District Metals Corp. (TSX-V:DMX) has provided a sweeping update on permitting and its planned drill programs on its Tomtebo and Gruvberget properties in the Bergslagen mining district in south-central Sweden, and its Bakar Copper property in Canada’s westernmost province of British Columbia.
The Vancouver-based developer of prospective mineral properties gave a broad outline of its planned drill programs for the first half of 2022.
Tomtebo property: The company said all the permits are valid until the end of the year. The next phase of drilling at Tomtebo is likely to kick off in early April and will comprise 1,200 meters (m) in three holes. Drilling will step out below high-grade polymetallic mineralization at the Steffenburgs zone where the company reported hole TOM21-028 intersected 30m at 10.9% zinc-equivalent (ZnEq). In addition, a magnetic high anomaly 665m northeast and along trend from the historic Tomtebo Mine will be tested.
Gruvberget property: The firm said the drill permit application has been submitted, and all approvals are expected by April 2022. The maiden drill program at the Gruvberget property is scheduled for early-May and will comprise 1,800m in 10 holes. Drilling will focus on the Gruvberget North zone where historic drilling has delineated continuous polymetallic mineralization along a 550m strike length that extends to a vertical depth of 160m. Historic drilling at the Gruvberget North zone intersected significant polymetallic mineralized intervals such as hole GRU1011 that returned 6.1m at 11.0% ZnEq.
Bakar Copper property: The drill permit application was submitted in November 2021, and the BC Ministry of Energy, Mines and Low Carbon Innovation has not provided any guidance on the timing of the permit approval. The maiden drill program at Bakar will ideally be completed within H1 2022 and will comprise 800m in two holes. Drilling will test the high-priority EC Target that was recently identified by coincident VTEM and ZTEM anomalies, and rock chip samples from outcrop assaying 0.49% to 4.13% copper (Cu).
In a statement, District CEO Garrett Ainsworth said: “We are excited to get back to the drill bit starting with follow-up on our recent exceptional drill results from the Steffenburgs zone at the historic Tomtebo Mine. Our planned step out 665m northeast from the Tomtebo Mine will target a magnetic high that shows a magnetic response that is analogous with significant polymetallic mineralization at the Tomtebo Mine.”
He noted that the permitting process continues to go “smoothly” in Sweden as the firm’s drill permit application for the Gruvberget Property is on track for District to start its maiden drill program in early-May 2022.
“Our data compilation on the Gruvberget property identified the Gruvberget North zone as a high priority target with potential to build out a mineral resource based on historical drilling, surface rock geochemistry, and geophysical anomalies where mineralization is open in most directions,” added Ainsworth.
Meanwhile, the District boss said the company is communicating with the BC ministry on a monthly basis regarding its permit application to drill the EC Target on the Bakar Copper Property.
“The EC Target represents an excellent opportunity for a grassroots porphyry copper or VMS discovery based on coincident geophysical anomalies, structural setting, geochemical anomalies, alteration features, and an associated topographic low,” said Ainsworth.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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