2008 CPEO Brownfields List Archive

From: Lenny Siegel <lennysiegel@gmail.com>
Date: Wed, 20 Feb 2008 08:52:50 -0800 (PST)
Reply: cpeo-brownfields
Subject: [CPEO-BIF] Dunka pit mine, Minnesota
 
Press Releases
Duluth Metals
February 19, 2008

Duluth Metals options key infrastructure land parcel
More News related to Press Releases



TORONTO, Feb. 19 /PRNewswire-FirstCall/ - Duluth Metals Limited ("Duluth 
Metals") (TSX: DM) (TSX:DM.U) today announced the signing of an 
exclusive option to purchase a key piece of infrastructure land called 
the Dunka Pit from Cliffs Erie LLC ("CE"), a subsidiary of 
Cleveland-Cliffs Inc ("Cliffs"). The acquisition of this strategic land 
parcel which is in close proximity to the Duluth Metals Nokomis Deposit 
would meet a two-fold objective of providing a location for offsite 
processing, while fulfilling Duluth Metal's commitment to environmental 
stewardship through use of an existing brownfield/industrial location.

"The potential use of Dunka is an excellent example of the 
're-utilization' of former ferrous mining sites as processing plant 
locations", stated Dr. Henry J. Sandri, President and CEO. "The 
recycling of existing ferrous mining sites takes advantage of brownfield 
locations that have limited use, reduces the future disturbance of area 
lands, and, under new regulations, can ensure that the eventual sites 
are reclaimed to existing environmental standards. The anticipated 
acquisition of Dunka will meet Duluth Metals' objective of locating off 
site processing and re-using an existing brownfield/industrial 
location", stated Dr. Sandri.

...

For the entire release, see
http://www.streetinsider.com/Press+Releases/Duluth+Metals+options+key+infrastructure+land+parcel/3377864.html

-- 


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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