UAV Drone Magnetometer Survey and Exploration Advancement at Xander Resources Fenelon Property

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[{"type":"text","content":"UAV Drone Magnetometer Survey and Exploration Advancement at Xander Resources Fenelon Property\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n TheNewswire -\n \n \n November 16, 2020 -\nXander Resources Inc. (TSXV:XND) (FSE:1XI)\n \n \n (OTC:XNDRF)\n \n \n (\"\n \n \n Xander\n \n \n \" or the\n\"Company\") is pleased to announce further advancement of its\n100 Percent owned Blue Ribbon Property (\"the Property\") in\nthe Fenelon Gold camp. The Property is located south-west of the\n \n \n Wallbridge Mining Fenelon Gold\nProject\n \n \n . The Property borders Probe Metals,\nMidland Exploration and Great Thunder Gold.\n \n \n \n \n Exploration work was recently completed on the property\naround the showing first discovered by Government geologist Jerome\nRemick in 1969 and where a Gold value of\n \n \n 8.5 g / t Au\n \n \n over\n0.76 meters was found. (RP-564). The current work consisted of\nexcavation of 4 trenches 3 to 7 meters wide by 20 to 30 meters in\nlength and groving on 35.3 meters of rock for a total of 40 samples.\nThese samples were sent for gold analysis to the ALS Geochemistry\nlaboratory in Val D'Or and the results are pending.\n \n \n \n \n A number of old trenches were observed and the\nmineralization on the property is contained in a diorite shale rock\naltered to ankerite and silica with small quartz veins. The\nmineralization is represented by millimeter grains of pyrite and\nchalcopyrite (1 to 4%). The envelope of this zone is approximately 10\nmeters and visible for approximately 50 meters of length. The nature\nof the very wet ground slowed down further excavation work.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Analysis of the\n \n \n UAV Drone high resolution magnetometer\n \n \n survey completed in October\n \n \n indicates that the site where the recent excavation work\ntook place is located in a magnetic hollow south of\n \n \n two faults\n \n \n . The\nMagnetometer was completed over a 1.5 km by 1.5 km grid over the Blue\nRibbon historical trenching and Gold Showing in the\n \n \n Fenelon Gold Camp\n \n \n .\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Two drill pads have been prepared at the Blue Ribbon,\nFenelon discovery site and drilling is expected to commence during the\nwinter months when access is more accessible.\n \n \n \n \n James Hirst CEO...

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