Nickel Investing News » DULUTH METALS (TSE:DM) ADDS HIGH GRADE ASSAYS TO NOKOMIS DEPOSIT

DULUTH METALS (TSE:DM) ADDS HIGH GRADE ASSAYS TO NOKOMIS DEPOSIT

March 12, 2009 @ 11:25 am In Nickel Company News

Duluth Metals ^[1] (TSE:DM) released today new drill results from their Nokomis Deposit in Minnesota. Results included an intersection of 5 feet with 3.280% copper, 0.542% nickel, 23.6 g/t silver and 4.178 grams per tonne (g/t) Total Precious Metals (TPM = Platinum+Palladium+Gold).

Duluth President and CEO, Dr. Henry Sandri is quoted as saying:

As shown in our January 12, 2009, Nokomis Deposit Preliminary Assessment, which uses the current lower metal prices, Nokomis projects positive economic returns (16.2% IRR) and has the potential to be combined low cost mining operation.

Click here to see the full press release ^[2].

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URLs in this post:

[1] Duluth Metals: http://nickelinvestingnews.com/442-duluth-metals-low-cost-production-potential.html

[2] here to see the full press release: http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/03-12-2009/0004987787&EDATE=