Duluth Metals Announces High Grade Nickel Intercepts Indicative of New Contact Zones in the Maturi Deposit

Duluth Metals Announces High Grade Nickel Intercepts Indicative of New Contact
                         Zones in the Maturi Deposit

  PR Newswire

  TORONTO, September 4, 2013

TORONTO, September 4, 2013 /PRNewswire/ --

  *Two high grade nickel intersections with significant off hole
    electromagnetic anomalies
  *Down hole Crone electromagnetic surveys indicate strong conductivity off
    hole from Mex-50 and Mex-111
  *New geophysical and drilling results indicate potential for semi-massive
    to massive sulphide mineralization

Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX: DM.U) is pleased to
announce that a zone of high grade nickel-copper mineralization has been
intersected on the southern edge of the Maturi Deposit within the Twin Metals
Minnesota ("Twin Metals") Project in northeastern Minnesota.Drilled as part
of the metallurgical program, Hole MEX276-W1 intersected 26.5 feet of 3.93%
nickel, 0.68% copper, 0.44 g/t silver, and 0.44 g/t TPM (TPM =
Platinum+Palladium+Gold). A follow-up hole, MEX-468 , drilled approximately
300 feet to the southwest intersected 15.0 feet of 1.52% nickel, 0.99% copper,
0.50 g/t TPM . Crone down-hole electromagnetic surveying in MEX-468 has
confirmed extensive off-hole conductivity. As the drill holes are within the
margin of an extensive coincidental conductive zone, there is strong potential
for additional higher grade mineralization within this area.

Geophysical Crone down-hole electromagnetic (EM) surveying in drill-holes
MEX-50, MEX-111 and MEX-468 has shown strong conductivity off-hole from MEX-50
and MEX-111 in a zone extending 2500 feet long by 500 to 1000' wide with
better conductivity in the immediate vicinity of MEX-468 as shown in Figure 1.
The new nickel mineralization occurs as massive to semi-massive sulphides, at,
or immediately below the contact between the South Kawishiwi Intrusion and the
Giants Range batholith.On time, step response data from the Crone survey,
indicates a zone of higher conductivity in close proximity to MEX-468, within
the larger conductive zone. Higher conductivity is indicative of greater
concentrations of conductive minerals, such as massive sulfides.

"Within a massive mineralized system like Twin Metals, our geologists have
always believed there is potential for higher grade pods of mineralization,"
stated Christopher Dundas, Chairman and CEO of Duluth Metals Limited."These
new off-hole anomalies suggest that the conductive zone is extensive and
requires additional drilling to test the central portions for massive and
semi-massive sulphides."

"This drilling shows that the geologic potential of the Twin Metals Project
can continue to evolve," commented, Vern Baker, President of Duluth Metals.
"We see the possibility of higher grade massive sulphide zones within the TMM
project area. The opportunity to find and define these zones may add a new
dimension to what is already a world class project."

Other higher grade nickel intersections have been reported on the margins of
the conductive zone in previous holes drilled by Twin Metals. MEX-276
intersected 5 feet of 1.76% nickel, 0.73% copper, 0.31 g/t TPM ; MEX-439M-W1
intersected 5 feet of 1.56% nickel, 0.55% copper, 0.54 g/t TPM ; and
MEX-439M-W3 intersected 5 feet of 1.18% nickel, 0.98% copper, 0.36 g/t TPM .

In addition, historic hole DU-13 , which is located approximately 3000 feet to
the south within a mineralized area previously referred to as the Nickel Ridge
Area, reported 10 feet of 1.57% nickel, 1.03% copper .(See Duluth Metals
press release dated August 18, 2009.)There is no drilling between this hole
and the newly identified mineralization.

Figure 1 shows the two reported holes, historic drill holes and the conductive
zones.

A more detailed summary of the assay results for MEX-468 and nearby
nickel-rich footwall mineralization including MEX-276-W1 results can be found
in the table below. True width is estimated at about 80-90% of core length.


