District Metals Corp. · TSXV:DMX
District Metals — Investor Presentation (April 2021)
33 slides from District Metals's investor presentation, April 2021
Slide 1: Corporate Presentation April 2021
TSX-V: DMX Corporate Presentation April 2021 A geoscience-based, systematic, and valuation-oriented exploration and development Company Tomtebo Polymetallic VMS/SedEx Property Bergslagen Mining District, South Central Sweden TSX-V: DMX Corporate Presentation | April 2021
Slide 2: Cautionary Statement Regarding Forward Looking Information
Cautionary Statement Regarding Forward Looking Information This presentation contains certain statements that may be considered “forward-looking information” the Company’s ability to identify any mineral resources and mineral reserves; the substantial with respect to District Metals Corp. (the “Comp
Slide 3: Management, Board, and Advisors
Management, Board, and Advisors Management Board Technical & Strategic Advisory Garrett Ainsworth Marlis Yassin Joanna Cameron Doug Ramshaw Galen McNamara Rob Chang President & CEO CFO Independent Director Independent Director Technical Advisor Strategic Advisor Garrett Ainsworth Non-Independent Dir
Slide 4: Share Structure
Share Structure 9.5% 6.2% 8.1% Share Structure Apr. 13, 2021 1.7% 33.5% Basic Shares Issued 75,869,223 Stock Options 6,570,000 (Exercise price at $0.20-$0.46) 41.1% Warrants 7,916,666 (Exercise price at $0.42) Agent Options 850,000 (Exercise price at $0.30) Management & Insiders Institutional HNW Ba
Slide 5: Sweden is a Top Mining Jurisdiction
Kirunavaara Sweden is a Top Mining Jurisdiction Aitik Sweden been has ranked highly over the last five years Kristineberg Maurliden Luleå by the Fraser Institute. Kankberg Svartliden Björkdal Rönnskär Smelter • The mining industry in Sweden has a history dating back 2400 years. Sundsvall Polymetalli
Slide 6: A World Class Mining District: Bergslagen, Sweden
A World Class Mining District: Bergslagen, Sweden The Bergslagen District offers a rich metal endowment and extensive infrastructure: • Known for its large and high grade VMS, SedEx, and CRD deposits such as Garpenberg, Zinkgruvan, Falun, and Sala. • The Garpenberg (Boliden) and Zinkgruvan Mines (Lu
Slide 7: A World Class Mining District: Bergslagen, Sweden
A World Class Mining District: Bergslagen, Sweden Mine/Deposit Tonnage of Production, Reserve, or Resource with Grades 1 Falun Mine 28.1 Mt Production at 2–4% Cu, 2-4 g/t Au, 4% Zn, 1.5% Pb, 13–25 g/t Ag 2 Garpenberg Mine 54.4 Mt Production at 132 g/t Ag, 4.9% Zn, 2.0% Pb, 0.3 g/t Au 2 Garpenberg Mi
Slide 8: A World Class Mining District: Bergslagen, Sweden
A World Class Mining District: Bergslagen, Sweden The Bergslagen District offers a rich metal Polymetallic endowment and extensive infrastructure: Gold Iron • Known for its large and high grade VMS, SedEx, and CRD deposits such as Garpenberg, Zinkgruvan, Falun, and Sala. • The Garpenberg (Boliden) a
Slide 9: Garpenberg Mine – 47.5% Precious Metal Value Input
Garpenberg Mine – 47.5% Precious Metal Value Input 2020 Garpenberg Mine Revenue 2020 Garpenberg Mine Production2: Distribution 3.0 Mt at 109 g/t Ag, 3.8% Zn, 1.5% Pb, 0.3 g/t Au Metal Metal Value per tonne Percentage Percentage 10.0% Silver ($/tonne)Silver $64.65 $74.13 37.5% 31% 33% Zinc ($/tonne)
Slide 10: Falun Mine – 41% Precious Metal Value Input
Falun Mine – 41% Precious Metal Value Input Falun Mine Production Falun Mine Past Production1: Metal Value per Tonne 28.1 Mt Production at 2–4% Cu, 2-4 g/t Au, 4% Zn, 1.5% Pb, 13–25 g/t Ag $9.17 $10.51 Metal Valueper Value pertonne tonne Percentage Percentage Metal Silver Silver ($/tonne) ($/tonne)
