District Metals Corp said five holes were sunk at its polymetallic Gruvberget property in Sweden, which have underscored the potential of the project and increased the firm's understanding of the geology.
Core drilling began in early June this year and is now completed for a total of 1,144 metres (m).
Assay results are expected by late August or early September, this year, the company said.
Notably, polymetallic sulphide mineralization was hit in four of the holes at the Gruvberget North zone and multiple mineralized intervals from 0.4 to 8.8 metre (m) in width were observed in each.
READ: District Metals intersects "strong" visual sulphide mineralization at its Tomtebo property in Sweden
District also highlighted that the system at the Gruvberget North zone could be a possible Strataform zinc-lead-silver mineralization, which would make it analogous to Lundin Mining's Zinkgruvan mine, which sits 190 kilometres (km) to the south of the Gruvberget property.
"Our first pass drill program at the Gruvberget North zone has significantly advanced our understanding of the mineralizing system on the Property, and its potential," said Garrett Ainsworth, the CEO of District, in a statement.
"Strong continuity of mineralization at the North zone persists at depth and towards the north where we have coincident SkyTEM conductive and magnetic anomalies. Mineralization at the North zone remains open at a vertical depth of 160 m, which is important given that the polymetallic mineralized systems at the Garpenberg and Zinkgruvan Mines extends to depths of 1,600 m or more," he added.
"Review of the drill core by Rodney Allen and Anders Zetterqvist, who are geological experts in the Bergslagen District, has provided us with new insights on the possible type of polymetallic mineralizing system present at the Gruvberget North zone," said Ainsworth.
Ainsworth noted that much of the Gruvberget property is covered by a thin veneer of glacial till (2-to-20m), so the company has recently conducted a pilot soil sampling program over and away from the Gruvberget North zone.
"The soil samples recovered will be analyzed by ionic leach and conventional (ICP-MS) analysis to determine which method is preferable before initiating a larger soil sampling program focused on and "down-ice" from our airborne geophysical target zones. Drill targets supported by coincident geochemical and geophysical anomalies provide an increased level of confidence when prioritizing targets," he added.
Exploration company District Metals is mainly focused on the advanced stage Tomtebo property in the Bergslagen area. Tomtebo comprises 5,144 hectares and is situated between the historic Falun Mine and Boliden's Garpenberg Mine that are located 25 kilometres to the northwest and southeast, respectively.
Contact the writer at giles@proactiveinvestors.com