Xtra Energy Initiates Critical Permitting Phase for The American Antimony Project
Xtra Energy Corp. (OTC Pink:XTPT) has initiated key permitting for its American Antimony Project in Churchill County, Nevada. The company has partnered with Trinity Consultants - WestLand to begin the permitting process, focusing on restoring the historic road to the Antimony King mine in Bernice Canyon.
The project involves approximately 0.77 acres of washout mitigation and minor clean-up of existing mine roads. The company plans to conduct Reverse Circulation (RC) drilling to test mineralized felsite dike near the Arrance, King Solomon, and Antimony King mines. XTPT requires a Bureau of Land Management permit and expects to complete a Notice of Intent within weeks, with approval anticipated within 30 days.
The company aims to test existing antimony stockpiles for potential third-party sales and supply agreements, potentially creating early revenue streams. The permitting process is expected to complete by Q1 2025, with drilling targeted for Q2 2025.
Xtra Energy Corp. (OTC Pink:XTPT) ha avviato le principali pratiche di autorizzazione per il suo Progetto Antimonio in America nella Contea di Churchill, Nevada. L'azienda ha collaborato con Trinity Consultants - WestLand per avviare il processo di autorizzazione, concentrandosi sul ripristino della storica strada verso la miniera Antimony King nel Bernice Canyon.
Il progetto prevede circa 0,77 acri di mitigazione dell'erosione e una piccola pulizia delle strade minerarie esistenti. L'azienda prevede di svolgere sondaggi a circolazione inversa (RC) per testare un filone mineralizzato di felsite vicino alle miniere Arrance, King Solomon e Antimony King. XTPT richiede un permesso dal Bureau of Land Management e si aspetta di completare un Avviso di Intenzione nel giro di poche settimane, con un'approvazione prevista entro 30 giorni.
L'azienda mira a testare le scorte di antimonio esistenti per potenziali vendite a terzi e accordi di fornitura, creando potenzialmente flussi di entrate anticipati. Si prevede che il processo di autorizzazione si completi entro il primo trimestre del 2025, con sondaggi previsti per il secondo trimestre del 2025.
Xtra Energy Corp. (OTC Pink:XTPT) ha iniciado los permisos clave para su Proyecto de Antimonio en América en el Condado de Churchill, Nevada. La compañía se ha asociado con Trinity Consultants - WestLand para comenzar el proceso de permisos, centrando su atención en restaurar la carretera histórica hacia la mina Antimony King en Bernice Canyon.
El proyecto implica aproximadamente 0.77 acres de mitigación de erosión y una limpieza menor de las carreteras mineras existentes. La empresa planea realizar perforaciones de circulación inversa (RC) para probar un dique de felsita mineralizada cerca de las minas Arrance, King Solomon y Antimony King. XTPT requiere un permiso de la Oficina de Administración de Tierras y espera completar un Aviso de Intención en unas pocas semanas, con una aprobación anticipada en 30 días.
La compañía tiene como objetivo probar los acopiadores de antimonio existentes para posibles ventas a terceros y acuerdos de suministro, creando potencialmente flujos de ingresos anticipados. Se espera que el proceso de permisos se complete para el primer trimestre de 2025, con perforaciones programadas para el segundo trimestre de 2025.
Xtra Energy Corp. (OTC Pink:XTPT)는 네바다 주 처칠 카운티에 있는 미국 안티모니 프로젝트에 대한 주요 허가 절차를 시작했습니다. 이 회사는 Trinity Consultants - WestLand와 협력하여 안티모니 킹 광산으로 향하는 역사적인 도로를 복구하는 데 초점을 맞추어 허가 절차를 시작했습니다.
프로젝트는 약 0.77 에이커의 침식 완화 및 기존 광산 도로의 소규모 정리를 포함합니다. 이 회사는 Arrance, King Solomon 및 Antimony King 광산 근처의 광물화된 펠사이트 다이크를 테스트하기 위해 역순환(Reverse Circulation, RC) 드릴링을 수행할 계획입니다. XTPT는 내무부 토지관리국(Bureau of Land Management)의 허가가 필요하며, 몇 주 내에 의도 통지를 완료하고 30일 이내에 승인을 받을 것으로 예상하고 있습니다.
회사는 기존의 안티모니 재고를 테스트하여 제3자 판매 및 공급 계약의 가능성을 모색하며, 이를 통해 조기 수익을 창출할 수 있습니다. 허가 절차는 2025년 1분기 내에 완료될 것으로 예상되며, 드릴링은 2025년 2분기를 목표로 하고 있습니다.
Xtra Energy Corp. (OTC Pink:XTPT) a lancé des autorisations clés pour son projet d'antimoine en Amérique dans le comté de Churchill, au Nevada. La société a établi un partenariat avec Trinity Consultants - WestLand pour entamer le processus d'autorisation, en se concentrant sur la restauration de la route historique menant à la mine d'Antimony King dans le Bernice Canyon.
Le projet implique environ 0,77 acre de mitigation de l'érosion et un nettoyage mineur des routes minières existantes. L'entreprise prévoit de réaliser des forages à circulation inversée (RC) pour tester un dyke de felsite minéralisé à proximité des mines Arrance, King Solomon et Antimony King. XTPT nécessite un permis du Bureau of Land Management et s'attend à terminer un Avis d'Intention dans quelques semaines, avec une approbation prévue dans les 30 jours.
