District Metals Corp. Commences Airborne MobileMT Survey At the Viken Property in Sweden

Published: 2025-06-03 03:20:37 ET DMX.V

Published on 06/03/2025 at 03:20

District Metals Corp. announced that Expert Geophysics Surveys Inc. ("EGS") has been retained to conduct a helicopter-borne Mobile MagnetoTellurics System ("MobileMT") survey at the Viken Property located in Jamtland County, central Sweden. The MobileMT survey will comprise between 1,387 to 2,346 line kilometers at 200 or 400 meter line spacing over the Viken Property in two phases.

Phase 1 will aim to capture the conductive signature of the mineralized Alum Shale host rock that makes up the Viken Energy Metals Deposit. The optimal target for further follow up work will comprise the shallowest and thickest parts of mineralized Alum Shale. The relatively flat lying Alum Shale contains abundant graphite and sulphides that make it a super conductor, which will hopefully be mapped out in detail by the MobileMT survey.

ES introduced its MobileMT system in 2018 for use in Airborne Natural Source Audio Frequency MagnetoTellurics ("AFMAG"), positioning it as the most advanced generation of airborne AFMAG technology. This system harnesses energy from global thunderstorm activity, which is converted into an underground electromagnetic plane wave, serving as the primary field in the airborne natural field. The electromagnetic fields and currents induced in the subsurface are then utilized by MobileMT to detect variations in subsurface electrical resistivity to map out geological units of interest.

Mr. Ainsworth is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.