Slide 11: Sala Mine – 75% Precious Metal Value Input
Sala Mine – 75% Precious Metal Value Input Sala Mine Falun Mine Production Production Sala Mine Past Production1: Metal Value per Tonne 5.0 Mt Production at 150-3000 g/t Ag, 12% Zn, 1.5% Pb $24.83 $28.33 $10.51 Metal Value Valueper pertonne tonne Percentage Percentage Metal Silver ($/tonne) $64.65 $
Slide 12: Tomtebo Property
Tomtebo Property Located in the heart of the prolific FALUN MINE1 28Mt Historical Production: Bergslagen District. 2-4% Cu, 2-4 g/t Au, 4% Zn, 13-24 g/t Ag, 1.5% Pb • Tomtebo covers an area of 5,144 ha, and is an approximate 2.5 hour drive from Stockholm in Sweden. LÖVÅS MINE4 0.33Mt Historical Prod
Slide 13: Boliden’s Garpenberg Mine
Boliden’s Garpenberg Mine “The world's most productive underground zinc mine.” (https://www.boliden.com/operations/mines/boliden-garpenberg) • Garpenberg is located 25 km southeast from Tomtebo. • Boliden has aggressively expanded Garpenberg since 2011 with over $400M invested in state-of-the-art ef
Slide 14: Garpenberg’s Modest Beginning
Garpenberg’s Modest Beginning At Garpenberg, the bulk of the mineralization sits well below the area of historic mining. The more recently discovered ore bodies are blind. Surface Garpenberg Tomtebo 0 500 m Garpenberg and Tomtebo were historically mined for copper, but only to shallow depths (<200 m
Slide 15: Comparison of Tomtebo and Garpenberg Mines
Comparison of Tomtebo and Garpenberg Mines 0.64 km Surface 4.5 km Open Open -250m Open -500m -750m -1000m -1250m -1500m Tomtebo Mine Long Section Looking Northwest Garpenberg Mine Long Section Looking Northwest -1750m TSX-V: DMX Corporate Presentation | April 2021 15
Slide 16: Conceptual Long Section of Tomtebo Property
Conceptual Long Section of Tomtebo Property 0.64 km 4.5 km 0.3 km Surface -500m Tomtebo Mine Lövås Mine -1000m -1500m -2000m Garpenberg Mine 12.2 km Conceptual Long Section Looking Northwest TSX-V: DMX Corporate Presentation | April 2021 16
Slide 17: Tomtebo Property Geological Setting
Tomtebo Property Geological Setting In the right district with the right features. • Similar host rocks, structure, alteration, and mineralization styles as the world class Garpenberg Mine located 25 km SE, and the historic Falun Mine located 25 km NW. • Promising host rocks: felsic volcanoclastic i
Slide 18: Historic Tomtebo Mine Plan Section
Historic Tomtebo Mine Plan Section Mineralization is open along strike and at depth. W • Historic production at the Tomtebo Mine comprised 120,000 tonnes at 4.4% Cu3 intermittently from the mid- seventeenth century until 1969. Production of Au, Ag, Zn, was not documented. OPEN • Drill results from
Slide 19: Alteration & Mineralization at Historic Tomtebo Mine
Alteration & Mineralization at Historic Tomtebo Mine “Footwall” type alteration and mineralization characterized by biotite/chlorite rich quartz- chalcopyrite-pyrite/pyrrhotite. Massive sulfides with actinolite/tremolite bands. Coarse grained, “banded” massive to Carbonate rocks excellent host for h
Slide 20: Plan View of Historic Drilling at Tomtebo Mine
Plan View of Historic Drilling at Tomtebo Mine Oscarsgruvan zone TSX-V: DMX Corporate Presentation | April 2021 20
Slide 21: Long Section Facing South at Oscarsgruvan Zone, Tomtebo Mine
Long Section Facing South at Oscarsgruvan Zone, Tomtebo Mine • Hole TOMT65001 was drilled from surface and intersected 4.67 m at 199.8 g/t Ag, 0.9 g/t Au, 0.3% Cu, 13.6% Zn, 6.9% Pb (113.90 to 118.57 m). • Hole TOMT65002 was drilled from surface and intersected 4.45 m at 195.1 g/t Ag, 0.6 g/t Au, 0.
