District Metals Corp. · TSXV:DMX
District Metals — Investor Presentation (February 2025)
28 slides from District Metals's investor presentation, February 2025
Slide 1: Corporate Presentation
Corporate Presentation February 2025 TSX-V: DMX OTCQB: DMXCF FRA: DFPP Viken Uranium-Vanadium Alum Shale Property Tomtebo Polymetallic VMS/SedEx Property TSX-V: DMX Corporate Presentation | February 2025
Slide 2: Cautionary Statement Regarding Forward Looking Information
Cautionary Statement Regarding Forward Looking Information This document has been prepared by District Metals Corp. (“District” or the “Company”) solely for the use in connection with the future; the Company’s limited operating history; the Company’s negative operating cash flow and dependence on th
Slide 3: District Metals – Sweden’s Energy Metals Company
District Metals – Sweden’s Energy Metals Company Management and Board have a track record of success from mineral discoveries through to production. Focused within prolific mineral districts in Sweden, a geopolitically stable and established pro-mining jurisdiction. 100% ownership of the Viken Depos
Slide 4: 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 & Corporate Secretary Independent Director Independent Director Technical Advisor Strategic Advisor Alpha Minerals,
Slide 5: Share Structure
Share Structure 4.9% 14.0% Share Structure December 31, 2024 Basic Shares Issued 130,592,952 46.5% Stock Options 34.7% (Exercise price at $0.17-$0.46) 11,975,000 Warrants 19,817,500 (Exercise price at $0.20-$0.30) Agent Options 1,615,255 (Exercise price at $0.15-$0.22) Management & Insiders Institut
Slide 6: Sweden – A Top Mining Jurisdiction
Sweden – A Top Mining Jurisdiction Deep-rooted history of metals mining, production, and manufacturing, with strong support from government and communities. • Mining activities date back 2400 years1. • Europe’s leading mining nation, accounts for: • 93% of the continent’s iron ore • 11% of the coppe
Slide 7: Uranium Polymetallic Properties
Uranium Polymetallic Properties TSX-V: DMX Corporate Presentation | February 2025
Slide 8: Sweden Has Shifted to Pro-Nuclear
Sweden Has Shifted to Pro-Nuclear Energy security has become an absolute priority for Sweden and other countries in Europe. • Sweden’s new government has indicated strong support for nuclear power: New center-right coalition government formed in October 2022, included a shift towards supporting and
Slide 9: History and Path to Proposed Lifting of Uranium Moratorium
History and Path to Proposed Lifting of Uranium Moratorium Moratorium on uranium mining put into legislation – August 1, 2018 Ruling coalition government put forth motion to revert lift uranium ban – November 2022 Swedish Government commenced inquiry into lifting uranium ban – February 15, 2024 Swed
Slide 10: Viken Property - Central Sweden
Viken Property - Central Sweden District has consolidated 100% ownership of the Viken Energy Metals Deposit • Located in Jämtland County about 570 km NW of Stockholm with excellent infrastructure including daily air service, rail and truck freight, and grid power. • Geological Survey of Sweden carri
Slide 11: Viken Deposit Historical Mineral Resource Estimates
Viken Deposit Historical Mineral Resource Estimates 2010 2010 Viken Deposit Historical Mineral Resource Estimate Grade Contained Metal Tonnage Classification (k tonnes) V2O5 (%) U3O8 (%) Mo (%) Ni (%) V2O5 (Mlbs) U3O8 (Mlbs) Mo (Mlbs) Ni (Mlbs) Indicated 23,610 0.313 0.019 0.028 0.032 162.8 9.9 14.7
Slide 12: Sågtjärn Uranium Property
Sågtjärn Uranium Property • Contains the Sågtjärn Uranium Deposit and numerous other uranium occurrences. • The Sågtjärn Deposit has an historical inferred mineral resource estimate of 756,000 tonnes grading 0.068% U3O8 containing 1,137,585 lbs of U3O8 using a 200 ppm uranium cut off. • The Sågtjärn
Slide 13: Nianfors Uranium Property
Nianfors Uranium Property • Contains the Majsaberget uranium-yttrium-molybdenum occurrence that consists of 889 mineralized boulders over an approximate area of 500 m by 200 m1,4. • Assay results from the Majsaberget mineralized boulders returned a weighted average of 0.16% U3O8 and 0.08% Y1,4. • A
Slide 14: Ardnasvarre Uranium Property
