- X-Terra (XTT) has completed its trenching program at its Grog and Northwest properties in New Brunswick
- The team identified new quartz and quartz-carbonate vein networks in 22 of 46 trenches associated with shear zones and faults located close to fold hinges
- The company expects results from Actlabs in Sainte-Germaine-Boulé in four to six weeks, which it will analyze toward a potential winter drill program
- CEO Michael Ferreira spoke with Caroline Egan about the details behind the program
- X-Terra is a resource company focused on acquiring and exploring precious metals properties in Canada
- X-Terra (XTT) is unchanged trading at $0.04 per share
X-Terra (XTT) has completed its trenching program at its Grog and Northwest properties in New Brunswick.
It completed 46 trenches, collecting over 420 rock samples over 1.65 km covering seven targets based on a 2018-2019 till sampling program.
The team identified new quartz and quartz-carbonate vein networks in 22 of 46 trenches associated with shear zones and faults located close to fold hinges.
A soil survey (B horizon) covered additional targets on the property, including the Grog epithermal system, collecting 977 samples, plus 53 blanks and 53 duplicates, for a total of 1,082.
The company expects results from Actlabs in Sainte-Germaine-Boulé in four to six weeks, which it will analyze toward a potential winter drill program.
Northwest system
The Northwest property is known to host isolated high-grade gold-bearing quartz veins previously identified and sampled.
- Approximately 1 km of trenching spread out over 25 unique trenches covered four targets distributed inside a 20 square km area
- Quartz and quartz-carbonate vein networks were identified in 11 of the 25 trenches
McKenzie Gulch Fault area
A 2019 regional till survey revealed arsenic-antimony anomalies with local gold enrichment correlated with known north-south regional faults related to the fault system.
- 650 m of trenching spread out over 21 trenches covered three targets 2.8 km apart
- Quartz veining systems were identified in 12 of the 21 trenches, including two major vein systems cut over lengths of 20 and 30 m
- The team identified chalcopyrite and sphalerite clots in quartz veins of trench TR-21-41A, as well as finely disseminated pyrite in trenches TR-21-29 and TR-21-30
CEO Michael Ferreira spoke with Caroline Egan about the details behind the program.
X-Terra is a resource company focused on acquiring and exploring precious metals properties in Canada.
X-Terra (XTT) is unchanged trading at $0.04 per share as of 1:42 pm ET.