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District Metals completes 1,943m drilling at Swedish Alum Shale, all holes hit graphitic black shale.

Market News
09 Sep 2026
Newsfile Corp
View Source
Bullish
District Metals completes 1,943m drilling at Swedish Alum Shale, all holes hit graphitic black shale.

District Metals Corp. has finished its first diamond drilling program at the Österkälen and Malgomaj mineral licenses in central Sweden, completing 1,943 meters across 15 holes. All drill holes intersected graphitic black shale, confirming the effectiveness of their MobileMT survey in targeting conductive Alum Shale horizons. While geochemical assay results are pending to determine mineral content, the consistent shale intersections mark a successful exploration phase in previously untested areas. The company plans to pause drilling for moose hunting season and resume at another property in October, with further updates expected after assay analysis.

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