The Joint (US:JYNT) Newsfile·2025-02-10 07:00Core Points - District Metals Corp. and Boliden Minerals AB have approved a 2025 exploration budget of CDN$3.0 million, representing a 50% increase from the 2024 budget, to be equally allocated between the Tomtebo and Stollberg properties [2][6] - The exploration will include geological mapping, geochemical sampling, historical drill core review, and core drilling, with a planned core drill program of 1,500 to 2,000 meters in three to four drill holes at the Tomtebo Mine [6][8] - The current drilling phase aims to test targets identified from previous drilling, particularly in the Steffenburgs zone, where significant widths of high-grade polymetallic mineralization have been intersected [4][6] Exploration Details - The drilling will focus on the broader Steffenburgs zone and will step out below a previous hole that returned notable mineralization results, including 29.25 meters at 0.95% Cu, 0.67 g/t Au, 1.6% Zn, 0.8% Pb, and 30 g/t Ag [6][8] - Additional targets include the Kvistaberget area, which is supported by a SkyTEM conductive anomaly and historical copper sulphide workings, and the Lövås Mine, which has historical drill holes indicating open mineralization [5][6] - Permitting is currently underway for drilling at the Kvistaberget and Lövås Mine target areas, expected to commence later in 2025 [6][8] Company Background - District Metals Corp. is focused on exploring and developing polymetallic properties in Sweden, particularly the Viken and Tomtebo properties [12][13] - The Tomtebo Property is located in the Bergslagen Mining District, situated between the historic Falun Mine and Boliden's Garpenberg Mine, with a trend of historic polymetallic mines and showings [13]