September 25, 2025

District Metals - Mobile MT Survey Unveils Major New Targets at Viken Uranium Project

10 minutes

We’re joined by Garrett Ainsworth, President & CEO of District Metals (TSX-V: DMX - OTCQB: DMXCF - Nasdaq First North: DMXSE SDB), to discuss the latest results from airborne Mobile MT surveys at the Viken Property in Sweden, one of the largest uranium deposits in the world.

Garrett explains how these surveys confirmed the known Viken deposit and identified nine new high-priority target areas - with three of them showing even stronger geophysical signatures than Viken itself.

Key discussion points include:

How Mobile MT surveys validate the Viken deposit through a one-to-one correlation with historic drilling.

Nine new target zones discovered, with 6 emerging as the most prospective.

Shallow, near-surface potential - many targets appear at ~100m depth or less.

Scalability of the alum shale system, where limited drilling could quickly define significant tonnage.

Exploration and news flow ahead, including further survey results from other Swedish projects.

Garrett also shares perspective on Sweden’s pending uranium moratorium lift, expected in late 2025, which would unlock the path to drilling and advancing these discoveries.

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This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

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