Post Tagged with: "xmet-inc"

Xmet Engages Geotech to Fly Airborne VTEM and Magnetics Over Grasset

Xmet Engages Geotech to Fly Airborne VTEM and Magnetics Over Grasset

TORONTO, ONTARIO — (Marketwired) — 12/10/14 — Xmet Inc. (TSX VENTURE: XME) ("Xmet") is pleased to announce that it has engaged Geotech (formerly Aeroquest International) to complete the first airborne Versatile Time Domain Electromagnetic ("VTEM") and Magnetic Gradiometer Survey on its 100% owned Grasset Project. The airborne survey is scheduled to begin in the next week and will consist of 330 line km in a north-south grid pattern with 100 metre spacing between lines.&q

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Xmet Completes Financing for $1,133,000 to Drill Blackflake West and Grasset Projects

Xmet Completes Financing for $1,133,000 to Drill Blackflake West and Grasset Projects

TORONTO, ONTARIO — (Marketwired) — 11/21/14 — Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME) is pleased to announce that it has completed a non-brokered private placement for gross proceeds of $1,133,000. The funds will be used to continue the advancement of the Company–s Blackflake West and Grasset projects and for working capital."We are very pleased with the results of this financing in that we were oversubscribed and able to finance at a premium to our

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Xmet Successfully Completes Induced Polarization and Resistivity Surveys on Blackflake West and Will Proceed to Drill Phase

Xmet Successfully Completes Induced Polarization and Resistivity Surveys on Blackflake West and Will Proceed to Drill Phase

TORONTO, ONTARIO — (Marketwired) — 11/05/14 — Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE: XME) is pleased to announce that it has completed its induced polarization (IP) and resistivity ground surveys. This is the final stage of the company–s ground geophysical program enabling moving towards designing the drill program for Blackflake West.IP surveys are valuable tools for mineral deposits associated with chargeable and conductive sources such as hydrothermal

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Xmet Management to Host Live Online Presentation and Q&A for Its Blackflake West and Grasset Projects on November 6, 10am EST

Xmet Management to Host Live Online Presentation and Q&A for Its Blackflake West and Grasset Projects on November 6, 10am EST

TORONTO, ONTARIO — (Marketwired) — 10/31/14 — Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE: XME) is pleased to announce that it will be holding a live web steaming event where Management will present the developments and upcoming drill programs on its Blackflake West and Grasset Projects.Management will run through the Company–s progress to date and going forward strategy for its two drill programs occurring next to Zenyatta Ventures and Balmoral Resources. If y

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Xmet Elects to Proceed with Phase Two Exploration Program on Blackflake West

Xmet Elects to Proceed with Phase Two Exploration Program on Blackflake West

TORONTO, ONTARIO — (Marketwired) — 10/23/14 — Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME) is pleased to announce that it has elected to proceed with Phase Two of the Blackflake West Option Agreement with Metal Creek Resources Corp. (TSX VENTURE: MEK). Xmet has paid to Metals Creek the sum of $15,000 and has issued a further 1,000,000 common shares to Metals Creek in accordance with the terms of its option agreement. Phase Two involves diamond drilling of our A

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Xmet Commences Second Phase Ground IP Geophysics on Blackflake West –All Channel– EM Targets

Xmet Commences Second Phase Ground IP Geophysics on Blackflake West –All Channel– EM Targets

TORONTO, ONTARIO — (Marketwired) — 10/21/14 — Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE: XME) is pleased to announce that, having completed the necessary eight kilometres of line cutting, it has commenced the second phase of its ground geophysical program on its Blackflake West –All Channel– Electromagnetic ("EM") targets. The program is expected to be completed within the next seven days.Xmet has engaged Smart Geophysics to perform the survey using di

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Xmet Stakes Northern Extension of Large –All Channel– Graphite Target, Expands Blackflake West

Xmet Stakes Northern Extension of Large –All Channel– Graphite Target, Expands Blackflake West

TORONTO, ONTARIO — (Marketwired) — 10/14/14 — Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE: XME) is pleased to announce that it has staked and acquired a 100% interest in 10 claim units on the northern boundary of the Blackflake West property. These claims appear to host a northern extension of Blackflake West–s –All Channel– Electromagnetic graphite target."After reviewing the results from our recent VTEM survey announced September 29th 2014, we were plea

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Xmet–s New Detailed VTEM Survey Confirms Large –All Channel– Response on Blackflake West

Xmet–s New Detailed VTEM Survey Confirms Large –All Channel– Response on Blackflake West

TORONTO, ONTARIO — (Marketwired) — 09/29/14 — Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE: XME) is pleased to report it has successfully completed its Versatile Time Domain Electromagnetic Surveying ("VTEM") survey, comprising 215 line kilometres, over the Blackflake West project.The results indicate that four conductors were identified, including a very large circular conductive anomaly with a diameter of approximately 750 metres. This large anomaly c

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Xmet Expands Blackflake West Land Package and Commences VTEM Survey

Xmet Expands Blackflake West Land Package and Commences VTEM Survey

TORONTO, ONTARIO — (Marketwired) — 09/17/14 — Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE: XME) reports that the company has consolidated an additional 36 claim units covering 1,440 acres of ground west of Zenyatta–s Albany graphite deposit through an option agreement with Alibaba Graphite Corp. These claims are located along trend from Xmet–s optioned Blackflake West –All Channel– EM anomaly. The new ground is located approximately 5 kms south of the Blackf

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Xmet Receives Drill Permits for Its 100% Owned Grasset Property, the Eastern Extension of Balmoral Resources– Grasset

Xmet Receives Drill Permits for Its 100% Owned Grasset Property, the Eastern Extension of Balmoral Resources– Grasset

TORONTO, ONTARIO — (Marketwired) — 09/16/14 — Xmet Inc. ("Xmet" or the "Corporation") (TSX VENTURE: XME) is pleased to announce that it has received its work and drill permit for its Grasset Property from the Province of Quebec–s Ministry of Natural Resources.During our previous geophysical work on the Grasset property, Xmet identified four high priority targets that have been selected for diamond drill testing. The project is located immediately adjacent to and along s

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