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 Corporation (XTPT) is a Nevada-based exploration company focused on advancing its American Antimony project through advanced geological methods and NI 43-101 compliant studies. This page provides investors and industry observers with direct access to official corporate announcements, technical reports, and operational updates.
Discover timely information on resource estimates, exploration milestones, and strategic initiatives. Our curated news collection includes press releases detailing geochemical assay results, satellite mapping progress, and compliance updates. All content is sourced directly from company filings and verified industry partners.
Key updates cover three critical areas: mineral resource validation through petrographic analysis, exploration technology deployments including high-resolution satellite surveys, and regulatory developments impacting antimony supply chains. Bookmark this page to monitor XTPT's progress in consolidating historic mining claims and modernizing exploration methodologies.
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.
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.
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.
