District Receives Approval of the Ardnasvarre Mineral License Application in Northern Sweden and Notes Recent Media Report Regarding Support for Uranium Mining and Exploration in Sweden
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Ardnasvarre nr 1 mineral license application to explore for copper, molybdenum, zirconium, and rare earth elements (REE) over a 9,708 hectare (ha) area located in Norrbottens County,...
2023-06-22 8:00 AM EDT
District Receives Approval of Tåsjö Mineral License Applications in North-Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Tåsjö nr 101 to 105 mineral license applications to explore for vanadium, nickel, molybdenum, zinc, and rare earth elements (REE) located in the Jämtland and Västerbottens Counties,...
2023-05-30 8:30 AM EDT
District Receives Approval of Additional Viken Mineral License Applications in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Viken nr 2 and 3 mineral license applications that covers the area to the south and north of the original Viken nr 1 mineral license application that encompasses 68% of the polymetallic Viken...
2023-05-03 8:00 AM EDT
District Receives Approval of Mineral License Application that Encompasses the Majority of the Polymetallic Viken Deposit in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Viken nr 1 mineral license application that covers approximately 68% of the polymetallic Viken Deposit located in Jämtland County, central Sweden (Figure 1). The Viken Deposit is the largest...
2023-04-12 8:00 AM EDT
District Comments on the Status of the Uranium Moratorium in Sweden
Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") 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 officially lift the moratorium on...
2023-03-31 4:00 PM EDT
District Applies for Additional Mineral Licenses to Increase Land Position to the North and South of the Polymetallic Viken Mineral License in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - March 7, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) 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 (Figure 1). If granted, the...
2023-03-07 8:00 AM EST
District Metals Announces Closing of $3 Million Brokered Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") has closed its previously announced brokered private placement financing pursuant to an agency agreement with PI Financial Corp. and Haywood Securities Inc. (together, the "Agents"), raising aggregate gross proceeds of $3,000,000 (the "Offering"). Under the terms of the Offering, the Company issued a total of 20,000,000 units (the "Units") at a price of...
2023-03-02 8:38 AM EST
District Metals Announces $3 Million Brokered Private Placement Financing
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to announce that it has entered into an agreement with PI Financial Corp. (the "Agent") to act as lead agent and sole bookrunner, on behalf of a syndicate of agents including Haywood Securities Inc (together with the Agent, the "Agents"), for a marketed best efforts private placement of up to 20,000,000 units (the "Units"), at a price of...
2023-01-30 8:00 AM EST
District Comments on Recent Media Reports to Lift the Uranium Moratorium in Sweden
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") 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 2018. A motion from the...
2023-01-25 8:00 AM EST
District Applies for Mineral License That Encompasses the Majority of the Polymetallic Viken Deposit in Central Sweden
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2023) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has applied for a 2,302 hectare mineral license (Figure 1) 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...
2023-01-05 8:00 AM EST
District Reports on Historic Drill Results from the Svärdsjö Property Including 15.6 m at 13.3% ZnEq
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") 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 (Bergsstaten) recently relinquished exploration data from Swedish mining company, Boliden, after a confidentiality period of...
2022-12-14 8:00 AM EST
District Reports on Positive Soil Sampling Results from the Gruvberget Property
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") 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 (North zone extension, South zone extension, Gyllingen, and Backen) identified by historic data compilation and...
2022-11-22 8:00 AM EST
District Provides Update on the Bakar Copper Property
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") 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 (Figure 1). The Bakar Property is in a Joint Venture (JV) between District (20% ownership) and Sherpa II Holdings Corp. (TSXV: SHRP) ("Sherpa II") where...
2022-11-21 8:00 AM EST
District Identifies Four New Targets and Completes Detailed Soil Sampling Program at the Gruvberget Property
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") 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 (IL) geochemical results are expected back before the end of 2022. The four...
2022-10-24 8:00 AM EDT
District Reports on Soil Sampling Orientation Survey and Rock Sampling with up to 22.9% Zinc at the Gruvberget Property
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") 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 North Zone (Figure 1). All of...
2022-10-03 8:00 AM EDT
District Intersects 9.1 m at 6.1% ZnEq on the Gruvberget Property
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report assay results for five drill holes (GRU22-001 to -005) 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 the...
2022-09-21 8:00 AM EDT
District Intersects 25.5 m at 8.2% ZnEq on the Tomtebo Property
Vancouver, British Columbia--(Newsfile Corp. - August 17, 2022) - August 17, 2022 - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report assay results for the two drill holes (TOM22-037B to -038) from the Spring 2022 drill program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. A total of 750 m in two drill holes was completed during this drill program that was carried out from...
2022-08-17 8:00 AM EDT
District Drills Shallow Polymetallic Sulphide Mineralization on the Gruvberget Property
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that the core drilling program has been completed at its polymetallic Gruvberget Property located in the Bergslagen Mining District of south-central Sweden. Drilling at the Gruvberget Property commenced in early-June where 1,144 m in five holes (GRU22-001 to -005) have been completed (Figure 1). Drill core samples from these five...
2022-07-13 8:00 AM EDT
District Intersects Strong Visual Sulphide Mineralization at the Tomtebo Property
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to provide an update on core drilling at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District of south-central Sweden. District commenced drilling the Tomtebo Property in mid-April where 750 m in two holes (TOM22-037B and -038) have been completed. Drill core samples from these two holes have recently been sent...
2022-06-08 8:00 AM EDT
District Reports on Airborne Electromagnetic and Magnetic Results at the Svardsjo Property
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report the results of the final airborne electromagnetic ("EM") and magnetic data at its polymetallic Svärdsjö Property in the Bergslagen Mining District of south-central Sweden. A detailed SkyTEM312 HP survey was flown at 100 m line spacing in November 2021 across the entire 1,037 hectare Svärdsjö Property. Interpretation of the SkyTEM data...
2022-05-16 8:00 AM EDT