News

2010 News Releases »
June 19, 2015
Xmet Updates on Win-Win, Blackflake West and Grasset Projects
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May 11, 2015
Xmet Options 100% of Win-Win Project Adjacent to and along strike to IAMGold’s Monster Lake
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April 09, 2015
Xmet Completes Initial Diamond Drill Program on Grasset Project
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March 16, 2015
Xmet Provides Grasset Drilling Update, Expands Program
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February 27, 2015
Xmet Announces Closing of Private Placement
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February 23, 2015
Xmet Commences Drilling on its Grasset Project
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February 19, 2015
Blackflake West Initial Drill Results indicate a VMS Style System
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February 10, 2015
Xmet Updates on Grasset and Blackflake West Drill Programs
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December 24, 2014
Xmet Completes Second Tranche Financing for $79,000
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December 11, 2014
Xmet Engages Asinii Drilling to Drill Blackflake West Project
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December 10, 2014
Xmet Engages Geotech to Fly Airborne VTEM and Magnetics over Grasset
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December 01, 2014
Xmet\’s Company Update
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November 21, 2014
Xmet Completes Financing for $1,133,000 to Drill Blackflake West and Grasset Projects
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November 05, 2014
Xmet Successfully Completes Induced Polarization and Resistivity Surveys on Blackflake West and will proceed to Drill Phase
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October 31, 2014
Xmet Management to Host Live Online Presentation and Q&A; for its Blackflake West and Grasset Projects on November 6, 10am EST.
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October 21, 2014
Xmet Commences Second Phase Ground IP Geophysics on Blackflake West ‘All Channel’ EM Targets
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October 14, 2014
Xmet Stakes Northern Extension of Large ‘All Channel’ Graphite Target, Expands Blackflake West
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September 29, 2014
Xmet’s New Detailed VTEM Survey Confirms Large ‘All Channel’ Response on Blackflake West
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September 17, 2014
Xmet Expands Blackflake West Land Package and Commences VTEM Survey
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September 16, 2014
Xmet Receives Drill Permits for its 100% Owned Grasset Property, the Eastern Extension of Balmoral Resources’ Grasset
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September 08, 2014
Xmet Engages Aeroquest to Fly Tightly Spaced Dual Direction Airborne VTEM over Blackflake West
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August 14, 2014
Xmet’s Blackflake Update: Ground Magnetics Concluded
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July 24, 2014
Xmet Announces Closing of Brokered Second Tranche of Private Placement Offering
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July 10, 2014
Xmet to Commence Ground Geophysics on Blackflake West ‘All Channel’ EM Target
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June 23, 2014
Xmet Outlines Plans for its 100% Owned Grasset Property which forms the Eastern Extension of Balmoral Resources’ Grasset
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June 20, 2014
Xmet Management to Host Live Online Presentation and Q&A; on its All Channel EM Graphite Target on June 25, 2pm EST.
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June 18, 2014
Xmet Acquires Western Extension of ‘All Channel’ Graphite Target on Blackflake West
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June 16, 2014
Xmet Receives Drilling and Ground Geophysics Permits from MNDM on Blackflake West’s ‘All Channel’ EM Graphite Target
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June 04, 2014
Xmet Updates on Blackflake West Work Program; Mails Management Information Circular for June 25, 2014 Annual Meeting
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May 30, 2014
Xmet Filing First Quarter 2014 Financials; Proceeding on Blackflake West
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May 29, 2014
Xmet to Continue Aggressive Exploration program on Blackflake and Provides Company Update
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May 22, 2014
Xmet Acquires Metals Creek’s Graphite Target 7KM West of Zenyatta’s Albany Project, Significantly Increases Land Position
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May 13, 2014
Xmet Completes Initial Drill Program on the Blackflake and Releases Geophysical Data
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April 11, 2014
Xmet’s Blackflake Update: Drilling Underway, Ground Geophysics Concluded, Financing Completed
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March 28, 2014
Xmet Engages Asinii Drilling to Commence Blackflake Drill Program
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March 20, 2014
Xmet Commences Ground Geophysics on its 100% owned Blackflake Project and Expands Land Package as a Result of EM Survey
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February 28, 2014
Xmet President and Directors to Host PDAC Seminar on Alternative Financing for Junior Resource Companies
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February 24, 2014
Xmet Completes 3rd Airborne EM Survey, Discovers Two New Large Conductive Anomalies and Further Delineates Its Prime Target
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February 19, 2014
Xmet announces Closing of Hard Dollar Financing of $400,040 to Institutional Funds
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February 04, 2014
Xmet Engages Aeroquest to Fly Deep Penetrating VTEM Electromagnetics over 20,000 New Acres on its Blackflake Project
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January 30, 2014
