The KE Report

District Metals - Viken Deposit Resource Estimate: Confirmed as 2nd Largest Uranium Resource Globally

Listen Later

I’m joined by Garrett Ainsworth, President and CEO of District Metals (TSX.V:DMX - OTCQB:DMXCF - Nasdaq First North: DMXSE SDB), to break down the newly announced resource estimate at the Viken Deposit in Sweden. With 1.5 billion pounds of U₃O₈ at 161 ppm, Viken now ranks as the second-largest uranium deposit in the world.

Key topics covered:
  • Major upgrade from the 2014 historical estimate with 44% growth in Inferred and 900%+ in Indicated categories.

  • Garrett explains how the company advanced the resource without drilling, leveraging historical data.

  • Comparison to other global uranium projects, including Olympic Dam and legacy M&A deals in Southern Africa.

  • Strategic value of the deposit’s polymetallic makeup, which includes vanadium, nickel, molybdenum, copper, zinc, and potentially rare earth elements.

  • Plans for upcoming field work, geophysics, and preparation for a PEA (Preliminary Economic Assessment) pending Sweden’s uranium moratorium vote in September.

  • Why this resource could have far-reaching strategic and permitting benefits for Sweden and the EU.

    •  

    If you have any follow up questions for Garrett please email me at [email protected]. 

     

    Click here to visit the District Metals website to learn more about the Company.

    ...more
    View all episodesView all episodes
    Download on the App Store
    The KE ReportBy KE Report
    • 4.3
    • 4.3
    • 4.3
    • 4.3
    • 4.3

    4.3

    12 ratings

    More shows like The KE Report

    View all
    Macro Voices by Hedge Fund Manager Erik Townsend

    Macro Voices

    3,072 Listeners

    Sprott Money News by Sprott Money

    Sprott Money News

    147 Listeners

    Mining Stock Education by Bill Powers

    Mining Stock Education

    147 Listeners

    Mining Stock Daily by Trevor Hall

    Mining Stock Daily

    97 Listeners

    The Market Huddle by Patrick Ceresna & Kevin Muir

    The Market Huddle

    361 Listeners

    Palisades Gold Radio by Collin Kettell

    Palisades Gold Radio

    268 Listeners

    Value Hive Podcast by Brandon Beylo

    Value Hive Podcast

    95 Listeners

    ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

    ITM Trading Podcast

    76 Listeners

    Wealthion - Be Financially Resilient by Wealthion

    Wealthion - Be Financially Resilient

    372 Listeners

    The Jay Martin Show by Jay Martin

    The Jay Martin Show

    71 Listeners

    Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

    Thoughtful Money with Adam Taggart

    417 Listeners

    The Julia La Roche Show by Julia La Roche

    The Julia La Roche Show

    86 Listeners

    The David Lin Report by The David Lin Report

    The David Lin Report

    44 Listeners

    Commodity Culture by Jesse Day

    Commodity Culture

    23 Listeners

    Monetary Matters with Jack Farley by Jack Farley

    Monetary Matters with Jack Farley

    155 Listeners