- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Xander Resources
Gold Exploration in Canada’s Abitibi Greenstone Belt
Company Highlights
- Xander Resources is a junior exploration company focused on developing well-positioned and valuable gold properties within Canada.
- The company operates three highly prospective gold projects across three gold camps along the prolific Abitibi Greenstone belt that extends from Ontario to Quebec in Canada.
- The company’s current asset portfolio includes the Timmins Nickel Project, the Senneville claims group in Val-d’Or, and the Blue Ribbon property in the Fenelon gold camp.
- The Abitibi Greenstone Belt in Quebec is the world’s largest mineral-rich geological belt and hosts many major gold and base metal deposits.
- Xander’s market cap is one of the lowest in the Abitibi region, which advantageously places Xander amongst mining giants at a competitive investment price.
Overview
The Abitibi Greenstone Belt, which spans the border between Quebec and Ontario, Canada, is the world’s largest mineral-rich greenstone geological belt, hosting many major gold and base metal deposits. The prolific region contains a gold-mining history unsurpassed by most gold districts. It has yielded a spectacular 180 million ounces of gold since the discovery of its first mining camps in the early 1900s.
The Abitibi combines the perfect storm of government stability and high-grade mineralization discovery potential. One company looking to make the next big discovery is Xander Resources (TSXV:XND, OTCQB:XNDRF, FWB:1XI), a junior exploration company focused on developing highly prospective gold properties within Canada. The company currently has three projects located across three gold camps on the Abitibi Greenstone Belt.Quebec is a prolific mining jurisdiction with a tier one mining status. The jurisdiction hosts high-grade mineralization and numerous precious metal occurrences. Additionally, the government-supported mining environment, rich resource networks and skilled local workforces give Xander Resources exceptional positioning in its mining development and exploration.
Xander Resources has the potential to mimic the discovery potential of the assets of its neighboring companies, including Monarch Mining (TSX:GBAR) and Probe Metals (TSXV:PRB), which in October 2020 announced drill results of 5.9 g/t gold over 9.2 meters and 94.1 g/t gold over 0.6 meters.
Xander Resources is currently advancing its Timmins Nickel project and Val-d’Or - Senneville project. The Timmins mining camp is one of the most highly prolific mining districts in the world and has been in production for over 100 years. Established in 1923 as a gold rush town, the Val-d’Or is still producing gold, copper, lead, lithium and zinc to this day.
In November 2022, Xander Resources commenced its maiden drill program at the Timmins Nickel Project focused on trends identified by earlier airborne electromagnetic surveys, particularly those near Canada Nickel’s (TSXV:CNC) recently identified Reid Discovery which, through earlier drilling, has already been tested to contain a mineralized footprint of 90 percent.
In October 2022, Xander Resources entered into an option agreement to acquire 100 separate mineral claim blocks, comprising over 21 square kilometres located contiguous to the west of the company’s existing Timmins North claims. With the acquisition of these claims, the company's Timmins North Block now consists of 343 claims that are not only near Canada Nickel Company's (CNC) Crawford Project but also adjacent to its recent Reid Discovery.
Xander Resources’ management team comprises world-class experts in finance, geology and mineral exploration. The company’s solid leadership roster primes it for significant mining success and economic prosperity.
Company Highlights
- Xander Resources is a junior exploration company focused on developing well-positioned and valuable gold properties within Canada.
- The company operates three highly prospective gold projects across three gold camps along the prolific Abitibi Greenstone belt that extends from Ontario to Quebec in Canada.
- The company’s current asset portfolio includes the Timmins Nickel Project, the Senneville claims group in Val-d’Or, and the Blue Ribbon property in the Fenelon gold camp.
- The Abitibi Greenstone Belt in Quebec is the world’s largest mineral-rich geological belt and hosts many major gold and base metal deposits.
- Xander’s market cap is one of the lowest in the Abitibi region, which advantageously places Xander amongst mining giants at a competitive investment price.
Get access to more exclusive Nickel Investing Stock profiles here
Interactive Chart
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.