Xtierra Announces Completion of Land Purchase for Bilbao Project
Published : December 19, 2012
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Keywords :   Copper | G Mexico | Growth | Lead | Market | Mexico | Silver | Zinc |

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2012) - Xtierra Inc. (News - Market indicators) ("Xtierra" or the "Company") is pleased to announce that it has recently completed the acquisition of the necessary surface lands that will be required for the surface installations and development for its Bilbao zinc-silver-lead-copper deposit located 50km southeast of the State capital in Zacatecas, Mexico.

The surface land requirement totals 277 hectares in three separate parcels acquired from private landowners. The acquisition of surface rights will enable an application to be made in due course for a change in land use permit from agricultural to mining.

All of the component parts of the ongoing feasibility work for the development of the Bilbao Project are nearing completion, including a revised resource estimate, mine design, mining method, metallurgy, capital and operating costs, tailings management, engineering and hydro geology as well as environmental studies.

About Xtierra Inc.

Xtierra Inc. is a Toronto based exploration and development company listed on the TSX Venture Exchange under the symbol "XAG". There are 103,272,142 shares issued and outstanding. The Company is completing a feasibility study on its Bilbao silver-zinc-lead-copper project in Zacatecas, Mexico which is expected to be completed in Q1 2013. Xtierra's objective is to become a mid-tier producer of precious and base metals through the development of its Bilbao project as well as through exploration, organic growth and M & A opportunities.

For further information visit www.xtierra.ca.

Neither the 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 the accuracy of this release.

Xtierra Inc.
Terence McKillen
President & Chief Executive
+1 (416) 362-8243
or
Xtierra Inc.
Tim Gallagher
Director
+1 (416) 925-0090
or
Xtierra Inc.
Alejandro Alaniz
Director Finance & Administration (Mexico)
+52 (492) 925-0804
www.xtierra.ca
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Xtierra Inc.

EXPLORATION STAGE
CODE : XAG.V
ISIN : CA98417Q1037
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Xtierra is an exploration zinc and lead company based in Canada.

Its main exploration properties are PANFILO NATERA - MILAGROS, PINOS PROJECT, PANFILO NATERA - EL MORRO, VILLA DE RAMOS, BILBAO and LA LAGUNA PEDERNALILLO in Mexico.

Xtierra is listed in Canada. Its market capitalisation is CA$ 2.3 millions as of today (US$ 1.8 millions, € 1.5 millions).

Its stock quote reached its highest recent level on February 25, 2011 at CA$ 0.65, and its lowest recent point on April 08, 2016 at CA$ 0.01.

Xtierra has 116 370 336 shares outstanding.

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Financings of Xtierra Inc.
3/2/2010Closes first tranche of private placement
Project news of Xtierra Inc.
7/25/2013(Bilbao)Completes Successful Drilling Program on Bilbao Project
12/20/2012(Bilbao)(TSXV : XAG) announces completion of Land Purchase for Bilba...
12/19/2012(Bilbao)Announces Completion of Land Purchase for Bilbao Project
4/28/2011(Bilbao)BILBAO PROJECT UPDATE
4/27/2011(Bilbao)Bilbao Project Update
4/1/2011(Bilbao)reports a new high grade silver zone at Bilbao
9/24/2010(Bilbao)Reports on Drilling at Bilbao
7/29/2010(Bilbao)Commissions Feasibility Study
7/8/2010(Bilbao)Drills 2.2m of 11% Zn, 70.5 g/t Ag
5/18/2010(Bilbao)Commences drilling
5/12/2010(Bilbao)Starts Oxide Ore Pilot Plant Tests
5/4/2010(Bilbao)Plans new drilling
4/15/2010Intersects 11.5 g/t gold over 4 metres at El Dorado
1/14/2010(Bilbao)reports metallurgical results on oxide resources as part of ...
1/11/2010(Pinos Project)Commences drilling at Pinos gold project
11/27/2009(Pinos Project)Drilling planned for Pinos gold project, Zacatecas, Mexico
9/11/2009(El Dorado Gold Project)Options new gold project in Pinos District, Zacatecas, Mexic...
4/15/2009(Bilbao)arranges $1.25 million (US) financing
11/3/2008(Bilbao)2008 Technical report
Corporate news of Xtierra Inc.
7/31/2014Xtierra Reports Second Quarter Results
7/28/2014Xtierra Initiates Strategic Review Process in Relation to It...
4/28/2014Bilbao Silver-Lead-Zinc Project - Preliminary Economic Asses...
4/25/2014Xtierra Inc.: Conversion of US$1,075,000 Debt to Equity
2/12/2013(Bilbao)Engages Runge Pincock Minarco to Oversee Completion of Bilba...
9/11/2012(Bilbao)Bilbao Infill Drilling Results
6/27/2011(Bilbao)Reports High Grade Silver Intercepts in Drilling Immediately...
5/26/2011(Bilbao)Reports Revised Resource Estimate for Bilbao Deposit
3/2/2011Exercise of Warrants Raises $3.1 Million
8/31/2010Reports half year ended June 30, 2010
7/5/2010Conquest Resources ( CQR : TSXV ) mobilizes second drill rig...
4/12/2010Signs letter of agreement with Detour Gold Corp.
3/15/2010Acquires 60% interest in Detour Lake Gold Project
2/25/2010Starts first deep hole at Alexander Property
1/25/2010Conquest Resources ( CQR : TSXV ) plans 8,000 metres of dril...
11/18/2009Options Laguna Pedernalilo project
5/7/2009(TSXV:XAG) Reports on Audited Financial Statements
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