camping val d'or

Drilling Commences at Senneville Claim Group in Val-d'Or Gold Camp

(TheNewswire)



TheNewswire - April 6, 2021 - Xander Resources Inc . ( TSXV:XND ) (FSE:1XI ) ( OTCQB:XNDRF ) (" Xander " or the " Company ") is pleased to announce that Magnor Exploration Inc., and their drilling crew have commenced drilling on the Senneville South Property part of the Company's Senneville Claim Group comprising Senneville South, Senneville East and Sennevile West all situated in the eastern region of the Val-d'Or Gold Camp .

The first 3 drill holes on the Senneville South Property are part of a 9-hole drilling program totalling over 3,000 meters on the Senneville Claim Group. The program has been designed to confirm the successful drilling conducted on the Senneville Claim Group in 2012 (reported in the Xander's press release dated November 19, 2020). The sites are easily accessible as they are just off Route 397 Nord and 22 km North of Val-d'Or. Gold-bearing zones in this area are associated with shear zones, faults, tension fractures and tectonic breccias and generally associated with syn-volcanic intrusions (ref: GM68366 garden island report page 24 (section deposit type)).


Click Image To View Full Size

Xander's Senneville Claim Group comprise of over 90 sq. km and is contiguous in the South to Probe Metals. P revious drilling o n the Senneville Claim Group includes SV-12-01 with 9.79gpt. /1.0m Au (ref: GM68366) and SV-12-03 which targeted the ESE extension of the showing intersected 11.03gpt /1m Au (ref: GM68366) occurring approximately 354 metres to the east along strike. Other areas of the Senneville Claim Group have not been systematically explored for gold as the focus of historical work was largely on their VMS potential.

James Hirst, CEO stated, "The first hole number XR-21-01 has reached the target zone and we are looking forward to completion of our maiden drilling program in the Val-d'Or Gold Camp ."


Click Image To View Full Size

"

About Xander Resources:

Xander Resources is a junior exploration company focused on developing accretive Gold properties within Canada. The Company currently has a focus on projects located in three gold camps on the Abitibi Greenstone Belt within the Province of Quebec.

Daniel Turcotte, P.GEO. an Independent Qualified Person (" QP ") as such term is defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects , has reviewed and approved the geological information reported in this news release.

The QP has not completed sufficient work to verify the historic information on the Properties, particularly in regard to historical exploration, neighboring companies, and government geological work. The information provides an indication of the exploration potential of the Xander property but may not be representative of expected results.

ON BEHALF OF THE BOARD OF DIRECTORS

James Hirst , CEO
Tel: (778) 998-9257
Email: jimh@xanderresources.ca
Website:
www.xanderresources.ca

Copyright (c) 2021 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
Magnetic Resources

Quarterly Appendix 5B Cash Flow Report

Magnetic Resources NL (Magnetic or the Company) has released its Quarterly Cash Flow Report.


Keep reading...Show less
Magnetic Resources

Quarterly Report for the Quarter Ended 31 March 2024

Magnetic Resources NL (Magnetic or the Company) is pleased to provide its Quarterly Activities Report for the period ending 31 March 2024.
Keep reading...Show less
Manuka Resources

Research & Development Funding for Enhancement of Silver Production at Wonawinta

Manuka Resources Limited (ASX: MKR) (“Manuka” or the “Company”) is pleased to announce it has received A$1.07M under the Australian Government’s R&D tax incentive scheme for a successful process improvement program undertaken by the Company to enhance Silver production at the Wonawinta Silver Mine.

Keep reading...Show less
Gold and copper bars.

5 Top Weekly TSXV Stocks: Timberline Gains 120 Percent on McEwen Mining Deal

The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 20.69 points last week to close at 567.02.

Statistics Canada released March consumer price index figures this past Tuesday (April 16), showing inflation was up 2.9 percent on a year-on-year basis, higher than the 2.8 percent year-on-year growth reported in February.

Gasoline prices, which were up 4.5 percent compared to the same period last year, were a significant factor in the gain. Additional pressure came from rising shelter costs due to mortgage and rental increases.

Keep reading...Show less
Spartan Resources

Successful Completion of Placement & Institutional Entitlement Offer as Part of A$80M Equity Raising

Spartan Resources Limited (Spartan or Company) (ASX:SPR) is pleased to announce that the Company has successfully completed an institutional placement (Placement) and the institutional component of a 1-for-17 fully underwritten pro rata accelerated non-renounceable entitlement offer (Institutional Entitlement Offer, together with the Placement the Institutional Offer) of new fully paid ordinary shares in Spartan (New Shares).

Keep reading...Show less
Gold bars with gold arrow pointing up.

Top Stories This Week: Gold Price Stays Strong, Trudeau Takes Heat on Capital Gains Tax

The gold price ended last week with a bang, breaking through US$2,400 per ounce for the first time ever.

Although it retreated below that level this week, the yellow metal remains historically high.

I've asked a number of experts about what's behind gold's big move, and while their opinions differ on the specifics, they all agree that it still has plenty of room to run. Jordan Roy-Byrne, CMT, MFTA, of the Daily Gold may have put it best — he said that we're reaching the point where hyperbolic statements about the gold price can actually come true.

Keep reading...Show less

Latest Press Releases

Related News

×