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...
Gold bar and nuggets with text reading "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Lighthouse Gold Shines with 78 Percent Gain

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.Reuters reported on Friday (June 19) that a Panamanian government-led audit of First Quantum... Keep Reading...
David Nicholas, gold and silver bars.

David Nicholas: Gold's Next 30 Days — 10 Percent Price Pop?

David Nicholas, co-founder of XFunds, shares his outlook for gold, calling it "very constructive." In his view, it wouldn't be surprising to see an 8 to 10 percent price increase in the next 30 days. "I think gold and silver are the next trades to do really well here," Nicholas said.Don't forget... Keep Reading...
three gold bars stacked on top of each other

DGCX Introduces First Same-Day Physical Gold Contract in Gulf

The Dubai Gold and Commodities Exchange (DGCX) will launch the Gulf region’s first same-day physically settled spot gold contract on Monday (June 22), providing bullion dealers a regulated alternative to traditional over-the-counter markets.The Gold Spot T+0 Contract allows refineries, brokers,... Keep Reading...
Gold letters spelling "Fed" in front of a pile of gold dollar coins and US flag.

Gold Price Dips Back Below US$4,300 as New Fed Chair Holds Rates Steady

The US Federal Reserve held its first meeting with new Chair Kevin Warsh from Tuesday (June 16) to Wednesday (June 17) as a US-Iran peace deal is on the table and the US economy is in the midst of a three-year inflation high alongside a resilient labor market. The central bank held the federal... Keep Reading...
Jeffrey Christian, gold bars.

Jeffrey Christian: Gold, Silver, PGMs — My Summer Price Outlook

Jeffrey Christian, managing partner at CPM Group, shares his summer outlook for gold and silver prices, saying he expects consolidation within a volatile range. However, as the year continues, he believes both precious metals could move back toward highs seen earlier in 2026. Platinum and... Keep Reading...

Interactive Chart

Latest Press Releases

Related News