Workflow
District Metals Corp.
icon
Search documents
District Outlines 2026 Exploration and Development Plans on Its Uranium Properties in Sweden
TMX Newsfile· 2026-01-13 07:00
Core Viewpoint - District Metals Corp. is set to advance its exploration and development programs for uranium properties in Sweden, particularly focusing on the Viken Property, following the official permitting of uranium exploration and mining in Sweden as of January 1, 2026 [3][11]. Exploration and Development Plans - The company plans to conduct a Preliminary Economic Assessment (PEA) and an Economic Impact Study (EIS) for the Viken Property, with completion targeted for Q2 or Q3 2026 [5][4]. - Approximately 5,000 to 7,000 meters of drilling is planned at the Viken and Alum Shale Properties to test new conductive targets identified from the 2025 MobileMT survey [5][4]. - The company aims to expand its geophysical coverage across the Alum Shale Properties and conduct follow-up fieldwork at Ardnasvarre, Sågtjärn, and Nianfors to capitalize on anomalies identified in previous surveys [4][5]. Investor Relations - District Metals has engaged Pareto Securities AB for twelve months to enhance research coverage and awareness of the company's activities [5][6]. - Aktiespararnas Serviceaktiebolag has also been engaged for twelve months to develop content describing the company's activities, with a focus on increasing visibility [7][8]. Technical Information - All scientific and technical information has been prepared or approved by Garrett Ainsworth, the company's President and CEO, who is a Qualified Person under National Instrument 43-101 [9].
OTC Markets Group Welcomes District Metals Corp. to OTCQX
Globenewswire· 2025-11-12 12:00
Core Insights - District Metals Corp. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, which signifies a milestone for the company in terms of visibility and investor engagement [1][3]. Company Overview - District Metals Corp. is a disciplined, science-based exploration and development company focused on mineral properties, aiming to create shareholder value and benefit stakeholders [4]. - The company is recognized as a 2025 TSX Venture 50 company, ranking among the top-performing issuers on the TSX Venture Exchange in the past year [4]. Properties and Resources - The Viken Property in Sweden contains the largest undeveloped Mineral Resource Estimate of uranium globally, along with significant resources of vanadium, molybdenum, nickel, copper, and zinc [5]. - The Tomtebo Property is located in the Bergslagen Mining District and is situated between two historic mines, showcasing similar geological features and mineralization trends [6].
UAV Radiometric and Magnetic Survey Results Highlight Significant Exploration Potential at District Metals' Ardnasvarre Property in Sweden
Newsfile· 2025-10-15 06:00
Core Insights - District Metals Corp. has announced significant exploration potential at its Ardnasvarre Property in Sweden following a detailed UAV radiometric and magnetic survey [1][2][5] Exploration Results - The UAV survey identified strong uraniferous radiometric anomalies linked to uranium boulder trains from the Viepsajokk and Labbas occurrences [2][5] - The Labbas occurrence shows potential for significant expansion, with historical drill results indicating 7.0 meters at 0.17% U3O8, including a higher-grade interval of 0.8 meters at 0.94% U3O8 [3][6] - The Viepsajokk occurrence consists of 79 uranium mineralized boulders and is considered one of the most promising unconformity-style uranium target areas [4][6] Geological Context - The Ardnasvarre Property is located in a region with geological similarities to the Athabasca Basin, known for high-grade uranium deposits [4][8] - The property covers 9,708 hectares and is prospective for uranium, copper, zinc, lead, and rare earth elements, straddling the unconformity between Svecofennian basement rocks and Caledonide sedimentary rocks [13] Historical Data - Historical drilling at the Labbas zone estimated a resource of 86,478 tonnes at an average grade of 0.12% U3O8, containing 228,780 pounds of U3O8 [13] - The company plans to verify historical data through further exploration, including drilling [11][13] Future Outlook - The company is optimistic about advancing exploration efforts in the Ardnasvarre Property, especially with the potential lifting of the current moratorium on uranium exploration and mining in Sweden set for January 1, 2026 [8][19]
District Receives Exemptive Relief from Canadian Securities Regulators in Connection with Listing on the Nasdaq First North Growth Market in Sweden
Newsfile· 2025-03-18 07:00
Core Viewpoint - District Metals Corp. has received exemptive relief from Canadian securities regulators, allowing it to maintain its status as a "venture issuer" despite its listing on the Nasdaq First North Growth Market in Sweden [1][2]. Group 1: Exemptive Relief Details - The exemptive relief, effective March 14, 2025, allows the Company to avoid certain reporting issuer requirements as long as specific conditions are met [2]. - The relief applies to several National Instruments, including General Prospectus Requirements and Continuous Disclosure Obligations [2]. Group 2: Company Overview - District Metals Corp. is focused on exploring and developing mineral properties, particularly in Sweden, with a disciplined, science-based approach aimed at creating shareholder value [7]. - The Company is currently engaged in advanced exploration at the Tomtebo Property, located in the Bergslagen Mining District, which has historical polymetallic mines and significant geological similarities to other notable mines in the area [10].