Drill Results
Antimony Spot Price Has Yet Again Achieved a New All-Time High as Critical Minerals Demand Jumps
LAC · Price
Executive Summary
- Xtra Energy Corp. (OTCID: XTPT) announced certified laboratory results from a 14‑hole RC drilling program that confirmed world‑class antimony intercepts, including an 87 m interval averaging 1.46 % Sb (up to 5.59 % Sb) with gold credits of up to 1.33 g/t Au.
- The results demonstrate continuous mineralization along a ≥3.2 km felsite dike corridor, establishing district‑scale potential and exceptionally low arsenic (<50 ppm) that favors clean metallurgy.
- Management highlighted the early stage of exploration (only 4 % of the 4,153‑acre land package tested) and indicated substantial upside from untapped historic mines within the project area.
Key Details
- Drilling Program – 14 reverse‑circulation holes; total depth 5,570 ft (1,698 m); hole depths ranged 300–800 ft (61–232 m).
- Target Success – 10 of 14 holes intersected the felsite dike, confirming structural and geochemical continuity.
Principal Intercepts (Certified Lab Assays)
| Hole | Interval (m) | Sb % (avg) | Max Sb % | Au (g/t) |
|---|---|---|---|---|
| BC25‑03 (Arrance Core Zone) – “Spectacular Intercept” | 87 m (285 ft) continuous mineralization (103.6–190.5 m) | 1.46 % | up to 5.59 % | Avg 0.27 g/t, max 1.33 g/t |
| BC25‑11 (Central Corridor) | 12.3 m @ 1.06 % Sb | 1.06 % | – | 0.18 g/t Au |
| BC25‑02 (Arrance Lower Adit) | 7.6 m @ 1.08 % Sb | 1.08 % | – | gold credits reported |
| BC25‑05 (True Width Test) | 7.6 m @ 0.72 % Sb | 0.72 % | – | 0.33 g/t Au; true dike width ≈ 25 ft (7.6 m) |
| BC25‑01 & BC25‑04 (Peripheral Step‑Outs) | – | up to 0.39 % Sb (3,893 ppm) | – | up to 0.43 g/t Au |
- Arsenic Levels: < 50 ppm in most intervals, indicating low impurity content for processing.
- Geological Context: Mineralization hosted in a felsite dike system comparable to China’s Xikuangshan and Austria’s Schlaining districts—both historically large antimony producers.
District‑Scale Insight
- The felsite dike swarm extends ≈ 3.2 km (2 mi) from the historic Arrance Mine through IHX to King Solomon, forming a continuous mineralized corridor.
- Only 4 of 22 historic mines on the claim have been tested (< 8 % of the land package). Phase One covered just 330 acres, suggesting significant remaining discovery potential.
Management Commentary
“These Phase One drill results mark a breakthrough moment for American Antimony/Xtra Energy… The combination of scale, clean metallurgy, and associated gold credits positions us at the forefront of developing a strategically important U.S. domestic source of antimony.” – Mac J. Shahsavar, Chairman & CEO
“The Antimony King Mine… represents a different style of mineralization with potential to host an even larger deposit… discovery potential remains truly immense.” – Shahsavar
Notable Quotes
- “Hole BC25‑03 demonstrates the thickness and grade required to classify Arrance as a world‑class antimony system.” – Mac J. Shahsavar, Chairman & CEO
The release also referenced broader market news (U.S. Defense Logistics Agency contract, Perpetua Resources off‑take plans, Lithium Americas DOE loan, MP Materials Q2 results), but the material core of this announcement is the Phase One drilling success at the American Antimony Project.
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Aug 06, 2026 · 06:45