District Receives Approval of the Ardnasvarre Mineral License Application in Northern Sweden and Notes Recent Media Report Regarding Support for Uranium Mining and Exploration in Sweden

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Vancouver, British Columbia–(Newsfile Corp. – June 22, 2023) – District Metals Corp.

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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 Ardnasvarre nr 1 mineral license application to explore for copper, molybdenum, zirconium, and rare earth elements (REE) over a 9,708 hectare (ha) area located in Norrbottens County, northern Sweden (Figure 1). The Ardnasvarre Property hosts several uranium, lead-zinc-silver and copper mineralized occurrences that were historically drilled by the Swedish Geological Survey and Boliden, respectively.The Ardnasvarre nr 1 mineral license is in good standing for a three year term that ends on April 17, […]

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