District Metals Corp. is pleased to announce that it has recently obtained 13 historical drill logs and assay data from the Lövås-Nyberget Area located within District's polymetallic Tomtebo Property in the Bergslagen Mining District of Sweden. These historic drill results from the Dammsjön and Flyttjebasen zones were obtained from the Geological [...]
District Metals Corp. is pleased to announce that it has obtained all of the necessary permits required to commence a 5,000 m drill program at the Company's high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in Sweden. The required authorizations include an exploration permit from the Bergsstaten, and cultural [...]
District Metals Corp. is pleased to announce that a drilling contract has been executed with Hy-Tech Drilling Sweden AB to conduct core drilling at the Company's polymetallic Tomtebo Property located in the Bergslagen Mining District in Sweden. The contract is for a minimum of 5,000 m of core drilling that will focus on confirmation and expansion [...]
District Metals Corp. is pleased to announce a key appointment that will strengthen and expand the Company's presence and operational efficiency in Sweden. Hein Raat has been appointed as Country Manager of Sweden, which is an important role given the upcoming 5,000 m drill program at the Company's high grade polymetallic Tomtebo Property that is [...]
District Metals Corp. is pleased to announce that it has closed its previously announced brokered private placement financing pursuant to an agency agreement with Haywood Securities, raising aggregate gross proceeds of $4,750,000. Under the terms of the Offering, the Company issued a total of 15,833,333 units at a price of $0.30 per Unit, including [...]
District Metals Corp. is pleased to announce that, in connection with its previously announced brokered private placement financing, it has entered into an agreement with Haywood Securities Inc. to increase the size of the Offering up to 15,000,000 units at a price of $0.30 per Unit to raise aggregate gross proceeds of up to $4,500,000. Each Unit [...]
District Metals Corp. is pleased to announce that it has entered into an agreement with Haywood Securities as sole lead agent, who has agreed to sell, on a commercially reasonable efforts private placement basis, up to 10,000,000 units at a price of $0.30 per Unit to raise aggregate gross proceeds of up to $3,000,000. Each Unit will consist of one [...]
District Metals Corp. is pleased to announce that a ground gravity survey has commenced on the Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. This gravity survey is focused on the Tomtebo Mine Trend that was delineated by numerous conductive and magnetic high anomalies identified from the July 2020 SkyTEM [...]
District Metals Corp. is pleased to report additional results from the final airborne electromagnetic and magnetic data that covers the entire 5,144 hectare Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. A detailed heliborne SkyTEM survey comprising approximately 600 line-km was flown at 100 m line spacing in [...]
District Metals Corp. ; is pleased to report on assay results from grab and chip rock samples recovered from the recently completed geological fieldwork at its polymetallic Tomtebo Project in the Bergslagen Mining District of south-central Sweden. This fieldwork consisted of geological mapping, prospecting and geochemical sampling at the former [...]
District Metals Corp. ; is pleased to report the results of the final airborne electromagnetic and magnetic data at the former Tomtebo Mine area. A detailed SkyTEM312 HP survey was flown at 100 m line spacing in July 2020 across the entire Tomtebo Property, located in the Bergslagen Mining District in south-central Sweden. Geophysical [...]
District Metals Corp. ; is pleased to report on the Leapfrog 3D modeling of polymetallic mineralized zones at the former Tomtebo Mine located within the Company's Tomtebo Project in the Bergslagen Mining District of south-central Sweden. Mineralized zones at the Tomtebo Mine were modeled from historical mine maps and drilling that was conducted by [...]