en.Wedoany.com Reported - Swedish uranium exploration company District Metals has commenced diamond drilling at its wholly-owned Österkälen claim, located in central Sweden and part of the company's Alum Shale portfolio. The drilling aims to test potential Alum Shale mineralization associated with overlapping geophysical and geochemical anomalies within the claim area.

According to the company's plan, geological observations and uranium radiation measurements collected during drilling will be used to determine the final number of completed boreholes and total meterage. The drilling will focus on a MobileMT conductive anomaly identified in 2025, which extends approximately 8 kilometers and is up to 3.5 kilometers wide. The company noted that this geophysical feature highly coincides with geochemical soil anomalies and is interpreted as indicating favorable Alum Shale strata, and the target area has never been tested by drilling before.

Exploration work at the Österkälen claim is part of District Metals' approved 2026 annual exploration budget. The company expects to complete approximately 5,000 to 7,000 meters of drilling across its Viken and Alum Shale assets this year.

District Metals CEO Garrett Ainsworth stated that the company is pleased to launch its first drilling program targeting Alum Shale mineralization in Sweden. He noted that the large conductive MobileMT anomaly at Österkälen is interpreted to represent Alum Shale, with a scale consistent with a regional-level target. By integrating geophysical, geochemical, and geological datasets, the company has identified a high-priority target that has never been drill-tested before. The program aims to verify whether the Österkälen target exhibits characteristics of a Viken-style mineralized system, while continuing to demonstrate the exploration potential of the company's Alum Shale assets.

District Metals is a uranium exploration company focused on the Viken project in Sweden. The company holds full ownership of the Viken deposit, which it describes as hosting one of the world's largest undeveloped uranium mineral resource estimates.

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