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X-Terra Resources Initial Drilling at Northwest Hits Gold
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 North
About this update from Comet Lithium Corp
[{"type":"text","content":" 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 X-Terra 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 Actual interpretation indicates possibly that the newly found mineralization is hosted in a distinct north to north-east shear zone located outside the actual till survey coverage and at 2.2 and 3.2 km from existing gold showing (see map below). RESULTS The 1.2 g/t Au over 1 metre result obtained in NWST-20-002 from 32 metres to 33 metres was located within the 22 metre stockwork of veins up to 15% quartz carbonate with traces of pyrrhotite and chalcopyrite along with strong chlorite alteration. The 6.93 g/t Au over 0.5 metre obtained in NWST-20-003 from 34 to 34.5 metres was located within a 15.5 metre stockwork of veins with quartz carbonate including traces of pyrrhotite and chalcopyrite. The table below highlights the details DDH From: To: Au (g/t) Length NWST-002 12.50 13.80 0.19 1.30 23.00 24.50 0.10 1.50 32 33 1.21 1.00 NWST-003 20.00 21.10 0.35 1.10 32.90 34.00 0.25 1.10 34.00 34.50 6.93 0.50 Michael Ferreira, President and Chief Executive Officer of X-Terra Resources states, \"hitting gold values in these first holes is big step and really encouraging considering that the initial gold discovery was generated by a fortuitous roadside prospecting. The extension of the till survey toward th...