AUSTIN, TX / ACCESSWIRE / December 21, 2023 / Xtra Energy Corp. (OTC PINK:XTPT) is delighted to announce and share the first look at the Blue Eagle Group with our investors. The Blue Eagle Group, located on the southern tip of our American Antimony Project, is part of the targeted Phase 1 expansion, completed in late 2022.
The Blue Eagle Group as described in"Antimony Deposits of Nevada"; nbmg bull. 61 "are on the northeast slope of a southeast-trending canyon which takes off from Bernice Canyon 4 miles from its mouth. In 1956 they were held by E. E. Yolks. There are 4 adits, 2 winzes, and 1 open cut, totaling 322 feet. Shale and sandstone crop out in this area. A fine-grained dike, striking east and dipping 70°-80° S., cuts the sedimentary rocks down the canyon from the mine. A sample of the vein in Adit 4 assayed 0.06 of an ounce of gold and 0.26 of an ounce of silver per ton, 21.80 percent antimony, and no selenium."
"We are thrilled to present the Blue Eagle Group video to our investors as our team continues its extensive on-the-ground exploration of the Bernice Canyon," said Mac J. Shahsavar, P.Eng., Chairman of Xtra Energy. This was a major find and addition to our American Antimony Projects and its bolstering antimony assets, rivaling the Arrance and Lofthouse in their size and potential. This third extensive historical operation that we own will be integral to revitalizing this historic district. There is 1 open and accessible adit with underground workings exceeding 100 ft+, 3 additional adits that can be reopened, and multiple levels of open cuts in this operation. In the days ahead, our exploration team will be revisiting this site to conduct further exploration and several rounds of preliminary XRF testing.
Viewing of this video can be found at the link provided: https://youtu.be/a1e49ywPTB8:
Contact & Learn More:
Xtra Energy Corporation
Phone: 512-412-3636
Corporate Website: https://americanantimony.com/
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About Xtra Energy Corporation
Xtra Energy Corporation is an antimony exploration company focused on developing its flagship project "American Antimony", approximately 31 miles northeast of Eastgate, Nevada. Xtra Energy Corporation holds a 100% ownership in a 79 lode claim, 1632 acre antimony project surrounding the historically documented Antimony King Mine and covering all other documented antimony producers of the Bernice Mining District. The Company is seeking to develop this expanding portfolio of antimony-rich assets to become a major supplier of antimony based products.
FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/XTPT/disclosure.
SOURCE: Xtra Energy Corporation