AUSTIN, TX / ACCESSWIRE / October 10, 2024 / Xtra Energy Corp. (OTC Pink:XTPT), a leading antimony exploration company, is pleased to announce the commencement of detailed petrographic studies on mineral samples from the American Antimony Project, marking a significant milestone in the development of this strategically important asset. The studies aim to enhance understanding of the mineralogical characteristics and to identify optimal extraction methods for antimony, a critical mineral vital to various industries including defense, electronics, and energy storage.
The petrographic analysis will be conducted by Dr. Allen Miller of Ottawa, Canada, focusing on identifying mineral associations, textures, and the distribution of antimony-bearing minerals within the ore. These studies will provide critical insights into the geometallurgical model of the project and will assist in optimizing the ongoing exploration and extraction process.
"We are excited to take this crucial step in advancing the American Antimony Project. The petrographic studies will enable us to better understand the mineral composition and processing characteristics, further refining our future approach to sustainable and efficient extraction," said Mac J. Shahsavar, P.Eng., Chairman and CEO, of Xtra Energy Corp. "This is part of our commitment to ensuring a responsible supply of antimony for industries that rely on this critical mineral."
The American Antimony Project is located in the Bernice Canyon of Churchill County, Nevada., an area known for its high-grade antimony mineralization. With global demand for antimony rising due to its use in flame retardants, batteries, and alloys, this project is well-positioned to play a key role in the supply chain for this essential element.
The completion of the petrographic studies is expected within the next 4 to 6 weeks., with results providing a foundation for future exploration and development activities, including resource estimation and potential processing methodologies.
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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 207 lode claim, 4276 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:
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SOURCE: Xtra Energy Corp.