District Metals Corp. ; commented on January 25, 2023, that Swedish media had reported that a majority of the Swedish Parliament had resolved to allow for exploration and mining of uranium in Sweden. This previously announced majority by the Swedish Parliament led to the commencement of suggestions, preparation, and the debate of a motion to [...]
District Metals Corp. ; is pleased to report that Bergslagen Metals AB has applied for additional mineral licenses covering the area to the south and north of the original Viken nr 1 mineral license application that covers 68% of the polymetallic Viken Deposit located in Jämtland County, central Sweden . If granted, the additional licenses will [...]
District Metals Corp. has closed its previously announced brokered private placement financing pursuant to an agency agreement with PI Financial Corp. and Haywood Securities Inc. , raising aggregate gross proceeds of $3,000,000 . Under the terms of the Offering, the Company issued a total of 20,000,000 units at a price of $0.15 per Unit. Garrett [...]
District Metals Corp. is pleased to announce that it has entered into an agreement with PI Financial Corp. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents including Haywood Securities Inc , for a marketed best efforts private placement of up to 20,000,000 units , at a price of C$0.15 per Unit to raise aggregate gross [...]
District Metals Corp. is pleased to note that Swedish media has reported that a majority of the Swedish Parliament has resolved to allow for exploration and mining of uranium in Sweden. On January 19, 2023, The Liberals, a member of the current Swedish governing coalition, internally voted to support the lifting of the moratorium in place since [...]
District Metals Corp. is pleased to report that Bergslagen Metals AB has applied for a 2,302 hectare mineral license to explore for vanadium, nickel, molybdenum, zinc, and other elements, covering approximately 68% of the polymetallic Viken Deposit located in Jämtland County, central Sweden. The Viken Deposit is the largest undeveloped Alum Shale [...]
District Metals Corp. is pleased to report on compilation work from historical exploration data at the high grade polymetallic Svärdsjö Property located in the Bergslagen Mining District in south-central Sweden. The Mining Inspectorate of Sweden recently relinquished exploration data from Swedish mining company, Boliden, after a confidentiality [...]
District Metals Corp. is pleased to report on the results from a detailed soil sampling program at the polymetallic Gruvberget Property located in the Bergslagen Mining District of south-central Sweden. Soil samples were recovered from four target zones identified by historic data compilation and geophysical anomalies from our SkyTEM survey flown [...]
District Metals Corp. ; announces an exploration work program to be completed before the end of 2022, and an update on the planned drill program at the Bakar Property located on Northern Vancouver Island, British Columbia . The Bakar Property is in a Joint Venture between District and Sherpa II Holdings Corp. where District is the operator [...]
District Metals Corp. ; is pleased to announce the identification of four new high priority targets on the polymetallic Gruvberget Property located in the Bergslagen Mining District of south-central Sweden. Detailed soil sampling grids have been completed over the new target areas, and Ionic Leach geochemical results are expected back before the [...]
District Metals Corp. ; is pleased to report on the results from a soil sampling orientation survey and additional rock grab sampling at the polymetallic Gruvberget Property located in the Bergslagen Mining District of south-central Sweden. Soil samples were recovered on three east to west survey lines located across and north of the Gruvberget [...]
District Metals Corp. is pleased to report assay results for five drill holes from the Spring-Summer 2022 drill program at the polymetallic Gruvberget Property located in the Bergslagen Mining District in south-central Sweden. A total of 1,144 m in five drill holes was completed at the Gruvberget North zone from mid-May to early-July 2022. All of [...]
