ROUYN-NORANDA, QC, June 30, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce the beginning of a summer exploration program on its flagship Veronneau project following the closing of the $1.3 million financing in May 2017. The summer 2017 exploration program of approximately $500,000 should be completed by the end of the month of July 2017.

The exploration program led by Mr. Michel Chapdelaine will be performed by X-Terra Resources’ consultant IOS Geoservices and will be comprised of exploration, stripping, channel sampling and detailed mapping of more than 30 priority targets … Continue Reading

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ROUYN-NORANDA, QC, June 16, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) is pleased to announce that it has held a second and final closing of its previously-announced private placement by issuing an aggregate of 762,500 units at a price of $0.24 per unit, for gross proceeds to X-Terra Resources of $183,000.  Each of the units is comprised of one common share and one-half of a common share purchase warrant.  Each whole warrant will entitle the holder to acquire one … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

ROUYN-NORANDA, QC, May 25, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) is pleased to announce that it has held a first closing of its previously-announced non-brokered private placement by issuing 4,654,166 units at a price of $0.24 per unit for gross proceeds to X-Terra Resources of $1,117,000.  Each of the 4,654,166 units is comprised of one common share and one-half of a common share purchase warrant. Each whole warrant entitles its holder to acquire one additional common share of … Continue Reading

ROUYN-NORANDA, QC, May 12, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) is pleased to announce that it will increase the size of its previously-announced non-brokered private placement. X-Terra Resources will now conduct a private for a maximum amount of $1,300,000 by issuing a maximum of 5,416,666 units at a price of $0.24 per unit. Each of the units will consist of one common share in the capital of X-Terra Resources and one-half of a common share purchase warrant. Each full warrant will entitle its holder to purchase one additional common share of X-Terra Resources … Continue Reading

ROUYN-NORANDA, QC, May 8, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) announces that it will effect a non-brokered private placement in a maximum amount of $1,175,000 by issuing a maximum of 4.7 million units at a price of $0.24 per unit.  Each of the units will consist of one common share in the capital of X-Terra Resources and one-half of a common share purchase warrant.  Each full warrant will entitle its holder to purchase one additional common share of X-Terra Resources at an exercise price of $0.35 for a period of 24 months from … Continue Reading

ROUYN-NORANDA, QC, May 5, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) and (FRANKFURT: XTR) announces that it proposes to issue 400,000 common shares in settlement of a debt in an amount of $100,000 (the “Debt Settlement”). The debt resulted from exploration services provided by an arm’s length consultant of X-Terra.

The common shares to be issued pursuant to the Debt Settlement will be issued at a deemed price of $0.25 per share and will be subject to a four-month hold period pursuant to applicable securities legislation and the policies of the TSX Venture Exchange.

The Board of … Continue Reading

ROUYN-NORANDA, QC, May 1, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce it has received the final results and interpretation of an airborne geophysical survey on its Veronneau property from MB Geosolutions.

The survey conducted by SkyTEM is very positive and has identified multiple apparent new precious metal targets. More than 1,400 electromagnetic (EM) conductors have been characterized and traced as a multitude of conductive horizons. Advanced data processing of the magnetic data has also highlighted major and minor interpreted structures, potentially favorable for gold mineralization. A careful geophysical analysis of the … Continue Reading

ROUYN-NORANDA, QC, March 6, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) announces the completion of the initial payment pursuant to its previously-announced exploration and option agreement for the acquisition of up to a 60% ownership in the Veronneau Property.  X-Terra Resources paid an aggregate amount of $100,000 and issued an aggregate of 1,250,000 common shares to the optionors as initial payment in order to obtain the right to explore and option the Veronneau Property (see X-Terra Resources’ press release dated January 17, 2017 for more information on the exploration and option agreement).

X-Terra Resources also … Continue Reading

ROUYN-NORANDA, QC, Feb. 15, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce it has completed a 1,226 line-kilometre SkyTEM312 TDEM airborne geophysical survey over the Veronneau property.

Marc Boivin from MB Geosolutions is currently completing a specialized geophysical processing and interpretation on the Electromagnetic Magnetic data to identify major structures in the Veronneau property area as well as conductors. This data will help X-Terra Resources to develop the best exploration plan for the Veronneau property, including ground geophysics, mapping, and sampling, followed by target delineation and drilling if deemed necessary.

Highlights:

The … Continue Reading

ROUYN-NORANDA, QC, Feb. 7, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce that it has completed 50 percent of its previously-announced airborne geophysical survey over the Veronneau property ahead of schedule.

Michael Ferreira, President and Chief Executive Officer of X-Terra Resources states “The SkyTEM survey was designed to identify electromagnetic conductors with or without magnetic association that could represent new high grade gold deposits in the area. The speed and quality of the survey to date has exceeded our expectations.”

Completion of the airborne geophysical survey is expected by February 11, … Continue Reading

ROUYN-NORANDA, QC, Feb. 2, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) reports that it has initiated an airborne geophysical survey over the Veronneau property, recently optioned by X-Terra, located in the Eeyou Istchee/James Bay territory. SkyTEM Canada Inc. has been engaged to conduct a 1,225 line kilometre airborne survey. SkyTEM will be utilizing its SkyTEM312 TDEM system to complete the survey over the next few weeks. In addition, Marc Boivin from MB Geosolutions has been engaged as the geophysicist to interpret and verify the results as they become available.

The airborne survey is being … Continue Reading

ROUYN-NORANDA, QC, Jan. 19, 2017 /CNW Telbec/ – X-Terra Resources Inc. (TSXV: XTT) is pleased to announce that its Board of Directors has appointed Mr. Michel Chapdelaine to X-Terra Resources’ Board of Directors and to its technical committee.

Mr. Michel Chapdelaine holds a bachelor degree in geological engineering with over 25 years of experience in the exploration, mining and drilling industry, including internationally. As Senior Supervisor Geologist with Virginia Gold Mines, Mr. Chapdelaine has been involved and was responsible for a number of gold and base metals discoveries in James Bay and Northern Québec, including the Coulon base … Continue Reading