Connect with us

Today’s News

Max Resource Receives First Mining Concession Contract for its CESAR Project in North Eastern Colombia

Vancouver, British Columbia–(Newsfile Corp. – November 17, 2021) – MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is…

Published

on

Vancouver, British Columbia–(Newsfile Corp. – November 17, 2021) – MAX RESOURCE CORP. (TSXV: MXR) (OTC Pink: MXROF) (FSE: M1D2) (“Max” or the “Company”) is pleased to report that it has received its first Mining Concession Contract for the URU zone, located along the CESAR North 90-kilometre-long copper-silver belt, within the wholly-owned CESAR copper-silver project in North Eastern Colombia (refer to Figures 1 to 5).

“Receipt of this initial Mining Concession Contract is a key step in obtaining drill permits and developing a plan for the very first drilling program on the URU copper-silver zone,” commented Max CEO, Brett Matich.

“The Max technical team is now working in the field to identify drill targets over the approved Mining Concession Contract and continue to expand the 48-km² URU zone, located along the southern portion of the 90-kilometre-long CESAR North copper-silver belt,” he concluded.

The Colombian Mining Concession Contract process includes, amongst other requirements, a detailed Social Management Plan, followed by a public hearing with the local community. The public hearing for the Mining Concession Contract (501537) took place on September 2, 2021, followed by the issue of the Contract. Mining Concession Contracts have an initial term of 30-years and include an extension for a further 30-years for a total duration of 60-years.

Today at 3pm EST at the Colombian Gold Symposium (CGS2021) in Medellin, Max’s technical consultant, Dr. Christian Grainger will present the CESAR copper-silver project; this presentation can be viewed by live stream. The CGS2021 Conference is a leading, in-person regional event focused on gold and copper exploration and development, as the world transitions to clean electrification and decarbonisation.

For live stream viewing of the CGS2021 visit: https://cgs2021.substack.com/

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_002.jpg

Figure 1. First new Mining Concession Contract

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_002full.jpg

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_003.jpg

Figure 2.
 URU 48-km² copper-silver zone

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_003full.jpg 

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_004.jpg

Figure 3. 
CESAR copper-silver project location

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_004full.jpg Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_005.jpg

Figure 4.
 URU zone location

To view an enhanced version of Figure 4, please visit:
https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_005full.jpg

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_006.jpg

Figure 5. 
Colombian Mining Concession Contract

To view an enhanced version of Figure 5, please visit:
https://orders.newsfilecorp.com/files/3834/103937_2d8d48493425aaee_006full.jpg 

Max interprets the sediment-hosted stratiform copper-silver mineralization in the Cesar basin to be analogous to both the Central African Copper Belt (CACB) and the Kupferschiefer deposits in Poland. Almost 50% of the copper known to exist in sediment-hosted deposits is contained in the CACB, including Ivanhoe Mines Ltd (TSX: IVN) 95-billion-pound Kamoa-Kakula discovery in the Congo.

Kupferschiefer, the world’s largest silver producer and Europe’s largest copper source, is a mining orebody ranging from 0.5 to 5.5m thick at depths of 500m, grading 1.49% copper and 48.6 g/t silver. The silver yield is almost twice the production of the world’s second largest silver mine.

Source: Central African Belt Descriptive models, grade-tonnage relations, and databases for the assessment of sediment-hosted copper deposits with emphasis on deposits in the Central Africa Copperbelt, Democratic Republic of the Congo and Zambia by USGS 2010. Kamoa-Kakula by OreWin March 2020. World Silver Survey 2020 and Kupferschiefer Deposits & Prospects in SW Poland, September 27, 2019. Max cautions investors that the presence of copper mineralization of the Central African Copper Belt and the Polish Kupferschiefer are not necessarily indicative of similar mineralization at CESAR.

QUALIFIED PERSON

The Company’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Tim Henneberry, P Geo (British Columbia), a member of the Max Resource Advisory Board, who serves as a qualified person (QP) under the definition of National Instrument 43:101.

