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District Metals found a large, drill-ready alum shale anomaly at its Österkälen property in Sweden, linked to critical metals, amid a uranium exploration moratorium set to end in 2026.
District Metals Corp. has found a large 8 km-long, up to 3.5 km-wide low resistivity anomaly at its Österkälen property in northern Sweden, interpreted as alum shale—a rock type linked to critical metals.
The anomaly spans 7,800 hectares and shows strong geophysical traits similar to the company’s nearby Viken Property, which hosts major uranium and polymetallic deposits.
The company has applied for a new mineral license to explore the anomaly’s extension, citing its shallow depth and geological consistency as drill-ready.
The discovery strengthens District’s portfolio of uranium-rich, polymetallic projects in Sweden, though uranium exploration remains restricted under a national moratorium set to end January 1, 2026.
District Metals descubrió una gran anomalía de esquisto de alumbre lista para perforar en su propiedad de Österkälen en Suecia, vinculada a metales críticos, en medio de una moratoria de exploración de uranio que terminará en 2026.