In light of the developments with regards to Xtra Energy Corp. (OTC:XTPT) yesterday, it is likely that the company’s stock is going to come into focus among investors today. On April 18, the company presented a Google Earth Tour of the high-resolution satellite imagery results from Dirt Exploration that had been conducted at its American Antimony project. The project in question is located in the Bernice Mining District in Churchill County, Nevada. It should be noted that Xtra Energy Corp. is an antimony exploration company that is currently involved in the development of American Antimony, its flagship project located to the north-east of Eastgate, Nevada.
The company had a 100% stake in the project, which consists of 4276 acres of antimony and 207 lodes. It was also noted that the project surrounded the Antimony King Mine, which had reported historical production, and covered all other antimony producers documented at the Beatrice Mining District. It was also revealed that Xtra Energy Corp. was aiming to develop its ever-growing portfolio of antimony-related assets so as to become the most important supplier of antimony-based products.
In the news release yesterday, it was noted that the company had hired the services of a remote sensing geosciences company, DIRT Exploration, based out of Cape Town, South Africa, for the purpose of analyzing the property through satellite imagery that was publicly available. The Chief Executive Officer and President of the company, Mac J. Shahsavar, spoke about the latest development yesterday. He noted that the video tour provided a first-hand look into some of the major historical mines that had been highlighted by Xtra Energy Corp. throughout the course of its exploration program in 2023. It remains to be seen if the stock manages to make any impression on investors today.
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