District Metals reported sampling results from the company’s newly acquired Svärdsjö prospect in northern Bergslagen. Sampling returned high-grade polymetallic mineralization from several of the historic showings. Notably, an outcrop sample from the Kompanigruvan pit, the southwest extension of the historic Svärdsjö mine, returned 37.3% ZnEq (253 g/t Ag, 22.8% Zn, 8.6% Pb, 0.1 g/t Au and 0.02% Cu).
The company further advised that electromagnetic and magnetic data from a November 2021 SkyTEM Survey is currently being interpreted. More detailed geological fieldwork is planned to prioritize drill targets.
Rock sample location and assay results on District’s Svärdsjö project (Source: www.districtmetals.com)