District Metals (DMX) investor relations material

Strategic focus and jurisdiction

• Holds 100% ownership of the Viken Deposit, the world's largest undeveloped uranium deposit, also rich in vanadium and other critical raw materials.

• Operates exclusively in Sweden, a top mining jurisdiction with a stable geopolitical environment and strong government support for mining and nuclear energy.

• Sweden recently lifted its moratorium on uranium mining and exploration, opening new opportunities for project advancement.

Asset portfolio and resource estimates

• Viken Deposit contains an inferred mineral resource of 4.33 billion tonnes at 161 ppm U3O8, totaling 15 billion pounds U3O8, with significant vanadium, molybdenum, nickel, copper, zinc, and rare earth elements.

• Additional advanced-stage uranium polymetallic properties include Sågtjärn, Nianfors, Ardnasvarre, and Alum Shale, all with historic drilling and resource estimates.

• MobileMT geophysical survey at Viken identified nine new target areas, three of which show stronger conductive responses than the current deposit.

Exploration and development plans

• 2026 milestones include commencing a Preliminary Economic Assessment (PEA) and Economic Impact Study (EIS) for Viken, submitting drilling applications, and initiating fieldwork at multiple properties.

• Drilling and airborne geophysical surveys planned for Viken and Alum Shale properties, with assay and fieldwork results expected throughout 2026.