(TheNewswire)
TheNewswire - May 6, 2021 - Xander ResourcesInc . (TSXV:XND) (FSE:1XI) (OTC:XNDRF) (" Xander " or the" Company ") is excited to announce that geophysical exploration has commenced targeting the Lithium Geology thathas been identified on the West side of the Senneville Claim Group inVal-d’Or, Quebec.
The Company has commenced a Magnetometer and Beep MapSurvey on the Senneville West claimgroup that has been identified as a well-positioned Lithiumexploration area at the fringe of the La Corne Batholith .The current program is designed to identify potential targets for moredetailed follow-up exploration. The Company currently holds acontiguous land package of over 24,000 acres approximately 30 km Northof Val-d’Or, Quebec.
The geology is hosted in the La Corne Pluton and inclose proximity to the North American Lithium Deposit with proven andprobable reserves of 17.06 Mt grading 0.94% Li 2 O, and measured and indicatedresources of 33.24 Mt grading 1.19% Li 2 O ( http://na-lithium.com/projects ); Great Thunder Gold ( CSE: GTG ) Chubb Lithium property and East ofthe Sayona Mining ( ASX:SYA ) Authier Lithium Deposit. Road access,infrastructure and outcrop exposures are excellent on the property andit is in a prolific lithium bearing pegmatite field.
James Hirst, CEO of Xander states, “Federal andProvincial support for the development of the Canadian EV industry hasstimulated the search and development of satellite hard rock lithiumdiscoveries in Quebec. Once again Xander haspositioned itself in a strategic location to take advantage of thispotential opportunity.”
Cautionary Statement: Investors arecautioned that the above information and the information on theadjacent properties is taken from the publicly available sources. TheCompany has not been able to independently verify the informationcontained. The information is not necessarily indicative of themineralization on the Property, which is the subject of this newsrelease. The Company will need to conduct exploration to confirmhistorical mineralization reported on the property and there is noguarantee that significant discovery will be made as a result of itsexploration efforts. The Company is in the process of compilingexploration and geological data available on the property andsurrounding area to develop an exploration work plan.
ON BEHALF OF THE BOARD OFDIRECTORS
James Hirst, CEO
Tel: (236) 607-5490
Email: jimh@xanderresources.ca or info@xanderresources.ca
Website: www.xanderresources.ca
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