(TheNewswire)
TheNewswire - November 2, 2020 -Xander Resources Inc. (TSXV:XND) (FSE:1XI) (OTC:XNDFR)("Xander" or the "Company") is pleased to announcethat initial historical compilation work has been completed by OrixGeoscience Inc on its optioned Senneville East and Senneville Southclaim groups. The Senneville East group claims are bounded to theNorth by Monarch Gold'sMcKenzie Break Property and contiguous to theSouth by Probe Metal's Vald'Or East property , both of which have hadrecent successful golddiscoveries .
Xander's Senneville Claim Groups are located in theeastern part of the Abitibi Greenstone Belt, about 25 km northeast ofthe gold mining centre of Val-d'Or. They comprise 158 claims in threegroups which extend from the Lacorne Batholith in the west to thecontact area of the PascalisBatholith in the east , where Probe Metal new discoveries on the PascalisGold Trend at Val-d'Or East Project, Quebeccontinue to shine. (Probe Metal press release Oct. 26, 2020)
The Senneville Claim Groups are underlain primarily bythe Garden Island sediments in the south and in the north by theLanaudiere Group of basalts, mafic volcaniclastics, and narrow unitsof komatiite and ultramafic to gabbroic sills. All of these units'trend west-northwest and their contacts are usually dextral or reversedextral faults with steep northerly dips (ref: previous Xanderreleases). Gold-bearing zonesin the area are associated with shear zones,faults, tension fractures and tectonic breccias and generallyassociated with syn-volcanic intrusions (ref: GM68366 garden islandreport page 24 (section deposit type)).
The historical compilation work included acquiring andintegrating all historical government and assessment reports, buildinga 2D GIS dataset including georeferencing historical maps anddigitizing key geological features such as structures, trenches andsurface sample locations and finally, a review of historicaldrillholes that intersected gold mineralization. The purpose of thehistorical compilation was to build a complete dataset ahead of afall/winter exploration program which is being designed to validatehistorical work.
The majority of gold exploration in the past has beenfocused around the Gustave C e r e Showing in theSenneville South Claim Group. Historical grab samples have yielded up to 49.5gptAu (ref: map from GM68366), channel samples ofup to 6.5gpt over 1.8 m Au (ref: map from GM68366] and multipleintersections in drilling including SV-12-01 with 9.70gpt /1.0m Au (ref:GM68366). The C e r e Showing hasbeen defined by drilling for 180m along strike. In addition, SV-12-03which targeted the ESE extension of the showing intersected 11.03gpt /1m (ref: GM68366) occurring approximately 296m to the east along strike . Other areas of the Senneville South and East claim groups have not been systematically explored for gold as the focus of historicalwork was largely on the properties' VMS potential.
Xander will be mobilizing to the Senneville ClaimGroups to carry out further validation next week, followed up by adrilling campaign.
About Xander Resources:
Xander Resources is a junior exploration companyfocused on developing accretive Gold properties within Canada. TheCompany currently has a focus on projects located within the Provinceof Quebec.
Daniel Turcotte, P.GEO. an Independent Qualified Person(" QP ") as such term is defined by National Instrument 43-101- Standards of Disclosure forMineral Projects , has reviewed and approved thegeological information reported in this news release.
The QP has not completed sufficient work to verify thehistoric information on the Properties, particularly in regard tohistorical exploration, neighbouring companies, and governmentgeological work. The information provides an indication of theexploration potential of the Xander property but may not berepresentative of expected results.
ON BEHALF OF THE BOARD OFDIRECTORS
James Hirst , CEO
Tel: (778) 998-9257
Email: jimh@xanderresources.ca
Website: www.xanderresources.ca
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