ROUYN-NORANDA, QC, Nov. 7, 2022 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) (FRANKFURT: XTR) ("X-Terra") is interested with the recent work Winsome Resources (ASX: WR1) has completed at its Adina project, which lies directly adjacent and on strike to X-Terra's 100% owned Liberty Lithium property in James Bay region, Qubec (see X-Terra press release dated June 8, 2022).
Recent drilling by Winsome has highlighted more than 160 metres of pegmatite collectively intercepted in drilling below the recently discovered Jamar outcrop at Adina. In addition, most recent assays from the Jamar outcrop have yielded exceptional grades of up to 4.89% Li2O (see Winsome press release dated October 28, 2022).
"Winsome Resources have made a very important discovery in their recent drilling program at Adina, highlighting the potential for another significant lithium deposit. X-Terra has completed its compilation and targeting initiatives and expect commencing an exploration program shortly, as the weather permits", stated Michael Ferreira, President and Chief Executive Officer of X-Terra.
Qualified Person
Jeannot Thberge, P. Geo registered in the Province of Qubec, a consultant to X-Terra, a qualified person under National Instrument 43101 Standards of Disclosure for Mineral Projects has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein.
XTT.v
WR1 pulled off a financing at a 100 million plus market cap with out assays very impressive in this market and bodes well for us going forward
Market is clueing in on the situation still very early times my shares are parked for Winsome results.
this could be a multi bagger if the Winsome assays are high grade.
About 3 weeks for Winsome assays to know whether this play becomes a possible 10X
Winsome currently has a 120 million market cap stands to reason at the moment we are very cheap if Winsome reports high grade over those lengths it’s gonna get crazy here.