In this episode, we are joined by Garrett Ainsworth, President and CEO of District Metals (TSX.V: DMX | OTCQB: DMXCF | Nasdaq First North: DMXSE). Garrett provides a comprehensive update on the company’s near term work plans in Sweden. The discussion covers the anticipated release of the Preliminary Economic Assessment (PEA) for the Viken Deposit, innovative metallurgical processes that enhance resource recovery, and the upcoming drill programs across the portfolio of energy metal properties.
Key Discussion Points:
- Viken Deposit PEA & Economic Impact: Insights into the upcoming Preliminary Economic Assessment (Q2 2026) and the subsequent Economic Impact Study scheduled for Q3, focusing on social licensing and job creation.
- Metallurgical Advancements: A look at how new extraction technologies, originally developed for lithium and rare earth elements, are being applied to the Viken deposit to improve recoveries of uranium, vanadium, and potash.
- 2026 Exploration & Drilling: Details on the Q2 drill plans at the Alum Shale and Viken projects, alongside fieldwork at high-grade uranium targets like Såtjärn, Nianfors, and Ardnasvarre.
- Swedish Political Landscape: An update on the potential “Deposit of National Interest” designation for Viken and the June 11th parliamentary vote regarding the removal of the municipal veto on uranium processing.
If you have any follow up questions for Garrett please email me at Fleck@kereport.com.
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