Xtra Energy Corp Announces the First Look at the Historic I.H.X. Mine, Video Attached
Xtra Energy Corp. (OTC Markets:XTPT) has unveiled the I.H.X. Mine, located near the Arrance Antimony Prospect within its 100% owned American Antimony #03 lode claim. The I.H.X. Mine has historical significance, producing high-grade antimony during World Wars. Chairman Mac J. Shahsavar emphasized its potential for revival to meet America's growing demand for antimony. The mine features extensive geological formations, including stibnite deposits, and is ripe for further exploration. The company aims to position itself as a major supplier of antimony-based products through its comprehensive asset portfolio.
- I.H.X. Mine has historical production of high-grade antimony, indicating potential for future output.
- 100% ownership of the American Antimony #03 lode claim ensures full control over mining operations.
- Geological analysis suggests significant stibnite deposits could enhance resource inventory.
- None.
AUSTIN, TX / ACCESSWIRE / January 3, 2023 / Xtra Energy Corp. (OTC Markets:XTPT) is excited to share with our investors the first look at the I.H.X. Mine. The I.H.X. located within our
Described by Lawrence, Edmond, in "Antimony Deposits of Nevada"; nbmg bull. 61 "I.H.X. is on the north side of Bernice Canyon, 1.9 miles from its mouth, and about 40 feet above its floor. Several shipments of antimony ore were made in 1915-1917, and in 1940, five tons of ore averaging 43.9 percent antimony were produced. Schrader (1947, p. 324) reports several hundred feet of drifts and stopes extending from a lower crosscut tunnel. These workings are completely inaccessible. A shaft, inclined 20° northwest, is open to 120 feet. Also, there are two open cuts. Shale, sandstone, and interbedded limestone crop out at the mine. An 8-to 12-foot wide, blocky, latitic sill, striking N. 10° W., has intruded a fracture zone in brown to gray slightly calcareous shale'. The hanging wall dips 70°-85° W.; the footwall dips 60°-85° W. At Least three sets of joints occur in the sill: one set is essentially horizontal and perpendicular to the sill walls; the other two sets are oblique. This sill is parallel to another of similar texture and composition on the south side of the canyon, approximately 300 feet to the south. Stibnite occurs as 2-to 4-inch pods and single crystals in a 16-inch gouge zone along the footwall of the sill; as pods up to 8 by 18 inches and as veinlets along the joints; and as halos around pyrite grains disseminated through the sill. Much of the stibnite is altered from earthy to powdery, yellow antimony oxides. Minor white oxides also are present."
Xtra Energy Chairman Mac J. Shahsavar, P.Eng. commented "We are excited to present the I.H.X. Mine to our investors as our team continues their on the ground exploration of the Bernice Canyon. This mine, like our Arrance Prospect, was at one time a producer of high grade antimony to meet demand from the World Wars. Lost in time and left inaccessible I.H.X. Mine is another historic producer ripe for revival to once again meet America's demand."
Viewing of this video can be found at the link provided: Click For Video
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Xtra Energy Corporation
Phone: 512-412-3636
Corporate Website: https://americanantimony.com/ and/or xtraenergycorp.com
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About Xtra Energy Corp.
Xtra Energy Corp. is an antimony exploration company focused on developing its flagship project "American Antimony". Known in historical records as the "Antimony King Mine" located approximately 31 miles northeast of Eastgate, Nevada. Xtra Energy Corp. holds a
FORWARD-LOOKING STATEMENTS:
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SOURCE: Xtra Energy Corp.
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FAQ
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