Land Position Increased At Sågtjärn Property

VANCOUVER – District Metals Corp. reported that MWH Geo-Surveys International Inc. (MWH) has completed a detailed Unmanned Aerial Vehicle (UAV”) radiometric and magnetic survey at the Sågtjärn Property located in the Jämtland and Västernorrland Counties, Sweden. The UAV survey at the Sågtjärn Property has successfully confirmed known uranium-molybdenum-rare earth elements (REEs) polymetallic occurrences whilst also identifying new target areas. Coincident uraniferous radiometric and magnetic high anomalies along the southern boundary of mineral license Sågtjärn nr 102 prompted mineral license application Sågtjärn nr 103, which encompasses these now closed off anomalies.
Garrett Ainsworth, CEO, said, “The results from our first-ever UAV-based detailed radiometric and magnetic survey in Sweden are truly compelling. Known uranium polymetallic occurrences, such as the Sågtjärn Deposit and associated uraniferous boulder field, stand out prominently and suggest the potential for extensions beyond the currently recognized mineralized zones. Additionally, the survey has revealed several new target areas in regions that were previously underexplored or obscured by glacial till, based on coincident uraniferous radiometric and distinctive magnetic anomalies.
At the Sågtjärn Property, the radiometric data has pinpointed uranium-enriched zones warranting follow-up ground-based exploration, including prospecting, geological mapping, and sampling. The property hosts uranium polymetallic mineralization within bedrock that correlates with moderate to high magnetic responses.
Further field work will be essential to evaluate the significance of the numerous discrete magnetic anomalies accompanied by uraniferous radiometric “boulder trains” — features that are clearly defined in the detailed UAV survey data.”