Duluth Metals Annual General Meeting to be Held at 10:00 AM EDT June 13th at Fairmont Royal York Hotel

 Duluth Metals Annual General Meeting to be Held at 10:00 AM EDT June 13th at
                          Fairmont Royal York Hotel

  PR Newswire

  TORONTO, June 7, 2013

TORONTO, June 7, 2013 /PRNewswire/ --

Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) is pleased to
announce that the Duluth Metals Annual Meeting of Shareholders will be held at
the Fairmont Royal York Hotel, Library Room - Main Mezzanine Level, 100 Front
Street West, Toronto on Thursday, June 13, 2013 at 10:00 a.m. EDT. An
archived copy of the presentation will also be available on the Company
website at http://www.duluthmetals.com after the meeting.

The meeting will include an update presentation on both the Twin Metals
Minnesota Project and the Duluth Metals exploration program. The Twin Metals
Minnesota Project is being advanced by Twin Metals Minnesota LLC, a joint
venture company which is 60% owned by Duluth Metals and 40% owned by
Antofagasta plc.

About Duluth Metals Limited

Duluth Metals Limited is committed to acquiring, exploring and developing
copper, nickel and platinum group metal (PGM) deposits. Duluth Metals has a
joint venture with Antofagasta plc on the Twin Metals Project, located within
the rapidly emerging Duluth Complex mining camp in north-eastern 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. Aside from the joint venture,
Duluth Metals retains a 100% position on approximately 40,000 acres of mineral
interests on exploration properties adjacent to and nearby the Twin Metals
Minnesota Project.

About Twin Metals Minnesota, LLC

Twin Metals Minnesota, LLC is a joint venture company, 60 percent owned by
Duluth Metals Limited and 40 percent by Antofagasta plc. Twin Metals was
formed in 2010 to pursue the development and operation of a copper, nickel and
platinum group metals (strategic metals) underground mining project within the
Duluth Complex in northeastern Minnesota. Twin Metals holds mineral and land
assets of approximately 32,000 acres of leased and permitted land, including
mineral resources prepared in compliance with the requirements of NI 43-101.

This press release contains forward-looking statements (including
"forward-looking information" within the meaning of applicable Canadian
securities legislation and "forward-looking statements" within the meaning of
the US Private Securities Litigation Reform Act of 1995) relating to, among
other things, the results of drilling operations of Duluth Metals and
exploration and mine development. Generally, forward-looking statements can be
identified by the use of words such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or statements that certain actions,
events or results "may", "could", "would", "might" or "will be taken", "occur"
or "be achieved". Duluth Metals has relied on a number of assumptions and
estimates in making such forward-looking statements, including, without
limitation, the prices of copper, nickel and platinum group metals (PGMs) and
the costs associated with continuing exploration and mining development. Such
assumptions and estimates are made in light of the trends and conditions that
are considered to be relevant and reasonable based on information available
and the circumstances existing at this time. A number of risk factors may
cause actual results, level of activity, performance or outcomes of such
exploration and/or mine development to be materially different from those
expressed or implied by such forward-looking statements including, without
limitation, whether such discoveries will result in commercially viable
quantities of such mineralized materials, the possibility of changes to
project parameters as plans continue to be refined, the ability to execute
planned exploration and future drilling programs, possible variations of
copper, nickel and PGM grade or recovery rates, the need for additional
funding to continue exploration efforts, changes in general economic, market
and business conditions, and those other risks set forth in Duluth Metals'
most recent annual information form under the heading "Risk Factors" and in
its other public filings. Statements related to "reserves" and "resources" are
deemed forward-looking statements as they involve the implied assessment,
based on realistically assumed and justifiable technical and economic
conditions, that an inventory of mineralization will become economically
extractable. Forward-looking statements are not guarantees of future
performance and such information is inherently subject to known and unknown
risks, uncertainties and other factors that are difficult to predict and may
be beyond the control of Duluth Metals. Although Duluth Metals has attempted
to identify important risks and factors that could cause actual actions,
events or results to differ materially from those described in forward-looking
statements, there may be other factors and risks that cause actions, events or
results not to be as anticipated, estimated or intended. Consequently, undue
reliance should not be placed on such forward-looking statements. In addition,
all forward-looking statements in this press release are given as of the date
hereof. Duluth Metals 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. The forward-looking statements contained herein are expressly
qualified by this disclaimer. Cautionary Note to United States Investors
Concerning Estimates of Indicated and Inferred Mineral Resources This press
release uses the terms "Indicated Mineral Resources" and "Inferred Mineral
Resources" in accordance with the Canadian Institute of Mining, Metallurgy and
Petroleum (CIM) Definition Standards. While such terms are recognized under
Canadian securities legislation, the United States Securities and Exchange
Commission does not recognize these terms. The term "Inferred Mineral
Resource" refers to a mineral resource for which quantity and grade or quality
can be estimated on the basis of geological evidence and limited sampling and
reasonably assumed, but not verified, geological and grade continuity. These
estimates are based on limited information and it cannot be assumed that all
or any part of an "Inferred Mineral Resource" will be upgraded to a higher
classification resource, such as "Indicated" or "Measured", as a result of
continued exploration. Accordingly, an estimate relating to an "Inferred
Mineral Resource" is insufficient to allow meaningful application of technical
and economic parameters or to enable an evaluation of economic viability.
Under Canadian securities legislation, estimates of an "Inferred Mineral
Resource" may not form the basis of feasibility or other economic studies.
Investors are cautioned not to assume that all or any part of an "Inferred
Mineral Resource" is economically or legally mineable. Investors are also
cautioned not to assume that all or any part of "Indicated" will ever be
converted into "Mineral Reserves" (being the economically mineable part of an
"Indicated" or "Measured Mineral Resource").

For further information:Mara Strazdins Vice President Investor Relations and
Corporate Communications Telephone: +1(416)369-1500 ext. 222 Email:
mstrazdins@duluthmetals.com Webpage:  http://www.duluthmetals.com Vern Baker
President Telephone: +1(651)389-9990 Email: vbaker@duluthmetals.com
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