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District Intersects 14.3 m at 14.2% ZnEq on the Tomtebo Property
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2021) - District Metals Corp. (TS...
About this update from District Metals Corp.
[{"type":"text","content":"District Intersects 14.3 m at 14.2% ZnEq on the Tomtebo PropertyVancouver, British Columbia--(Newsfile Corp. - November 22, 2021) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) (\"District\" or the \"Company\") is pleased to report assay results for the first three drill holes from the Phase II drill program at the high grade polymetallic Tomtebo Property located in the Bergslagen Mining District in south-central Sweden. Drill holes TOM21-024 and -025 targeted the Steffenburgs zone down plunge from hole TOM21-001 (previously reported here), which returned 8.2 m at 20.94% ZnEq1 from 65.3 to 73.5 m (Figure 1). Hole TOM21-025 encountered 11.0 m of massive sulphide mineralization (211.4 to 222.4 m) located 118 m down plunge from TOM21-001. Hole TOM21-023A/B targeted a coincident gravity and magnetic anomaly located 1.0 km northeast from the historic Tomtebo Mine.Highlights:TOM21-025 intersected 14.3 m at 14.2% ZnEq1 (210.0 to 224.3 m). including 11.6 m at 16.9% ZnEq1 (210.8 to 222.4 m).including 6.6 m at 21.6% ZnEq1 (212.8 to 219.4 m). TOM21-024 intersected 3.25 m at 5.6% ZnEq1 (110.55 to 113.80 m). A drill hole cross section is shown in Figure 1, and drill assay results are shown in Table 1.Rodney Allen, Technical Advisor for District, commented: \"The intersections in holes TOM21-001 and TOM21-025 are classic volcanogenic massive sulphide (VMS) of good metal grade. As is normal for VMS, pyrite is the main sulphide mineral, followed in abundance by sphalerite (zinc), galena (lead) and chalcopyrite (copper), silver and gold. From interpretation of the geology of the Tomtebo area, we conclude that the massive sulphide lens formed at or just below the sea floor in the vent of a submarine volcano, 1.9 billion years ago. The southwest side of the massive sulphide lens grades into an extensive network of pyritic polymetallic vein mineralization that is interpreted to represent sulphide precipitated in the \"feeder conduits\", below the massive sulphide (figure 1). The northeast side of the massive sulphide lens has a sharp contact with less mineralized hanging-wall volcanic rocks and is interpreted to be the original top of the massive sulphide body. The lateral edges of the massive sulphide are not yet well defined and we are uncertain whether these edges are the natural lateral termination of the original massive sulphide or whether t...