XME

Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME)(OTCQX:XMTTF) reports that
it has more than doubled its land position at the Blackflake project by staking
a second large block of 111 claim units located 7 kilometers due east of the
Zenyatta's Albany "hydrothermal" graphite diatremes.


Xmet's Chairman and CEO Alexander Stewart stated that "the additional staking is
100% owned and covers two significant magnetic lows located 7 kilometers due
east of the Zenyatta Albany hydrothermal graphite discovery. Xmet now has two
significant properties in the immediate vicinity of the Zenyatta Albany graphite
discovery. Both properties have never been tested by electromagnetic surveys
although they are located in close proximity to the Zenyatta graphite
diatremes." 


Xmet is funded for and plans to fly an electromagnetic (EM) survey over both
properties in the near future. Xmet's initial 70 claim unit block ties onto the
northwestern margin of Zenyatta's Albany project, previously announced in Xmet's
news release dated November 4th, 2013. Zenyatta discovered high quality
vein-type hydrothermal graphite mineralization while conducting follow-up
drilling on strong electromagnetic geophysical anomalies identified by an
airborne geophysical survey conducted by Geotech in 2010. The world class
Zenyatta magmatic, hydrothermal (vein type) graphite deposit is potentially
economic and occurs within a graphite diatreme that was emplaced within the
border phase of the Nagami River carbonatite / alkaline intrusion. 


Bill Yeomans, P. Geo, states, "Xmet has now secured two significant land
positions located within the border phase of the northwestern and southeastern
margins of the Nagami River carbonatite/alkaline intrusion. The Zenyatta
hydrothermal graphite pipes occur within a magnetic low embayment located along
the southwestern border phase margin of the Nagami River carbonatite / alkaline
intrusion. Several northwest and northeast trending dike swarms also occur
proximal to the Zenyatta Albany hydrothermal graphite diatremes. Xmet's
Blackflake claim blocks are located within similar magnetic lows located within
the border phase of the Nagami River carbonatite / alkaline intrusion graphite
breccia pipes, and the same dike swarms bounding the Albany graphite diatremes
trend across the Xmet Blackflake claims. The airborne electromagnetic survey
will test for potential strong graphitic conductors within this favorable
geological and structural setting on both properties." 


The technical information contained in this news release has been approved by
William Yeomans, a director of Xmet, who is a Qualified Person as defined in
'National Instrument 43-101, Standards of Disclosure for Mineral Projects.'


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


Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. Xmet assumes no obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those reflected in
the forward looking-statements unless and until required by securities laws
applicable to Xmet. Additional information identifying risks and uncertainties
is contained in filings by Xmet with Canadian securities regulators, which
filings are available under Xmet's profile at www.sedar.com. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Xmet Inc.
Alexander Stewart
Chief Executive Officer
(416) 644-6588
astewart@xmet.ca


Xmet Inc.
Stephen Stewart
VP Corporate Development
(416) 644-6588
sstewart@xmet.ca
www.xmet.ca

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