District Receives Approval of Additional Viken Mineral License Applications in Central Sweden

District Metals Corp. (TSXV: DMX) (FSE: DFPP) (‘District’ or the ‘Company’) is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Viken nr 2 and 3 mineral license applications that covers the area to the south and north of the original Viken nr 1 mineral license application that encompasses 68% of the polymetallic Viken Deposit located in Jamtland County, central Sweden.

The Viken Deposit is the largest undeveloped Alum Shale vanadium-uranium-molybdenum-nickel-copper-zinc deposit in Sweden, and amongst the largest deposits by total historic mineral resources of vanadium and uranium in the world.

Highlights

The approved Viken nr 2 and 3 mineral license applications have increased the area of the Viken Property from 2,302 hectares (ha) to 9,367 ha.Expansion of the Viken Propery to the south (Viken nr 2) and north (Viken nr 3), will allow the Company to […]

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