Xander Resources : Drilling Crew and Equipment Mobilized to Val-d'Or Gold Camp - Senneville Claim Group

(via TheNewswire)

TheNewswire -March 30, 2021-Xander Resources Inc. (TSXV:XND)(FSE:1XI)(OTCQB:XNDRF)(“Xander” or the “Company”) is pleased to announce that Magnor Exploration Inc., a drilling crew, and geological staff have been mobilized to theSenneville Claim Groupin the eastern region of theVal-d’Or Gold Campwhere drilling is now scheduled to commence once set-up is complete.  Despite previous delays beyond the control of Xander, the Company is now ready to start the first 3 drill holes of its 9-hole maiden drilling program on the Senneville Claim Group.

 

Xander plans to drill the first 3 holes of a 9-hole program totaling over 3,000 meters to confirm the successful drilling conducted on the property in 2012 (reported in the Xander’s press release dated November 19, 2020). The sites have been prepped with drill pads which are just offRoute 397 Nord and 22 km North of Val-d’Or, Quebec.Gold-bearing zones in this areaare associated with shear zones, faults, tension fractures and tectonic breccias and generally associated with syn-volcanic intrusions (ref: GM68366 garden island report page 24 (section deposit type)).

 

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Xander’s Senneville Claim Group comprise of over90 sq. kmand is contiguous in the South toProbe Metals’new discovery, and contiguous in the North toMonarch Miningand in close proximity toQMX Gold’s(soon to beEldorado Gold) projects in theVal-d’Or Gold Camp.The Senneville Claim Group is located in the eastern part of theAbitibi Greenstone Belt, about 25 km northeast of the gold mining center of Val-d’Or, Quebec. The claims extend from the Lacorne Batholith in the west to the contact area of the Pascalis Batholith in the east and are contiguous toProbe Metals’new discovery.(Probe Metal press release Oct. 28, 2020).

James Hirst, CEOstated, “Finally after several delays beyond our control we are starting our first drill program on the Senneville Claim Group.Monarch Miningare currentlycontinuing an exploration programon strike and contiguous toXanderand we are contiguous toProbe Metalswho are currently active on their Pascalis Gold Trend where they announced drilling results of5.9 g/t Au over 9.2 meters. Probe Metals also announced the discovery of two new gold zones in the area, one of which returned94.1 g/t Auover 0.6 meters.  To the south and contiguous to Probe Metals isQMX Gold(soon to beEldorado Gold)who are expanding their Bonnefond deposit where they reported6.48 g/t Au over 73.2meters. To our north we are contiguous toMonarch Mining Corporation (TSX:GBAR), formerlyMonarch Goldwho, on November 2, 2020, announced acquisition byYamana Goldfor approximately $152 million, of their Wasamac underground project. Wasamac has proven and probable reserves of 1.8 million ounces of gold at2.56 g/t.”

About Xander Resources:

Xander Resources is a junior exploration company focused on developing accretive Gold properties within Canada. The Company currently has a focus on projects located in three gold camps on the Abitibi Greenstone Belt 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 Disclosure for Mineral Projects, has reviewed and approved the geological information reported in this news release.

The QP has not completed sufficient work to verify the historic information on the Properties, particularly in regard to historical exploration, neighboring companies, and government geological work. The information provides an indication of the exploration potential of the Xander property but may not be representative of expected results.

ON BEHALF OF THE BOARD OF DIRECTORS

James Hirst, CEO
Tel: [phone]
Email:[e-mail] 
Website: www.xanderresources.ca

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