District Commences Fieldwork at the Tomtebo Property
918-1030 West Georgia Street, Vancouver, BC, V6E 2Y3
Telephone: 604-628-2669
District Commences Fieldwork at the Tomtebo Property
Vancouver, B.C. September 2, 2020
September 2, 2020 – District Metals Corp. (TSX-V: DMX) (FRA: DFPP); ("District" or the
“Company”) is pleased to report that it has commenced field work on its polymetallic Tomtebo
Project in the Bergslagen Mining District of south -central Sweden. Initial work consisting of
geological mapping, prospecting and geochemical sampling has started at the former Tomtebo
Mine, and regionally across the 5,144 hectare Property. This work will be further complemented
by a review of available historic drill core from the Tomtebo Mine starting in mid -September.
These fieldwork programs will augment the historical compilation work and recently flown
SkyTEM survey in preparation for a drilling campaign at Tomtebo planned for early-2021.
Tomtebo Property Highlights
• Boliden’s Garpenberg Mine is located 25 km to the southeast, and the historic Falun Mine
is located 25 km to the northwest. Lundin Mining’s Zinkgruvan Mine is located 175 km
to the southwest.
• Tomtebo contains similar host rocks, structure, alteration, and mineralization styles as the
Garpenberg, Falun, and Zinkgruvan Mines.
• Two historic mines, and numerous mineralized prospects are situated along a 17 km trend
on the property. Mineralization at the historic Tomtebo and Lovas Mines appears to be
open in all directions (Figure 1).
• Historic production at the Tomtebo Mine comprised 120,000 tonnes at 4.4% Cu1. Historic
production at the Lovas Mine comprised 330,000 tonnes at 3.5% Zn, 2.5% Pb, and 30g/t
Ag2.
• Development work and mining at the historical Tomtebo and Lovas Mines reached depths
of 200 m and 190 m, respectively. Mining operations at Boliden’s Garpenberg Mine and
Lundin Mining’s Zinkgruvan Mine are currently at depths of 1400 m and 1 300 m,
respectively, with resources that remain open at 1600 m.
• Previously reported historic drill results at the former Tomtebo Mine include:
o Hole TOMT65001 intersected 4.67 m at 1,087.0 g/t AgEq 3 or 28.0% ZnEq4 at
the Oscarsgruvan zone (see July 6th, 2020 news release).
918-1030 West Georgia Street, Vancouver, BC, V6E 2Y3
Telephone: 604-628-2669
o Hole TOMT70004 intersected 16.17 m at 535.7 g/t AgEq 3 or 13.8% ZnEq 4 at
the Steffenburgs zone (see July 27th, 2020 news release).
o Hole TOMT16008b intersected 3.6 m at 3.98% Cu, 4.0 m at 11.79% Cu, and
3.4 m at 2.38% Cu at the Gårdsgruvans zone (see August 11th, 2020 news
release).
• Modern systematic exploration has never been previously conducted on the Tomtebo
Property.
Garrett Ainsworth, CEO of District, commented: “ Compilation of historical drill results at the
Tomtebo Mine is complete, and Leapfrog 3D modeling of the mineralized zones continues, which
will be greatly enhanced by the additional data obtained from the recently commenced fieldwork.
As an authority in the Bergslagen Mining District, the presence of Dr. Rodney Allen at Tomtebo
is significant given his key role in the discovery of polymetallic mineral resources at the world
class Garpenberg Mine. The final SkyTEM data will be available very soon, and thereafter
interpretations on the magnetic and conductive data will be developed as an additional layer to
define our priority drill targets at the Tomtebo Mine and regionally across the Tomtebo Property.”
Fieldwork Program
Fieldwork comprising geological mapping, prospecting, and geochemical sampling at the historic
Tomtebo Mine will be conducted by Dr. Rodney Allen and Hein Raat. Dr. Allen was Manager,
Geology Research and Development for the Boliden Group in Sweden for ten years. Prior to that
position, he studied several polymetallic ore deposits in Sweden. His geological interpretations
were instrumental in the discovery of new ore bodies at Garpenberg and Renström. Mr. Raat was
a Geologist for the Boliden Group in Sweden for eight years with the last four years being focused
on polymetallic projects in the Bergslagen Mining District.
The review of historical drill results at the Tomtebo Mine prior to initiating fieldwork has
provided valuable background information that will assist with the geological interpretation of
trends, patterns, and zonation related to polymetallic mineralization. Mapping at the historic mine
will focus on identifying controls of mineralization through detailed mapping of the geology,
alteration, and structure in the open pits and where outcrop is present. Identification of strongly
altered limestone to tremol ite skarn will be a priority given the importance of this unit to other
large polymetallic deposits in the Bergslagen Mining District. The structural data obtained will
improve the 3D modeling of the mineralized zones at depth where frequent structural
measurements were historically recorded from the -200 m exploration drift.
Regional fieldwork at Tomtebo will be conducted by Nicolai Metzger who is an economic
geologist with a focus on precious and base metal exploration in Scandinavia. The regional work
will focus on known polymetallic mineral occurrences, preliminary SkyTEM conductive and
magnetic anomalies, and outcrop exposures. Special attention will be given to mapping out
characteristic mafic volcanics and marble horizons that are often spatially related to polymetallic
mineralization at the Garpenberg, Zinkgruvan, historic Falun, and historic Sala Mines.