CESAR COPPER-SILVER PROJECT IN COLOMBIA – OVERVIEW

CESAR lies along the copper-silver rich 180-kilometre-long Cesar basin in northeastern Colombia. This region enjoys major infrastructure resulting from oil & gas and mining operations, including Cerrejon, the largest coal mine in Latin America, now held by global miner Glencore (refer to Figures 3 and 4).

CESAR North 90-kilometre-long-copper-silver belt:

  • In 2020, Max discovered both the copper-silver rich AMS (previously named AM South) zone and the AMN (previously named AM North) zone 40-km north, collectively spanning over 45-km². Highlight values of 34.4% copper and 305 g/t silver. Intervals range from 0.5 to 25.0m.
  • In March 2021, Max’s announced the CONEJO discovery, now spanning 3.7-km of strike and open in all directions. To date, 13 rock samples returned values greater than 8.0% copper; 53 returned values greater than 5.0% copper; 93 returned values 2.0% copper and above; 36 returned values greater than 20 g/t silver. Widths range from 0.5 to 20.0m. Highlight values of 12.5 % copper and 126 g/t silver (November 3, 2021 NR):
    • 12.5% copper + 84 g/t silver over 5.0m by 5.0m
    • 10.5% copper + 50 g/t silver over 3.0m by 2.0 m
    • 10.4% copper + 95 g/t silver over 5.0m by 5.0m
    • 10.2% copper + 62 g/t silver over 5.0m by 5.0m
    • 10.0% copper + 80 g/t silver over 5.0m by 5.0m
    • 9.9% copper and 50 g/t silver over widths of 2.0m
    • 9.3% copper and 126 g/t silver over widths of 2.0m
    • The 2021 URU discovery is located 30-km south of CONEJO, now spans over 48-km² and open in all directions. URU appears to have major-scale potential; Highlight values of 14.8% copper and 132 g/t silver. Widths range from 1.0 to 10.0m (October 7, 2021 NR):
    • 14.8% copper and 132 g/t silver outcrop over 1.5m x 0.8m
    • 6.5% copper and 6 g/t silver outcrop over widths of 1.0m
    • 5.6% copper and 87 g/t silver outcrop over 1.0m by 1.0m
    • 4.3% copper and 8 g/t silver outcrop over widths of 10.0m
    • 3.9% copper and 7 g/t silver outcrop over widths of 10.0m
    • 3.6% copper and 12 g/t silver outcrop over widths of 10.0m
    • 3.0% copper and 6 g/t silver outcrop over widths of 10.0m
    • 3.0% copper and 37 g/t silver outcrop over widths of 10.0m
    • First Mining Concession Contract (November 24, 2021 NR)
  • The new SP target reconnaissance composite grab sampling over a 25.0m outcrop averaging 4.8% copper and 51 g/t silver is considered significant (September 7, 2021 NR)
  • NEXT STEPS: Regional exploration along the 90-kilometre-long CESAR North copper-silver belt. In addition, the Max technical team are now working in the field to identify drill targets over the approved Mining Concession Contract and continue to expand the 48-km² URU zone

ABOUT MAX RESOURCE CORP.

Max Resource Corp. is a copper and precious metals exploration company, engaged in advancing both the newly discovered district-scale CESAR copper-silver project (100% owned) in Colombia and the newly acquired RT Gold project (100% earn-in) in Peru. Both projects have potential for the discovery of large-scale mineral deposits; both stratiform-type copper-silver in Colombia and high-grade gold porphyry and massive sulfide in Peru.

Max Resource was awarded a Top 10 Ranked Company in the Mining Sector on the TSX Venture 50™ for 2021, achieving a market cap increase of 1,992% and a share price increase of 282% in 2020.

