District Metals - Advancing High-Grade Uranium Projects in Sweden Amid Strong Market Tailwinds
In this KE Report company update, we welcome back Garrett Ainsworth, President and CEO of District Metals (TSX.V:DMX - OTCQB:DMXCF - Nasdaq First North: DMXSE SDB), for a wide-ranging discussion covering recent exploration updates, project strategy, and corporate developments.
District is gaining strong investor attention, with shares rallying alongside broader uranium sector momentum. Garrett walks us through the launch of a Mobile MT airborne geophysical survey at the company’s flagship Viken uranium-vanadium project - the second largest undeveloped uranium resource globally. The survey is designed to improve geological understanding and guide future drill targeting, while potentially enabling the company to optimize and expand its land package.
Garrett also discusses:
- Plans for a smaller-scale, quarry-style mining scenario to enhance economics and community support once Sweden’s uranium moratorium is lifted (expected January 2026)
- The sale of the non-core Bakar copper asset on Vancouver Island and rationale behind the exit
- Upcoming airborne work across District’s broader uranium portfolio in Sweden, including detailed radiometric and magnetic drone surveys
- Insider confidence, shown by recent option exercises, and why the team is holding firm despite the stock’s rally
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.
