District Metals Corp. ; is pleased to report the results of the final airborne electromagnetic and magnetic data at its polymetallic Gruvberget Property in the Bergslagen Mining District of south-central Sweden. A detailed SkyTEM 312HP survey was flown at 100 m line spacing in November 2021, across the entire 5,286 hectare Gruvberget Property [...]
District Metals Corp. is pleased to announce that it has commenced core drilling at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. GEOPS-Bolkan Drilling Services Ltd. has been awarded the contract for this drill program. Core drilling at the Tomtebo Property will comprise 1,200 m in [...]
District Metals Corp. ; is pleased to provide an update on permitting and planned drill programs on our Tomtebo and Gruvberget Properties located in the Bergslagen Mining District in south-central Sweden, and our Bakar Copper Property located on Northern Vancouver Island in British Columbia. Planned Drill Programs for H1 2022: Tomtebo Property: all [...]
District Metals Corp. is pleased to provide an update on the Bakar Property located on Northern Vancouver Island, British Columbia . In August 2020, Sherpa II Holdings Corp. entered into an agreement to acquire an 80% interest in the Bakar Property by cash payment, the issuance of shares, and work expenditures where exploration work was operated by [...]
District Metals Corp. is pleased to report on assay results from grab and chip rock samples recovered from geological fieldwork carried out in late-2021 at its polymetallic Gruvberget Project in the Bergslagen Mining District of south-central Sweden. This fieldwork concentrated on reconnaissance prospecting and geochemical sampling at the [...]
District Metals Corp. ; is pleased to report on assay results from grab and chip rock samples recovered from geological fieldwork carried out in late-2021 at its polymetallic Svärdsjö Property in the Bergslagen Mining District of south-central Sweden. This fieldwork consisted of reconnaissance prospecting and geochemical sampling at some of the [...]
District Metals Corp. ; has closed its previously announced brokered private placement financing pursuant to an agency agreement with Haywood Securities Inc. , raising aggregate gross proceeds of $1,800,000 . Under the terms of the Offering, the Company issued a total of 7,200,000 units at a price of $0.25 per Unit. Garrett Ainsworth, President [...]
District Metals Corp. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. as sole lead agent , who has agreed to sell, on a commercially reasonable efforts private placement basis, up to 12,000,000 units at a price of $0.25 per Unit to raise aggregate gross proceeds of up to $3,000,000 . Each Unit will consist [...]
District Metals Corp. is pleased to report assay results for the first three drill holes from the Phase II drill program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. Drill holes TOM21-024 and -025 targeted the Steffenburgs zone down plunge from hole TOM21-001 , which returned 8.2 [...]
District Metals Corp. is pleased to announce that an airborne electromagnetic and magnetic survey has commenced on the Company's recently acquired Gruvberget and Svärdsjö Properties, located in the Bergslagen Mining District in south-central Sweden . Garrett Ainsworth, CEO of District, commented: "We flew SkyTEM at our flagship Tomtebo Property in [...]
District Metals Corp. ; is pleased to provide a second update on its Phase II drill program currently underway at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. District commenced the 5,000 m Phase II program with two drill rigs in operation at the Tomtebo Property on October 7, 2021 [...]
District Metals Corp. ; is pleased to provide an update on its Phase II drill program currently underway at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. District commenced the 5,000 m Phase II program with two drill rigs in operation at the Tomtebo Property on October 7, 2021 . To [...]