District Metals drills 155 meters of alum shale at Viken property target in Sweden

• District Metals hit 155 meters of Alum Shale in first hole at Target A on Sweden’s Viken property.
• Hole VIK-26-001 intersected Alum Shale from 43.7 meters to 198.5 meters, a 154.8-meter downhole interval.
• Result supports MobileMT geophysical targeting used to define conductive Target A from a 2025 survey.
• Drilling continues across Target Areas A and B to map Alum Shale distribution and continuity.
• Geochemical assays are pending to confirm mineralization grade and continuity; visual logging and radioactivity were deemed insufficient.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. District Metals Corp. published the original content used to generate this news brief on October 13, 2026, and is solely responsible for the information contained therein.