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Metal & Mining Stocks
District Metals Corp. (TSXV: DMX) Reports Drill Results at Stollberg Property in Sweden
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Highlights
District Metals Corp. (TSXV: DMX) has released drill assay results from its Fall 2024 drilling program at the Stollberg Property, located in Sweden’s Bergslagen Mining District. The program, completed between mid-October and mid-December 2024, consisted of five drill holes (GRAGR-151 to -155) totaling 2,438 meters. The drilling targeted areas around the historic Gränsgruvan Mine, which operated intermittently from 1943 to 1978.
The drill program is part of District's ongoing collaboration with Boliden Mineral AB, under a definitive agreement signed in October 2023. This partnership focuses on exploring District's Tomtebo Property and Boliden's Stollberg Property. Boliden has the option to earn up to 85% of District's Tomtebo Property, with the potential to form a joint venture between the two companies afterward. Following this, District would hold a 15% interest in the joint venture.
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