        HOLE           Zone       From   To   Length  Cu   Ni   Co   TPM
                                  (ft)  (ft)   (ft)  (%)  (%)  (%)  (g/t)
      MEX-0276   @1.0% Ni cut-off 3003   3008   5    0.73 1.76 0.05 0.31
    MEX-0276-W1  @0.5% Ni cut-off 3113 3139.5  26.5  0.68 3.93 0.13 0.43
       Including @1.0% Ni cut-off 3118 3139.5  21.5  0.76 4.66 0.15 0.50
    MEX-0439M-W1 @0.5% Ni cut-off 2858   2893   35   0.42 0.66 0.02 0.31
       Including @1.0% Ni cut-off 2878   2883   5    0.55 1.56 0.05 0.54
    MEX-0439M-W3 @0.5% Ni cut-off 2868   2893   25   0.56 0.76 0.03 0.32
       Including @1.0% Ni cut-off 2888   2893   5    0.98 1.18 0.04 0.36
      MEX-0468   @0.5% Ni cut-off 3099   3124   25   0.71 1.14 0.04 0.41
       Including @1.0% Ni cut-off 3109   3124   15   0.99 1.52 0.06 0.50


**TPM = Total Precious Metals (Platinum+Palladium+Gold) Note:  g/t = grams
per tonne

Complete platinum, palladium, gold and silver and assays for MEX-468 and
nearby nickel-rich footwall mineralization including MEX-276-W1 are as
follows:


        HOLE           Zone       From   To   Length  Pt    Pd    Au    Ag
                                  (ft)  (ft)   (ft)  (g/t) (g/t) (g/t) (g/t)
      MEX-0276   @1.0% Ni cut-off 3003   3008   5    0.08  0.21  0.03   0.6
    MEX-0276-W1  @0.5% Ni cut-off 3113 3139.5  26.5   0.1  0.32  0.01  <0.05
       Including @1.0% Ni cut-off 3118 3139.5  21.5  0.11  0.38  0.01   0.1
    MEX-0439M-W1 @0.5% Ni cut-off 2858   2893   35   0.08   0.2  0.02   0.5
       Including @1.0% Ni cut-off 2878   2883   5    0.13  0.39  0.02   0.7
    MEX-0439M-W3 @0.5% Ni cut-off 2868   2893   25   0.09  0.21  0.02   0.6
       Including @0.5% Ni cut-off 2888   2893   5    0.09  0.25  0.02   1.0
      MEX-0468   @0.5% Ni cut-off 3099   3124   25   0.10  0.28  0.04   0.9
       Including @1.0% Ni cut-off 3109   3124   15   0.11  0.34  0.05   1.2


Historic drill results referenced in Duluth Metals August 18, 2009 press
release is as follows:


      HOLE          Zone       From  To  Length  Cu   Ni
                               (ft) (ft)  (ft)  (%)  (%)
      DU-13   @0.5% Cu cut-off 3540 3600   60   0.58 0.46
    including @1.0% Ni cut-off 3540 3550   10   1.03 1.57

The Twin Metals Minnesota Project covers over 32,000 acres of land/mineral
interests and consolidates the largest base and precious metal land position
in Minnesota. This extensive land position provides Twin Metals with the
platform to plan and develop one the world's largest copper-nickel-PGM
deposits within a new emerging mining belt in Minnesota, USA.

For the 2013 Drill Program, half core samples are being prepared at ALS
Minerals laboratories in Thunder Bay and then shipped to its analytical
facilities in Vancouver. Samples are being analyzed for Au, Pt, and Pd using a
30g standard fire assay with an ICP-AES finish and for 33 other elements using
a four acid (near total) digestion and a combination of ICP-MS and ICP-AES.
ICP over-limits for copper and nickel are re-analyzed using dissolution four
acid (near total) digestion followed by ICP-MS. The remaining half core
samples are being stored in Minnesota.

Phillip Larson, P. Geo. is the Qualified Person for Duluth Metals and Senior
Geologist for Duluth Metals, in accordance with NI 43-101 of the Canadian
Securities Administrators, and is responsible for Duluth Metals technical
content of this press release and quality assurance of the exploration data
and analytical results.

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 Minnesota 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 LLC joint venture.

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. 

Image with caption: "Figure 1 - Geology, Drill Hole Ni Intercepts and
Conductive Zones (CNW Group/Duluth Metals Limited)". Image available at:
http://40rhel5streamview01.newswire.ca/media/2013/09/03/20130903-701852-30355-a3bfa111-dd67-422d-b092-9baf68aaa15c.jpg

For further information:

Mara Strazdins Vice President Investor Relations and Corporate Communications
Telephone: +1(416)369-1500 ext. 222 Email: mstrazdins@duluthmetals.com

Vern Baker President Telephone: +1(651)389-9990 Email:
vbaker@duluthmetals.com

Webpage:  http://www.duluthmetals.com