Duluth Metals expands strategic land position by over 350 percent



    TORONTO, March 11 /CNW/ - Duluth Metals Limited ("Duluth Metals")
(TSX: DM) (TSX:DM.U) today announced a substantial increase in their strategic
land position in the highly prospective Duluth Complex with the addition of
approximately 9,275 acres of mineral rights in two different locations. These
new land additions increase Duluth Metals mineral rights holdings by more than
355%, from 2,612 acres to a total of 11,887 acres. Both land parcels are
located in Lake County, Minnesota.
    The first land tract, joining two portions of Duluth Metals' Maturi
Extension Properties, will allow Duluth Metals to extend their drilling
program directly south west of the Nokomis Deposit with the possibility of
expanding the current Resource Block. The second tract is situated in a new
unexplored area largely within the South Kawishiwi Intrusion ("SKI"),
approximately 7.0 kilometers (4.9 miles) to the south of the Maturi Extension
Properties.
    The first tract (called "Bridge Property") covering an area of
approximately 395 acres has been leased from the State and several private
interests and is adjacent to Duluth Metals' Maturi Extension Properties, which
hosts the copper-nickel-PGE Nokomis Deposit. This new parcel is contiguous to
Duluth Metals' original land position and adds significant strategic acreage
to the southwest. This will allow Duluth Metals continuous exploration of the
southwest extension of the Nokomis Deposit, through the newly leased
properties, to its existing Nickel Ridge parcel. Historical drilling adjacent
to this new parcel indicates Nokomis style mineralization exists for at least
a kilometer to the southwest, with most holes showing an enhanced copper and
nickel grades at Nickel Ridge. Duluth Metals' step-out drilling program,
dedicated to expanding the Nokomis Resource Block, will attempt to confirm
these historical results. The total distance from the present southwest
boundary of the currently defined Nokomis Deposit along the trend to the
southern boundary of the new tract of land is approximately 2.1 kilometers
(1.3 miles).
    "Duluth Metals has been working diligently to acquire property assets in
the Duluth Complex that are likely to host additional mineralization to add to
our inventory and will link to our property blocks. We have been successful on
several fronts and have added enormously to our exploration portfolio. We have
now made all of the known and potential mineralized areas within the expanded
Maturi Extension Properties contiguous", stated Dr. Henry Sandri, President &
CEO.
    The second tract (called "State Lands Property") consists of 8,880 acres
leased from the State of Minnesota. The majority of this land is believed to
lie within the area of the SKI. There has been no exploration of the
mineralized horizon at this location, but exploration on adjoining lands in
the SKI shows evidence of significant copper/nickel/PGE mineralization. During
the 2008 field season, Duluth Metals will initiate geological and geophysical
investigations to evaluate the mineral potential of this area.
    A map showing Duluth Metals current land position, including the Bridge
Property and the State Lands Property can be found on our website at:
www.duluthmetals.com.
    "The importance of these acquisitions is that we have greatly increased
our land position in the Duluth Complex and they are located adjacent to and
near our current land holdings in a very favorable area of the South Kawishiwi
Intrusion. The South Kawishiwi Intrusion currently hosts four large
copper-nickel-PGM deposits, totaling more than one billion tonnes of Indicated
and Inferred Resources, including our large Nokomis Deposit with
347 million tonnes of Indicated and 108 million tonnes of Inferred Resources",
said Dr. Sandri. "To date, the Nokomis Deposit together with our step-out
drilling since last summer has covered only about fifty percent of our mineral
holdings. With the addition of these new lands, we have explored less than
15 percent of our mineral holdings."
    David Oliver, P. Geo. and Duluth Project Manager is the Qualified Person,
in accordance with NI 43-101 of the Canadian Securities Administrators, and is
responsible for the technical content of this press release and quality
assurance of the exploration data and analytical results.

    About Duluth Metals

    Duluth is committed to acquiring, exploring and developing copper, nickel
and platinum group metal (PGM) deposits. Duluth's principal property is the
Nokomis Deposit located within the rapidly emerging Duluth Complex mining camp
in northeastern Minnesota. The Duluth Complex hosts one of the world's largest
undeveloped repositories of copper, nickel and PGMs, including the world's
third largest accumulation of nickel sulphides, and one of the world's largest
accumulations of polymetallic copper and platinum group metals.

    This document may contain forward-looking statements (including
"forward-looking statements" within the meaning of the US Private Securities
Litigation Reform Act of 1995) relating to Duluth's operations or to the
environment in which it operates. Such statements are based on operations,
estimates, forecasts and projections. They are not guarantees of future
performance and involve risks and uncertainties that are difficult to predict
and may be beyond Duluth's control. A number of important factors could cause
actual outcomes and results to differ materially from those expressed in
forward-looking statements, including those set forth in other public filings.
In addition, such statements relate to the date on which they are made.
Consequently, undue reliance should not be placed on such forward-looking
statements. Duluth disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise, save and except as may be required by applicable
securities laws.





For further information:

For further information: Mara Strazdins, Director of Corporate
Communications, at mstrazdins@duluthmetals.com, or at (416) 369-1500; or Henry
Sandri, President and CEO, at hsandri@duluthmetals.com; Minnesota corporate
office: telephone (651) 389-9990; Web Page: www.duluthmetals.com

Organization Profile

Duluth Metals Limited

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890