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Xtierra Inc.

Publié le 12 mai 2010

Starts Oxide Ore Pilot Plant Tests

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Press Release

 

$B!&(B        XTIERRA STARTS OXIDE ORE PILOT PLANT TESTS

 

Toronto, May 12, 2010, Xtierra Inc. (TSXV ? XAG) ($B!H(BXtierra$B!I(B or the $B!H(BCompany$B!I(B), reports that the pilot plant test work program proposed for the near surface oxide ore at Bilbao has commenced. The protocol for the test work was recently established with the assistance of Xtierra$B!G(Bs independent metallurgical consulting team.

 

Laboratory test work results on the Oxide Ores, as reported in a Press Release dated January 14, 2010, were positive and indicate a practical and economic solution to the processing and metal recovery for the near-surface oxide resources at Bilbao. Replicating these results in a pilot plant will indicate that similar results can be expected in a full-scale industrial application.

 

The pilot plant test work program and schedule comprises five component parts: (1) collection of a representative bulk sample of approximately 20 tonnes is currently underway from two existing underground levels which are within the oxide ore wireframe. Once crushed and sampled, 4 representative composites of 5 tonnes each will be established; (2) a 0.5 tonne/hour pilot plant comprised of a crusher, ball mill, classifier, flotation cells and related equipment has been sourced and will be available to the Company over the next two weeks; (3) a Wet High Intensity Magnetic Separator (WHIMS) has been sourced and will be available in approximately 4-6 weeks time; (4) the crusher, ball mill and WHIMS will be set up in close proximity to the Bilbao project site. The four, 5 tonne sample composites will be batch processed producing approximately four, 3 tonne non-magnetic concentrates containing the payable metals. The magnetic material, containing a high percentage of iron oxide, will be kept on site and marketing of this reject material to the cement industry will follow; (5) the non-magnetic material will be transported to the Institute of Metallurgy at the University of San Luis Potosi where the acid leach, flotation and cyanidation processes will take place at a rate of 20 kg/hr, 24 hr/day over a 15 day period. The tanks, agitators, pumps and electric controls for the leach process are currently being fabricated and are scheduled to be installed at the Institute of Metallurgy by the beginning of June.

 

The oxide ore pilot plant test work and related reports are scheduled to be completed in the third quarter 2010. Metallurgical test work on the transition (mixed oxide and sulphide) ore as well as on the sulphide ore is currently in progress. Results and related reports on this work are expected in June 2010.

 

Comment

Terence McKillen, CEO of Xtierra said, $B!H(BCompletion of the pilot plant test work on the near surface oxide ores at Bilbao will be an important milestone for the project. Confirmation of metal recoveries in a larger-scale process plant replicating continuity of the flow sheet process will establish the recoveries of the various metals that can be achieved in a commercial process.$B!I(B Mr. McKillen added, $B!H(BThe metallurgical test work is an important final step in the completion of the Bilbao feasibility study and will enable final economic studies on the project to be completed.$B!I(B

 

Qualified Person

Information of a scientific or technical nature contained in this release has been prepared by or under the supervision of Gerald Gauthier, P.Eng., the Chief Operating Officer of the Company, and a $B!F(Bqualified person$B!G(B within the meaning of National Instrument 43-101 ? Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

 

About Xtierra Inc.

Xtierra Inc. is a Toronto based exploration and development company listed on the TSX Venture Exchange. Xtierra$B!G(Bs shares trade under the symbol $B!H(BXAG.$B!I(B Xtierra has 75,637,003 shares issued and outstanding. Xtierra is conducting a feasibility study on its Bilbao silver$B!>(Bzinc$B!>(Blead-copper project in Zacatecas, Mexico. Xtierra$B!G(Bs objective is to become a mid$B!>(Btier producer of precious and base metals through the development of its Bilbao project as well as through exploration, organic growth and M & A opportunities.

 

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.

