP over-limits for copper and nickel are re-analyzed using four acid (near total) digestion followed by ICP-MS. The remaining half core samples are being stored in Minnesota.

Drill collar information for MEX-0442 to MEX-0467 and MEX-0469 to MEX-0477 is shown in the table below:


    Hole           Easting    Northing     Azimuth     Inclination
                                          (bearing)     (degrees)
    MEX-0442       2954436      805006          002            -89
    MEX-0443       2953985      805133          272            -65
    MEX-0444       2954105      805400          084            -90
    MEX-0445       2954104      805401          333            -88
    MEX-0446       2953985      805134          279            -67
    MEX-0447       2954436      805007          320            -85
    MEX-0448       2954104      805402          321            -84
    MEX-0449       2953986      805135          287            -70
    MEX-0450-W1    2954436      805007          320            -83
    MEX-0451       2954103      805402          321            -80
    MEX-0452       2953986      805136          298            -72
    MEX-0453       2954102      805403          321            -74
    MEX-0454       2953986      805138          310            -74
    MEX-0455-W1    2954436      805007          320            -81
    MEX-0456       2954102      805404          321            -70
    MEX-0457       2953988      805139          323            -74
    MEX-0458       2954102      805404          321            -65
    MEX-0459       2953989      805140          336            -75
    MEX-0460       2954101      805405          321            -59
    MEX-0461       2954436      805008          320            -78
    MEX-0462       2954099      805406          321            -53
    MEX-0463       2954098      805408          321            -47
    MEX-0464       2953989      805142          357            -71
    MEX-0465       2954435      805009          320            -74
    MEX-0466       2954259      805618          154            -89
    MEX-0467       2954095      805386          002            -82
    MEX-0468       2955379      803274          092            -71
    MEX-0469       2953994      805141          004            -69
    MEX-0470       2954434      805009          320            -71
    MEX-0471       2954260      805619          050            -86
    MEX-0472       2954098      805388          017            -81
    MEX-0473       2953980      805128          267            -63
    MEX-0474       2954261      805619          050            -81
    MEX-0475       2954434      805009          320            -68
    MEX-0476       2954098      805383          031            -74
    MEX-0477       2954434      805010          320            -63

*Collar easting and northing coordinates are given as feet in Minnesota North State Plane Coordinates, NAD83 datum.

2 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,083.80 -2.83 -0.02%
S&P 500 1,987.98 +0.97 0.05%
NASDAQ 4,472.1080 -1.5890 -0.04%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs