District Metals Corp.

Recent News

District Provides Update on the Bakar Copper Property

Vancouver, British Columbia--(Newsfile Corp. - November 21, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") announces an exploration work program to be completed before the end of 2022, and an update on the planned drill program at the Bakar Property located on Northern Vancouver Island, British Columbia (Figure 1). The Bakar Property is in a Joint Venture (JV) between District (20% ownership) and Sherpa II Holdings Corp. (TSXV: SHRP) ("Sherpa II") where District is...

2022-11-21 8:00 AM EST

District Identifies Four New Targets and Completes Detailed Soil Sampling Program at the Gruvberget Property

Vancouver, British Columbia--(Newsfile Corp. - October 24, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to announce the identification of four new high priority targets on the polymetallic Gruvberget Property located in the Bergslagen Mining District of south-central Sweden. Detailed soil sampling grids have been completed over the new target areas, and Ionic Leach (IL) geochemical results are expected back before the end of 2022.The four new target zones were identified through compilation...

2022-10-24 8:00 AM EDT

District Reports on Soil Sampling Orientation Survey and Rock Sampling with up to 22.9% Zinc at the Gruvberget Property

Vancouver, British Columbia--(Newsfile Corp. - October 3, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report on the results from a soil sampling orientation survey and additional rock grab sampling at the polymetallic Gruvberget Property located in the Bergslagen Mining District of south-central Sweden. Soil samples were recovered on three east to west survey lines located across and north of the Gruvberget North Zone (Figure 1). All of the soil...

2022-10-03 8:00 AM EDT

District Intersects 9.1 m at 6.1% ZnEq on the Gruvberget Property

Vancouver, British Columbia--(Newsfile Corp. - September 21, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report assay results for five drill holes (GRU22-001 to -005) from the Spring-Summer 2022 drill program at the polymetallic Gruvberget Property located in the Bergslagen Mining District in south-central Sweden. A total of 1,144 m in five drill holes was completed at the Gruvberget North zone from mid-May to early-July 2022. All of the drill...

2022-09-21 8:00 AM EDT

District Intersects 25.5 m at 8.2% ZnEq on the Tomtebo Property

Vancouver, British Columbia--(Newsfile Corp. - August 17, 2022) - August 17, 2022 - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report assay results for the two drill holes (TOM22-037B to -038) from the Spring 2022 drill program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. A total of 750 m in two drill holes was completed during this drill program that was carried out...

2022-08-17 8:00 AM EDT

District Drills Shallow Polymetallic Sulphide Mineralization on the Gruvberget Property

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that the core drilling program has been completed at its polymetallic Gruvberget Property located in the Bergslagen Mining District of south-central Sweden. Drilling at the Gruvberget Property commenced in early-June where 1,144 m in five holes (GRU22-001 to -005) have been completed (Figure 1). Drill core samples from these five holes will be shipped to...

2022-07-13 8:00 AM EDT

District Intersects Strong Visual Sulphide Mineralization at the Tomtebo Property

Vancouver, British Columbia--(Newsfile Corp. - June 8, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to provide an update on core drilling at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District of south-central Sweden. District commenced drilling the Tomtebo Property in mid-April where 750 m in two holes (TOM22-037B and -038) have been completed. Drill core samples from these two holes have recently been sent to ALS...

2022-06-08 8:00 AM EDT

District Reports on Airborne Electromagnetic and Magnetic Results at the Svardsjo Property

Vancouver, British Columbia--(Newsfile Corp. - May 16, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report the results of the final airborne electromagnetic ("EM") and magnetic data at its polymetallic Svärdsjö Property in the Bergslagen Mining District of south-central Sweden. A detailed SkyTEM312 HP survey was flown at 100 m line spacing in November 2021 across the entire 1,037 hectare Svärdsjö Property. Interpretation of the SkyTEM data has identified numerous conductive...

2022-05-16 8:00 AM EDT

District Reports on Airborne Electromagnetic and Magnetic Results at the Gruvberget Property

Vancouver, British Columbia--(Newsfile Corp. - April 21, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report the results of the final airborne electromagnetic ("EM") 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. Interpretation of the SkyTEM data has identified numerous...

