District Metals – Drilling Commences at Base Metals Stollberg Project, Update on Sweden Uranium Moratorium
Garrett Ainsworth, President and CEO of District Metals (TSX.V:DMX – OTCQB:DMXCF – FRA: DFPP) joins me to discuss the start of drilling at the Stollberg Property, in Sweden, in collaboration with Boliden Mineral AB. I also get an update on potential lifting of the moratorium on uranium mining in country.
We start by recapping the exploration agreement with Boliden to spend C$10million over 4 years at the Stollberg and Tomtebo Properties. Garrett provides a history on the Stollberg Property including the initial area of drilling around the Gränsgruvan Mine. We also discuss other targets on the Project that could be drilled in the future.
Since I’m curious and I continue to receive a lot of emails asking about the moratorium on uranium mining in Sweden, I ask Garrett for an update.
If you have any follow up questions for Garrett please email me at Fleck@kereport.com.
Click here to visit the District Metals website to learn more about the Company.
Cerrado Gold Inc. (V.CERT) I will call it an up-and-coming mid-tier gold producer their 3rd quarter gold production was 16,600 ounces, but the stock was down today on good production results. They paid down $12 million in debt. It looks like a buy to me with just over 100 million shares out and a gold price hitting $2700. This stock is down 55% over the year and currently sells for .34 CDN with production in a favorable jurisdiction, Argentina. DT
Hi there DT. I just had Mark on the KE Report last month discussion the value proposition in Cerrado.
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Anybody got any horses we can give the Swedish Gov for trading uranium? Great interview and update Cory.