Xmet files for Exploration and Drilling Permits and Stakes additional 8,000 Acres to Expand Land Package to over 29,000 Acres on its Blackflake Project
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January 24, 2014
Xmet Signs Exploration Agreement with Constance Lake First Nation on its Blackflake Project
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January 06, 2014
Xmet More than Doubles its Land Position as a Result of the Conductive Anomalies it has Discovered on its Blackflake Project
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January 02, 2014
Xmet Closes Final Tranche of Financing for Total Proceeds of $700,000 to Proceed with Development of its Blackflake Project
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December 23, 2013
Xmet Closes $500,000 First Tranche Private Placement to Proceed with Development of its Blackflake Project near Zenyatta
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December 15, 2013
Xmet Announces Appointment of President and Director, and Stock Option Grants
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December 12, 2013
Xmet Discovers Large New Conductive Target after completing its Second EM Survey at Blackflake Project, near Zenyatta
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December 03, 2013
Xmet’s Preliminary VTEM Results Trigger Additional Staking near Zenyatta’s Albany Graphite Deposit
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November 27, 2013
Xmet Receives Favourable Results from VTEM Survey at Blackflake Project Near Zenyatta’s Albany Graphite Discovery
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November 12, 2013
Xmet Engages Aeroquest to fly EM Survey at Blackflake Project Located Adjacent to Zenyatta’s Albany Graphite Discovery
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November 08, 2013
Additional Staking Expands Xmet’s Blackflake Project East of Zenyatta’s Albany “Hydrothermal Graphite” Discovery
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November 04, 2013
Xmet Enters Graphite Arena with its Blackflake Project – a 100% Owned Property Abutting Zenyatta’s Albany “Graphite” Project
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July 03, 2013
Xmet Announces Annual Meeting Results and Expiry of Option
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December 28, 2012
Xmet Announces Closing of Non-Brokered Private Placement Flow Through
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December 17, 2012
Xmet Announces Extension to the Duquesne Mine and Pitt Gold Project Purchase Agreements and Extension of the Exercise of its Option over the Duquesne-Ottoman Project
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November 07, 2012
Xmet Receives Results of Geomet Study on Duquesne-Ottoman; High Metallurgical Recoveries Expected
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October 01, 2012
Xmet extends its agreement to purchase Brionor’s Pitt Gold Project’s 100,000oz. Inferred and 156,000oz. Indicated Au
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September 20, 2012
Xmet to purchase Clifton Star’s Duquesne Mine property consolidating the Duquesne District’s 1,233,000 Inferred & 355,000 Indicated oz. Au
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June 07, 2012
Xmet Starts Major Trenching Program on Duquesne-Ottoman Property
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May 16, 2012
Xmet Acquisition of Brionor’s Au Resource will Expand Duquesne-Ottoman Project to 953,000 Inferred and 156,000 Indicated oz. Au
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May 03, 2012
Xmet Identifies Gold Targets on its 100% owned Grasset Property along the Detour-Sunday Lake Deformation Zone
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April 26, 2012
Xmet Cuts 12.41 g/t over 4.5 Metres at Duquesne-Ottoman; Continues to Expand Mineralization on Fox Zone
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March 29, 2012
Xmet Welcomes Industry Veteran Jean-Pierre Colin to its Board
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March 05, 2012
Xmet to Expedite Acquisition of 100% interest in Duquesne- Ottoman Project (853,000 ounces Au and Growing)
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March 02, 2012
Xmet Contracts Geophysical Survey on its Detour Belt Gold Property
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January 26, 2012
Xmet Inc. Joins OTCQX under the symbol XMTTF
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January 17, 2012
Near Surface Shaft Zone Mineralization Remains Open Below 130m Depth
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January 11, 2012
Xmet Reviews 2011 Exploration Results and Presents Plan for 2012
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December 13, 2011
More Good News for Xmet from Near Surface Drilling on Duquesne-Ottoman Property
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November 30, 2011
Xmet Announces Closing of Above Market Non-Brokered Private Placement Financings for Aggregate Gross Proceeds of $1,200,560
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November 16, 2011
Xmet Announces Above Market Private Placement Financings for Gross Proceeds of $1,000,000
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October 28, 2011
Xmet Drills Near Surface High Grade Mineralization at Shaft Zone with 11.66 g/t Au (8.77 g/t Au cut) over 5.10 meters
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October 25, 2011
Xmet Files NI 43-101 Report Confirming 56% Increase in Gold Resource on Duquesne-Ottoman
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October 18, 2011
Xmet Inc. Intersects Gold Mineralization on Surface: 12.25 g/t Au over 1.3m and 3.18 g/t Au over 4.2m
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September 22, 2011
Xmet Inc. Stakes Grasset Township Claims on Detour-Sunday Lake Deformation Zone
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September 14, 2011
Xmet Inc. Targets Expansion of Current 853,000 oz Au (Uncut) Inferred Resource with 7,000m drill campaign
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September 08, 2011
Xmet Inc. Reports a 56% Increase in NI 43-101 Mineral Resources on Duquesne-Ottoman
Toronto ON – September 8, 2011 – Xmet Inc. (TSX V-XME) is pleased to announce it has received aRead more…

