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X-Terra Resources Discovers two New Gold Showings on the Veronneau property

X-Terra Resources Discovers two New Gold Showings on the Veronneau property Canada...

articleComet Lithium CorpSeptember 6, 20174/company/comet-lithium-corporation/news/x-terra-resources-discovers-two-new-gold-showings-on-the-veronneau-property
X-Terra Resources Discovers two New Gold Showings on the Veronneau property

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[{"type":"text","content":"\n\n\n\nX-Terra Resources Discovers two New Gold Showings on the Veronneau property\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nROUYN-NORANDA, QC, Sept. 6, 2017\n\n\n\nROUYN-NORANDA, QC, Sept. 6, 2017 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce it has completed the first phase of its 2017 exploration program on the Veronneau property, which focused on geological and alteration mapping and widespread exploration.  \n\nThroughout the first phase of exploration, X-Terra Resources has made the stripping and detailed mapping of the Veronneau showing that led to the discovery of a new surface gold occurrence in a totally new area while also expanding the Veronneau discovery channel to 4.24 g/t Au over 6 metres.\n\nParallel to these works, the first exploration phase allowed the teams to cover around 65 percent of the Veronneau property while also gaining a deep understanding of its geological setting. The detailed mapping of the Veronneau showing reveal that the gold mineralization is highly affected by a strong North-East deformation corridor ''This corridor is post gold mineralisation and the showing itself is truncated. Outcrops are rare in the vicinity of the deformation corridor but exploration along it led to a gold discovery with the same geochemical signature (Veronneau)\" stated Michel Chapdelaine, Vice-President Exploration and development of X-Terra Resources. The showing is located 6.7 km to the North-East of Veronneau and will be expanded upon throughout the second phase of exploration expected to begin in early September 2017. A grab sample from the outcrop returned 1.2 g/t Au. The mineralization consists of approximately 1% disseminated pyrite/arsenopyrite in a slightly foliated mafic rock with 10-15% silica flooding.\n\nA second discovery was made 5.5 kilometres South-West of the Marcaut area and only 1.48 kilometres from the new showing mentioned above. A grab sample from outcrop returned 0.70 g/t Au, 6.2 g/t Ag and 0.1% Cu. The mineralization consists of semi massive pyrite an...

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