918-1030 West Georgia Street, Vancouver, BC, V6E 2Y3
Telephone: 604-628-2669
Figure 1: Location Map of Tomtebo Property
Note: The nearby mines provide geologic context for Tomtebo, but this is not necessarily indicative that the Property hosts similar
grades or tonnages of mineralization.
918-1030 West Georgia Street, Vancouver, BC, V6E 2Y3
Telephone: 604-628-2669
References
1 Ed. Eilu, Pasi , 2012, Geological Survey of Finland, Special Paper 53, Metallogenic areas in
Sweden, p. 154.
2 Geological Survey of Sweden report grb_097, 1997.
3 AgEq equals = Ag g/t + (Au g/t × 110) + (Cu% × 98.286) + (Zn% × 38.857) + (Pb% × 34.286).
Metal prices used in USD for metal equivalent calculations were based on $15.00/oz for Ag,
$1650/oz for Au, $2.15/lb for Cu, $0.85/lb for Zn and $0.75/lb for Pb . Metal equivalent
calculations assume 100% recoveries.
4 ZnEq equals = Zn% + (Ag g/t × 0.0257) + (Au g/t x 2.831) + (Cu% × 2.529) + (Pb% × 0.882).
Metal prices used in USD for metal equivalent calculations were based on $15.00/oz for Ag,
$1650/oz for Au, $2.15/lb for Cu, $0.85/lb for Zn and $0.75/lb for Pb . Metal equivalent
calculations assume 100% recoveries.
5 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. 979–1008.
6 https://www.boliden.com/globalassets/operations/exploration/mineral-resources-and-mineral-
reserves-pdf/2019/resources_and_reserves_garpenberg_2019-12-31.pdf
Technical Information
All scientific and technical information in this news release has been prepared by, or approved by
Garrett Ainsworth, PGeo, President and CEO of the Company. Mr. Ainsworth is a qualified
person for the purposes of National Instrument 43 -101 - Standards of Disclosure for Mineral
Projects.
Mr. Ainsworth has not verified any of the information regarding any of the properties or projects
referred to herein other than the Tomtebo and Trollberget Properties. Mineralization on any other
properties referred to herein is not necessarily indicative of mineralization on the Tomtebo and
Trollberget Properties.
The data disclosed in this news release relat ed to drilling results is historical in nature. District
has not undertaken any independent investigation of the sampling nor has it independently
analyzed the results of the historical exploration work in order to verify the results. District
considers these historical drill results relevant as the Company will use this data as a guide to plan
future exploration programs. The Company's future exploration work will include verification of
the data through drilling.
About District Metals Corp.
District Metals Corp. is led by industry professionals with a track record of success in the mining
industry. The Company’s mandate is to seek out, explore, and develop prospective mineral
918-1030 West Georgia Street, Vancouver, BC, V6E 2Y3
Telephone: 604-628-2669
properties through a disciplined science -based approach to create s hareholder value and benefit
other stakeholders.
The advanced exploration stage Tomtebo Property is located in the Bergslagen Mining District
of south -central Sweden is the Company’s main focus. Tomtebo comprises 5,144 ha, and is
situated between the historic Falun Mine and Boliden’s Garpenberg Mine that are located 25 km
to the northwest and southeast, respectively. Two historic polymetallic mines and numerous
polymetallic showings are located on the Tomtebo Property along an approximate 17 km trend
that exhibits similar geology, structure, alteration and VMS/SedEx style mineralization as other
significant mines within the district. Mineralization that is open at depth and along strike at the
historic mines on the Tomtebo Property has not been followed up on, and modern systematic
exploration has never been conducted on the Property.
On Behalf of the Board of Directors
“Garrett Ainsworth”
President and Chief Executive Officer
(604) 288-4430
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding “Forward-Looking” Information.
This news release contains certain statements t hat may be considered “forward -looking statements” within the meaning of
applicable securities laws. In some cases, but not necessarily in all cases, forward -looking information can be identified by the
use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity
exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations
of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be
taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that not histori cal
facts are forward looking statements including anticipated results of future exploration and the results of additional compilation
work.
These statements and other forward-looking information are based on assumptions and estimates that the Company believes are
appropriate and reasonable in the circumstanc es, , including, without limitation, assumptions about the reliability of historical
data and the accuracy of publicly reported information regarding past and historic mines in the Bergslagen District the
Company’s ability to raise sufficient capital to f und planned exploration activities, maintain corporate capacity and satisfy the
exploration expenditure requirements required by the definitive purchase agreement between the Company and the vendor of the
Tomtebo property (the "Definitive Purchase Agreement") by the times specified therein (failing which the Tomtebo Property will
be forfeited without any repayment to the Company); and stability in financial and capital markets.
There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from
the Company's expectations include ; the risk that historic data regarding the Tomtebo property is unreliable, the risk that
information concerning production and mineralization at current and historic mines within the Bergslagen District proves to b e
inaccurate; the risk that the Company will be unable to raise sufficient capital to finance planned exploration (including incurring
prescribed exploration expenditures required by the Definitive Purchase Agreement, failing which the Tomtebo Property will be
forfeited without any repayment of the purchase price); future metal prices, , general economic, market or business conditions, \
and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities
regulators, including those described under the heading “Risks and Uncertaintie s” in the Company’s MD&A for the financial
year ended June 30, 20 19. The Company does not undertake to update or revise any forward -looking statements, except in
accordance with applicable law. Readers are cautioned not to put undue reliance on these forward-looking statements.