For more information visit: https://www.maxresource.com/
For more information visit: www.tsx.com/venture50
TSX Venture 50™ for 2021 video: MAX Resource Corp. (TSXV: MXR) – 2021 TSX Venture 50 – YouTube

For additional information contact:

Max Resource Corp.
Tim McNulty
E: [email protected]
T: (604) 290-8100

*The Venture 50 ranking is provided by TSX Venture Exchange Inc. (“TSXV”) for information purposes only. Neither TMX Group Limited nor any of its affiliated companies guarantees the completeness of this information and are not responsible for any errors or omissions in or any use of, or reliance on, this information. The Venture 50 program is not an invitation to purchase securities listed on TSX Venture Exchange. TSXV and its affiliates do not endorse or recommend any of the referenced securities or issuers, and this information should not be construed as providing any trading, legal, accounting, tax, investment, business, financial or other advice and should not be relied on for such purposes”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Except for statements of historic fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. There are no assurances that the commercialization plans for Max Resources Corp. described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are available at www.sedar.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103937










Author: Author

Today’s News

Benton Advised that Clean Air Metals Announces a PEA of the Current and Escape PGE-Cu-Ni Deposits of the Thunder Bay North Project, with Post-Tax NPV(5) of C$378m, IRR 29.8%

Thunder Bay, Ontario–(Newsfile Corp. – December 1, 2021) – Benton Resources Inc. (TSXV: BEX) ("Benton") is pleased to announce it has been advised that…

Thunder Bay, Ontario–(Newsfile Corp. – December 1, 2021) – Benton Resources Inc. (TSXV: BEX) (“Benton”) is pleased to announce it has been advised that Clean Air Metals Inc. (“Clean Air”) has announced results from an independent Preliminary Economic Assessment (PEA) that was completed for its Thunder Bay North Platinum Group Element (PGE) – Copper (Cu) – Nickel (Ni) Project near Thunder Bay, Ontario, Canada. The PEA was prepared by Nordmin Engineering Ltd. (“Nordmin”) of Thunder Bay, Ontario, and includes provision for a stand-alone milling complex and waste storage facility to process mill feed from both the Current deposit and the Escape deposit, part of the Thunder Bay North Project Mineral Resource Estimate.

PEA highlights include:

  • The Project has a pre-tax net present value (NPV) of $425.0 million, and after-tax NPV of $378.4 million, at a 5% discount rate.
  • The pre-tax internal rate of return (IRR) is 31.1%, and the after-tax IRR is 29.8%.
  • The capital payback is 2.4 years from start of production.
  • Revenue’s average $239.8 million per year from sale of PGE and Copper mineral concentrates.
  • Total mined metal production over a 10-year mine life based on the present resource base is expected to be 629 k oz Platinum, 618 k oz Palladium, 111 M pounds Copper, 57 M pounds Nickel, 38 k oz Gold, 850 k oz Silver, or 2,886 k oz PtEq.
  • 65.2% of total mineral production occurs in the first 5 years.
  • Operating margin of 59% in the first 5 years and Life-of-Mine Operating margin of 53%.
  • The Project is located in close proximity to key infrastructure near the City of Thunder Bay, Canada.
  • Base case economics were calculated using a 2-yr trailing average metal price deck.

Readers are advised that Clean Air has not made a production decision at the Thunder Bay North Project and there is no guarantee that a production decision will be made or that the production rates at the Thunder Bay North Project will be achieved. There are currently no Mineral Reserves for the Thunder Bay North Project. The information reported in the PEA for the Project is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. Inferred Mineral Resources are based on limited geological evidence and sampling. The tonnage and grade of Inferred Mineral Resources have significant uncertainty as to their existence and as to whether they can be mined economically. There is no certainty that results for the PEA for the Project will be finally realized.

Readers are encouraged to view the announcement in its entirety at:

https://www.cleanairmetals.ca/news-media/news-releases/clean-air-metals-announces-a-pea-of-the-current-an-122539/

Executive Chair of Clean Air Jim Gallagher, P.Eng. stated: “The initial PEA for the Thunder Bay North Project brings together two previously independent deposits into one mining plan which is relatively low risk, low capital, quick to production and generates robust financial metrics. Given the significant potential upside with continued exploration drilling along the known conduits and with the already identified massive sulphide targets we believe that this PEA is a minimum base case that Clean Air Metals will continue to attempt to de-risk towards prefeasibility.”

