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Duluth Metals appoints Kelly Osborne as President and CEO

          Duluth Metals appoints Kelly Osborne as President and CEO  PR Newswire  TORONTO, May 12, 2014  TORONTO, May 12, 2014  /PRNewswire/ - Duluth  Metals Limited ("Duluth,  Duluth  Metals") (TSX: DM) (TSX:DM.U)  is pleased to announce  the appointment of  Mr.  Kelly J. Osborne as its President and CEO effective immediately. Mr. Osborne, a senior mining executive, with over thirty years of industry experience  with  major  mining  companies  including  Freeport-McMoRan,  Vulcan  Materials  and  Stillwater Mining Company, will focus on Duluth's joint venture development of the Twin Metals Minnesota LLC ("Twin Metals") Project and Duluth's 100%  owned  exploration portfolio. In  addition, Mr.  Osborne is being  appointed to  the  Board of Duluth Metals subject  to TSX approval and will  serve as one of  the  three Duluth representatives on the Twin Metals Board of Directors.  Kelly Osborne joined Duluth  in July 2012 as  Chief Operating Officer and  was  seconded to Twin Metals as its  Interim Vice President of Project  Development  from February 2013 to March 2014. Mr. Osborne brings extensive mining industry experience and leadership skills to Duluth Metals. Prior to his appointment to Duluth Metals, Mr. Osborne  was Senior Vice-President, Underground  Operations  (Indonesia) with Freeport-McMoRan Copper & Gold,  and prior to that from  2006  to 2010, Vice-President, Underground Operations (Indonesia). During his tenure with Freeport, Kelly was responsible  for operational and capital  development  for two underground  mines, including  a capital budget  for underground  mine  expansion of $4.7 billion, an annual  operating budget of $180 million, and  a  workforce of 2,400 employees  plus 750 contractors.  Prior to Freeport,  Kelly  was Area Manager with  Vulcan Materials Company in  the Chicago area, and  was  responsible for  three  mining  operations  producing  construction  aggregate  products. Prior to that, he was Mining Superintendent at the Nye, Montana PGM mine for Stillwater Mining Company;  Plant Manager for J.M. Huber  Corporation  at the Marble Falls, Texas calcium carbonate operation; Buick Mine Captain  at  the Doe Run Company lead-zinc underground mine; and Mine Planning Engineer  at  Homestake Mining Company's Lead, South Dakota operations.  Christopher Dundas, Chairman  of Duluth  Metals commented,  "Duluth Metals  is  fortunate to  capitalize  on the  expertise  and leadership  skills  of  Kelly  Osborne and his new appointments will  have positive impacts on Duluth.  Kelly  Osborne brings to Duluth  Metals a unique set  of credentials from his  senior  development and operations background with  Freeport in Indonesia and  leading  the Twin  Metals  project  development  team during  his  secondment  to  Twin  Metals. With these appointments, Duluth Metals will continue to have a strong executive leadership team."  Effective immediately,  Vern Baker  is  resigning as  President of  Duluth,  a  position he held  since July  2010. Mr. Baker  will continue  working for  and  assisting Duluth until August 1, 2014 and has agreed to continue  representing  Duluth on the Twin Metals Technical  Committee beyond August 1, 2014.  Duluth  wishes to thank Mr. Baker for  his contribution and dedication to the  Company  while he served as President. Mr. Osborne will replace Tom Pugsley who will be resigning from the Twin Metals Board of Directors. Mr. Dundas will continue as Duluth's Executive Chairman and  a Director as well  as remaining on the  Twin  Metals Board of Directors.  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 LLC joint venture.  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 Duluth  Complex mining camp. 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. 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.  SOURCE Duluth Metals Limited  Contact:  Mara Strazdins Vice President Investor Relations and Corporate Communications Telephone: (416) 369-1500 ext. 222 Email:mstrazdins@duluthmetals.com  Webpage:www.duluthmetals.com  
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