pluton email

Lithium Host Geology Identified on Senneville Claim Group, Val-d'Or

(TheNewswire)



TSXV:XND) (FSE:1XI) (OTC:XNDRF) (" Xander " or the "Company") is excited to announce that Lithium Geology has been identified on the West side of the Senneville Group of Claims in Val-d'Or, Quebec.

The Company's current mineral claim package has identified a well-positioned Lithium exploration area at the fringe of the LaCorne Bathoith 30 km North of Val-d'Or, Quebec. The Company currently holds a contiguous land package of over 24,000 acres in Val-d'Or where it recently completed a 3-hole drill program on the East side of the claim group.

The geology is hosted in the La Corne Pluton and in close proximity to the North American Lithium Deposit with proven and probable reserves of 17.06 Mt grading 0.94% Li 2 O, and measured and indicated resources of 33.24 Mt grading 1.19% Li 2 O ( https://na-lithium.com/projects ); Great Thunder Gold ( CSE: GTG ) Chubb Lithium property and East of the Sayona Mining Authier Lithium Deposit. Road access, infrastructure and outcrop exposures are excellent on the property and it is in a prolific lithium bearing pegmatite field.


Click Image To View Full Size

James Hirst, CEO states, "Xander has identified another excellent exploration potential with Lithium possibility on the Senneville Claim Group in the bullseye of Lithium discoveries and development in Canada. With the need for secure sources of hard rock Lithium in the battery space, we are enthusiastic to be in a position to explore the Lithium prospect."

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.

Cautionary Statement: Investors are cautioned that the above information and the information on the adjacent properties is taken from the publicly available sources. The Company has not been able to independently verify the information contained. The information is not necessarily indicative of the mineralization on the Property, which is the subject of this news release. The Company will need to conduct exploration to confirm historical mineralization reported on the property and there is no guarantee that significant discovery will be made as a result of its exploration efforts. The Company is in the process of compiling exploration and geological data available on the property and surrounding area to develop an exploration work plan.

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)
Xander Resources (TSXV:XND)

Xander Resources

Gold Exploration in Canada’s Abitibi Greenstone Belt

Gold Exploration in Canada’s Abitibi Greenstone Belt Keep Reading...
Ronald-Peter Stoeferle, gold bars.

Ronald-Peter Stoeferle: Gold Price Hasn't Topped, on Track for US$8,900

Ronald-Peter Stoeferle of Incrementum shares takeaways from the latest "In Gold We Trust" report, emphasizing that gold is currently in a bull market consolidation phase.Overall he believes the yellow metal is in the midst of a "golden decade" that will ultimately take it to his price target of... Keep Reading...
China flag waving against a clear blue sky.

Chinese Regulator Delays Zijin Gold’s US$4 Billion Allied Gold Takeover

Beijing’s National Development and Reform Commission (NDRC) has delayed regulatory approval for Zijin Gold International's (HKEX:2259,OTCPL:ZJNGF) US$4 billion acquisition of Allied Gold (TSX:AAUC,NYSE:AAUC), questioning the transaction premium and the political risks of the target's mining... Keep Reading...
Gold bars and financial graphs. Text reads: "Weekly Editor's Picks."

Editor's Picks: Gold, Silver Face Bumpy Week as Prices Drop, Then Rebound

It was a bumpy week for the gold price, which dropped to the US$4,370 per ounce level midway through the period before rebounding back above US$4,500.Silver put on a similar performance, bottoming out at US$72 per ounce.Both precious metals were reacting to a complex array of dynamics, including... Keep Reading...
A gold Krugerrand coin sits atop a pile of silver coins with musical instrument engravings.

Precious Metals News: Gold, Silver and PGM Price Floors Hold Up Against Headwinds

The precious metals complex is proving resilient in the face of intensifying macroeconomic headwinds and ongoing uncertainty over the direction of the conflict in the Middle East. Prices for gold, silver, platinum and palladium fell below key psychological levels this week on the back of hawkish... Keep Reading...
Dr. Stephen Leeb, gold bars.

Stephen Leeb: Gold Price to US$18,000? Here's How it Can Happen

Dr. Stephen Leeb of Leeb Capital Management shares his outlook for gold, explaining how the yellow metal could get to US$18,000 per ounce. "Gold's high point might not ever really be defined, because I think at the end of this period that we're in, you're going to find gold at the center of the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News