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District Receives Notice of Boliden's Termination of the Option Agreement on the Tomtebo and Stollberg Base Metal Properties
Newsfile· 2025-08-25 06:00
Core Viewpoint - District Metals Corp. has received notice from Boliden Mineral AB regarding the termination of the Option Agreement for the Tomtebo and Stollberg base metal properties, resulting in District retaining full ownership of the Tomtebo Property while Boliden retains the Stollberg Property [1][2]. Group 1: Option Agreement Details - The Option Agreement, signed in October 2023, allowed Boliden to earn up to an 85% interest in the Tomtebo Property by spending up to CAD$10 million over four years [2]. - Following Boliden's withdrawal, District will maintain a 100% interest in the Tomtebo Property, while Boliden will keep a 100% interest in the Stollberg Property [2]. Group 2: Company Statements - The CEO of District expressed disappointment over Boliden's decision but acknowledged the positive partnership and technical progress made during the collaboration [4]. - District remains optimistic about the exploration results at the now fully owned Tomtebo Property, highlighting advancements in understanding the mineralized systems and potential for discovering new high-grade mineralization [5]. Group 3: Technical Information - All scientific and technical information in the release has been prepared or approved by the President and CEO of District, who is a qualified person under National Instrument 43-101 [6]. - The Tomtebo Property is located in the Bergslagen Mining District, situated between the historical Falun Mine and Boliden's Garpenberg Mine, with a geological trend that shows similarities to other significant mines in the area [11].
Talon Metals Reports Results for the Quarter Ended June 30, 2025
Newsfile· 2025-08-15 00:20
Talon Metals Reports Results for the Quarter Ended June 30, 2025August 14, 2025 8:20 PM EDT | Source: Talon Metals Corp.Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - August 14, 2025) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the three months ended June 30, 2025 of $1.2 million or nil per share (basic and diluted), which was primarily the result of administration expenses and foreign currency loss. This compares to a net loss for the thre ...
District Intersects 7.85 m at 88 g/t Ag, 3.0% Zn and 1.9% Pb on the Tomtebo Property
Newsfile· 2025-07-29 06:00
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].
瑞银:中国需求-刺激措施即将出台?
瑞银· 2025-07-16 15:25
Investment Rating - The report maintains a cautious outlook on the overall market, with a specific focus on iron ore, indicating potential upside if property support is provided in China [6]. Core Insights - China's GDP growth for the June quarter was reported at +5.2% year-on-year, slightly above the consensus of +5.1%, driven by front-loading of exports and earlier government bond issuance [1]. - Industrial production growth accelerated to 6.8% year-on-year, surpassing the consensus of 5.6%, while retail sales growth slowed to 4.8%, below the expected 5.3% [3]. - The property sector shows signs of weakness, with starts and sales down 20% and 15% year-on-year, respectively, leading to concerns about sentiment risk if significant stimulus is not implemented [2]. - Iron ore prices are expected to stabilize within the US$90-100 per ton range, supported by potential property policy support, despite an increase in supply [2]. - The electric vehicle (EV) sector remains robust, with EV output growing by 21% year-on-year, indicating strong demand in the automotive sector [5]. Summary by Sections Mining Strategy - The report highlights mixed economic indicators for China, with a focus on the property sector's impact on overall market sentiment [1]. Iron Ore - Following a decline in property signals, the China Urban Work Conference indicated a shift in urban development focus, which may affect iron ore demand [2]. - Iron ore prices could benefit from any incremental property support, despite a projected increase in supply [2]. Base Metals - Industrial production growth is strong, but retail sales are weaker than expected, suggesting that stimulus measures may need to be reevaluated [3]. Coal - The coal sector faces persistent oversupply, with production increasing by 3% year-on-year, leading to bearish fundamentals in the near term [4]. Battery Raw Materials - The EV market continues to show strength, with significant year-on-year growth in output, supported by favorable trade conditions [5]. UBS View - The report suggests a cautious approach to investments, with a focus on iron ore as a potential area for upside if property support is realized [6].
Trilogy Metals Files Final Base Shelf Prospectus in Canada and Registration Statement in the United States
Prnewswire· 2025-04-14 22:49
Core Points - Trilogy Metals Inc. has filed a final short form base shelf prospectus and a corresponding shelf registration statement allowing for the future issuance of up to US$50,000,000 in various securities [1][2] - The base shelf prospectus will be valid for a 25-month period in Canada, while the US shelf registration statement is effective for three years [1] - The intention behind these filings is to enable the company to access capital more quickly as market opportunities arise [2] Securities Offering - The securities covered by the base shelf prospectus will be offered solely through a prospectus and accompanying prospectus supplement [3] - Copies of the base shelf prospectus and shelf registration statement are available on SEDAR+ and EDGAR, and can also be obtained by contacting the company's Corporate Secretary [3]