| 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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