CEO of Clean Air Abraham Drost, P.Geo., stated that “the PEA sets a mine plan that allows the Company to move forward with several de-risking objectives. These include:

  • converting mine plan-impacted unpatented mining claims to mining leases;
  • engaging with regulators toward early commencement of the mine permitting process;
  • continuation of the environmental impact studies (EIS) led by Englobe/DST Engineering;
  • commencement of prefeasibility technical studies including optimization and tradeoffs around mining, metallurgy and mill design; and
  • negotiation of Impact and Benefit agreements with affected First Nations and Métis.”

Stephen Stares, President and CEO of Benton stated: “Within a very efficient time frame, the Clean Air team has systematically advanced these deposits into a very exciting and prospective production scenario. Benton couldn’t be more pleased with their progress to date and anticipates more positive developments ahead as they continue to de-risk the project and demonstrate its robust economics. As a significant shareholder of Clean Air and underlying royalty holder, we feel this equity stake offers our shareholders significant value through Benton’s exposure to a quality development opportunity that is being advanced by a first-class team of mining industry professionals. We wish them success on the road ahead.”

Benton continues to hold approximately 24.6 million shares in Clean Air Metals Inc. In addition, Benton retains a 0.5% net smelter return royalty from production on the Escape Lake portion of the project and a 0.5% net smelter return royalty from production on any mineral claims comprising the original Thunder Bay North portion of the project on which a net smelter royalty has not previously been granted.

On behalf of the Board of Directors of Benton Resources Inc.,

“Stephen Stares”
Stephen Stares, President

About Benton Resources Inc.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly-prospective property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored.

For further information, please contact:

CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x 251
Email: [email protected]

Benton Resources Inc.
Stephen Stares, President & CEO
Phone: 807-475-7474
Email: [email protected]

Website: www.bentonresources.ca
Twitter: @BentonResources
Facebook: @BentonResourcesBEX
LinkedIn: @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains “forward-looking statements” within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be “forward-looking statements.”

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company’s prospects, properties and business detailed elsewhere in the Company’s disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company’s expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106114







Author: Author

Continue Reading

Today’s News

Arbor Metals to Expand Strategic Lithium Claims in Nevada, USA

Vancouver, Canada – TheNewswire – November 30th, 2021 – Arbor Metals Corp. (the “Company”) (TSXV:ABR) (FWB:432) announces that after an encouraging…

Vancouver, Canada – TheNewswire – November 30th, 2021 Arbor Metals Corp. (the “Company”) (TSXV:ABR) (FWB:432) announces that after an encouraging technical and geological review of its Miller’s Crossing Lithium project and surrounding area, the Company has engaged the services of Advanced Surveying and Professional Services (ASPS) to complete the technical review and acquisition process to expand the Company’s lithium project in the Big Smokey Valley.  This will expand the Company’s focus to include clay hosted lithium prospects on trend with American Lithium’s TLC project.  With the recent success American Lithium has seen with the development of the TLC project, combined with the advancement made in clay hosted lithium recovery processes, the Company believes the area is well poised to develop lithium production.  ASPS has over 35 years’ experience in surveying and discovering various mineral deposits in the State of Nevada.  The Company looks forward to working with ASPS in completing the expansion and commencing the initial work on the project.  The Company expects to be able to complete the expansion in the next couple of weeks.

The Company’s expanded focus into lithium is an integral part of its exploration strategy.  Management is continuously evaluating opportunities around the world where there is the potential for a significant deposit that meets the Company’s criteria.

Readers are cautioned that the Company has not yet finalized the terms for the expansion of the lithium project, and there can be no guarantee that a transaction will ultimately proceed.  Completion of any transaction will be subject to customary closing conditions, which may include regulatory approval.  The Company will provide further information regarding the project expansion once terms have been finalized.

For further information, contact Mark Ferguson, Chief Executive Officer, at [email protected], or visit the Company’s website at www.arbormetalscorp.com.

 

On behalf of the Board,

Arbor Metals Corp.

Mark Ferguson, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.  When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information.  These forward-looking statements or information may relate to the potential acquisition of a prospective lithium project, and other factors or information.  Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

Copyright (c) 2021 TheNewswire – All rights reserved.




