DULUTH METALS (DM.TO C$0.33 OR DULMF US $0.28) CAPITAL AND ROBUST RETURN ESTIMATES IMPROVED AT LOW OPERATING COSTS OF JANUARY 2009 43-101 STUDY 1/22/2009

DULUTH METALS (DM.TO C$0.33 OR DULMF US $0.28) CAPITAL AND
ROBUST RETURN ESTIMATES IMPROVED AT LOW OPERATING COSTS OF
JANUARY 2009 43-101 STUDY 1/22/2009