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.


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

First Majestic Q1 Earnings: A Bang Up Quarter

Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie – Selkirk Copper

Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

Recommended

Questcorp Wraps Expanded Drone Survey at La Union as Summer Drilling Approaches

Altamira Gold Extends Maria Bonita Footprint with 110 Metre Step-Out

Related News

Osisko Development To Acquire Operating Gold Mine

Osisko Development Corp (TSXV: ODV) is well on its way to becoming a gold producer...

Tuesday, January 25, 2022, 08:39:55 AM

Canaccord Reduces Centerra Gold’s Price Target To $21 Following Sale of Hardrock Project

On December 15th, Centerra Gold Inc (TSX: CG) agreed to sell its 50% stake in...

Wednesday, December 16, 2020, 11:59:00 AM

Lumina Gold’s Flagship: Cangrejos’ $2.2B NPV at $1,650 Gold, 26 Year Mine Life

In this interview, Marshall Koval, CEO of Lumina Gold Corp. (TSXV: LUM), provides insights into...

Monday, September 2, 2024, 05:04:00 PM

Canaccord: The Bottom For Gold Is Near

Canaccord Genuity Capital Markets on Monday issued an industry update on precious metals, where they...

Saturday, November 19, 2022, 01:29:00 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