UPDATE: Duluth Reports Assay Results from Twin Metals Minnesota's Birch Lake Deposit; Shares Down Slightly Near Midday
Duluth Metals Limited (DM.TO) announced assay results for 28 holes on the Birch Lake Deposit within the Twin Metals Minnesota Project in northeastern Minnesota today.
Drilling highlights in the Birch Lake Deposit include:
BL11-07-W1 returned a 153.5 foot intersection of 0.767% copper, 0.197% nickel, 3.0 g/t silver and 1.988 grams TPM (TPM = Platinum+Palladium+Gold) at a 0.5% Cu cut-off.
BL11-05 returned a 67.5 foot intersection of 0.710% copper, 0.230% nickel, 2.5 g/t silver and 1.817 grams TPM at a 0.5% Cu cut-off.
BL12-09 returned a 101.3 foot intersection of 0.862% copper, 0.273% nickel, 3.0 g/t silver and 1.237 grams TPM at a 0.5% Cu cut-off.
BL12-10 returned a 53 foot intersection of 0.638% copper, 0.182% nickel, 2.3 g/t silver and 1.158 grams TPM at a 0.5% Cu cut-off.
Duluth is down 2 cents to $2.40, on volume 11,600.
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