X-Terra Resources Inc. is pleased to announce that it has held a first closing of a non-brokered private placement at which it issued 6,451,613 units at a price of $0.155 per unit, for aggregate gross proceeds to X-Terra of $1,000,000. Each of the 6,451,613 units is comprised of one federal "flow-through" common share and one-half of a common share purchase warrant. Each whole warrant entitles its holder to acquire one [...]
X-Terra Resources Inc. is pleased to announce it has received metallurgical and drill results from its Rim vein target, located near Saint Quentin, Restigouche County, New Brunswick. The inaugural drill program over this target has successfully identified a 9.5-metre cluster or stockwork of gold bearing veins at 50 metres under the RIM surface vein showing. In addition, the bench scale bulk sample and metallurgical [...]
X-Terra Resources Inc. will be hosting a conference call on Monday, November 2, 2020 at 1:00 p.m. with President and Chief Executive Officer Michael Ferreira, in order to provide an update on its mineral properties and the ongoing exploration programs. Conference call information: Bell Conference: 1-855-453-6961 or 1-514-736-8049 No. 1740032 An audio webcast will be accessible via the investors section of the X-Terra [...]
In the news release, X-Terra Resources begins launches MMI, humus and till sampling at Troilus East, issued 15-Oct-2020 by X-Terra Resources Inc. over CNW, we are advised by the company that in the headline, it should read "X-Terra Resources begins MMI, humus" rather than "X-Terra Resources begins launches MMI, humus" as originally issued inadvertently. Some minor changes were also made throught the release. The complete [...]
X-Terra Resources Inc. is pleased to announced it has commenced a strategic MMI, humus and till sampling program over its 100% owned, 92 square kilometre Troilus East property located on the Frotet Evans greenstone belt, located approximately 130 kilometres north of the town of Chibougamau, Québec. The program will cover unique grids, including the new mineralized system discovered this past summer, , with the goal of [...]
X-Terra Resources Inc. further to its news release dated September 28, 2020, has officially started drilling the Rim vein target on the Northwest property and the Grog target on the Grog property using two drills. The additional data obtained from the ground IP geophysics as well as the geochemical sampling has strongly contributed to the final planning of this drill program. The drill section planned over the Rim vein [...]
X-Terra Resources Inc. is pleased to announce its exploration team has been mobilized to the Grog and Northwest properties, located in Restigouche County, New Brunswick to prepare the drill collar locations for the arrival of the drilling contractor. A fully funded 3,000 metre diamond drill program will be carried out over two principal targets, the Grog Target and the Rim Target. A drilling contract has been awarded to [...]
X-Terra Resources Inc. is pleased to announce the results of its annual meeting of shareholders held on September 21, 2020 in Rouyn-Noranda, Québec. At the meeting, shareholders elected Michael Ferreira, Sylvain Champagne, Jean-François Madore, Sébastien Bellefleur, Michael Byron and Kim Oishi as members of the Board of Directors of X-Terra. The shareholders also re-appointed PricewaterhouseCoopers LLP, Chartered [...]
X-Terra Resources Inc. is pleased to announce the results of its geochemical sampling program along with the additional IP ground geophysics. These programs were designed to further validate targets for the second drill program at the Grog epithermal system and to evaluate the first ever drilling over the high-grade Rim vein target at Northwest . Highlights X-Terra has increased the size of the original drill program to a [...]
X-Terra Resources Inc. is pleased to announce the identification of a new mineralized system close to the Troilus Mine, in Northern Québec, from its first ever prospecting campaign on the property. The newly identified "Smoke" showing is located in the southwest portion of the property three kilometres directly south east of the former Troilus open pit. The new system identified covers a strike length of approximately 2.2 [...]
X-Terra Resources Inc. is pleased to announce that it has completed a soil sampling program over the Grog target, on the Grog property located in Restigouche county, New Brunswick. Following the interpretation of field data, including the first phase of drill testing, a detailed ground IP geophysics survey will be commencing this week with the goal of further validating targets for a drill program planned for later in [...]
X-Terra Resources Inc. is pleased to announce the closing of a strategic non-brokered private placement in which it issued 7,000,000 units at a price of $0.10 per unit, for gross proceeds to X-Terra of $700,000. Each of the 7,000,000 units comprises of one common share and one common share purchase warrant. Each warrant entitles its holder to acquire one additional common share of X-Terra at a price of $0.15 until August [...]
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