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TSX: DM | ||
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Overview | Key Project | Management | Contact | ||
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Key Project 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. Currently the area is receiving a high level of attention with companies such as Polymet, Teck/Cominco Franconia and now Duluth Metals. Duluth Metals Limited is a new company created to focus on exploring and developing its Maturi Extension copper-nickel-platinum group element ("PGE") property located in northeastern Minnesota. DML has recognized the potential for a very large mineral deposit on its 1,072 hectare (2,648 acre) land holdings located in the Duluth Complex. DML’s Maturi Extension Property is located in the Superior National Forest about 19 km (12 miles) southeast of the city of Ely, and has excellent available infrastructure such as power, well developed roads, railway networks, supply-equipment centers that support the operating iron ore mines and a skilled labor force located in the region. DML controls about 1,072 hectares (2,648 acres) of land in a combination of State Leases, a private mineral lease and Federal Prospecting Permits. The Company’s property adjoins and extends easterly from the Maturi Deposit a distance of approximately 3.5 miles. Logging activities are currently undertaken in the National Forest as are rock quarrying operations.
For more information on the company, click here. Forward Looking Statements: Some of the statements contained on this page are "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: ability to raise financing for further exploration and development activities; risks relating to estimates of reserves, deposits and production costs; extraction and development risks; the risk of commodity price fluctuations; political, regulatory and environmental risks; and other risks and uncertainties in the reports and disclosure documents filed by Duluth Metals from time-to-time with Canadian securities regulatory authorities. The Company and this website disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission ("SEC") permits mining companies, in their filing with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Duluth Metals may use certain terms in its annual report, such as "mineral resources," "measured," "indicated," and "inferred resources," that the SEC guidelines prohibits from including in filing with the SEC. U.S. investors are advised that while such terms are recognized and required by Canadian regulations, the Securities and Exchange Commission does not recognize them. “Inferred Resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Resources may not form the basis of feasibility or other economic studies. U.S. investors are cautioned not to assume that all or any part of Measured or Indicated Resources will ever be converted into reserves. U.S. investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.
Exclusion of Liability: Duluth Metals and
the owners of this site shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), loss of profits, opportunities or information arising from: |
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