All eyes are obviously still on Sweden where the company owns 100% of the Viken deposit, a large undeveloped alum shale project with an average grade of just under 0.02% U3O8 and 0.3% V2O5 (vanadium pentoxide). While vanadium is the dominant contributor to the in-situ rock value per tonne, the importance of uranium is undeniable. The Viken project hasn’t gone anywhere in the past due to the moratorium on uranium mining and processing in Sweden but in the past eighteen months, some important pieces started to move and for the very first time, there now is a clear timeline towards lifting the ban on uranium-related activities in Sweden.

And just yesterday, the company announced it repurchased a 2% NSR over the remaining four deposits that are part of the Viken project, by issuing 500,000 shares of District Metals.

We sat down with CEO Garrett Ainsworth to discuss the most recent developments in Sweden and the plans forward for the company…

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