District Metals Corp. · TSXV:DMX
District Metals — Investor Presentation (March 2022)
31 slides from District Metals's investor presentation, March 2022
Slide 1: Corporate Presentation March 2022
TSX-V: DMX Corporate Presentation March 2022 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 | March 2022
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 6.9% 15.5% Share Structure Dec. 22, 2021 8.1% 29.1% Basic Shares Issued 86,980,707 Stock Options 6,880,000 (Exercise price at $0.20-$0.46) Warrants 11,517,866 (Exercise price at $0.35-$0.42) 40.4% Agent Options 1,205,920 (Exercise price at $0.25-$0.30) Management & Insiders Instituti
Slide 5: Sweden is a Top Mining Jurisdiction
Kirunavaara Sweden is a Top Mining Jurisdiction Aitik Sweden has a deep-rooted history of mining with Kristineberg Maurliden Luleå support from government agencies and communities. Kankberg Svartliden Björkdal Rönnskär Smelter Polymetallic Gold • Mining activities in Sweden date back 2400 years. Iro
Slide 6: A World Class Mining District: Bergslagen, Sweden
A World Class Mining District: Bergslagen, Sweden The Bergslagen District offers a rich metal endowment and extensive infrastructure: • Known for its large and high grade VMS, SedEx, and CRD deposits such as Garpenberg, Zinkgruvan, Falun, and Sala. • The Garpenberg (Boliden) and Zinkgruvan Mines (Lu
Slide 7: A World Class Mining District: Bergslagen, Sweden
A World Class Mining District: Bergslagen, Sweden Mine/Deposit Tonnage of Production, Reserve, or Resource with Grades 28.1 Mt Production at 2–4% Cu, 2-4 g/t Au, 4% Zn, 1.5% Pb, 13–25 g/t Falun Mine1 Mine/Deposit Ag Tonnage of Production, Reserve, or Resource with Grades 2 Garpenberg Mine 60.4 28.1
Slide 8: Garpenberg Mine – 42% Precious Metal Value Input
Garpenberg Mine – 42% Precious Metal Value Input 2021 Garpenberg Mine Revenue 2020 2021 Garpenberg Mine Production2: Distribution 3.05 Mt at 119 g/t Ag, 3.8% Zn, 1.5% Pb, 0.3 g/t Au Metal Metal Value per tonne Percentage Percentage 7.0% 10.0% Silver ($/tonne)Silver $64.65 $74.13 35.0% 31% 33% 14.0%
Slide 9: 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 10: 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 11: Tomtebo Property
Tomtebo Property Located in the heart of the prolific Bergslagen District. • Tomtebo covers an area of 5,144 ha, and is an approximate 2.5 hour drive from Stockholm in Sweden. • Boliden’s Garpenberg Mine is located 25 km to the SE, and the historic Falun Mine is located 25 km to the NW. • Tomtebo co
Slide 12: 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 13: 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 14: 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 | March 2022 14
Slide 15: 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 | March 2022 15
Slide 16: 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 17: 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 18: 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 19: Plan View of Historic Drilling at Tomtebo Mine
Plan View of Historic Drilling at Tomtebo Mine Oscarsgruvan zone Steffenburgs zone Björngruvan zone • Steffenburgs zone: silver-zinc-lead dominant mineralization. • Oscarsgruvan zone: silver-zinc-lead dominant mineralization. • Björngruvan zone: silver-zinc-lead dominant mineralization. Gårdsgruvans
Slide 20: Plan View of 2021 Drilling at Tomtebo Mine
Plan View of 2021 Drilling at Tomtebo Mine Oscarsgruvan zone Steffenburgs zone • TOM21-002 intersected 12.55 m at 148.6 g/t Ag, 2.1% Zn, 2.2% Pb, 0.2 g/t Au, and 0.04% Cu (90.8 to 103.35 m) including 4.75 m at 198.5 g/t Ag, 4.5% Zn, 3.1% Pb, 0.3 g/t Au, and 0.04% Cu (98.6 to 103.35 m); and 4.8 m at
Slide 21: Plan View of 2021 Drilling at Tomtebo Mine
Plan View of 2021 Drilling at Tomtebo Mine Oscarsgruvan zone Steffenburgs zone • TOM21-001 intersected 11.95 m at 46.9 g/t Ag, 7.2% Zn, 3.1% Pb, 1.2 g/t Au, and 0.1% Cu (62.0 to 73.95 m) including 3.2 m at 124.4 g/t Ag, 17.8% Zn, 8.3% Pb, 1.6 g/t Au and 0.07% Cu (70.3 to 73.5 m). • TOM21-025 interse
Slide 22: Cross Section Looking Northwest at Steffenburgs Zone
Cross Section Looking Northwest at Steffenburgs Zone 14 • TOM21-027 intersected three lenses of polymetallic mineralization that remain open and is interpreted to have clipped the northwest outside edge of the massive sulphide lenses hit by TOM21-001, 025, and -028. TSX-V: DMX Corporate Presentation
Slide 23: Long Section Looking Northeast at Steffenburgs Zone
Long Section Looking Northeast at Steffenburgs Zone 14 Open Open TSX-V: DMX Corporate Presentation | March 2022 23
Slide 24: Plan View of 2021 Drilling at Tomtebo Mine
Plan View of 2021 Drilling at Tomtebo Mine Oscarsgruvan zone Steffenburgs zone • TOM21-013 intersected 8.65 m at 2.92% Cu and 0.43 g/t Au (76.65 to 85.30 m) including 7.05 m at 3.47% Cu and 0.52 g/t Au (77.45 to 84.50 m), and 5.15 m at 1.56% Cu and 0.32 g/t Au (191.30 to 196.45 m). • TOM21-016 inter
Slide 25: 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 | March 2022 25
Slide 26: 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 27: 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 | March 2022 27
Slide 28: Gruvberget Property
Gruvberget Property • Gruvberget covers an area of 5,286 ha, and is an approximate 3 hour drive northwest from Stockholm in Sweden. • Boliden’s Garpenberg Mine is located 60 km to the SE, and the historic Falun Mine is located 30 km to the E. Gruvberget contains similar host rocks, structure, altera
Slide 29: Svärdsjö Property
Svärdsjö Property • Svärdsjö covers an area of 1,037 ha, and is an approximate 3 hour drive from Stockholm in Sweden. • Boliden’s Garpenberg Mine is located 45 km to the SE, and the historic Falun Mine is located 15 km to the SW. • Svärdsjö contains similar host rocks, structure, alteration, and min
Slide 30: 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 31: 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 | March 2022