RE:Warren Irvin his take on the sector@ plumena3 - Does District Metals have a PEA defining 700M /lb at Viken in Sweden as Irwin claims in the interview? I could only find this:
Table 5: 2014 Viken Deposit Historical Mineral Resource Estimate2
| 2014 Viken Deposit Historical Mineral Resource Estimate |
| Classification | Tonnage (k tonnes) | Grade | Contained Metal |
| U3O8 (ppm) | Ni (ppm) | Cu (ppm) | Zn (ppm) | U3O8 (Mlbs) | Ni (Mlbs) | Cu (Mlbs) | Zn (Mlbs) |
| Indicated | 43,000 | 190 | 340 | 100 | 410 | 18.0 | 32.0 | 10.0 | 38.0 |
| Inferred | 3,019,000 | 170 | 340 | 120 | 420 | 1,145.0 | 2,230.0 | 799.0 | 2,802.0 |
Technical Information
All scientific and technical information in this news release has been prepared by, or approved by Garrett Ainsworth, PGeo, President and CEO of the Company. Mr. Ainsworth is a qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
The data disclosed in this news release is related to historical drilling results. District has not undertaken any independent investigation of the sampling nor has it independently analyzed the results of the historical exploration work in order to verify the results. District considers these historical drill results relevant as the Company is using this data as a guide to plan exploration programs. The Company's current and future exploration work includes verification of the historical data through drilling.
The data disclosed in this news release is related to mineral resource estimates that are considered to be “historical estimates” under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). A Qualified Person has not done sufficient work to classify the historical estimate as a current mineral resource, and the Company is not treating these historical estimates as current Mineral Resources. The Company would need to conduct an exploration program, including twinning of historical drill holes in order to verify the Viken Deposit historical estimate as a current mineral resource.
Mr. Ainsworth has not verified any of the information regarding any of the properties or projects referred to herein other than the Viken Mineral License application. Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on the Viken Mineral License application.