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X-Terra Resources (TSXV:XTT) provides update on the Grog project

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TSXV:XTT
29 March 2022 11:45 (EDT)

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X-Terra Resources (XTT) has provided an update on the recent geochemical sampling program carried out on the Grog project.

The Grog project is part of a regional position held by X‑Terra along the McKenzie Fault in Restigouche County, New Brunswick.

X-Terra covered the Grog area with approximately 8.9 line kilometres of “B horizon” sampling, representing a total of 264 samples. The survey was designed to evaluate the east-west and northeast suspected structural controls.

Six remarkable gold–antimony–arsenic targets were identified in the Grog area.

Michael Ferreira, President and Chief Executive Officer of X-Terra sat down with Shoran Devi to discuss the findings. 

“These new targets, continue to prove to us that we are situated within a major hydrothermal system that continues to grow. At Grog, the learning curve to understand where we lie in the epithermal system has been long and challenging. But, considering that there is no other example of this type of mineralization in the area and the particularly complex Appalachian geological framework, a step back and persistence had to be employed. The objective going forward is to refine each of the targets so that we can drill them with a high hit and success ratio.”

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

X-Terra Resources Inc. (XTT) opened trading at $0.035 per share.

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