Author: Author

Continue Reading

Today’s News

Xander Resources Announces Appointment of Adrian Smith as a Director and Sale of Senneville Claims

Vancouver, British Columbia – TheNewswire – December 1, 2021 – Xander Resources Inc. (“Xander” or the “Company”) (TSXV:XND) (OTC:XNDRF) (FSX:1XI)…

Vancouver, British Columbia – TheNewswire – December 1, 2021 – Xander Resources Inc. (“Xander” or the “Company”) (TSXV:XND) (OTC:XNDRF) (FSX:1XI) is pleased to announce the appointment of Adrian Smith as a director of the Company, effective immediately.

Mr. Smith is currently the CEO of ArcPacific Resources Corp. and President, director of M3 Metals Corp., director of Go Metals Corp. and a director of Usha Resources Ltd. Mr. Smith is a professional geologist with over a decade of experience in the capital markets and mineral exploration and development sector. He has successfully executed multiple exploration programs and corporate strategies, including the acquisition, development and optioning of the Mohave Gold project in Arizona, USA during his time as CEO of M3 Metals Corp. 

The Company also announces the resignation of Marsha Panar as a director of the Company.  The Company wishes to thank Ms. Panar for her contributions to the Company and wishes her the best in her future endeavors.

Deepak Varshney, P.Geo., President and CEO of the Company, commented, “We are thrilled to welcome Adrian to our board as an independent director. He brings a wealth of knowledge with extensive mining industry and capital markets experience. We believe his skill set complements those of our existing board members and that he will be a tremendous resource for Xander as we continue to execute on our strategy, drive growth and build long-term shareholder value for the Company.”

Property Transaction

The Company also announces that, further to its news release of August 20, 2021, it has entered into a mineral property purchase and sale agreement (the “Agreement”) with QL Minerals Inc., of Toronto, Ontario (the “Purchaser”) whereby the Company has agreed to sell to Purchaser 100% of its rights title and interest of 39 claims located in the township of Senneville, Quebec, Canada (the “Property”).

The Purchaser plans on listing its common shares for trading on a Canadian stock exchange in the coming months and, to this effect, following execution of the Agreement, has signed a separate agreement with PetroCorp Group Inc. as part of its go-public transaction.

As consideration for the purchase of the Property, the Purchaser has agreed to issue the Company 400,000 common shares in the capital of the Purchaser (the “Consideration Shares”) at a deemed price of $0.25 per Consideration Share for aggregate consideration of $100,000.

Deepak Varshney, P.Geo., President and CEO of the Company, commented: “Xander is looking forward to working with the team at QL Minerals, which we expect will have a very exciting value proposition for investors. Xander’s share position in QL Minerals gives our shareholders the opportunity to benefit substantially from the expected growth and success of this new battery metals company. Following completion of this sale, we still own 171 claims as part of our Senneville Project where we will be moving forward with a gold-focused exploration program, particularly in the east adjacent to Monarch Mining’s claims and the McKenzie Break deposit.”

 

About Xander Resources Inc.

Xander Resources Inc. is a Canadian mineral acquisition and exploration company based in Vancouver, BC, Canada focused on developing accretive gold and battery metal properties within Canada. The company currently has a focus on projects located within the Provinces of Ontario and Quebec.

Xander is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in Val-d’Or, Quebec, including the Senneville Claim Group which comprises over 100 sq. km and is contiguous in the south to Probe Metals’ new discovery, and contiguous in the north to Monarch Mining, in close proximity to Eldorado Gold’s (formerly QMX Gold) projects, and east of the North American Lithium Deposit, Great Thunder Gold‘s Chubb Lithium property and East of the Sayona Quebec’s Authier Lithium Deposit, all in the Val-d’Or Mining Camp, plus its newly acquired nickel-sulphide project in Timmins, Ontario near Canada Nickel’s MacDiarmid and Crawford Projects.

ON BEHALF OF THE BOARD OF DIRECTORS

Deepak Varshney, P.Geo., President and CEO

For more information, please phone Dan Samartino, Investor Relations, at 778-962-0234, email [email protected], or visit www.xanderresources.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2021 TheNewswire – All rights reserved.






go metals corp

Author: Author

Continue Reading

Trending