Source: X-Terra Resources Inc.
  • X-Terra (XTT) has completed its reconnaissance program over its Galli and Liberty Lithium projects
  • The program identified and highlighted the environment of the properties in James Bay, Québec
  • X-Terra is moving forward with a follow-up program, which will see a helicopter-borne magnetic survey and a lidar survey
  • X-Terra (XTT) is unchanged, trading at $0.05 per share

X-Terra (XTT) has completed its reconnaissance program over its Galli and Liberty Lithium projects.

The program identified and highlighted the environment of the properties in James Bay, Québec.

The team completed some reconnaissance via helicopter at low altitude following a predetermined flight plan to systematically cover both the Galli and Liberty properties. Some geological features were observed where conditions were allowed.

The teams’ focus was on the Liberty property, given its on-strike and proximity to the Winsome Resources Adina project, which is currently undergoing a diamond drill program. Sporadic field verifications were completed that followed the continuity of the Adina structural corridor, which extends onto the Liberty property. One outcrop hosted local granite-bearing pegmatite with biotite and muscovite assemblage.

The company’s CEO, Michael Ferreira, commented that the program provided useful and positive information at such an early stage despite the adverse weather conditions.

“It will be essential in guiding us through the next phases of exploration for the Liberty property.”

X-Terra is moving forward with a follow-up program which will see a helicopter-borne magnetic survey and a lidar survey. This next step will serve to define the limits of the favourable granitic and pegmatite corridor.

X-Terra is a resource company focused on acquiring and exploring precious metals properties in Canada.

X-Terra (XTT) is unchanged, trading at $0.05 per share.


More From The Market Online
stock market down

@ the Bell: Industrials weakness snaps TSX win streak

Industrials led decliners, followed by financials, to snap the TSX’s five-day win streak while energy, utilities and mining provided gains.

Theralase advances cancer research after private placement

Theralase Technologies (TSXV:TLT) closes a non-brokered private placement offering of 4.1 million shares for gross proceeds of C$750,200.