Business
XCana Petroleum Corp. Announces Continued Expansion onto the Table Mountain Critical Mineral Project to Encompass the Past Producing Boyer Copper Deposit
XCana Petroleum Corp. Announces Continued Expansion onto the Table Mountain Critical Mineral Project to Encompass the Past Producing Boyer Copper Deposit.
About this update from Xcana Petroleum Corp.
[{"type":"text","content":"CHICAGO, IL / ACCESSWIRE / May 17, 2023 / XCana Petroleum Corp. (OTC PINK:XCPT) is pleased to announce the successful completion of an 80-acre expansion to gain full ownership rights of the historically copper-producing Boyer Copper Deposit. The Boyer Copper Deposit is directly adjacent and west of our Nevada Nickel #73 lode claim and is just the starting point of our rapid consolidation of this mining district.As described in WILLDEN, R., AND SPEED, R.C., 1974 GEOLOGY AND ORE DEPOSITS OF CHURCHILL CO., NEV., NEV: NBMG BULL. 83. "The Boyer Copper Deposit includes several prospects near the head of the Bell Mare Canyon south of Cottonwood Canyon. The deposits were located in the early 1860's, several large wagon-trains of rich copper sulfide ore were shipped to Sacramento in 1861 and then to smelters in Swansea, Wales (Vanderburg, 1940, p. 47). There was intermittent activity on the deposits as late as 1911 (Carpenter, 1911), but recent work has been confined to sporadic assessment work by various claim holders. The copper occurs as concentrations of chalcopyrite and other copper sulfides in fine fractures and amygdule fillings in the Jurassic mafic volcanic rocks. Workings on the properties totaled about 1,500 feet, mostly inaccessible at the time of Vanderburg's (1940, p. 47) visit."On the expansion, Xcana Corp. Chairman Mac J. Shahsavar, P. Eng., commented, "We wanted to make a statement to the market that the same attention and devotion given to our lithium and antimony projects will be expended here. There is no better way to start than with the consolidation of our target district. The Table Mountain District of Nevada shows incredible preliminary potential in not only nickel but cobalt and copper as well, essential components in many of today's rapidly growing clean energy technologies, from wind turbines and electricity networks to electric vehicles and solar panels. We have therefore deemed this project the Table Mountain Critical Mineral Project, targeting an array of critical minerals vital to the United States supply chain."Contact & Learn More:XCana Petroleum Corporation+1 [email protected] Website: xcanacorp.comCorporate Linkedin: https://www.linkedin.com/company/xcana-corp/Corporate Twitter: https://twitter.com/XcanaCorpCorporate Instagram: https://www.instagram.com/x...