Slide 22: Historic Drill Hole Assays at Oscarsgruvan Zone, Tomtebo Mine
Historic Drill Hole Assays at Oscarsgruvan Zone, Tomtebo Mine Drill Hole Depths and Interval Historical Assay Results Hole ID Azimuth Dip Hole Type From (m) To (m) Interval (m) Ag (g/t) Au (g/t) Cu (%) Zn (%) Pb (%) TOMT65001 127 -60 Surface 113.90 118.57 4.67 199.84 0.88 0.25 13.64 6.93 TOMT65002 1
Slide 23: Plan View of Steffenburgs Zone, Tomtebo Mine
Plan View of Steffenburgs Zone, Tomtebo Mine • Hole TOMT70004 was drilled horizontally from the -200 m exploration drift level and intersected 16.17 m at 93.0 g/t Ag, 1.0 g/t Au, 0.2% Cu, 5.4% Zn, 2.9% Pb (2.00 to 18.17 m). • Hole TOMT70003 was drilled horizontally from the -200 m level and intersec
Slide 24: Historic Drill Hole Assays at Steffenburgs Zone, Tomtebo Mine
Historic Drill Hole Assays at Steffenburgs Zone, Tomtebo Mine Drill Hole Depths and Interval Historical Assay Results Hole ID Azimuth Dip Hole Type From (m) To (m) Interval (m) Ag (g/t) Au (g/t) Cu (%) Zn (%) Pb (%) TOMT70003 10 0 Underground 5.79 15.60 9.81 88.20 0.37 0.16 5.37 2.60 TOMT70004 162 0
Slide 25: Long Section Facing East of Gårdsgruvans Zone, Tomtebo Mine
Long Section Facing East of Gårdsgruvans Zone, Tomtebo Mine • Hole TOMT16008b was drilled at -67° from surface and intersected 3.6 m at 3.98% Cu (9.50 to 13.10 m), 4.0 m at 11.79% Cu (51.60 to 55.60 m), and 3.4 m at 2.38% Cu (68.60 to 72.00 m). • Hole TOMT16005 was drilled at -60° from surface and i
Slide 26: Historic Drill Hole Assays at Gårdsgruvans Zone, Tomtebo Mine
Historic Drill Hole Assays at Gårdsgruvans Zone, Tomtebo Mine Drill Hole Depths and Interval Historical Assay Results From Interval Hole ID Azimuth Dip Hole Type To (m) Ag (g/t) Au (g/t) Cu (%) Zn (%) Pb (%) (m) (m) TOMT16005 81 -60 Surface 47.00 48.90 1.90 na na 6.12 na na Notes: TOMT16008b 136 -67
Slide 27: Magnetic Signatures of Tomtebo, Garpenberg, and Falun
Magnetic Signatures of Tomtebo, Garpenberg, and Falun Tomtebo Mine Trend Garpenberg Mine Trend Falun Mine Isolated magnetic high anomalies within magnetic low corridor TSX-V: DMX Corporate Presentation | April 2021 27
Slide 28: Ground Gravity Results over the Tomtebo Mine Trend
Ground Gravity Results over the Tomtebo Mine Trend • Numerous gravity high anomalies have been identified at the historic Tomtebo Mine. • A very significant blind gravity high anomaly has been identified 1.0 km northeast along trend from the historic Tomtebo Mine. • A significant gravity high anomal
Slide 29: Historic Lövås Mine Long Section
Historic Lövås Mine Long Section Mineralization is open along strike and at depth. • Historic production at the Lövås Mine comprised 330,000 tonnes at 3.5% Zn, 2.5% Pb, and 30g/t Ag4. • Mining operations ceased at a depth of 190 m due to hydraulic conditions. The mine workings extended along a strik
Slide 30: Alteration & Mineralization at Historic Lövås Mine
Alteration & Mineralization at Historic Lövås Mine Coarse-grained massive sphalerite. Epidote-calcite alteration with massive to semi-massive galena. Carbonate replacement with sulphides. TSX-V: DMX Corporate Presentation | April 2021 30
Slide 31: Next Steps for Tomtebo Property
Next Steps for Tomtebo Property Advance through modern systematic exploration. TSX-V: DMX Corporate Presentation | April 2021 31
Slide 32: References & Technical Notes
References & Technical Notes 1 Allen, R.L., Lundström, I., Ripa, M., and Christofferson, H., 1996, Facies analysis of a 1.9 Ga, continental margin, back-arc, felsic caldera province with diverse Zn-Pb-Ag-(Cu-Au) sulfide and Fe oxide deposits, Bergslagen region, Sweden: Economic Geology, v. 91, p. 97
Slide 33: Thank You
Thank You 907 - 1030 West Georgia Street, Vancouver, BC, V6E 2Y3 Phone: (604) 288-4430 info@districtmetals.com districtmetals.com TSXV:DMX TSX-V: DMX Corporate Presentation | April 2021