XTRA ENERGY CORP - XTPT STOCK NEWS

Xtra Energy Corp. (OTC Pink:XTPT) has announced the results of a geological mapping and sampling program at its American Antimony Project near Eastgate, Nevada. The program, conducted between August 11th and 20th, 2024, revealed significant antimony mineralization along Bernice Canyon. Key findings include:

- Antimony values ranging from 98 ppm to 30.9% Sb
- Five grab samples of QSP-altered felsite with Sb values from 0.24 to 2.45%
- Four grab samples of felsite-hosted stibnite-rich veins with Sb values from 5.69-12.03%
- A northwest-to-north-trending felsite dike complex spanning 2.5 kilometers, closely associated with antimony mineralization

The company plans to secure permits for road repairs and undertake a drilling program to further explore the project's potential. CEO Mac J. Shahsavar expressed confidence in the project's long-term value for shareholders.

Xtra Energy (OTC Pink:XTPT) has announced a new antimony mine discovery on its recently expanded American Antimony Project. The company has released a 'First Look' video showcasing the site, geological formations, and historical workings. The video features footage of the discovery's scale and location, geological insights from the Head of Exploration, and highlights of underground exploration activities.

Mac J. Shahsavar, P.Eng., Chairman and CEO of Xtra Energy, expressed confidence that this new find will significantly contribute to the company's growth. The video is available on Xtra Energy's YouTube channel. The company plans to provide regular updates as the project progresses, with results from focused geological mapping and sampling at the AAP expected next.

Xtra Energy (OTC Pink: XTPT), a mineral exploration company focused on the American Antimony Project, has engaged Astra Audit and Advisory , a PCAOB-registered firm, to audit its financial statements for the fiscal years ending December 31, 2022, and 2023. This move is part of XTPT's preparation to become a fully SEC-reporting and transition from OTC markets to a senior exchange.

The engagement of a PCAOB-registered auditor is a important step in enhancing transparency and investor confidence. PCAOB-registered firms are subject to strict regulations and annual inspections, ensuring compliance with auditing standards and rules. This initiative aligns with XTPT's growth strategy and aims to increase shareholder value while providing greater certainty to current and future investors.

Xtra Energy Corp. (OTC Pink:XTPT) has reported high-grade antimony assay results from on-site stockpiles at its American Antimony Project near Fallon, Nevada. The assays revealed antimony content ranging from 160 ppm to 31%, with an average grade of 2.73% Sb across 4 tested piles, estimated at 10,000 tons. These results are important for the company's plans to initiate U.S.-based antimony production, a critical mineral used in various industrial applications.

The company estimates the potential value of the antimony in these stockpiles at $5,654,400, based on current market prices. Xtra Energy is accelerating its project timeline, planning further studies, permitting processes, and exploring strategic partnerships. The company aims to become the leading domestic supplier of antimony, contributing to national security and supply chain resilience.

Xtra Energy Corp. (OTC Pink:XTPT) has initiated field activities at its flagship American Antimony Project (AAP) in Nevada. The company has contracted geologist Robert Johansing to conduct geological mapping and sampling across the full 4,400 acres owned by Xtra Energy. This work aims to determine mineralization controls and develop a three-dimensional geological model.

The AAP area contains numerous historical antimony mines and prospects, associated with Miocene felsic dikes and sills intruding Triassic sedimentary rocks. Following this initial phase, the company plans to proceed with Phase Two drilling, subject to target delineation and BLM permit approval.

CEO Mac J. Shahsavar emphasized the importance of this foundational work in developing a comprehensive geologic and exploration model, which will guide future exploration efforts and strategic decisions.

Xtra Energy Corp. (OTC Pink:XTPT) has filed a NI 43-101 Technical Report for its American Antimony Project in Nevada. The report, prepared by Nebu Consulting, LCC, outlines recommendations for a comprehensive surface mineral exploration program. The company plans to conduct Phase 1 - MAPPING & SAMPLING, followed by Phase 2 - DRILLING. These efforts aim to develop a three-dimensional geological model of the property.

Mac J. Shahsavar, Chairman and CEO, stated that the completed 43-101 report enhances the project's legitimacy and appeal to potential partners and investors. The report also highlights the possibility of silver deposits at depth. Xtra Energy is currently in discussions with vendors to commence the exploration programs and will provide updates as they begin.

Xtra Energy (OTC PINK:XTPT) announced the acquisition of the Antimony King Mine in the Bernice Mining District of Nevada. This mine, the largest past-producer of antimony in the region, spans four lode claims covering around 80 acres. The acquisition aims to unify the district and enhance the company's flagship project, American Antimony. The site has historically produced stibnite, gold, and cervantite, with reported antimony grades of 12.71% to 33.42%, and selective mining capable of yielding 60% antimony ore.

The consideration for the acquisition involves issuing 2,500 preferred shares, convertible to 5 million common shares of XTPT. Xtra Energy's leadership views this strategic move as a step towards becoming a leading antimony asset in the U.S. The company plans to leverage this acquisition to reshape the antimony market landscape and provide long-term access to this critical metal.

Xtra Energy Corp. has engaged Avrom E. Howard, MSc, PGeo, to conduct a NI 43-101 Technical Report on the American Antimony Project near Eastgate, Nevada. This development is a significant step forward in the exploration and potential development of the project. The project is located approximately 31 miles northeast of Eastgate, Nevada, and Xtra Energy holds 100% ownership of a 4276-acre property with historical antimony mines. Avrom E. Howard is an experienced exploration geologist with international expertise in various mineral commodities and geological settings. He has the necessary qualifications to provide this report in accordance with NI 43-101 guidelines. Xtra Energy's Chairman and CEO, Mac J. Shahsavar, P.Eng., is optimistic about the collaboration and the insights it will bring to the company's strategic decisions.

Xtra Energy Corp. presents a Google Earth tour showcasing high-resolution satellite imagery results for its American Antimony Project near Eastgate, Nevada. The company, focused on antimony exploration, owns a 207-lode, 4276-acre project in the Bernice Mining District. The video highlights historic antimony mines and the analysis conducted by DIRT Exploration using various satellite imaging techniques. Xtra Energy aims to leverage these findings to become a major antimony supplier.