Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Duluth Metals Limited Inc.

Publié le 04 mars 2008

Hits Higher Grade Mineralization In Eastern Area

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Copper | Nickel | Palladium | Precious Metals |

Re:        News Release - Tuesday, March 04, 2008
Title:     Duluth Metals Hits Higher Grade Mineralization In Eastern Area


TORONTO, Ontario, March 4, 2008 - Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) today announced it had intersected higher grade mineralization in four holes in the Eastern Area of the Maturi Extension Properties in Minnesota. Holes MEX -77, 78, 80 and 82 confirm the presence of higher grade mineralization in parts of the Eastern Area, relative to that in the initial NI 43-101qualified Nokomis Resource. (See press release dated June 26, 2007.) In comparing only these four holes, MEX-77, 78, 80 and 82 in our Eastern Area, (using a 0.5% copper cut-off), returned an average 40% increase in the copper grade, a 26% increase in the nickel grade, a 154% increase in the gold grade, a 222% increase in the platinum grade, a 220% increase in the palladium grade and a 211% increase in the TPM grades relative to the average grade of the Indicated Resource portion of the overall Nokomis Resource.

Of particular note is Hole MEX-78 which returned 123.1 feet of 0.905% copper and 0.264% nickel with 1.426 grams per tonne (g/t) of Total Precious Metals (TPM = Platinum+Palladium+Gold) and 3.7 g/t silver, including 113.3 feet of 0.941% copper, 0.274% nickel, 1.513 g/t TPM and 3.8 g/t silver, with a 49.2 foot section of 1.167% copper, 0.351 % nickel, 1.781 g/t TPM and 4.2 g/t silver. Hole MEX-80 intersected 88.6 feet of 0.689% copper, 0.209% nickel, 1.882 g/t TPM and 3.5 g/t silver including 49.2 feet of 0.916% copper, 0.258 % nickel, 2.361 g/t TPM and 4.8 g/t silver with a 14.9 foot section of 1.262% copper, 0.380 % nickel, 3.795 g/t TPM and 8.3 g/t silver. Hole MEX-77 was not completed due to technical problems but was suspended in higher grade mineralization returning 40 feet of 0.929% copper, 0.269% nickel and 2.379 g/t TPM including 30 feet of 1.030% copper, 0.294% nickel and 2.690 g/t TMP.

"The drilling results verify a significant increase in platinum, palladium and gold numbers as well as strong copper and nickel grades in our Eastern Area" stated Dr. Henry Sandri, President and CEO. "The four Eastern holes in this press release continue to demonstrate the higher tenor of the Eastern Area drill results, in comparison to the overall Nokomis grades. Marked increased grades in all metals have been, in general, a defining event of the Eastern Area."

Two additional holes, MEX 79 and 83, were also completed immediately south of and along the boundary of the Nokomis Resource Block in the western area of the property. Highlights include MEX-83 which intersected 105.5 feet of 0.632% copper, 0.176% nickel and 0.822 g/t TPM including 65.5 feet of 0.742% copper, 0.192 % nickel and 0.950 g/t TPM with a 10.0 foot section of 1.020% copper, 0.222 % nickel and 1.174 g/t TPM.

"We are proceeding further with our aggressive 200,000 foot drilling program to complete-fill and step-out drilling to the existing large Nokomis Resource Block, and exploration drilling to define new mineralization in the Eastern Exploration Area", stated Dr. Sandri.

A "MEX 77-83 Location Map" highlighting these holes can be found on our Company website at www.duluthmetals.com.

MEX 77-83 Location Map

Click to enlarge

True thickness is estimated at about 90% of core length. Drill hole MEX-77 was not completed with drilling suspended in mineralization due to technical difficulties*. The following table with (0.3% copper and 0.5% copper cut-offs) contains a more detailed summary of the drill intercepts:

                 
  HOLE ZONE FROM
(feet)
TO
(feet)
LENGTH
(feet)
COPPER
(%)
NICKEL
(%)
TPM*
(g/t)
  MEX-77 @0.5% Cu cut-off 3318 3358 40 0.929 0.269 2.379
    including 3328 3358 30 1.030 0.294 2.690
    *Hole not Completed-
Suspended in
Mineralization
                 
  MEX-78 @0.3% Cu cut-off 3700.8 3823.9 123.1 0.905 0.264 1.426
    @0.5% Cu cut-off 3710.6 3823.9 113.3 0.941 0.274 1.513
    including 3720.5 3769.7 49.2 1.167 0.351 1.781
    @0.5% Cu cut-off 3809 3823.9 14.9 1.152 0.307 1.877
                 
