In a news release, X Terra Resources Inc. (XTT:TSX; XTR:FSE) announced it completed its drill program at its Grog and Northwest properties in New Brunswick, and results exceeded management's expectations.
"All geological targets have revealed very encouraging visual indicators of significant alteration and mineralization in different contexts related with the MacKenzie Gulch fault," the release noted.
The campaign consisted of 16 holes drilled over 1,904 meters. Except for hole GRG-20-006, all remain open in all directions, the release noted. The gold explorer will carry out continuous sampling to trace the anomaly and help define its thickness and geometry.
The three holes that were drilled over the Grog target anomaly correspond to a "significant induced polarization chargeability anomaly consistent with sulphide mineralization" known as the Grog showing, according to the release.
Assays remain pending for the 13 holes drilled on the Grog property.
X Terra also announced that moved its head office to 147 Quebec Ave., Rouyn-Noranda, Quebec, J9X 6M8. The mailing address is C.P. 491, Rouyn-Noranda , Quebec, J9X 5C4.
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