tiprankstipranks
Company Announcements

District Metals Initiates Updated Resource Estimate for Swedish Deposit

Story Highlights
District Metals Initiates Updated Resource Estimate for Swedish Deposit

Discover the Best Stocks and Maximize Your Portfolio:

District Metals ( (TSE:DMX) ) has issued an announcement.

District Metals Corp. has commissioned P&E Mining Consultants Inc. to prepare an updated National Instrument 43-101 Mineral Resource Estimate for the Viken Energy Metals Deposit in Sweden. The new report will include estimates for several metals, such as vanadium, potash, uranium, molybdenum, nickel, zinc, and copper, based on available drill hole assay data. This initiative aims to refine the geological interpretation, update mineral resource wireframes, and assess potential areas for resource growth, reflecting recent advances in metallurgical processing.

More about District Metals

District Metals Corp. is a company involved in the mining industry, focusing on the exploration and estimation of mineral resources. The company is engaged in the development of various metals and minerals, with a particular emphasis on energy metals.

YTD Price Performance: -6.07%

Average Trading Volume: 88,797

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $34.65M

For an in-depth examination of DMX stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1