Xander Resources Expects To Commence Drilling At Senneville In February

Xander Resources (TSXV: XND) this morning provided an update to the market in relation to its currently planned drill program at its Val-d’Or property. The company currently anticipates getting drills first into the ground in February 2021, following COVID-19 restrictions recently put into place by the Quebec government.

Drilling is to take place at the Senneville Claim Group, located in Val-d’Or East. The drill program is to comprise of a total of 3,000 metres, with the total program to consist of a nine holes. The initial three holes within the program will look to confirm drilling conducted on the property in 2012.

Exploration is said to be conducted just off Highway 397 Nord, which runs through the Senneville Claim Group, 22 kilometres North of Val-d’Or, Quebec. The property itself consists of over 90 square kilometres of claims, while being contiguous to the Prove Metals property that is located to the south, and the Monarch Gold property that is located to the north.

“We are contiguous to Probe Metals who are currently active on the Pascalis Gold Trend where they announced drilling results of 5.9 g/t Au over 9.2 metres. Probe also announced the discovery of two new gold zones, one of which returned 94.1 g/t Au over 0.6 metres. 2.5 kms to the south and contiguous to Probe Metals is QMX Gold who are expanding their Bonnefond deposit where they reported 6.48 g/t Au over 73.2 metres.”

James Hirst, CEO of Xander

Xander Resources last traded at $0.165 on the TSX Venture.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

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

Where Gold Investors Will Make the Biggest Money | Kevin Smith – Crescat Capital

This 100 Year Old Silver Mine Keeps Getting Bigger | Oliver Turner – Americas Gold and Silver

They’re Uncovering an Entire District of Gold | Michael Bennett – Altamira Gold

Recommended

Homeland Nickel Signs Binding Offtake With Westwin for 20,000 Tonnes of Concentrate a Year

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Related News

IAMGOLD Resumes Production At Rosebel Following Union Work Stoppage Due To COVID-19 Infections

IAMGOLD Corp (TSX: IMG) released to the market late Friday night that it has resumed...

Sunday, July 26, 2020, 11:45:00 AM

GOLD: The World’s Most Exciting Undeveloped Mining Project? | Rudi Fronk – Seabridge Gold

In this interview, Rudi Fronk, Chairman and CEO of Seabridge Gold Inc. (TSX: SEA) (NYSE:...

Monday, January 20, 2025, 02:53:00 PM

Centerra Gold Reveals Seized Kumtor Mine Flooded At Hazardous Level, Local Operator Disputes

On Tuesday, Centerra Gold Inc. (TSX: CG) disclosed aerial documentation of the seized Kumtor gold...

Wednesday, September 1, 2021, 05:25:00 PM

Global Gold Demand Drops To 11-Year Low As Consumers And Investors Face Effects Of COVID-19 Pandemic

It appears that gold has lost its lustre for many central banks and investors, causing...

Monday, November 2, 2020, 12:21:57 PM

The Next Major Golden Triangle Discovery | Roger Rosmus – Goliath Resources

In this interview, Roger Rosmus, CEO of Goliath Resources (TSXV: GOT), discusses the recent high-grade...

Saturday, February 8, 2025, 11:41:00 AM