ROUYN-NORANDA, QC, Nov. 23, 2017 /CNW Telbec/ - X-Terra Ressources Inc. (TSXV: XTT) (FRANKFURT: XTR) is pleased to announce the completion of a till sampling program on its 100% owned Troilus East property located in the Eeyou Istchee/Baie James Territory, located 1.5 kilometres from the former operating Troilus Mine site. Pitchblack Resources Ltd. is currently in the process of acquiring an option held by Sulliden Mining Capital Inc. to acquire a 100% interest on the former operating Troilus Mine from First Quantum Minerals Ltd.
A total of 78 samples were collected in October 2017 as part of a program designed to better define new potential gold target zones (see attached map). The use of glacial till as a prospecting medium on the Troilus East property has the potential to be highly effective because the till is derived from the erosion of bedrock during glaciation and thus may contain gold grains from any mineralized zones that were in contact with the ice sheet. Any available gold grains would be transported down-ice to form dispersal anomalies, or "trains", oriented in the direction of ice flow, which is southwest-northeast on the Troilus East property.
The glacial till sampling program was performed by IOS Geoservices, a well-known specialist in glacial till sampling, processing and interpretation of surficial geological processes. Till samples weighing approximately 10 kilograms were collected at approximately 250 metre intervals on lines spaced 2.5 to 3 kilometres apart and oriented perpendicular to the southwest-northeast direction of glaciation.
All samples will be submitted for analysis using the ARTGoldTM: Advanced Recovery Technology for Gold (an exclusive technology for the recuperation of gold grains in till). Results are expected at the beginning of 2018.
"This till program provided X-Terra Resources a cost effective exploration method at Troilus' drift covered terrain to determine if a possible gold source is present on the property" stated Michael Ferreira, President and Chief Executive Officer of X-Terra Resources.
X-Terra Resources wishes to invite investors to review its updated November 2017 investor presentation available on its website at www.xterraresources.com.
Qualified person
Jeannot Theberge, PGeo, a consultant to X-Terra Resources, is the qualified person for the Troilus East property under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, responsible for the technical contents of this news release, and has approved the disclosure of the technical information contained herein. The data verification was conducted by Jeannot Theberge, P.Geo. under the supervision of Michel Chapdelaine, Vice-President of Exploration and Development of X-Terra Resources.
About X-Terra Resources Inc.
X-Terra Resources is a resource company focused on acquiring and exploring precious metals properties in Canada.
Forward-Looking Statements
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SOURCE X-Terra Resources Inc.
