View full page at metalsmine.com

 

District Metals adds Nianfors property to its asset portfolio

From caesarsreport.com

District Metals (DMX.V) has announced the Swedisch mining inspectorate has approved District’s application for the Nianfors nr 1 and 2 mineral licenses. Those licenses can be explored for base metals and Rare Earth Elements. But of course, the known uranium occurrence is very likely what appealed most to District Metals. The Nianfors nr 2 license contains the Majsaberget uranium-yttrium-molybdenum occurrence, evidenced by the presence of 889 mineralized boulders over a relatively small area of 500 by 200 meters. The weighted average grade of the mineralized boulders was 0.16% U3O8 and 0.08% Yttrium while a 41 year ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis