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X-Terra Resources Inc.
Summary
| Project: | Northwest | |
|---|---|---|
| Deposit: | Northwest | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/18/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-2-2020: X-Terra Resources Inc. announces an Exploration/Drilling Update report for its Northwest deposit at the Northwest project. Drilling results incl. 0.50m @ 6.93g/t Au from 34m. ROUYN-NORANDA, QC, Feb. 18, 2020 /CNW Telbec/ - X-Terra Resources Inc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jeannot Theberge (Not stated) | |
| ABSTRACT: | ROUYN-NORANDA, QC, Feb. 18, 2020 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce that its first two holes at the Northwest property, located in Restigouche county, New Brunswick, have returned gold values. The targets were designed to test a new hypothesis and not any existing high-grade showings previously discovered over the property, such as the Rim, Dome or the Bonanza showing (See XTerra Resources' press release dated December 5, 2018 for historical results). Target trench 26 hosted in greenshist sediments, highlighted gold values up to 4.5 g/t Au in trench (See X-Terra Resources' press release dated November 27, 2019) where the host structure highlighted a N-NE strongly dipping shear zone along a folded contact. The numerous anomalous results in gold, including 6.93 g/t Au over 0.5 metre in NWST-20-003 and 1.2 g/t Au over 1 metre in NWST-20-002 prove that the system is gold bearing. The two holes are located on the same east-west section, and gold bearing veins were intercepted respectively at 32 metres and 34 metres depth following a 55-degree dip | |
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