RE: maybe not too many people know about it NEWS X-Terra Resources Corp (C-XT) - News Release
X-Terra, Brownstone increase holdings at St. Laurent
2010-02-24 11:14 ET - News Release
Shares issued 11,783,069
XT Close 2010-02-23 C$ 0.41
Also News Release (C-BWN) Brownstone Ventures Inc
Mr. Martin Dallaire of X-Terra reports
X-TERRA AND BROWNSTONE ACQUIRE OVER 150 000 HECTARES OF LAND IN THE ST-LAURENT LOWLANDS - SURVEY COMPLETED
X-Terra Resources Corp. and Brownstone Ventures Inc. have acquired over 150,000 hectares of additional land in the St. Laurent Lowlands between Rimouski and Riviere-du-Loup.
Sheldon Inwentash, president and chief executive officer of Brownstone, stated: "Area participants, like Questerre Energy Corp., continue to make progress confirming the potential for significant oil and gas in Quebec. X-Terra Resources and Brownstone Ventures' Quebec oil and gas licences, with this new acquisition, cover a total of over 300,000 hectares in Quebec, with a completed survey over a significant portion of those lands."
Magnetic survey
The 5,543-kilometre airborne magnetic survey on the Rimouski, Rimouski North and Shawinigan projects in the St. Laurent Lowlands was also recently completed and undergoing compilation. The survey consists of 5,543 kilometres of 300-metre-spacing flight lines and 3,000-metre-spacing control lines and was completed by Geophysics GPR International -- KalusAir Services Inc. The magnetic survey maps will be used to outline the structural and lithological geology and aid in further exploration. Please refer to X-Terra and Brownstone's websites to view a surface plan showing the location of the survey.
We seek Safe Harbor.