  MEX-79 @0.3% Cu cut-off 2806 2888 82 0.563 0.202 0.701
    @0.5% Cu cut-off 2818 2863 45 0.658 0.229 0.852
                 
  MEX-80 @0.3% Cu cut-off 4005.8 4094.4 88.6 0.689 0.209 1.882
    @0.5% Cu cut-off 4045.2 4094.4 49.2 0.916 0.258 2.361
    including 4055 4069.9 14.9 1.262 0.380 3.795
                 
  MEX-82 @0.3% Cu cut-off 3169.4 3223.6 54.2 0.658 0.199 0.838
    @0.5% Cu cut-off 3169.4 3213.8 44.4 0.735 0.225 0.938
    including 3194.1 3208.8 14.7 0.995 0.282 1.238
    @0.3% Cu cut-off 3326.9 3390.9 64 0.346 0.101 0.313
                 
  MEX-83 @0.3% Cu cut-off 2882.5 2988 105.5 0.632 0.176 0.822
    @0.5% Cu cut-off 2882.5 2948 65.5 0.742 0.192 0.950
    including 2903 2913 10 1.020 0.222 1.174
    and 2933 2938 5 1.070 0.185 1.077
*Total Precious Metals = Platinum+Palladium+Gold

Complete gold, platinum, and palladium assays for MEX-77, 78, 79, 80, 82 and 83 are as follows:

                 
  HOLE ZONE FROM
(feet)
TO
(feet)
LENGTH
(feet)
GOLD
(g/t)
PLATINUM
(g/t)
PALLADIUM
(g/t)
  MEX-77 @0.5% Cu cut-off 3318 3358 40 0.211 0.792 1.375
    including 3328 3358 30 0.229 0.898 1.563
    *Hole not Completed-
Suspended in
Mineralization
                 
  MEX-78 @0.3% Cu cut-off 3700.8 3823.9 123.1 0.170 0.359 0.897
    @0.5% Cu cut-off 3710.6 3823.9 113.3 0.180 0.381 0.952
    including 3720.5 3769.7 49.2 0.155 0.478 1.148
    @0.5% Cu cut-off 3809 3823.9 14.9 0.391 0.438 1.048
                 
  MEX-79 @0.3% Cu cut-off 2806 2888 82 0.104 0.179 0.418
    @0.5% Cu cut-off 2818 2863 45 0.133 0.217 0.502
                 
  MEX-80 @0.3% Cu cut-off 4005.8 4094.4 88.6 0.292 0.462 1.127
    @0.5% Cu cut-off 4045.2 4094.4 49.2 0.281 0.622 1.458
    including 4055 4069.9 14.9 0.442 0.975 2.378
                 
  MEX-82 @0.3% Cu cut-off 3169.4 3223.6 54.2 0.099 0.236 0.503
    @0.5% Cu cut-off 3169.4 3213.8 44.4 0.106 0.267 0.565
    including 3194.1 3208.8 14.7 0.141 0.327 0.769
    @0.3% Cu cut-off 3326.9 3390.9 64 0.039 0.080 0.194
                 
  MEX-83 @0.3% Cu cut-off 2882.5 2988 105.5 0.102 0.217 0.503
    @0.5% Cu cut-off 2882.5 2948 65.5 0.114 0.248 0.588
    including 2903 2913 10 0.143 0.273 0.759
    and 2933 2938 5 0.134 0.176 0.767

For the 2008 drill program, half core samples have been prepared at ALS Chemex Ltd. laboratories in Thunder Bay and then shipped to its analytical facilities in Vancouver. Samples are being analyzed for Au, Pt, and Pd using a standard fire assay with an ICP finish and for 27 other elements using a four acid (near total) digestion and a combination of ICPMS and ICPAES. ICP over limits were re-analyzed using sodium peroxide fusion, acid dissolution followed by ICPAES. The remaining half core samples are being stored in Minnesota.

Currently five drills are turning on the property. Large diameter PQ drilling is also continuing with the objective of providing large bulk sample material for further metallurgical test work.

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: please contact 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

Copyright © 2008 DULUTH METALS LIMITED (DM) All rights reserved. For more information visit our website at http://www.duluthmetals.com/ or send email to info@duluthmetals.com ..
Message sent on Tue Mar 4, 2008 at 6:55:41 AM Pacific Time

Duluth Metals Limited Inc.

