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Xander Resources Exploration Update ON Fenelon and Val D’Or Properties

Exploration Programs

XANDER RESOURCES EXPLORATION UPDATE

ON FENELON AND VAL d’OR PROPERTIES

Vancouver, British Columbia / September 30, 2020 - Xander Resources Inc. (TSXV: XND) (FSE:

1XI) (the “Company”) is pleased to provide an update on the fall geological program on its two

well-positioned properties in Fenelon and Val d’Or, Quebec.

Stripping overburden and channel sampling on the Blue Ribbon property in Fenelon, near the

Wallbridge Mining ( TSXV:WM) discovery, has located the shear zone discovered by

government geologist Jerome Remick in 1969. Remick described the shear zone with native gold

in ankerite-quartz with minor sulphides (pyrite and chalcopyrite).

Following further stripping of the shear zone pads will be constructed for drilling later this fall.

The Company has completed a UAV Drone Magnetometric survey of the area in order to

provide a better geological interpretation of this historical surface gold showing on the property.

On the Company’s Val d’Or Senneville northern claims, which expand over 90 kms and are

contiguous to Monarch Gold (TXSV:MQR) to the north, and Probe Metals (TSXV:PRB) to the

south and close to QMX Gold (TSXV:QMX); all of which have had recent discoveries in the Val

d’Or east area . The Company plans t o expand its summer program and complete a

Magnetometric survey on the Pascalis/ Lanaudiere which has a 7 km northwest-trending volcanic

contact zone.

On the Company’s Senneville southern claims the Company is waiting for completion of 3 -

dimensional modeling of historical drill holes with significant gold values in order to determine

the best areas to drill later this fall and employ down hole geophysics to a depth of 250 metres in

at least two holes.

Xander would like to thank the explor ation crews for the summer exploration programs on its

Fenelon and Val d’Or projects in Quebec. It has been a very difficult and different year as

contract crews have been stretched to their limits with COVID -19 limitations early this spring

and now have to deal with new realities during close-quarter field work.

ON BEHALF OF THE BOARD OF DIRECTORS

James Hirst, CEO and Director

Tel: (778) 709-3398

Email: [email protected]

Website: www.xanderresources.ca

For Xander French Inquiries:

Rémy Scalabrini

Maricom Inc.

Tél : (888) 585-6274

Courriel : [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.