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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
Comment by gump132on Feb 05, 2015 3:59pm
113 Views
Post# 23401085

RE:It has now been 8 weeks

RE:It has now been 8 weeks8 weeks since they announced they contracted them to do the drilling. Doesn't mean they have been drilling for 8 weeks. In fact, if you read it again, they had JUST begun prep work for line cutting.

TORONTO, ONTARIO--(Marketwired - Dec. 11, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that it has entered into a contract with Asinii Drilling to carry out its drill program on its Blackflake West Project. 

The drill program will focus on the project's All Channel electromagnetic response target which was followed up on with the ground induced polarization survey as announced in our November 5th, 2014 News Release. Management expects this initial phase of the drill program to total approximately 1500 metres of diamond drilling. As mentioned in our News Release of December 10th, 2014, preparatory work designed to clear access roads and drill sites has commenced.


Read more at https://www.stockhouse.com/news/press-releases/2014/12/11/xmet-engages-asinii-drilling-to-drill-blackflake-west-project#k54wHrOgXIvV3bxk.99
Bullboard Posts