EN DÉVELOPPEMENT
CODE : DM.TO
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Duluth Metals est une société d’exploration minière de nickel et de palladium basée au Canada.

Duluth Metals est en développement de projets de nickel, de palladium, de cobalt, de cuivre, d'or, de platine et de plomb en USA, et détient divers projets d'exploration au Canada.

Son principal projet en développement est BIRCH LAKE en USA et son principal projet en exploration est NOKOMIS au Canada.

Duluth Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 63,1 millions CA$ (50,9 millions US$, 44,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 4,07 CA$, et son plus bas niveau récent le 31 octobre 2014 à 0,06 CA$.

Duluth Metals possède 141 880 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Dans les médias de Duluth Metals Limited Inc.
05/07/2008Duluth Complex: A World-Class Value Play
Rapports annuels de Duluth Metals Limited Inc.
Annual Report 2007
Financements de Duluth Metals Limited Inc.
21/10/2014Extends Private Placement Closing Date
18/03/2014Completes First Tranche of Private Placement
10/03/2014Announces Private Placement Offering
01/04/2013Announces CDN $30 Million Convertible Debenture Financing
27/05/2011ANNOUNCES NORMAL COURSE ISSUER BID AND SECURITIES REPURCHASE...
27/08/2008Announces Extension Of Exercise Period For Class A Warrants ...
Nominations de Duluth Metals Limited Inc.
17/05/2011Appoints Lieutenant General John Sattler (USMC Ret.) and Mr....
16/09/2008Appoints Dean M. Peterson, Ph.D. as Senior Vice-President, E...
07/08/2008Appoints Thomas F. Pugsley To Board
Projets de Duluth Metals Limited Inc.
07/01/2014(Minnesota Project)Provides Twin Metals Minnesota Project Pre-feasibility Updat...
18/07/2013(Minnesota Project)Provides Metallurgical Update on Twin Metals Minnesota Proje...
22/05/2013(Minnesota Project)Highlights 70 feet of 0.83% Copper, 0.28% Nickel and 0.876 g...
16/04/2013(Minnesota Project)Highlights 110 feet of 0.94% Copper, 0.31% Nickel and 1.17 g...
12/02/2013Announces that Twin Metals Minnesota has Appointed Kelly J. ...
05/02/2013Identifies Two New Mineralized Areas on Exploration Lands
21/01/2013Announces SEDAR filing of AMEC Technical Report on the Twin ...
09/11/2012(Minnesota Project)Highlights 136 feet of 0.945% Copper, 0.256% Nickel and 0.63...
11/10/2012(Minnesota Project)Highlights 155 feet of 1.371% Copper, 0.281% Nickel and 0.86...
10/10/2012Announces Second Drill Rig Mobilized On The East Shore Prope...
24/09/2012Announces Commencement Of Drilling At Nickel Lake Macrodike
21/09/2012Confirms Receipt Of Prospecting Permits From Bureau Of Land ...
17/09/2012Set To Drill Significant Exploration Properties Outside Of J...
30/05/2012(Minnesota Project)Highlights 209 feet of 2.01% Copper Equivalent at west Matur...
21/09/2011Announces Twin Metals Minnesota Contract with Bechtel for Pr...
07/07/2011(Nokomis)Announces 120 feet of 2.19g/t Total Precious Metals 350 Metr...
05/05/2011Announces $8 Million Drilling and Work Program for Explorati...
28/04/2011Announces Aggressive 2011 Program for Twin Metals Project af...
29/03/2011(Nokomis)Announces Higher Grade Intercepts With New Twin Metals Drill...
21/07/2010(Nokomis)Signs Definitive Participation Agreement With Antofagasta Pl...
23/06/2010(Nokomis)Returns 2.2% Copper Equivalent Over 75 Feet
17/05/2010(Nokomis)Hits 2.6% Copper Equivalent Over 125 Feet at Nokomis
22/04/2010(Nokomis)Expands Higher Grade Area
22/03/2010(Nokomis)Higher Grade Assays In First Hole From Winter Drilling Progr...
04/03/2010(Nokomis)Ramps up Winter Exploration
28/01/2010(Nokomis)Set To Explore Significant Properties Outside Of Nokomis Joi...
11/12/2009Receives NI 43-101 Report and Updated Resource Estimate for ...
26/10/2009(Nokomis)Expands Nokomis Resource to 550 Million Indicated Tonnes and...
12/01/2009(Nokomis)43-101 Preliminary Assessment Report Confirming Positive Eco...
04/12/2008(Nokomis)continues to receive wide significant mineralized intersecti...
25/11/2008New Ni 43-101 Preliminary Economic Assessment Confirms Highe...
