District Metals Corp Retains P&E Mining Consultants Inc. For Resource Estimation on Viken Energy Metals Deposit
Vancouver, British Columbia–(Newsfile Corp. – February 5, 2025) – District Metals Corp. (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQB: DMXCF) (FSE: DFPP); (“District” or the “Company”)
Exciting News for District Metals Corp
District Metals Corp. is thrilled to announce that it has retained P&E Mining Consultants Inc. (“P&E”) to prepare a resource estimate and related report pursuant to National Instrument 43-101 (“NI 43-101”) on the Viken Energy Metals Deposit located in Jämtland County, central Sweden. This is a significant step forward for the company and the Viken Deposit, which has a rich history of exploration and development work.
Continental Precious Minerals Inc. conducted extensive exploration and development activities on the Viken Deposit from 2008 to 2014. The collaboration with P&E Mining Consultants Inc. will provide District Metals Corp. with valuable insights and data to further understand and assess the potential of the Viken Energy Metals Deposit.
This partnership marks an exciting chapter for District Metals Corp. as they continue to advance their exploration efforts and unlock the full potential of the Viken Deposit. The expertise and experience of P&E Mining Consultants Inc. will be instrumental in the development of a comprehensive resource estimate and report that complies with NI 43-101 standards.
How This News Will Impact You
As a stakeholder or investor in District Metals Corp., this announcement signifies a significant milestone in the company’s journey towards unlocking the full potential of the Viken Energy Metals Deposit. The resource estimate and report prepared by P&E Mining Consultants Inc. will provide valuable insights into the deposit’s value and potential, which could impact the company’s stock performance and overall market perception.
How This News Will Impact the World
The collaboration between District Metals Corp. and P&E Mining Consultants Inc. showcases the commitment to responsible and strategic resource development in the mining industry. The data and insights generated from this partnership could contribute to the sustainable extraction and utilization of energy metals, fostering innovation and growth in the global energy sector.
Conclusion
The partnership between District Metals Corp. and P&E Mining Consultants Inc. signifies a significant step forward in the exploration and development of the Viken Energy Metals Deposit. This collaboration not only benefits the company and its stakeholders but also contributes to the advancement of responsible resource development practices on a global scale.
