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Nianfors Exploration Licenses Granted

District Metals announced it was granted the Nianfors nr1 and nr2 exploration licenses located in Gävleborgs County, central Sweden. The Nianfors nr2 license contains the Majsaberget uranium-yttrium-molybdenum occurrence, consisting of 889 mineralized boulders that returned a weighted average of 0.16% U3O8 and 0.08% Y. In addition, several mineralized outcrops also occur, indicating a mineralized zone with widths greater than 4m and historic assays of 0.27% U3O8 and 0.1% Y. Although strongly recommended by previous explorers, diamond drilling has never been conducted at the property.

 

Nianfors Exploration licenses (Source: www.districtmetals.com)