District Commences Airborne Electromagnetic and Magnetic Survey at Gruvberget and Svardsjo Properties [MarketWatch]
BOLIDEN AB UNSP/ADR (BDNNY)
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Source: MarketWatch
Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to announce that an airborne electromagnetic ("EM") and magnetic survey has commenced on the Company's recently acquired Gruvberget and Svärdsjö Properties, located in the Bergslagen Mining District in south-central Sweden (Figure 1). Garrett Ainsworth, CEO of District, commented: "We flew SkyTEM at our flagship Tomtebo Property in July 2020, and it was very effective in identifying conductive and magnetic anomalies that have contributed to significant polymetallic drill intersections during our Phase I and ongoing Phase II drill programs. The SkyTEM electromagnetic system has advanced greatly in the last 10 years with survey penetration reaching depths that were once never thought possible. This is an important exploration tool for us working in the Bergslagen District where polymetallic deposits extend from surface to depths greater than 1600 m such as is the case at Boliden's Garpenberg Mine and Lundin
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