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X-Terra Resources (TSXV:XTT) diversifies into Lithium exploration

Mining, Sponsored, The Watchlist
TSXV:XTT
03 June 2022 12:00 (EDT)

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X-Terra Resources (XTT) has acquired three claim blocks totalling over 10,000 hectares, known as the Triple Lithium Project.

The project is located in the James Bay region of Quebec.

X-Terra plans to use a combination of remote sensing, geological mapping and geochemistry to identify drill targets for the next phase of exploration on this project..

Michael Ferreira, President and Chief Executive Officer of X-Terra sat down with Coreena Robertson to discuss the news. 

“The lithium market as well as the global electrification movement is something we can’t ignore. By applying our exploration acumen, diversifying our property portfolio and expanding into the lithium exploration space, we will provide additional opportunities for our shareholders. We believe James Bay continues to demonstrate excellent potential for discovery of new spodumene bearing pegmatites, most recently with Patriot Battery Metals new major lithium discovery. We have already begun to outline new, favourable lithium targets in James Bay, Quebec.”

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

X-Terra Resources Inc. (XTT) opened trading at $0.045 per share.

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