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District Commences Airborne Electromagnetic and Magnetic Survey at Gruvberget and Svardsjo Properties
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2021) - District Metals Corp. (TSX...
About this update from District Metals Corp.
[{"type":"text","content":"District Commences Airborne Electromagnetic and Magnetic Survey at Gruvberget and Svardsjo PropertiesVancouver, British Columbia--(Newsfile Corp. - November 9, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) (\"District\" or the \"Company\") is pleased to announce that an airborne electromagnetic (\"EM\") and magnetic survey has commenced on the Company's recently acquired Gruvberget and Svärdsjö Properties, located in the Bergslagen Mining District in south-central Sweden (Figure 1).Garrett Ainsworth, CEO of District, commented: \"We flew SkyTEM at our flagship Tomtebo Property in July 2020, and it was very effective in identifying conductive and magnetic anomalies that have contributed to significant polymetallic drill intersections during our Phase I and ongoing Phase II drill programs. The SkyTEM electromagnetic system has advanced greatly in the last 10 years with survey penetration reaching depths that were once never thought possible. This is an important exploration tool for us working in the Bergslagen District where polymetallic deposits extend from surface to depths greater than 1600 m such as is the case at Boliden's Garpenberg Mine and Lundin Mining's Zinkgruvan Mine.\" The Company retained SkyTEM Surveys ApS based out of Denmark to undertake detailed heliborne SkyTEM312 HP (transient electromagnetic - high power) and magnetic surveys over the Gruvberget and Svärdsjö Properties. The SkyTEM survey at Gruvberget will cover the entire property comprising an area of 5,286 hectare (ha) with approximately 686 line-kilometers at a line spacing of 100 m that strike east to west and north to south (Figure 2). The survey at Svärdsjö will cover the entire 1,037 ha with approximately 112 line-kilometers at a line spacing of 100 m that strike northwest to southeast (Figure 3). The SkyTEM312 HP Survey is capable of detecting conductive polymetallic sulphide mineralization to depths of 500 m or greater. The Gruvberget and Svärdsjö Properties are underlain by an ideal geological environment for effective EM data collection in that the volcanic and intrusive country rocks are very resistive, in contrast to the conductive sulphide mineralization, which will provide excellent resolution of any EM conductive anomaly identified. Also, the absence of graphitic geological units on the Properti...