District Metals – Drill Commentary From Tomtebo, Sweden Uranium Moratorium Update
Garrett Ainsworth, President and CEO of District Metals (TSX.V:DMX – OTCQB:DMXCF – FRA:DFPP) joins me to recap the visual results from 6 holes drilled at the Tomtebo Project, in Sweden. This project, along with the Stollberg Project, are part of a Definitive Agreement with Boliden Mineral AB, where Boliden has the right to earn up to 85% on the projects. Boliden is funding a $2million program this year on both projects.
Garrett summarizes the visual results and explain the significance of using Boliden’s in-house down-hole electromagnetic survey to analyze the mineralization.
We also discuss the moratorium on exploration and mining of uranium in Sweden. May 15th is a date that could provide some near term guidance on when this moratorium could be lifted.
Please keep emailing me your questions for Garrett to Fleck@kereport.com.
Hi Kory
Great interview as usual with Garett from DMX. Next time you have him on the show, could you ask for an update on the Bakar project in BC? Could that licence be transfered and generate some cash flow and if so, what would be it market value?
Thanks