ROUYN-NORANDA, QC, Jan. 29, 2019 /CNW Telbec/ - X-Terra
Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) ("X-Terra") is
pleased to announce that following a preliminary geophysical
interpretation of the Ducran airborne geophysical VTEM survey,
X-Terra has been able to associate EM conductors over the
polymetallic mineralization identified by diamond drilling in 2017.
The geophysical interpretation is being conducted by Marc Boivin, P.Geo., consulting geophysicist
from MB Geosolutions, a consultant to X-Terra.
These preliminary results confirm that the drilling completed in
2017, while successful in identifying the mineralized shear zone,
was drilled in the weakest segment of what is now an
electromagnetic anomaly of more than 500 metres along the N110
degrees mineralized shear zone. The electromagnetic signature
doesn't suggest a single conductor but more like a stacking of
numerous conductors along the same structure. Detailed
interpretation is still in progress in the vicinity of the showing.
The balance of the survey will also be interpreted to generate
additional prospective targets to be tested by stripping and
diamond drilling.
The Corporation is now planning a diamond drill program to test
the newly identified targets along the polymetallic mineralized
shear zone and will inform its shareholders by way of press release
once that program is officially underway.
Qualified person
Mr. Claude Larouche, P. Geo, a
consultant to X-Terra Resources, is the qualified person for the
Ducran property under National Instrument 43-101 - Standards of
Disclosure for Mineral Projects, responsible for the technical
contents of this news release, and has approved the disclosure of
the technical information contained herein.
About X-Terra Resources Inc.
X-Terra Resources is a resource company focused on
acquiring and exploring precious metals and energy properties in
Canada.
Neither the 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 the release.
Website: www.xterraresources.com
SOURCE X-Terra Resources Inc.