L'entreprise vise à tester les stocks d'antimoine existants pour des ventes potentielles à des tiers et des contrats d'approvisionnement, créant potentiellement des flux de revenus précoces. Le processus d'autorisation devrait être terminé d'ici le premier trimestre 2025, avec des forages prévus pour le deuxième trimestre 2025.
Xtra Energy Corp. (OTC Pink:XTPT) hat die wichtigsten Genehmigungen für sein Antimon-Projekt in Churchill County, Nevada, eingeleitet. Das Unternehmen hat sich mit Trinity Consultants - WestLand zusammengeschlossen, um den Genehmigungsprozess zu starten, wobei der Fokus auf der Wiederherstellung der historischen Straße zur Antimony King Mine im Bernice Canyon liegt.
Das Projekt umfasst etwa 0,77 Acres Erosionsminderung und eine geringfügige Reinigung bestehender Bergbauwege. Das Unternehmen plant, Reverse Circulation (RC)-Bohrungen durchzuführen, um ein mineralisiertes Felsit-Diabas in der Nähe der Minen Arrance, King Solomon und Antimony King zu testen. XTPT benötigt eine Genehmigung vom Bureau of Land Management und erwartet, innerhalb weniger Wochen eine Absichtserklärung abzuschließen, wobei eine Genehmigung innerhalb von 30 Tagen erwartet wird.
Das Unternehmen hat zum Ziel, bestehende Antimonvorräte auf potenzielle Drittverkäufe und Lieferverträge zu testen, was möglicherweise frühe Einnahmequellen schafft. Der Genehmigungsprozess soll bis zum ersten Quartal 2025 abgeschlossen sein, mit geplanten Bohrungen für das zweite Quartal 2025.
- Potential early revenue generation through existing antimony stockpile sales
- Project impact under 5 acres enables faster permitting through Notice of Intent
- Expected quick approval timeline of 30 days after submission
- Project still in early permitting phase with no current operations
- Revenue generation dependent on successful stockpile testing and third-party agreements
AUSTIN, TX / ACCESSWIRE / January 13, 2025 / Xtra Energy Corp. (OTC Pink:XTPT), a leading antimony exploration company, is pleased to announce the commencement of key permitting for its American Antimony Project located in the Bernice Canyon of Churchill County, Nevada. The company anticipates this significant milestone to mark the next phase in the project's development, positioning it as a pivotal asset in United States antimony production.
The initiation of the permitting process with Trinity Consultants - WestLand underscores the company's commitment to adhering to local and international regulatory standards while ensuring environmental stewardship and sustainable practices. Xtra Energy is working closely with environmental consultants, community stakeholders, and local government bodies to facilitate a smooth and transparent permitting process.
Xtra Energy anticipates that this process will encompass the restoration of the historic road leading to the Antimony King mine (See Figure 1.). The purpose of this recovery is to gain access to several sites within Bernice Canyon to drill and test the mineralized felsite dike near the Arrance, King Solomon, and Antimony King mines (See Figure 2.). A Reverse Circulation (RC) drilling program is likely to best address the need for quality samples along the felsite dike complex's strike.
Figure 1 : Proposed road work to and within Bernice Canyon to establish vehicular access for proposed exploration. Mitigation of the several washouts will involve approximately 0.77 acres while the existing, historical mine road will only require minor clean-up activities.
Figure 2 : Generalized geologic section across the felsite dikes in the general area of the King Solomon and Antimony King mines showing potential drill angles and depths.
In addition to facilitating exploration activities, gaining road access will enable Xtra Energy to test existing antimony stockpiles for potential third-party sale or supply agreements. This strategic move could provide an early revenue stream and strengthen the company's position in the antimony market. The company plans to evaluate the quality and quantity of these stockpiles to assess their commercial viability.
XTPT must obtain a permit from the BLM to achieve these goals. Given the projected physical impact of less than 5 acres, management anticipates completing a Notice of Intent (NOI) within a few weeks and receiving approval within 30 days of completion and submission.
Xtra Energy's Chairman and CEO, Mr. Mac J. Shahsavar, P.Eng., commented on the development:
"The commencement of the permitting process represents a critical step forward in advancing the American Antimony Project. This ensures that we continue to uphold our high standards of regulatory compliance and environmental responsibility. Moreover, the ability to access and test existing antimony stockpiles opens up exciting opportunities for potential third-party partnerships and early revenue generation."
The company anticipates completing the permitting process by Q1 2025 for targeting drilling in Q2 2025. This development will further de-risk the project and provide greater clarity on the timeline for moving into the next stages of exploration and development.
As new information becomes available, Xtra Energy will continue to keep stakeholders updated on the progress of the permitting process.
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
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About Xtra Energy Corporation
Xtra Energy Corporation is an antimony exploration company focused on developing its flagship project "American Antimony", approximately 31 miles northeast of Eastgate, Nevada. Xtra Energy Corporation holds a
FORWARD-LOOKING STATEMENTS:
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SOURCE: Xtra Energy Corp.
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FAQ
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