ROUYN-NORANDA, QC, Aug. 12, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) is pleased to announce that its field crew has mobilized to the Grog and Northwest properties to follow up on its recently completed ground IP survey over the Grog property and its regional till survey completed last fall over the Northwest property.

The ground stripping and trenching program over the Grog property will cover the first and second priority anomalies identified by the detailed ground IP survey. Thereafter, the team will mobilize to the Northwest property to follow up on the highest priority … Continue Reading

ROUYN-NORANDA, QC, July 24, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce that on June 26, 2019 it completed 57 line-km 2D Induced Polarization (IP) survey over the Grog Property, located approximately 40 kilometres southwest of the city of Campbellton in the province of New Brunswick. The Corporation has received the interpretation of the survey data from MB Geosolutions and the survey identified multiple high priority chargeability anomalies associated with known gold mineralization and associated (epithermal/porphyry targets). In addition, preliminary observations over numerous samples have highlighted the predominance of feldspathic alterations … Continue Reading

ROUYN-NORANDA, QC, June 27, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce the results of its annual meeting of shareholders held on May 30, 2019 in Rouyn-Noranda, Québec.  At the meeting, shareholders elected Michael Ferreira, Sylvain Champagne, Jean-François Madore, Sébastien Bellefleur, Michael Byron and Kim Oishi as members of the Board of Directors of X-Terra. The shareholders also re-appointed PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the auditors of X‑Terra.

X-Terra also announces that following the shareholders’ meeting, the Board of Directors appointed Michael Ferreira as chairman of the Board … Continue Reading

ROUYN-NORANDA, QC, May 15, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) (“X-Terra“) is pleased to announce it has received the final results with respect to its heliborne time-domain electromagnetic survey on its 100% owned Troilus East Property. Based on the results of this survey X-Terra has acquired by map staking an additional 31 mining claims increasing the size of its Troilus-East Property to almost 7,000 hectares.

The Troilus-East Property is located less than two kilometres from the former Troilus mine (2M oz Au + 70,000 tons of Cu) in the province of Québec, … Continue Reading

ROUYN-NORANDA, QC, April 30, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce the completion of the initial payments pursuant to its previously-announced amended and restated exploration and option agreements (the “Agreements”) with NBGold Inc. (“NBGold”) for the acquisition of up to a 70% ownership interest in the Grog and Northwest properties located in the province of New Brunswick (the “Properties”).  X-Terra Resources paid an amount of $50,000 to NBGold and issued an aggregate of 2,000,000 common shares and an aggregate 400,000 common share warrants (the “Warrants”) to the shareholders of NBGold as … Continue Reading

ROUYN-NORANDA, QC, April 22, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) is pleased to announce it has received conditional approval from the TSX Venture Exchange for its previously announced transaction to acquire from NB Gold Inc. a 70% interest in the Grog property and Northwest property (which is comprised of the Rim, Dome and Bonanza properties) located in New Brunswick (collectively, the “Properties”). The 70% interest in the Properties will be acquired by the Corporation pursuant to two amended and restated exploration and option agreements dated February 1, 2019, as amended, between the Corporation … Continue Reading

ROUYN-NORANDA, QC, April 1, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR1) is pleased to announce that it has completed a private placement by issuing 3,833,332 units at a price of $0.12 per unit, for gross proceeds to X-Terra Resources of $460,000.  Each of the units is comprised of one common share and one common share purchase warrant of X-Terra Resources.  Each warrant entitles its holder to acquire one additional common share X-Terra Resources at a price of $0.20 until April 1, 2021.

X-Terra Resources will use the proceeds from this private placement for … Continue Reading

ROUYN-NORANDA, QC, March 20, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) (“X-Terra“) is pleased to announce that it has entered into an asset purchase agreement (the “Agreement“) with a private prospector (the “Vendor“) pursuant to which X-Terra will acquire a 100% undivided ownership interest in nine (9) mining claims (the “Claims“) located in the Eeyou Istchee/Baie-James Territory in the Province of Québec and that are surrounded by X-Terra’s Ducran property. This acquisition will bring X-Terra’s total land position for the Ducran property to 75 mining claims covering an area of approximately 41 km2.

In consideration … Continue Reading

ROUYN-NORANDA, QC, Feb. 4, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) (“X-Terra“) is pleased to announce that it has reached an agreement with NBGold Inc. (the “Optionor“) to modify the terms and conditions of its previously-announced exploration and option agreement (the “Option Agreement“) dated November 16, 2018 for the acquisition of 34 mining claims comprising the Grog, Rim, Dome and Bonanza mining properties (the “Properties“) which are located approximately 30 kilometres (direct flight) south west of the town of Campbellton in the Province of New Brunswick, Canada.

Given the difficult market conditions prevailing in … Continue Reading

ROUYN-NORANDA, QC, Jan. 23, 2019 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) (“X-Terra“) is pleased to announce the completion of a High Resolution Helicopter-Borne Magnetic Survey on its wholly-owned Troilus-East project. The Troilus-East property is comprised of 92 mining claims covering a surface area of more than 50 km2 (see attached figure) located approximately 135 kilometres from the town of Chibougamau in the Province of Québec.

The Troilus-East property is located less than 2 kilometres from the former Troilus mine (2M oz Au + 70,000 tons of Cu) Québec, now owned by Troilus Gold Corp. … Continue Reading

ROUYN-NORANDA, QC, Nov. 19, 2018 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) (“X-Terra“) is pleased to announce, in connection with its previously-announced letter of intent, that it has entered today into a definitive exploration and option agreement (the “Option Agreement“) with NBGold Inc. and Tim Lavoie (the “Optionors“) pursuant to which X-Terra has an option (the “Option“) to acquire a 100% undivided ownership interest in 34 mining claims comprising the Grog, Rim, Dome and Bonanza mining properties which are located approximately 30 kilometres (direct flight) south west of the town of Campbellton in the Province of … Continue Reading

ROUYN-NORANDA, QC, Nov. 8, 2018 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) (“X-Terra“) is pleased to announce, in connection with the previously-announced signature of a letter of intent (the “Letter of Intent“) with NBGold Inc. and Tim Lavoie (the “Optionors“) for the acquisition by way of an option (the “Option“) of a 100% undivided ownership interest in 34 mining claims comprising four mining properties located approximately 30 kilometres (direct flight) south west of the town of Campbellton in the Province of New Brunswick, Canada (the “Properties“), that X-Terra has completed its due diligence on the acquisition … Continue Reading