Xtra Energy Corp. (XTPT)
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Xtra Energy Initiates Critical Permitting Phase for The American Antimony Project
AUSTIN, TX / ACCESSWIRE / January 13, 2025 / Xtra Energy Corp. (OTC Pink:XTPT), a leading antimony exploration company, is pleased to announce the commencement of key permitting for its American Antimony Project located in the Bernice Canyon of Churchill County, Nevada. The company anticipates this significant milestone to mark the next phase in the project's development, positioning it as a pivotal asset in United States antimony production.
Xtra Energy Corp. Initiates Petrographic Studies for the American Antimony Project
AUSTIN, TX / ACCESSWIRE / October 10, 2024 / Xtra Energy Corp. (OTC Pink:XTPT), a leading antimony exploration company, is pleased to announce the commencement of detailed petrographic studies on mineral samples from the American Antimony Project, marking a significant milestone in the development of this strategically important asset. The studies aim to enhance understanding of the mineralogical characteristics and to identify optimal extraction methods for antimony, a critical mineral vital to various industries including defense, electronics, and energy storage.
Xtra Energy Corp. Announces The Results of The Recently Completed Mapping and Sampling Program at The American Antimony Project Near Eastgate, Nevada
AUSTIN, TX / ACCESSWIRE / September 23, 2024 / Xtra Energy Corp. (OTC Pink:XTPT) is pleased to announce the results of a geological mapping and sampling program completed on the American Antimony Project between August 11th and August 20th by Robert Johansing, MSc, PG, QP, a California-based consulting geologist with extensive experience in Nevada, the southwestern United States, and beyond. Link to Full Technical Report : Click Here.
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Xtra Energy Corp. Profile
| Trading Companies & Distributors Industry | Industrials Sector | Mahmood Jamshidi Shahsavar CEO | OTC PINK Exchange | 98419D100 CUSIP |
| US Country | 445 Employees | - Last Dividend | 5 Nov 2010 Last Split | - IPO Date |
Overview
Xtra Energy Corporation, initially founded in 1997 as X-tra Petroleum Inc., rebranded itself in November 2010 to better reflect its diversified energy objectives. Based in Fruitland, Idaho, the company specializes in the acquisition, exploration, and development of gold properties, primarily focusing its operations in Africa. With its significant interest in the Malimba mining concession, Xtra Energy Corporation stands out in the mining industry with its mix of exploration activities and development projects spread over 61 square kilometers in the province of Maniema, characterized by 72 mining blocks within the Lubutu lands. This strategic positioning underscores its commitment to tapping into the continent's rich mineral resources, aligning its growth with the exploration of valuable commodities.
Products and Services
- Acquisition of Gold Properties
- Exploration and Development
- Gold Mining and Production
In its core business strategy, Xtra Energy Corporation focuses on acquiring promising gold properties in Africa. This involves identifying and securing lands rich in gold reserves, which offer potential for development and yield significant returns on investment through systematic exploration and eventual mining operations.
Following the acquisition of gold properties, the company undertakes comprehensive geological surveys and exploration activities. These critical early-stage operations enable Xtra Energy Corporation to assess the viability of mining projects, estimate resources, and design development plans tailored to the specific characteristics of each site, particularly within its primary focus area, the Malimba mining concession.
Central to its portfolio of services, Xtra Energy Corporation engages in the actual mining and production of gold. Utilizing its mining production permits, the company extracts gold from the earth through a combination of traditional and modern techniques, aimed at maximizing yield while minimizing environmental impact. The operations within the Malimba mining concession reflect the company’s commitment to sustainable mining practices and responsible resource management.
