Company Updates From Management – Fri 5 Feb, 2021

District Metals – Diving into the 5,000 meter drill program at the Tomtebo Property now that permits are received

Garrett Ainsworth, President and CEO of District Metals (TSX.V:DMX) joins me to recap the news from yesterday highlighting the granting of drill permits and a comprehensive overview of the 5,000 meter drill program at the Tomtebo Property in Sweden. The program is expected to start within a month and test 4 key target zones all with historic drill intercepts. Be sure to reference the image below (Figure 1) from the news release that outlines the targets and proposed holes.

If you have any follow up questions for Garrett please email me at Fleck@kereport.com.

Click here to read over the full news release.

Figure 1: Plan View of Proposed Drill Holes at Tomtebo Mine
Figure 1 from the news release

Comments:
  1. On February 5, 2021 at 12:33 pm,
    cfs says:

    Sassy samples up to 157 g/t Au, 83.5 g/t Ag at Foremore
    2021-02-05 08:03 ET – News Release
    Mr. Mark Scott reports
    SASSY DRILLING CONFIRMS WESTMORE GOLD-SILVER DISCOVERY
    Results from Sassy Resources Corp.’s first two drill holes have confirmed a new early-stage grassroots gold-silver discovery at the Westmore target, immediately southwest of an expanded five-kilometre-long system of precious metal-rich copper-zinc-lead mineralization at the company’s 100-per-cent-owned Foremore property (146 square km) in northwest British Columbia’s rich Eskay camp.

  2. On February 5, 2021 at 5:51 pm,
    cfs says:

    ESKAY AGREES TO ACQUIRE 19.5% OF GARIBALDI RESOURCES CORP FROM THE SPROTT FOUNDATION
    Eskay Mining Corp. has entered into an agreement with the Sprott Foundation to acquire 23,703,688 common shares of Garibaldi Resources Corp. valued at $10,782,000 in consideration for the issuance of 4,211,719 working capital units of Eskay at price of $2.56 per WC unit.