In March 2011, Twin Metals Minnesota's joint venture partner Duluth Metals Limited acquired Franconia Minerals Corporation. Some of Franconia's deposits and their land holdings are contiguous with those of Twin Metals, and the acquisition will consolidate Twin Metal's position in the Duluth Complex region in northeastern Minnesota. The joining of land positions between Twin Metals and Franconia Minerals gives Twin Metals over 25,000 acres of land/mineral interests and increases TMM's overall qualified resources that may support a larger scale mine development plan.

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