xander group

Xander Stakes Additional Senneville Claims, Drops Bachelor North Property and Director Resignation

(TheNewswire)



August 20, 2021 TheNewswire - Xander Resources Inc. (TSXV:XND) (FSE:1XI) (OTC:XNDRF) (" Xander " or the " Company ") is pleased to announce it has staked an additional 39 claims contiguous to its Senneville West Lithium property. This increases the total number of claims controlled by the Company from 171 to 210, or about 25,000 acres (10,000 hectares) in total area. The claim block extends in an east-west direction to cover the splays of Lithium mineralized structures and observed alteration zones found on the Senneville West claims. The Company's Senneville Claim Group now comprises of five contiguous properties totalling 210 claims (100 sq km) referenced as Senneville South 9 claims, Senneville West 80 claims, and Senneville East 62 claims and 20 additional claims acquired in April, 2021 plus the 39 new claims known as Senneville Xander Claims.


Click Image To View Full Size

The Company has retained Andrew Tims, P.Geo to review and design a preliminary exploration program to map and sample the Lithium and other mineralization potential of these new claims and all the claims comprising the Senneville Claim Group. Work is expected to commence shortly and further drilling of the remaining 6 holes of the 9-hole drill program will commence later in the year.

The Company has decided not to proceed any further with the Bachelor North Property and to concentrate its financial and exploration resources on the Lithium, Gold and other mineral potential of the Senneville Claim Group.

The Company also announces that Benoit Chotard has resigned as a director of the Company, effective immediately. The Company extends its appreciation to Mr. Chotard for his past contribution to the Company and wishes him well in his future endeavors.

James Hirst, CEO of the Company states "The recent addition of Deepak Varshney, P.Geo to our board of directors and the input of Andrew Tims, P.Geo significantly increases Xander's geological expertise to ensure a thorough and systematic exploration of our extremely well positioned properties in the  historic Val-d'Or Mining Camp."

About Xander Resources Inc.

Xander Resources Ltd. is a Canadian mineral acquisition and exploration company based in Vancouver, BC, Canada. Xander is exploring for commercially exploitable mineral deposits and is currently focused on deposits located in Val-d'Or, Quebec, including the Senneville Claim Group which comprises of over 100 sq. km and is contiguous in the South to Probe Metals' new discovery, and contiguous in the North to Monarch Mining and in close proximity to Eldorado Gold's (formerly QMX Gold ) projects in the Val-d'Or Mining Camp .

ON BEHALF OF THE BOARD OF DIRECTORS

James Hirst, CEO
Telephone: (236) 607-5490
For more information please visit our website:
www.xanderresources.ca
Email:
info@xanderresources.ca
Investor Relations:
ir@xanderresources.ca Dan Samartino

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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...
Drill in dirt at mine site with "5 Top Canadian Mining Stocks This Week" text overlay.

Top 5 Australian Mining Stocks This Week: CGN Resources Spikes on Maiden Gold Drilling

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.Companies focused on gold, helium and critical minerals shone this week, with copper and gold explorer CGN Resources taking the top spot.Read on to discover this week's top gaining Australian... Keep Reading...
Tavi Costa: Gold, Silver, Copper — Outlook, Plus My Strategy Now

Tavi Costa: Gold, Silver, Copper — Outlook, Plus My Strategy Now

Tavi Costa, CEO of Azuria Capital, shares his outlook for gold, silver and copper. He also speaks about the commodities space more broadly, emphasizing the importance of holding hard assets as the US treasury market struggles to retain credibility.Don't forget to follow us @INN_Resource for... Keep Reading...
Rick Rule, mine site.

Rick Rule: Oil Bull Case, Plus the Only 3 Gold Stocks You Need

Rick Rule, proprietor at Rule Investment Media, shares his short- and long-term oil outlook. He also weighs in on gold's price pullback, referring to it as a "hiatus" similar to the one seen in 1975. Click here for this year's Rule Symposium recordings. Don't forget to follow us @INN_Resource... Keep Reading...
Precious Metals & Critical Minerals Virtual Investor Conference Agenda Announced for July 22nd & 23rd

Precious Metals & Critical Minerals Virtual Investor Conference Agenda Announced for July 22nd & 23rd

Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com

Virtual Investor Conferences, the leading proprietary investor conference series, announced the agenda for the Precious Metals & Critical Minerals Virtual Investor Conference to be held July 22nd & 23rd, 2026.Individual investors, institutional investors, advisors, and analysts are invited to... Keep Reading...
Rich Checkan, gold bars.

Rich Checkan: Gold Cheap, Silver Cheaper — Now is The Time to Buy

Rich Checkan, president and COO of Asset Strategies International, shares his outlook for gold and silver, saying the metals are currently at sale prices. Both could still go lower, but he encouraged investors to act sooner than later."Take a little of your cash, deploy it now — lock in that... Keep Reading...
Brien Lundin, gold bars.

Brien Lundin: Gold's "Unique" Bull Market — Major vs. Junior Stocks

Brien Lundin, editor of Gold Newsletter, shares his thoughts on the pullback in gold and silver prices, saying that finding a bottom will take time. If seasonality is in effect this year, he sees that process happening in mid-July to mid-August. "That's really our last chance — our best chance —... Keep Reading...

Interactive Chart

Latest Press Releases

Related News