Announcement • Jan 13
Xtra Energy Corp. Initiates Critical Permitting Phase for the American Antimony Project Xtra Energy Corp. announced the commencement of key permitting for its American Antimony Project located in the Bernice Canyon of Churchill County, Nevada. The company anticipates this significant milestone to mark the next phase in the project's development, positioning it as a pivotal asset in United States antimony production. The initiation of the permitting process with Trinity Consultants - WestLand underscores the company's commitment to adhering to local and international regulatory standards while ensuring environmental stewardship and sustainable practices. Xtra Energy is working closely with environmental consultants, community stakeholders, and local government bodies to facilitate a smooth and transparent permitting process. Xtra Energy anticipates that this process will encompass the restoration of the historic road leading to the Antimony King mine. The purpose of this recovery is to gain access to several sites within Bernice Canyon to drill and test the mineralized felsite dike near the Arrance, King Solomon, and Antimony King mines. A Reverse Circulation (RC) drilling program is likely to best address the need for quality samples along the felsite dike complex's strike. In addition to facilitating exploration activities, gaining road access will enable Xtra Energy to test existing antimony stockpiles for potential third-party sale or supply agreements. This strategic move could provide an early revenue stream and strengthen the company's position in the antimony market. The company plans to evaluate the quality and quantity of these stockpiles to assess their commercial viability. XTPT must obtain a permit from the BLM to achieve these goals. Given the projected physical impact of less than 5 acres, management anticipates completing a Notice of Intent (NOI) within a few weeks and receiving approval within 30 days of completion and submission. Announcement • Oct 11
Xtra Energy Corp. Initiates Petrographic Studies for the American Antimony Project Xtra Energy Corp. announced 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. 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 flameretardants, 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. Announcement • Sep 23
Xtra Energy Corp. Announces the Results of the Recently Completed Mapping and Sampling Program At the American Antimony Project Near Eastgate, Nevada Xtra Energy Corp. announced the results of a geological mapping and sampling program completed on the American Antimony Projectbetween August 11th and August 20th by Robert Johansing, MSc, PG, QP, a California-based consulting geologist with extensive experience in Nevada, the southwestern United States, and beyond. Bernice Canyon, which spans the property from northwest to southeast over several kilometers, features a series of historical antimony mines on both sides. A total of twenty-one samples were collected from dumps and stockpiles scattered along the canyon floor, along with several exposures of the felsite dike complex itself. Antimony values range from 98 ppm to 30.9% Sb; in general, antimony values correlate with the sample's visible stibnite. Five grab samples of the spread-out, spheroidal stibnite hosted in the QSP-altered felsite had Sb values ranging from 0.24 to 2.45%. This style of mineralization appears to be volumetrically more important than the higher-grade vein-type occurrences. the company collected four grab samples of felsite-hosted stibnite-rich veins; the Sb values ranged from 5.69-12.03%. A pile of mostly vein-type minerals, composed of milky-white quartz and ankerite/iron oxides, had the highest value of 30.89% Sb. A northwest-to-north-trending felsite dike complex, which traces for at least 2.5 kilometers (1.55 miles), is closely associated with antimony mineralization. The dike is composite and may consist of up to three parallel splays; it dips steeply from 70 to 90 degrees, bends clockwise to the north in its northern extent, and varies in width from a few meters to roughly 10 meters (33 feet). The dike is fine-grained, pale-white in color, widely altered to quartz-sericite-pyrite ("QSP"), and invaded by stibnite (an antimony sulfide-Sb2S3), manifesting as spheroidal disseminations, sulfide veinlets, and quartz-stibnite-ankerite veinlets in fractures that reach widths of up to 5 centimeters (2 inches) each. The sub-horizontal and sub-vertical fracture-fill veinlets made of massive stibnite have the highest antimony grades. However, the disseminated mineralization style is widespread along the dike complex, and volumetrically, samples may be significant because they contain up to 2.45% Sb. There were no other metals present and the QSP change was widespread and continuous. This suggests a major hydrothermal event caused by magma rather than a more common low-temperature antimony system far away. The close spatial relation between the felsite dike complex and stibnite mineralization is clear and presents an important target for ongoing exploration along the more than 1.55-mile-long exposed strike of this dike complex. The historical road along the canyon floor provides simple access to all of the important historical mines located along the flanks of Bernice Canyon. At stations along the road, initial drilling can be done to test the two main splays of this dike complex at different depths along its strike length. This will give a rough idea of how much antimony is contained. The company's exploration team will now focus on securing the necessary permits to repair sections of this road and undertake a drilling program.