Ardnasvarre Uranium Property • Straddles the unconformity between exposed Svecofennian basement rocks and overlying Caledonide sedimentary rocks where targets include stratabound, unconformity- and intrusive-related uranium and REE mineralization. • Contains the Labbas Uranium Zone where drilling by
Slide 15: Alum Shale Properties
Alum Shale Properties • The Tåsjö nr 101 to 108, Malgomaj nr 1001 to 1003, and Österkälen nr 101 mineral licenses are highly prospective for Alum Shale energy metals deposit targets1. • In the Tåsjö area, Cambro-Ordovician sedimentary units overlie the Proterozoic intrusive basement, which is a simi
Slide 16: Polymetallic Properties (Zn-Pb-Ag-Cu-Au)
Polymetallic Properties (Zn-Pb-Ag-Cu-Au) TSX-V: DMX Corporate Presentation | February 2025
Slide 17: A World Class Polymetallic Mining District: Bergslagen, Sweden
A World Class Polymetallic Mining District: Bergslagen, Sweden Falun Mine1: • 28.1 Mt Production at 2-4% Cu, 2-4 g/t Au, 4% Zn, 1.5% Pb, 13- 25 g/t Ag Garpenberg Mine2: • 70.0 Mt Production at 126 g/t Ag, 4.5% Zn, 1.9% Pb, 0.3 g/t Au • 105.7 Mt P&P: 88 g/t Ag, 2.5% Zn, 1.2% Pb, 0.3 g/t Au, 0.04% Cu
Slide 18: Boliden-District Collaboration on Tomtebo-Stollberg Properties
Boliden-District Collaboration on Tomtebo-Stollberg Properties Located in the heart of the prolific Bergslagen District. • Boliden and District executed a definitive agreement in October 2023 on the Tomtebo and Stollberg Properties. • Boliden will fund $10.0M of exploration expenditures over four ye
Slide 19: Tomtebo Property
Tomtebo Property • Tomtebo covers an area of 5,144 ha, ~2.5 hour drive from Stockholm. • Boliden’s Garpenberg Mine is located 25 km to the SE, and the historic Falun Mine is located 25 km to the NW. • Tomtebo contains similar host rocks, structure, alteration, and mineralization styles as Garpenberg
Slide 20: 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 | February 2025 20
Slide 21: Plan View of 2021-2024 Drilling at Steffenburgs Zone, Tomtebo Mine
Plan View of 2021-2024 Drilling at Steffenburgs Zone, Tomtebo Mine 1) TOM21-001 intersected 11.95 m at 7.2% Zn, 3.1% Pb, 46.9 g/t Ag, 0.1% Cu, 1.2 g/t Au (62.0 to 73.95 m)1. 2) TOM21-025 intersected 14.3 m at 9.5% Zn, 2.3% Pb, 40.0 g/t Ag, 0.2% Cu, 0.4 g/t Au (210.0 to 224.3 m) drilled 118 m beneath
Slide 22: Oblique Section of 2021-2024 Drilling at Steffenburgs Zone
Oblique Section of 2021-2024 Drilling at Steffenburgs Zone • TOM24-042 intersected copper-rich semi-massive to massive sulphide mineralization over approximately 17.0 m (309.0 to 326.0 m)1. • TOM24-042 intersected 29.25 m at 1.0% Cu, 0.7 g/t Au 1.6% Zn, 0.8% Pb, 30 g/t Ag (299.0 to 328.25 m) as an a
Slide 23: Milestones & Upcoming Catalysts
Milestones & Upcoming Catalysts Target to start trading on the Nasdaq First North Growth Market – early-2025 Release of Stollberg Property drill assay results from Q4 2024 drill program – Q1 2025 Commence drilling at the Tomtebo Property – H1 2025 Complete updated NI 43-101 mineral resource estimate
Slide 24: Highlights
Highlights TSX-V: DMX Corporate Presentation | February 2025
Slide 25: District Metals – We Are Sweden’s Energy Metals Company
District Metals – We Are Sweden’s Energy Metals Company • Strong Team with Experience in Uranium and Base Metals Discovery and Development • Focused in Sweden - a Top Mining Jurisdiction • Assembled Portfolio Focused on Uranium Polymetallic Properties • Additional Base Metals Polymetallic JV with Bo
Slide 26: Thank You
Thank You 907 - 1030 West Georgia Street, Vancouver, BC, V6E 2Y3 Phone: (604) 288-4430 info@districtmetals.com districtmetals.com TSX-V: DMX OTCQB: DMXCF FRA: DFPP TSX-V: DMX Corporate Presentation | February 2025
Slide 27: Viken Historical Estimates
Viken Historical Estimates 2010 Resource Estimate • See report titled “Preliminary Economic Assessment on the Viken MMS Project, Sweden,” prepared for Continental Precious Minerals Inc., dated October 19, 2010 with an effective date of September 10, 2010 (the “2010 Viken Report”). • The Company view
Slide 28: Historical Estimates
Historical Estimates Sågtjärn Uranium Property • See report titled “Revised Introductory Technical Report on Eight Uranium Properties in Northern Sweden” prepared for Continental Precious Metals Inc., revised and restated September 20, 2005 with an effective date of July 15, 2005 (the “Sågtjärn Repo
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