Morning Briefing: The Viken Deposit Becomes 2nd Largest Uranium Deposit in the World
Apr 29, 2025
The Viken Energy Metals Deposit in Sweden has emerged as the world's second-largest uranium deposit, shaking up the mining sector. District Metals unveiled impressive mineral resource estimates, while Sierra Madre Gold and Silver is back in action with mining at the Coloso mine. Notable drilling results are rolling in from Meridian Mining and AbraSilver, highlighting the discovery of high-grade gold zones. The podcast delves into the latest trends and updates, offering insights into investment opportunities in the vibrant mining landscape.
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Viken Deposit's Global Ranking
The Viken Energy Metals Deposit in Sweden is now the second largest uranium deposit in the world.
It contains significant amounts of other metals like vanadium, molybdenum, copper, nickel, zinc, and rare earths.
volunteer_activism ADVICE
Watch Sweden's Uranium Mining Decision
District Metals will decide on progressing with a preliminary economic assessment in Q4.
This decision depends on Sweden's government's proposal to lift the ban on uranium mining.
insights INSIGHT
Meridian Mining's High-Grade Gold Vein
Meridian Mining drilled a very high-grade gold vein with 276 g/t gold over 0.5 meters.
The results show potential extensions and shallow mineralization above mined voids needing further drilling.
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District Metals published its NI 43-101 Inferred and indicated mineral resource estimate for the Viken Energy Metals Deposit in Sweden. Sierra Madre Gold and Silver have commenced underground mining at the Coloso mine. New drill results from Meridian Mining, AbraSilver and Melkior Resources.
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Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.https://www.calibremining.com/
Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com