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Xmet Inc XMTTF

XMet Inc is a mining exploration company. The company engages in the exploration of its Canadian mineral properties in the provinces of Quebec and Ontario. Its property portfolio includes Grasset Property located in the northern part of the Abitibi greenstone belt, west of Matagami, Quebec; Authier Property located mainly in Poularies and Privat townships in the western Abitibi Region of Quebec and the Blackflake Property.


GREY:XMTTF - Post by User

Bullboard Posts
Post by GeneralKesefon Dec 18, 2013 9:29am
210 Views
Post# 22017425

SPOKE TO THE COMPANY YESTERDAY

SPOKE TO THE COMPANY YESTERDAY

THEIR FOCUS IS THAT THEY ARE ESTATIC WITH THE THIRD ANOMALY!

and drilling will commence asap, 

they have applied for permits, which normally takes 30 days, i asume within those thity days they will prepare the area for drilling.

The main target is the result of of their second EM survey, They have discovered a NEW STRONG CONDUCTIVE ANOMALY measuring approx 300 by 800 metres and has since completed addional staking to cover the entire anomaly and abutting lands to bring the project to a total of 237 claims units.

THE ANOMALY IS OF PARTICULAR INTEREST AS ITS SIZE AND STRENGTH OF RESPONSE SUPERSEDES THE PREVIOUSLY DISCOVERED ANOMALIES OF SIGNIFICANT SIZE AND CONSIDERS THESE RESULTS TO BE VERY ENCOURAGING TOWARDS ITS OBJECTIVE OF DISCOVERING AND DEFINING A HYDROTHERMAL GRAPHITE DEPOSIT ON ITS BLACK FLAKE  PROJECT


the preliminary data from the new MAG-TDEM survey indicates a large north north east trending anomaly with a STRONG ELECTRONMAGNETIC respose measuring approx 300 metres by 800 metres situated within a magnetic low flanking northwest trending magnentic diabase.

the anomaly was crossed by a tie line which shows a well developed  conductor about 300 metres wide that is respoding on most channels.


THE FAVORABLE ENVIRONMENT BEARS SIMILARITIES TO THE SETTING IN WHICH ZENYATTA HYDROTHERMAL GRAPHITE PIPES WERE EMPLACED.

THE STRONG ZENYATTA CONDUCTORS ARE CIRCULAR IN NATURE AND ARE SIUATED WITHIN A MAGNETIC LOW FLANKING THE MARGIN A NORTHWEST TRENDING  DIABASE DIKE.

the BLACKFLAKE PROJECT consists of two seperate claims located to the eastern and the northwestern margins of zenyatta's albany project.

A SIGNIFICANT ,POTENTIALLY ECONOMIC HYDROTHERMAL GRAPHITE DEPOSIT WAS DISCOVERED ON ZENYATTAS ALBANY PROJECT DURING A 2011 DRILLING PROGRAM WHICH TESTED A STRONG ELECTROMAGNETIC CONDUCTOR.

the conductor was indentified on the albany claims in 2010 by a geotech VTEM  airborne survey.

THE NEARBY BLACKFLAKE CLAIM BLOCKS SHARE SIMILAR GEOLOGICAL AND STRUCTURAL FEATURES TO ZENYATTA'S HYDOTHERMAL GRAPHIITE DISCOVERY.


THE POTENTIAL IS HIUGE, AND THE SHARE PRICE IS RDICULOUSLY LOW!

I STRONGLY SUGGEST THAT YOU DO YOUR OWN RESEARCH

 

GENERAL KESEF

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