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Assay Results From Gruvberget

District Metals reported assay results from five drill holes drilled on the polymetallic Gruvberget property from Spring-Summer 2022. All the drill holes represent 30-60m step-outs below historic intercepts and 4 out of 5 holes intersected sulfide mineralization. Notably hole GRU22-002 returned 9.1m @ 6.1% ZnEq, including 3.3m @ 13.0% ZnEq and GRU22-003 intersected 9.2m @5.9% ZnEq, including 2.7m @ 9.2% ZnEq. The company notes that the mineralization remains open at depth and partially along strike and warrants a much larger drill program to better assess the potential of the mineralized system.

 

Long Section through the Gruvberget North Zone (Source: www.districtmetals.com)