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Bullboard - Stock Discussion Forum District Metals Corp. V.DMX

Alternate Symbol(s):  DMXCF

Metals & Mining Industrial Metals & Minerals
District Metals Corp is a Canada-based mineral exploration company that is engaged in the business of acquiring, exploring, and evaluating natural resource properties. The Company's main focus is the high grade polymetallic Tomtebo Property located in the Bergslagen District in Sweden, which is situated between the historic Falun Mine and Boliden’s Garpenberg Mine. Two historic polymetallic... see more

TSXV:DMX - Post Discussion

District Metals Corp. > District Closes Acquisition
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Post by Betteryear2 on Jan 15, 2024 11:25am

District Closes Acquisition

Vancouver, British Columbia--(Newsfile Corp. - January 15, 2024) - District Metals Corp. (TSXV: DMX) (OTCQB: DMXCF) (FSE: DFPP); ("District" or the "Company") is pleased to announce that it has closed the acquisition of the remaining four mineral licences (Figure 1) covering the Viken energy metals Deposit located in Jmtland County, central Sweden, that the Company did not already control. The Company now controls 100% of the mineral licences comprising the Viken Deposit. The Viken Deposit is the largest undeveloped Alum Shale uranium-vanadium-potash-molybdenum-nickel-copper-zinc deposit in Sweden, and amongst the largest deposits based on total historic mineral resources (see below historical mineral resource disclosure) of uranium and vanadium in the world.

District Closes Acquisition to Consolidate 100% of the Viken Energy Metals Deposit in Sweden, which contains an Historical Inferred Resource of 1.15 Billion Pounds of U3O8 (newsfilecorp.com)
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