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X-Terra Resources Inc.
Summary
| Project: | Grog | |
|---|---|---|
| Deposit: | Grog | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/5/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-5-2020: X-Terra Resources Inc. announces an Exploration/Drilling Update report for its Grog deposit at the Grog project. Drilling results incl. 36m @ 0.41g/t Au from 107m. ROUYN-NORANDA, QC, May 5, 2020 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jeannot Theberge (Internal) | |
| ABSTRACT: | ROUYN-NORANDA, QC, May 5, 2020 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) ("X-Terra") is pleased to announce it has drilled a new gold bearing structure at the Grog target on the Grog Property located in Restigouche county, New Brunswick. The mineralization style continues to highlight strong characteristics of an epithermal system. Hole GRG-20-012 identified gold ("Au") mineralization over a significant width with one interval of 0.41 g/t Au over 36 metres along the hole, which includes 0.46 g/t Au over 31 metres and includes 7.59 g/t Au over 0.6 metres located at a vertical depth of 81 metres under the Grog showing. Michael Ferreira, President and Chief Executive Officer of X-Terra states, "This is a significant exploration breakthrough on a property that's never been drilled and reinforces our expectations that a large epithermal system is present. While more in-depth geological work, which includes drilling is needed, X-Terra's management believes that the 11 holes (1,499 metres drilled) only covered a very small fraction of the targeted environment. | |
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