District Metals announced its application for a mineral license, covering a large part of the polymetallic Viken deposit in central Sweden. Viken is a large, undeveloped Alum shale vanadium-uranium-molybdenum-nickel-copper-zinc deposit with a 2014 resource estimate outlining 43Mt @ 0.019% U3O8, 0.034% Ni, 0.010% Cu and 0.041% Zn in the indicated and 3Bt @ 0.017% U3O8, 0.034% Ni, 0.012% Cu and 0.042% Zn in the inferred category.
Viken deposit outline and license situation (Source: www.districtmetals.com)