September 06, 2011
Xmet Intersects 13.3 g/t Gold over 3.0m in Surface Trenches on Duquesne-Ottoman Property
Toronto ON – September 6, 2011 – Xmet Inc. (TSXV-XME) is pleased to report the first batchRead more…

September 06, 2011
Xmet recoupe 13,3 g/t Au sur 3,0 mètres en surface sur la propriété Duquesne-Ottoman
Toronto, le 6 septembre 2011 – Xmet Inc. (TSXV-XME) a le plaisir d’annoncer les premiers résultats d’un programmeRead more…

July 06, 2011
Xmet to Update NI-43-101 Mineral Resource Estimate on the Duquesne-Ottoman Project
Toronto, Ontario – July 6, 2011 – Xmet Inc. (TSXV-XME) (Read more…

June 13, 2011
Xmet Improves Terms of Option Agreement for the Duquesne- Ottoman Property: Extends 4 Year Option to 7 Years
Toronto, Ontario – June 13, 2011 – Xmet Inc. (TSXV-XME) (“Xmet”) is pleased to announce that its wholly owned subsidiary, Duquesne-Ottoman Mines Inc. (“Duquesne-Ottoman”) has entered into an amending agreement dated as of May 31, 2011 with Duparquet AssetRead more…

April 28, 2011
Xmet Provides Highlights of Phase 1 Drilling at Duquesne-Ottoman
Toronto ON – April 28, 2011 – Xmet Inc. (TSXV-XME) is pleased to provide a summary table of drilling highlights from the Phase 1 drilling program obtained over the past six months on the Duquesne-Ottoman project.Read more…

April 20, 2011
Xmet Commences Drill Program at Buchans Junction, Newfoundland
Xmet Inc. (TSXV-XME) is pleased to report that a drill has been mobilized to the Buchans Junction property, located in central Newfoundland.Read more…

April 19, 2011
Xmet Intersects 11.86 g/t Gold over 3.55m on Fox Zone at Duquesne-Ottoman Property: Zone Wide Open to the East
Toronto ON – April 19, 2011 – Xmet Inc. (TSXV-XME) is pleased to report further high grade drill intercepts from the ongoing resource expansion drilling program at the Duquesne-Ottoman property.Read more…

March 24, 2011
Xmet Drilling Continues to Expand 20-20 Zone on Duquesne-Ottoman Property
Toronto ON – March 24, 2011 – Xmet Inc. (TSXV-XME) is pleased to report further positive drilling results at the 20-20 Zone. Drill-hole DO-11-20 intersected 3.20 g/t Au over 8.1 meters, including 3.87 g/t over 5.70 meters at a vertical depth of 350 metersRead more…

March 15, 2011
Xmet Announces Closing of Over-Subscribed Non-Brokered Private Placement Financing for Aggregate Gross Proceeds of $1,512,500
Toronto, Ontario – March 4, 2011 – Xmet Inc. (TSXV-XME) (“Xmet”) is pleased to announce the oversubscribed closing of its previously announced non-brokered private placement offering of units for aggregate gross proceeds of $1,512,500 (the “Offering”).Read more…

February 04, 2011
Xmet Announces Non-Brokered Private Placement of up to $1.5 Million in Hard Dollar Financing
Toronto, ON – February 4, 2011 – Xmet Inc. (TSXV-XME) (“Xmet”) is pleased to announce a proposed non-brokered private placement offering of up to 6 million units (the “Units”) at a price of $0.25 per Unit, for aggregate gross proceeds of $1.5 million (theRead more…

February 02, 2011
Diamond Drilling Program Commences at Roy Project in Chibougamau
Toronto ON – February 2, 2011 – Xmet Inc. (TSXV-XME) is pleased to report that a diamond drilling program has commenced on the Roy Property in Chibougamau, Quebec.Read more…

January 18, 2011
High Grade Intercept Extends Gold Mineralization at 20-20 Zone
Xmet Inc. (TSXV-XME) is pleased to report that additional drilling has extended the known plunge of gold mineralization to 420m below surface at the 20- 20 Zone.Read more…

January 07, 2011
Beattie-Style Gold Mineralization Identified at 20-20 Zone
Xmet Inc. (TSXV-XME) is pleased to report that drilling recommenced on the Duquesne-Ottoman property on January 3rd of this week.