District Metals Corp has announced assay results from grab and chip rock samples recovered from geological fieldwork carried out in late 2021 at its polymetallic Gruvberget project in Sweden, which included grades as rich as 367 grams per tonne (g/t) silver, 30.1% zinc, and 15.7% lead.
The company said the fieldwork is concentrated on reconnaissance prospecting and geochemical sampling at the Gruvberget South and North zones, which represents less than 10% of the mineralized trend that is enclosed by the 5,286 hectare Gruvberget property.
“We observed substantial polymetallic mineralization as stringer, vein, semi-massive and massive sulphides in outcrop and in mine dumps along our one kilometer traverse,” District Metals CEO Garrett Ainsworth CEO said in a statement.
READ: District Metals reveals sample results from recently-acquired Svärdsjö property that showcase high grades of polymetallic mineralization
“It is clear that the North zone has walk-up drill targets, however, the forthcoming interpretation of our recently flown SkyTEM electromagnetic and magnetic survey will greatly enhance our targeting,” Ainsworth added.
District Metals noted the core area of the Gruvberget property comprises the North and South zones, which have seen “significant” polymetallic mineralization historically drilled along a strike length of one kilometre (km) that is open in most directions.
It added that the remaining 14 km mineralized trend within the property is strewn with historic polymetallic mines and mineral occurrences that have not seen modern systematic exploration.
District Metals is also developing its advanced-exploration stage Tomtebo property, which comprises 5,144 hectares and is situated between the historic Falun Mine and Boliden's Garpenberg Mine in south-central Sweden.
Contact Sean at sean@proactiveinvestors.com