Xander Resources Discovers Lithium Geology On Val-d’Or Property

Xander Resources (TSXV: XND) has discovered the potential for lithium on its property. The company this morning reported that lithium geology has been discovered on its Senneville Group of Claims property in Val-d’Or, Quebec.

The lithium geology is reportedly located on the western side of the property, within the fringe of the LaCorne Bathoith. Mineralization is reprotedly within close proximity to the North American Lithium Deposit, which contains proven and probable reserves of 17.06 Mt of 0.94% Li20, in addition measured and indicated resources of 33.24 Mt of 1.19% Li20.

The region of the property reportedly has road access, infrastructure, and outcrop exposures. Commenting on the discovery, CEO James Hirst stated, “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.

The discovery is located within the firms 24,000 acre land package in the Val-d’Or region, with the property being located 30 kilometres north of the city of Val-d’Or.

Xander Resources last traded at $0.19 on the TSX Venture.


FULL DISCLOSURE: Xander Resources is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover Xander Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

Populist Actions Are Pushing Lithium Prices Sky-High

Lithium, a key metal which is used in virtually all electric vehicle (EV) batteries, is...

Wednesday, August 31, 2022, 03:56:00 PM

Noram Ventures Resumes Drilling At Zeus Following Receipt Of Expanded Permits

Drilling has resumed at Noram Ventures (TSXV: NRM) flagship Zeus lithium project located in the...

Tuesday, January 12, 2021, 09:57:06 AM

Xander Resources Completes Excavation Work At Blue Ribbon Property

Xander Resources (TSXV: XND) this morning announced that it has recently completed excavation work at...

Monday, November 16, 2020, 09:17:23 AM

General Motors’ Lithium Deal In California Desert Underscores Value of Well-Defined Lithium Projects

On July 2, General Motors Company (NYSE: GM) reached an agreement with Controlled Thermal Resources...

Sunday, July 11, 2021, 09:00:00 AM

United Lithium: Advancing Two European Lithium Projects

United Lithium Corp. (CSE: ULTH) is a relatively new Canadian lithium exploration company that is...

Monday, June 7, 2021, 04:45:00 PM