District Metals Corp.

Recent News

  • District Metals Announces $3 Million Private Placement Financing

    Vancouver, British Columbia--(Newsfile Corp. - November 23, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. as sole lead agent (the "Agent"), who has agreed to sell, on a commercially reasonable efforts private placement basis, up to 12,000,000 units (the "Units") at a price of $0.25 per Unit (the "Issue Price") to raise aggregate gross proceeds of up to $3,000,000 (the...

    2021-11-23 8:00 AM EST
  • District Intersects 14.3 m at 14.2% ZnEq on the Tomtebo Property

    Vancouver, British Columbia--(Newsfile Corp. - November 22, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report assay results for the first three drill holes from the Phase II drill program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. Drill holes TOM21-024 and -025 targeted the Steffenburgs zone down plunge from hole TOM21-001 (previously reported here), which returned 8.2 m at 20.94% ZnEq1...

    2021-11-22 8:00 AM EST
  • District Commences Airborne Electromagnetic and Magnetic Survey at Gruvberget and Svardsjo Properties

    Vancouver, British Columbia--(Newsfile Corp. - November 9, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to announce that an airborne electromagnetic ("EM") and magnetic survey has commenced on the Company's recently acquired Gruvberget and Svärdsjö Properties, located in the Bergslagen Mining District in south-central Sweden (Figure 1).Garrett Ainsworth, CEO of District, commented: "We flew SkyTEM at our flagship Tomtebo Property in July 2020, and it was very effective in identifying conductive and magnetic...

    2021-11-09 8:00 AM EST
  • District Intersects 30.4 m of Continuous Intense Sulphide Mineralization at the Tomtebo Property

    Vancouver, British Columbia--(Newsfile Corp. - November 1, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to provide a second update on its Phase II drill program currently underway at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden.District commenced the 5,000 m Phase II program with two drill rigs in operation at the Tomtebo Property on October 7, 2021 (see news release here). To date, a total...

    2021-11-01 8:00 AM EDT
  • District Intersects 11.0 m of Continuous Massive Sulphide Mineralization at the Tomtebo Property

    Vancouver, British Columbia--(Newsfile Corp. - October 25, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to provide an update on its Phase II drill program currently underway at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden.District commenced the 5,000 m Phase II program with two drill rigs in operation at the Tomtebo Property on October 7, 2021 (see news release here). To date, a total of...

    2021-10-25 8:00 AM EDT
  • District Closes the Acquisition of the Gruvberget Property

    Vancouver, British Columbia--(Newsfile Corp. - October 12, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to announce that further to its news release of July 28, 2021 the Company has completed its acquisition of a 100% interest in the polymetallic Gruvberget Property from Explora Mineral AB ("Explora"). The acquisition of the Gruvberget Property by the Company is hereinafter referred to as the "Transaction".Garrett Ainsworth, President & CEO of District, commented: "The Gruvberget...

    2021-10-12 8:00 AM EDT
  • District Commences Phase II Drill Program at the Tomtebo Property

    Vancouver, British Columbia--(Newsfile Corp. - October 7, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to announce that it has commenced core drilling a minimum of 5,000 m with two rigs at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. Hy-Tech Drilling Sweden AB has been awarded the contract for this Phase II drill program. The main objectives of the Phase II drill program include:...

    2021-10-07 8:00 AM EDT
  • District Closes the Acquisition of the Svärdsjö Property

    Vancouver, British Columbia--(Newsfile Corp. - October 6, 2021) - District Metals Corp. (TSXV: DMX) (FRA: DFPP); ("District" or the "Company") is pleased to announce that further to its news release of July 22, 2021 the Company has completed its acquisition of a 100% interest in the polymetallic Svärdsjö Property from a wholly-owned subsidiary of EMX Royalty Corp. (TSXV: EMX) ("EMX"). The acquisition of the Svärdsjö Property by the Company is hereinafter referred to as the "Transaction".Garrett Ainsworth, President & CEO...

    2021-10-06 8:07 PM EDT