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District Samples up to 367.0 g/t Silver, 30.1% Zinc, and 15.7% Lead on the Gruvberget Property
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2022) - District Metals Corp. (TSX...
About this update from District Metals Corp.
[{"type":"text","content":"District Samples up to 367.0 g/t Silver, 30.1% Zinc, and 15.7% Lead on the Gruvberget PropertyVancouver, British Columbia--(Newsfile Corp. - January 18, 2022) - District Metals Corp. (TSXV: DMX) (FSE: DFPP) (\"District\" or the \"Company\") is pleased to report on assay results from grab and chip rock samples recovered from geological fieldwork carried out in late-2021 at its polymetallic Gruvberget Project in the Bergslagen Mining District of south-central Sweden. This fieldwork concentrated on reconnaissance prospecting and geochemical sampling at the Gruvberget South and North zones, which represents less than 10% of the mineralized trend that is enclosed by the 5,286 hectare Gruvberget Property. Garrett Ainsworth, CEO of District, commented: \"Our reconnaissance visit of the Gruvberget Property late last year was even more exciting than anticipated. We observed substantial polymetallic mineralization as stringer, vein, semi-massive and massive sulphides in outcrop and in mine dumps along our one kilometer traverse. We initially started out at the open pit in the South zone where sulphide mineralization hosted by the felsic volcanic and limestone units has clear opportunities for significant expansion. We continued along the North zone showings where numerous historical pits and trenches line up with past drilling that outline a completely open mineralized zone that is 550 m long and 160 m deep. It is clear that the North zone has walk up drill targets, however, the forthcoming interpretation of our recently flown SkyTEM electromagnetic and magnetic survey will greatly enhance our targeting.\" Rock Sample Assay Highlights Chip sampling from outcrop at the Gruvberget South zone returned 41.9% ZnEq1 (132.0 g/t Ag, 30.1% Zn, 7.6% Pb, 0.5 g/t Au, and 0.1% Cu). Mineralization at the Gruvberget South zone remains open in most directions as evidenced through outcrop assay results and historic drill results within and outside of the historic open pit. Grab sampling from mine dumps at the Gruvberget North zone returned 28.7% ZnEq1 (367.0 g/t Ag, 4.7% Zn, 15.7% Pb, 0.2 g/t Au, and 0.04% Cu). Mineralization at the Gruvberget North zone remains open in all directions as evidenced through outcrop assay results and historic drilling. Grab sampling from a small historic pit at the northern end of the Gruvberget North zone returned 28.3% ZnE...