Xtierra Reports Initial Drill Results at Bilbao

- July 8th, 2010

Xtierra Inc. (CVE:XAG) reports the completion of the 9 holes at Bilbao.
A second drill rig was recently mobilized to accelerate progress with the geotechnical and wider exploration portions of the program.The Company is pleased to announce that mineralization has been encountered in the first two step-out holes (X-84 and X-85) to the south, extending the outer […]

Xtierra Inc. (TSXV:XAG) reports the completion of the 9 holes at Bilbao.

A second drill rig was recently mobilized to accelerate progress with the geotechnical and wider exploration portions of the program.The Company is pleased to announce that mineralization has been encountered in the first two step-out holes (X-84 and X-85) to the south, extending the outer limits of the Bilbao deposit for at least an additional 50 metres. Both holes encountered higher grade zinc and lead values than for the deposit as a whole.

For complete news release, click here

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6 responses to “Xtierra Reports Initial Drill Results at Bilbao

  1. i think you need to separate things here.
    Lynas has spend north of 650 million dollars to get to this stage
    so the pluses are mining, shipping and separation of H L M REE

    many smaller mines can continue but most dont have the bucks to go onto refining and separation.

    So theres mining and separation. If Lynas and a few others have the capacity but not the raw materials some of these mines can supply to them.

    If your going to invest then think about the company and whether it has the billion dollars it needs before it gets anything to market

    then you have the answer

    Lynas has a POL for 2 years and will be properly monitored.

    All has been approved by the World authorities!

    so ” And they don’t have the high toxicity of Lynas, which only has a temporary license to operate their refinery”. is just a bit of jealous down rampingas the Aussie get first to market.

    har har

  2. i think you need to separate things here.
    Lynas has spend north of 650 million dollars to get to this stage
    so the pluses are mining, shipping and separation of H L M REE

    many smaller mines can continue but most dont have the bucks to go onto refining and separation.

    So theres mining and separation. If Lynas and a few others have the capacity but not the raw materials some of these mines can supply to them.

    If your going to invest then think about the company and whether it has the billion dollars it needs before it gets anything to market

    then you have the answer

    Lynas has a POL for 2 years and will be properly monitored.

    All has been approved by the World authorities!

    so ” And they don’t have the high toxicity of Lynas, which only has a temporary license to operate their refinery”. is just a bit of jealous down rampingas the Aussie get first to market.

    har har

  3. Alkane is in a great position as their deposit has heavy rare earths and a useful mix of other in demand metals at their DZP that is based upon one of the world’s largest
    in-ground resources of the metals zirconium, hafnium, niobium, tantalum,
    yttrium and rare earth elements. Another ASX listed company Greenland Energy and Minerals (ASX:GGG) has the world’s largest rare earth resource in Greenland and that is also a multi-commodity resource with a contained metal inventory of 6.6 Mt TREO (Total Rare
    Earth Oxide), 350 Mlbs U3O8 and 3 Blbs Zn ( TREO includes 0.24 Mt heavy
    REO, 0.53 Mt Y2O3).

     My point is that the multi-commodity plays are inherently safer as their market isn’t entirely dependent on the REE supply-demand balance.

  4. Alkane is in a great position as their deposit has heavy rare earths and a useful mix of other in demand metals at their DZP that is based upon one of the world’s largest
    in-ground resources of the metals zirconium, hafnium, niobium, tantalum,
    yttrium and rare earth elements. Another ASX listed company Greenland Energy and Minerals (ASX:GGG) has the world’s largest rare earth resource in Greenland and that is also a multi-commodity resource with a contained metal inventory of 6.6 Mt TREO (Total Rare
    Earth Oxide), 350 Mlbs U3O8 and 3 Blbs Zn ( TREO includes 0.24 Mt heavy
    REO, 0.53 Mt Y2O3).

     My point is that the multi-commodity plays are inherently safer as their market isn’t entirely dependent on the REE supply-demand balance.

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