District Intersects 7.85 m at 88 g/t Ag, 3.0% Zn and 1.9% Pb on the Tomtebo Property

Core Insights - District Metals Corp. reported significant drill assay results from the Tomtebo Property, indicating extensive polymetallic mineralization, particularly highlighting an intersection of 7.85 meters at 88 g/t silver, 3.0% zinc, and 1.9% lead in drill hole TOM-25-045 [9][10]. Group 1: Drilling Program Overview - A total of 2,485 meters were drilled across five holes at the Steffenburgs zone and Kvistaberget target, part of a collaboration with Boliden Mineral AB [2]. - The drilling aimed to systematically test the broader Steffenburgs zone for high-grade sea floor massive sulphide lenses, with aggressive step outs of 150 meters at depth [3]. - Geological mapping and geochemical sampling indicated that the Volcanic Massive Sulphide (VMS) mineralized horizon extends into the Kvistaberget target area, which had not been previously drill tested [4]. Group 2: Significant Drill Results - Drill hole TOM-25-044 intersected multiple zones of chalcopyrite mineralization, including 0.40 m at 4.3% Cu, 34 g/t Ag, and 0.66 g/t Au, and 13.0 m at 36 g/t Ag, 2.0% Zn, and 0.8% Pb [7]. - Drill hole TOM-25-045 revealed 7.85 m at 88 g/t Ag, 3.0% Zn, and 1.9% Pb, interpreted as part of the prospective VMS mineralized horizon [7][9]. - Down-hole electromagnetic surveys indicated multiple off-hole conductors, suggesting further sulphide mineralization [8][10]. Group 3: Future Exploration Plans - Drilling at the historic Lövås Mine is scheduled to commence in September 2025, targeting substantial base metal polymetallic mineralization below the mine workings [11][13]. - The Kvistaberget drilling did not yield significant mineralization, with only weakly disseminated chalcopyrite found in one hole [12]. - The integration of down-hole EM surveys has provided compelling targets for follow-up drilling, validating the geological model and exploration strategy [10].