District Metals finds uranium mineralization beyond historic drilling at Sweden’s Sågtjärn property
Bitget2026/10/28 06:04- District Metals reported widespread uranium mineralization at its wholly owned Sågtjärn property in Sweden on October 28, 2026.
- Pegmatite-associated mineralization spans approximately 2 km along strike, extending beyond historic drilling; boulders yielded up to 1,179 ppm U₃O₈.
- Mineralized gneiss boulders returned up to 3,656 ppm U₃O₈, identifying a higher-grade exploration target.
- Uranium-bearing boulders were found 1–1.5 km southeast of historic drilling at Hammarmyran and Staverberget, identifying additional exploration targets.
- Additional metal values reached 5,250 ppm molybdenum, 333 ppm cobalt and 1,800 ppm copper.
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