STOCK TITAN

XTRA ENERGY CORP - XTPT STOCK NEWS

Welcome to our dedicated page for XTRA ENERGY news (Ticker: XTPT), a resource for investors and traders seeking the latest updates and insights on XTRA ENERGY stock.

Xtra Energy Corp. (XTPT) is an antimony exploration company focused on developing its flagship project, American Antimony, in Churchill County, Nevada. The company holds a 100% ownership in a 211 lode claim covering the historically documented Antimony King Mine. Their recent achievements include confirming high-grade antimony presence through lab results and satellite imagery analysis. Xtra Energy Corp. aims to be a major supplier of antimony-based products by expanding its antimony-rich assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.98%
Tags
none
-
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.03%
Tags
none
-
Rhea-AI Summary
Xtra Energy Corp. completes a 200-acre expansion to secure full ownership rights to the UBet Mine and a portion of the Hoyt Mine, bringing their total ownership rights to fifteen historically documented antimony mines over 1632 acres in Nevada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.09%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.28%
Tags
none
Rhea-AI Summary

Xtra Energy Corp. (OTC PINK:XTPT) has completed a 20-acre expansion to gain full ownership of the historically significant Drumm Mine, increasing its ownership to 1,425 acres across 14 documented antimony mines in Nevada's Bernice Mining District. The Drumm Mine features historical production records, including a 1940 output of 28 tons of ore averaging 52% antimony. Chairman Mac J. Shahsavar emphasized that consolidating smaller operations can enhance efficiency, safety, and environmental management, leading to a more sustainable and profitable mining industry. This strategic move positions XTPT to capitalize on its expanding portfolio of antimony-rich assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.41%
Tags
none
-
Rhea-AI Summary

Xtra Energy Corp. (OTC PINK:XTPT) announced the confirmation of four additional historical antimony mines in its American Antimony project, expanding its total claims to thirteen. The new groups include the Blue Bird, Blue Jacket, Far South Marguerite Prospect, and Blue Eagle, all enhancing the company's positioning in the antimony market. With Chinese and Russian dominance over antimony production raising supply concerns, Chairman Mac J. Shahsavar emphasized the importance of reviving U.S. antimony deposits for national security. The project spans 1,400 acres in Nevada, reinforcing XTPT's commitment to become a leading antimony supplier.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
none
-
Rhea-AI Summary

Xtra Energy Corp. (XTPT) announced the completion of an 80-acre expansion to gain full ownership rights of the Lofthouse Mine, historically a significant antimony producing site. Located near the American Antimony Project in Nevada, this expansion increases the company’s total holdings to nine historically documented antimony mines over 1400 acres. According to Chairman Mac J. Shahsavar, this acquisition marks a crucial advancement in reviving the Bernice Mining District, with antimony's growing industrial importance highlighted.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
none
Rhea-AI Summary

Xtra Energy Corp. (OTC PINK:XTPT) has appointed Keith Diegel as the Exploration Geologist for its American Antimony Project for the 2023 and 2024 seasons. Diegel brings extensive expertise in subsurface mapping, ore control, and geochemical analysis, having worked previously with Sibanye-Stillwater on platinum projects. Chairman Mac J. Shahsavar emphasized Diegel's crucial role in guiding the project's direction. The company holds a 100% ownership of a 64 lode claim, 1320-acre antimony project near the historical Antimony King Mine in Nevada, seeking to become a major supplier of antimony-based products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.83%
Tags
none

FAQ

What is the current stock price of XTRA ENERGY (XTPT)?

The current stock price of XTRA ENERGY (XTPT) is $0.2225 as of January 29, 2025.

What is the market cap of XTRA ENERGY (XTPT)?

The market cap of XTRA ENERGY (XTPT) is approximately 45.9M.

What is Xtra Energy Corp. focused on?

Xtra Energy Corp. is focused on developing its flagship antimony project, American Antimony, in Churchill County, Nevada.

What ownership does Xtra Energy Corp. hold in the Antimony King Mine?

Xtra Energy Corp. holds a 100% ownership in the Antimony King Mine.

What recent achievements has Xtra Energy Corp. made?

Xtra Energy Corp. has confirmed the high-grade antimony presence through lab results and satellite imagery analysis.

What is the goal of Xtra Energy Corp.?

Xtra Energy Corp. aims to become a major supplier of antimony-based products by expanding its antimony-rich assets.

Where is the American Antimony Project located?

The American Antimony Project is located approximately 31 miles northeast of Eastgate, Nevada, in Churchill County.

Who is the Chairman and CEO of Xtra Energy Corp.?

The Chairman and CEO of Xtra Energy Corp. is Mac J. Shahsavar, P.Eng.

What type of rock composition surrounds the Antimony King Mine?

The surrounding rock composition consists of latite, a type of volcanic rock.

What was the acquisition consideration for the Antimony King Mine?

The issuance of 2500 preferred shares, equivalent to 5 million common shares of XTPT, served as the consideration for the acquisition of the Antimony King Mine.

Who were the historic owners of the Antimony King Mine?

The historic owners of the Antimony King Mine were the Domonoske Family.

What is the long-term goal of Xtra Energy Corp. with the Antimony King Mine acquisition?

Xtra Energy Corp. aims to bring extraordinary value to stockholders by unifying the district, reshaping the antimony market, and providing new prospects for reliable access to this critical metal.
XTRA ENERGY CORP

OTC:XTPT

XTPT Rankings

XTPT Stock Data

45.92M
201.35M
0%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Austin