X-Terra Resources is pleased to announce that it is arranging a private placement of a minimum of $1.3 million and up to $1.5 million of units, at a price of $0.75 per Unit. Each Unit will be comprised of one common share in the capital of the Corporation and one common share purchase warrant of the Corporation. Each Warrant will entitle the holder thereof to acquire one additional Common Share at a price of $1.00 for a [...]
X-Terra Resources announces the consolidation of its common shares on the basis of one post-consolidation common share for every seven pre-consolidation shares issued and outstanding as of the close of business on Feb 2, 2023. The shares are expected to begin trading on a consolidated basis on the TSXV on Feb 8, 2023. The share consolidation was approved by the Corporation's shareholders at the annual and special meeting [...]
X-Terra Resources is excited by the recent Winsome Resources drill results which announced discovery hole AD-22-005 at its Adina project with mineralization grading 1.34% Li2O over 107.6 m. The Adina project lies directly adjacent and on strike to X-Terra's 100% owned Liberty Lithium property. This new information along with the location of the numerous pending assays from Winsome will play a significant role in X-Terra's [...]
X-Terra Resources is pleased to announce that it has held a closing of a non-brokered private placement at which it issued 7,566,667 Quebec "flow-through" common shares at a price of $0.09 per share and 7,566,668 units at a price of $0.075 per unit, for aggregate gross proceeds to X-Terra Resources of $1,248,500. Each of the 7,566,668 units is comprised of one federal "flow-through" common share and one-half of a common [...]
X-Terra Resources Inc. is pleased to report is has completed its reconnaissance program over its 100% owned recently acquired Galli and Liberty Lithium projects in James Bay, Québec. The short program served to identify and highlight the environment of the properties. The team completed some reconnaissance via helicopter at low altitude following a predetermined flight plan to systematically cover both the Galli and [...]
X-Terra Resources Inc. is pleased to report it has mobilized its technical team to its 100% owned recently acquired Galli and Liberty Lithium projects in James Bay, Québec. X-Terra will be completing a helicopter-assisted reconnaissance prospecting program over its Galli and Liberty lithium projects which are directly adjacent to Winsome Resources Adina project, which has yielded an exceptional pegmatite discovery below [...]
X-Terra Resources Inc. is interested with the recent work Winsome Resources has completed at its Adina project, which lies directly adjacent and on strike to X-Terra's 100% owned Liberty Lithium property. Recent drilling by Winsome has highlighted more than 160 metres of pegmatite collectively intercepted in drilling below the recently discovered Jamar outcrop at Adina. In addition, most recent assays from the Jamar [...]
X-Terra Resources Inc. has completed 100% of its planned trenching program at the Northwest property located in Restigouche county, New Brunswick. The major highlight of the program was the identification of a sub-outcropping quartz veins systems associated with carbonate bearing alteration and sulfides where recent soil geochemistry results indicated a strong gold signature. A total of nine trenches were completed [...]
X-Terra Resources Inc. has completed 75% of its planned trenching program at the Grog and Northwest Properties located in north-western New-Brunswick, Restigouche County. Thus far, a total of seven trenches were completed within the Grog geological footprint with an additional 145 metre trench located 1.2 kilometres northeast of the Grog gold showing. Trench #TR-22-14 conducted on Grog Property became a high priority [...]
X-Terra Resources Inc. has initiated its trenching program at the Grog and Northwest properties following the positive geochemical results from a last phase of soil survey executed earlier this year . The two properties are located in north-western New-Brunswick, Restigouche County. X-Terra has been actively exploring these two properties since 2019, located approximately 30 kilometres apart and located along the regional [...]
X-Terra Resources Inc. is pleased to announce it has recently completed an additional phase of infill geochemical sampling on the Grog and Northwest properties. Throughout this program, 363 "B" horizon soil samples were collected, split between the Grog and Northwest properties to validate and further improve the targets discovered through last years large scale geochemical programs. Throughout the last program completed [...]
X-Terra Resources Inc. is pleased to announce it has been awarded a $25,000 grant under the New Brunswick Junior Mining Assistance Program. Plans are being finalized to carry out an additional detailed geochemical sampling survey over six of the high priority geochemical targets recently identified. The survey will be financed in part by the grant recently received. The objective of this program will be to tighten the [...]
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