2022-04-21 8:00 AM EDT

District Metals Commences Drilling at the Tomtebo Property

Vancouver, British Columbia--(Newsfile Corp. - April 11, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") 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 three holes, which will be followed by drilling 1,800...

2022-04-11 8:00 AM EDT

District Prepares to Drill Test Three Properties

Vancouver, British Columbia--(Newsfile Corp. - March 15, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") 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 required permits are valid until the end of 2022. ...

2022-03-15 8:00 AM EDT

District Intersects 30.0 m at 10.9% ZnEq on the Tomtebo Property

Vancouver, British Columbia--(Newsfile Corp. - February 28, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") is pleased to report assay results for the remaining eleven drill holes (TOM21-026 to -036) from the Phase II drill program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. A total of 4,906 m in eleven drill holes was completed during the Phase II drill program that was carried out from...

2022-02-28 8:00 AM EST

District Provides Update on the Bakar Copper Property

Vancouver, British Columbia--(Newsfile Corp. - February 7, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to provide an update on the Bakar Property located on Northern Vancouver Island, British Columbia (Figure 1). In August 2020, Sherpa II Holdings Corp. (TSXV: SHRP) ("Sherpa II") entered into an agreement to acquire an 80% interest in the Bakar Property by cash payment, the issuance of shares, and work expenditures (August 18, 2020 news release) where...

2022-02-07 8:00 AM EST

District Samples up to 367.0 g/t Silver, 30.1% Zinc, and 15.7% Lead on the Gruvberget Property

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") 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 Gruvberget South and North zones, which represents less than 10% of the mineralized trend that...

2022-01-18 8:00 AM EST

District Samples up to 253.0 g/t Silver, 22.8% Zinc, and 8.6% Lead on the Svardsjo Property

Vancouver, British Columbia--(Newsfile Corp. - January 10, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") 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 historical mines and showings along a four kilometer mineralized trend within the 1,037...

2022-01-10 8:00 AM EST

District Metals Announces Closing of Private Placement Financing

Vancouver, British Columbia--(Newsfile Corp. - December 14, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") has closed its previously announced brokered private placement financing pursuant to an agency agreement with Haywood Securities Inc. (the "Agent"), raising aggregate gross proceeds of $1,800,000 (the "Offering"). Under the terms of the Offering, the Company issued a total of 7,200,000 units (the "Units") at a price of $0.25 per Unit.Garrett Ainsworth, President & CEO of District, commented: "This funding...

2021-12-14 1:45 PM EST

District Metals Announces $3 Million Private Placement Financing

Vancouver, British Columbia--(Newsfile Corp. - November 23, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. as sole lead agent (the "Agent"), who has agreed to sell, on a commercially reasonable efforts private placement basis, up to 12,000,000 units (the "Units") at a price of $0.25 per Unit (the "Issue Price") to raise aggregate gross proceeds of up to $3,000,000 (the...

2021-11-23 8:00 AM EST

District Intersects 14.3 m at 14.2% ZnEq on the Tomtebo Property

Vancouver, British Columbia--(Newsfile Corp. - November 22, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") 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 (previously reported here), which returned 8.2 m at 20.94% ZnEq1...

2021-11-22 8:00 AM EST

District Commences Airborne Electromagnetic and Magnetic Survey at Gruvberget and Svardsjo Properties

Vancouver, British Columbia--(Newsfile Corp. - November 9, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to announce that an airborne electromagnetic ("EM") 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 (Figure 1).Garrett Ainsworth, CEO of District, commented: "We flew SkyTEM at our flagship Tomtebo Property in July 2020, and it was very effective in identifying conductive and magnetic...

2021-11-09 8:00 AM EST

District Intersects 30.4 m of Continuous Intense Sulphide Mineralization at the Tomtebo Property

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP); ("District" or the "Company") 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 (see news release here). To date, a total...

2021-11-01 8:00 AM EDT

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