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Xtra Energy Corp. Announces Another Exciting New Antimony Mine Discovery with Release of First Look Video

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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.

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Positive

  • Discovery of a new antimony mine on the expanded American Antimony Project
  • Release of a 'First Look' video showcasing the discovery and exploration activities
  • Potential for significant contribution to company growth according to CEO

Negative

  • None.

News Market Reaction 1 Alert

-3.66% News Effect

On the day this news was published, XTPT declined 3.66%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AUSTIN, TX / ACCESSWIRE / September 18, 2024 / Xtra Energy Corporation (OTC Pink:XTPT), an antimony exploration company focused on the development of the American Antimony Project, is thrilled to announce the unveiling of a new mine discovery on the recently completed expansion project announced earlier this year (see 3/6/24 Press Release). This significant find marks a major milestone in the company's efforts to identify high-grade antimony resources for its growing project.

To provide investors, stakeholders, and the public with an inside look, Xtra Energy has produced a "First Look" video showcasing the site, geological formations, and historical workings. The video features:

  • Footage: Capturing the discovery's scale and location.

  • Geological Insights: Commentary from the company's Head of Exploration, explaining the potential.

  • Underground Exploration: Highlights of the exploration team's work, giving viewers an up-close look at exploration activities.

Mac J. Shahsavar, P.Eng., Chairman and CEO of Xtra Energy Corporation Commented
"We are incredibly excited to share this discovery with our shareholders and the mining community. The results so far are highly encouraging, and we are confident that this new find will significantly contribute to the growth of Xtra Energy. Our team's hard work continues to pay off, and we look forward to advancing this project as quickly as possible."

The First Look video is now available on the company's YouTube channel:CLICK HERE.

Xtra Energy will continue to provide regular updates as the project progresses, with results from the focused geological mapping and sampling at the AAP due up next.

Contact & Learn More:

Xtra Energy Corporation
Phone: 512-412-3636

Corporate Website: https://americanantimony.com/
Corporate Linkedin: https://www.linkedin.com/company/xtra-energy-corp/
Corporate Twitter: https://twitter.com/xtra_corp
Corporate Instagram: https://www.instagram.com/xtraenergycorp/
Corporate Facebook: https://www.facebook.com/profile.php?id=100093057374695

About Xtra Energy Corporation

Xtra Energy Corp. is an antimony exploration company focused on developing its flagship project "American Antimony", approximately 31 miles northeast of Eastgate, Nevada. Xtra Energy Corp. holds a 100% ownership in 214 lode claims or 4,021 acre antimony project including the historically documented Antimony King Mine and covering all other documented antimony producers of the Bernice Mining District. The Company is seeking to develop this expanding portfolio of potential antimony-rich assets to become a major supplier of antimony-based products.

FORWARD-LOOKING STATEMENTS:

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/XTPT/disclosure.

SOURCE: Xtra Energy Corp.



View the original press release on accesswire.com

FAQ

What new discovery has Xtra Energy (XTPT) announced?

Xtra Energy (XTPT) has announced the discovery of a new antimony mine on their recently expanded American Antimony Project.

How is Xtra Energy (XTPT) showcasing its new antimony mine discovery?

Xtra Energy (XTPT) has released a 'First Look' video on their YouTube channel, showcasing the site, geological formations, and exploration activities of the new antimony mine discovery.

What does the CEO of Xtra Energy (XTPT) say about the new antimony mine discovery?

Mac J. Shahsavar, CEO of Xtra Energy (XTPT), stated that the new antimony mine discovery is expected to significantly contribute to the company's growth and that the results so far are highly encouraging.

What upcoming updates can investors expect from Xtra Energy (XTPT) regarding the American Antimony Project?

Investors can expect regular updates from Xtra Energy (XTPT), with the next update to include results from focused geological mapping and sampling at the American Antimony Project.
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