District Metals Corp.

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 historical mines and showings along a four kilometer mineralized trend within [...]

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 & CEO of District, commented: "This funding will allow us to continue the [...]

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 of one common share in the capital of the Company and one-half of one [...]

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 m at 20.94% ZnEq1 from 65.3 to 73.5 m . Hole TOM21-025 encountered 11.0 m [...]

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 July 2020, and it was very effective in identifying conductive and magnetic [...]

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 . To date, a total of 2,021 m has been drilled in six holes . Drill holes [...]

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 date, a total of 1,030 m has been drilled in three holes . Drill core [...]

District Metals Corp. ; is pleased to announce that further to its news release of July 28, 2021 the Company has completed its acquisition of a 100% interest in the polymetallic Gruvberget Property from Explora Mineral AB . The acquisition of the Gruvberget Property by the Company is hereinafter referred to as the "Transaction". Garrett Ainsworth, President & CEO of District, commented: "The Gruvberget Property is an [...]

District Metals Corp. is pleased to announce that it has commenced core drilling a minimum of 5,000 m with two rigs at its high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. Hy-Tech Drilling Sweden AB has been awarded the contract for this Phase II drill program. The main objectives of the Phase II drill program include: 1) aggressive step outs from significant [...]

District Metals Corp. ; is pleased to announce that further to its news release of July 22, 2021 the Company has completed its acquisition of a 100% interest in the polymetallic Svärdsjö Property from a wholly-owned subsidiary of EMX Royalty Corp. . The acquisition of the Svärdsjö Property by the Company is hereinafter referred to as the "Transaction". Garrett Ainsworth, President & CEO of District, commented: "The [...]