Report: District Metals expects to land a large vanadium-uranium-molybdenum deposit
District Metals (DMX.V) surprised the market last week with its announcement it applied for an exploration license which encompasses almost 70% of the Viken polymetallic deposit. Once owned by Continental Precious Metals (which reached a multi-hundred million dollar market cap on the back of it), the project was sold for a song at the end of last decade and the licenses lapsed after Sweden officially enacted its uranium mining moratorium…