Xander Increases Presence IN Val-D’Or GOLD CAMP, Acquires Additional 20 Claims
XANDER INCREASES PRESENCE IN VAL-D’OR GOLD CAMP,
ACQUIRES ADDITIONAL 20 CLAIMS
April 26, 2021 – Vancouver, British Columbia - Xander Resources Inc. (TSXV: XND) (FSE:1XI)
(OTCQB: XNDRF) ("Xander" or the "Company") is pleased to announce that pursuant to a Purchase
Agreement dated April 23, 2021 the Company has agreed to acquire a 100% interest in the 20 mineral
claims located contiguous to the Senneville Group of Claims East area of the Val-d’Or Gold Camp.
The Company has agreed to acquire the 20 New Claims in exchange for $1,340 cash payable on or before
Closing (as defined below) , 400,000 common shares on or before Closing , and a 2% net smelter return
royalty. Closing will occur on or before the fifth day following acceptance by the TSX Venture Exchange
of notice of the transaction described herein and no later than May 15, 2021.
The new claims are contiguous to the Eastern boundary of the Company’s Senneville East Claims and to
the North boundary of Monarch Mining’s (TSX:GBAR) recently acquired claims and contiguous to
Probe Metals (TSX.V:PRB) new discovery on the Southern boundary and in close proximity to Eldorado
Gold (TSX:ELD-T) to the South West.
The Company’s Senneville Claim Group is located in the eastern part of the Abitibi Greenstone Belt, about
25 km north of the gold mining centre of Val-d’Or. They comprise 26,000 acres in three groups, Senneville
East, Senneville West and Senneville South and extend from the Lacorne Batholith in the west to the
contact area of the Pascalis Batholith in the east.
Prospecting and various geophysical programs were conducted in 2020 and the first 3 holes of a 9-hole drill
program were just completed on the Senne ville South/East claim group. (Xander news release April 20,
2021.)
James Hirst, CEO states, “We are excited to acquire further mineral claims on the contact area of the
Pascalis Batholith in our East Group of Claims that are contiguous to Probe Metals (TSX.V:PRB).
Monarch Mining (TSX:GBAR) recently added mineral claims adjacent to the East of our Claim Group
signalling greater interest in the immediate vicinity. We are pleased to be surrounded by such first rate
companies.”
On behalf of the Board of Directors,
James Hirst, Chief Executive Officer
Tel: (236) 607-5490
Email: [email protected] or [email protected]
Website: https://xanderresources.ca/