(TheNewswire)
TheNewswire - April 20 th , 2021 - Xander Resources Inc .( TSXV:XND ) (FSE:1XI ) ( OTC:XNDRF ) (" Xander " or the " Company ") ispleased to announce that, further to the Company’s news release ofApril 6, 2021, a successful three-hole initial drill program has beencompleted on the SennevilleClaim Group South/East Properties . All the coreshave been logged and split and 621 samples will be forwarded for analysis toALS in Val-d’Or, Quebec.
HIGHLIGHTS
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- Identified favorable host structures in all threeholes.
- Host structures intersections that historically areknown to host gold mineralization in Val-d’Or.
- Completed logging and splitting of core from allthree holes totaled 980 meters
- All holes drilled into identified structures to testfor new Gold mineralization throughout all horizons.
- Three holes drilled confirmed that the gold mineralization extends to date over 361meters along strike.
- Brecciation is consistent with epithermal goldmineralization. Company observed significant brecciation and sulfide mineralization in drillcores .
- Drill core samples to be processed in the lab andresults anticipated in due course.
- Additional drilling planned based on outcome ofinitial program.
- Former operator of 2012 drill program on-site andconfirmed holes encountered same gold bearing mineralization as inprevious hole SV-12-01 and SV-12-03.
The Senneville South and East Properties are part ofthe Company’s Senneville Claim Group comprising Senneville South,Senneville East and Senneville West, all situated in the EasternRegion of the Val-d’Or Gold Camp. Xander’s Senneville Claim Groupis comprised of over 23,000acres and is contiguous in the South to Probe Metals Inc. (TSXV:PRB), contiguous with Monarch Mining Corporation (TSX:GBAR) to the North/East and adjacent to Eldorado GoldCorporation (TSX:ELD ) in the South.
The operator of the previousdrilling o n the SennevilleClaim Group conducted in 2012 was present at the drill site andconfirmed that the mineralization encountered in the current drillprogram was the same as in SV-12-01 whichreturned 9.79gpt. /1.0mAu (ref: GM68366) and SV-12-03 which returned 11.03gpt /1m Au (ref: GM68366). The current drilling covered approximately 361 meters along strike also encountered the same mineralization in allthree holes. Other areas of the Senneville Claim Group have not beensystematically explored for gold as the focus of historical work waslargely on the VMS (volcanogenic massive sulfide ore deposits)potential.
James Hirst, CEO of the Company stated, “The first 3of 9 holes have been completed and the geologists are pleased with theprogress. The next 6 drill holes will continue to test the strikelength and extend it further. The systematic approach and compilation efforts over the last year are truly payingdividends as the more work we put into the Senneville Claim Group themore understanding we have, and the more accreditive are theClaims.”
About Xander Resources:
Xander Resources Inc. is a junior exploration companyfocused on developing accretive gold properties within Canada. TheCompany currently has a focus on projects located in three gold campson the Abitibi GreenstoneBelt within the Province of Quebec.
Daniel Turcotte, P.GEO. an Independent Qualified Person(“ QP “) as such term is defined by National Instrument 43-101– Standards of Disclosurefor Mineral Projects , has reviewed and approvedthe geological information reported in this news release.
ON BEHALF OF THE BOARD OFDIRECTORS
James Hirst, CEO
Tel: (236) 607-5490
Email: jimh@xanderresources.ca
Website: www.xanderresources.ca
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