22/07/2008(Nokomis)Receives Ni 43-101 Report On Interim Nokomis Deposit Resourc...
02/04/2008(Nokomis)Cuts New High Grade Zone Below Nokomis Deposit
11/03/2008Expands Strategic Land Position by Over 350 Percent
14/02/2008(Nokomis)Continued Drilling Expands Nokomis Deposit
Communiqués de Presse de Duluth Metals Limited Inc.
16/12/2014commences mailout of management information circular for arr...
03/12/2014Granted Interim Order For Arrangement
10/11/2014completes initial tranche of private placement with Antofaga...
03/10/2014(Minnesota Project)Files NI 43-101 Pre-feasibility Study Technical Report on th...
02/06/2014Annual General Meeting to be Held at 10:00 AM EDT June 9th a...
26/02/2014Announces Increased Tonnage, Metal Content and an Upgraded M...
04/09/2013Announces High Grade Nickel Intercepts Indicative of New Con...
06/08/2013Announces Discovery Immediately Southeast of Teck's Mesaba P...
18/06/2013Announces 2013 Annual Shareholders' Meeting Voting Results
07/06/2013Annual General Meeting to be Held at 10:00 AM EDT June 13th ...
10/04/2013Announces Closing of CDN $30 Million Convertible Debenture F...
16/10/2012Announces Mobilization of a Third Drill Rig on Exploration ...
01/10/2012announces closing of US$10 million loan financing with A...
13/06/2012Announces New AMEC NI 43-101 Technical Report Confirming Sig...
14/05/2012(Minnesota Project)Highlights 116.5 feet of 1.32 g/t Total Precious Metals and ...
23/04/2012Announces 30 feet of 2.11 g/t Total Precious Metals and 94 f...
21/03/2012Announces Twin Metals Frame-of-Reference for Bechtel Led Pre...
17/01/2012Announces 40 feet of 2.67 g/t Total Precious Metals on Lates...
31/08/2011Completes Transfer of Franconia Minerals Assets into Twin ...
18/08/2011Information Bulletin Re Dividend of Special Warrants to its ...
02/08/2011Commences Drilling Program on Platinum Targets on the Land ...
28/07/2011Announces Dividend of Special Warrants of Duluth Exploration...
09/06/2011Announces 34.5 feet at 2.82% CuEq from Twin Metals New Drill...
07/06/2011Annual and Special Meeting to be Held June 15th at One King ...
03/03/2011Franconia Minerals Shareholders Approve Arrangement with Dul...
09/08/2010Last Week's Events
08/06/2010Annual And Special Meeting To Be Held At The Toronto Board O...
18/11/2009Nominated for Mining Journal's Exploration Award
30/10/2009Confirms 12 Million Indicated Ounces And 6 Million Inferred ...
18/08/2009Hole Hits Mineralization 900 Meters Southwest Of Defined Bou...
16/06/2009expands exploration land holdings in the Duluth Complex
10/09/2008Progress Report On The Nokomis Deposit
14/08/2008Continues Infill Drilling On The Nokomis Deposit
21/05/2008Announces Early Warrant Exercise
25/03/2008 Presents At John Tumazos Very Independent Research, Llc Met...
04/03/2008 Hits Higher Grade Mineralization In Eastern Area
19/02/2008options key infrastructure land parcel
05/09/2007new drill results confirm increased mineralization to Nokomi...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TORONTO (DM.TO)FRANKFURT (AZK.F)
0,445+0.00%7,75-2.95%
TORONTO
CA$ 0,445
22/01 15:52 -
0%
Cours préc. Ouverture
0,445 0,445
Bas haut
0,445 0,445
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,445 -%
Volume var. 1 mois
8 558 -%
24hGold TrendPower© : -9
Produit
Développe Cobalt - Copper - Nickel - Palladium - Platinum
Recherche Cobalt - Copper - Gold - Nickel - Palladium - Platinum
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 05/11/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,82 AU$+1,69%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
11,22 US$+1,63%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,55 GBX+2,59%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,48 CA$-1,59%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
15,84 CA$-1,31%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,19 AU$-7,32%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,85 CA$-2,63%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
51,83 US$+0,78%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$+0,00%Trend Power :