Announcement Date: 2021-11-22
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: District Metals Corp.
Project name: Tomtebo
Location: Canada
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Drilling results incl. 14.3m @ 40g/t Ag, 9.46% Zn, 2.32% Pb, 0.41g/t Au, 0.18% Cu from 210.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia–(Newsfile Corp. – November 22, 2021) – District Metals Corp. (TSXV: DMX) (FSE: DFPP) (“District” or the “Company”) 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 (previously reported here), which returned 8.2 mat 20.94% ZnEq 1 from 65.3 to 73.5 m (Figure 1). Hole TOM21-025 encountered 11.0 mof massive sulphide mineralization (211.4 to 222.4 m) located 118 mdown plunge fromTOM21-001. Hole TOM21-023A/B targeted a coincident gravity and magnetic anomaly located 1.0 km northeast from the historic Tomtebo Mine. Like all rocks in the Tomtebo area, the massive sulphide lens has been stretched and folded by subsequent tectonic deformation. Each drill hole we put down in the Steffenburgs area provides more evidence of the shape and extent of this deformed massive sulphide body. From the data assembled so far, we interpret that the massive sulphide lens has been stretched into an elongate shape with a moderate to steep plunge to the north.
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