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X-Terra Resources Pleased with New Brunswick's Government Decision to Place All Mineral Claims Under Protection
ROUYN-NORANDA, QC, April 3, 2020 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased with the decision that the New Brunswick governme
About this update from Comet Lithium Corp
[{"type":"text","content":" ROUYN-NORANDA, QC, April 3, 2020 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased with the decision that the New Brunswick government has decided to place, effective immediately, all mineral claims under protection status, to ensure continuity of mineral claims during this time of extreme uncertainty. Michael Ferreira, President and Chief Executive Officer of X-Terra Resources states, \"This is a bold step and demonstrates the outstanding leadership and support the government has taken to ensure stability for individuals and companies like X-Terra Resources, that have been working and will continue exploring in the province, once the Covid-19 pandemic situation begins to improve\". All detailed information regarding the protection status can be found at the following link, under notice: (http://nbeclaims.gnb.ca/nbeclaims/page/login/login.jsf?syncToken=ee35c55e731543afe1548fb19bd64f59) In other news, X-Terra Resources has received the results from the first two holes of 13 holes drilled over the Grog property. Anomalous gold and silver results including one value of 15.7 g/t Ag and 0.19 g/t Au over 1 metre were obtained from the first two targets. Results from the 11 remaining holes have yet to be received. The delay in results is due to lab closure resulting from the ongoing COVID-19 pandemic and X-Terra Resources hopes to receive them as soon as the lab returns to normal operations. Meanwhile, results received to date provide a series of insights on how to refine the targets, identify the right geological pathfinders and make necessary adjustments to the exploration approach. This initial drill program was built to test six different targets spread over 30 kilometres along the McKenzie Gulch regional fault. Exploration Model Update Dykes Swarm Holes GRG-20-001 and GRG-20-002 were planned in the Grog Brook Group composed of thin bed siltstone inside the McKenzie Gulch regional Fault environment. The favorable area related to strong chargeability anomalies. A 100 metre wide arsenic anomaly was detected during the previous trenching programs, which was closely related to variably argillized feldspathic dykes. The two holes were drilled about 30 metres apart on an east-west line. The first holes were collared in a complex assemblage of feldspathic dykes hosted in strongly sericitized or ...