 

This news release may include certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives of Xtierra, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Xtierra$B!G(Bs expectations are exploration risks detailed herein and from time to time in the filings made by Xtierra with securities regulators.

 

For further information visit www.xtierra.ca or contact:

 

Terence N. McKillen, President & Chief Executive                            +1 (416) 362-8243

Tim Gallagher, Director                                                                     +1 (416) 925-0090

Alejandro Alaniz, Director Finance & Administration (Mexico)          + 52 (492) 925-0804

Brett Whitelaw                                                                                   +1 (778) 836-5891

 

 

We respect your privacy.  If you wish to be removed from XAG email distribution list please reply to this email by typing $B!H(BUNSUBSCRIBE$B!I(B in the subject line and you will be removed from future mailings.

 

 

 

 

Xtierra Inc.

EXPLORATEUR
CODE : XAG.V
ISIN : CA98417Q1037
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Xtierra est une société d’exploration minière de zinc et de plomb basée au Canada.

Ses principaux projets en exploration sont PANFILO NATERA - MILAGROS, PINOS PROJECT, PANFILO NATERA - EL MORRO, VILLA DE RAMOS, BILBAO et LA LAGUNA PEDERNALILLO au Mexique.

Xtierra est cotée au Canada. Sa capitalisation boursière aujourd'hui est 2,9 millions CA$ (2,3 millions US$, 2,2 millions €).

La valeur de son action a atteint son plus haut niveau récent le 25 février 2011 à 0,65 CA$, et son plus bas niveau récent le 08 avril 2016 à 0,01 CA$.

Xtierra possède 116 370 336 actions en circulation.

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Financements de Xtierra Inc.
02/03/2010Closes first tranche of private placement
Projets de Xtierra Inc.
25/07/2013(Bilbao)Completes Successful Drilling Program on Bilbao Project
28/04/2011(Bilbao)BILBAO PROJECT UPDATE
27/04/2011(Bilbao)Bilbao Project Update
01/04/2011(Bilbao)reports a new high grade silver zone at Bilbao
29/07/2010(Bilbao)Commissions Feasibility Study
08/07/2010(Bilbao)Drills 2.2m of 11% Zn, 70.5 g/t Ag
18/05/2010(Bilbao)Commences drilling
12/05/2010(Bilbao)Starts Oxide Ore Pilot Plant Tests
04/05/2010(Bilbao)Plans new drilling
15/04/2010Intersects 11.5 g/t gold over 4 metres at El Dorado
14/01/2010(Bilbao)reports metallurgical results on oxide resources as part of ...
11/01/2010(Pinos Project)Commences drilling at Pinos gold project
27/11/2009(Pinos Project)Drilling planned for Pinos gold project, Zacatecas, Mexico
11/09/2009(El Dorado Gold Project)Options new gold project in Pinos District, Zacatecas, Mexic...
03/11/2008(Bilbao)2008 Technical report
Communiqués de Presse de Xtierra Inc.
31/07/2014Xtierra Reports Second Quarter Results
28/07/2014Xtierra Initiates Strategic Review Process in Relation to It...
28/04/2014Bilbao Silver-Lead-Zinc Project - Preliminary Economic Asses...
25/04/2014Xtierra Inc.: Conversion of US$1,075,000 Debt to Equity
12/02/2013(Bilbao)Engages Runge Pincock Minarco to Oversee Completion of Bilba...
11/09/2012(Bilbao)Bilbao Infill Drilling Results
27/06/2011(Bilbao)Reports High Grade Silver Intercepts in Drilling Immediately...
26/05/2011(Bilbao)Reports Revised Resource Estimate for Bilbao Deposit
02/03/2011Exercise of Warrants Raises $3.1 Million
05/07/2010Conquest Resources ( CQR : TSXV ) mobilizes second drill rig...
12/04/2010Signs letter of agreement with Detour Gold Corp.
15/03/2010Acquires 60% interest in Detour Lake Gold Project
25/02/2010Starts first deep hole at Alexander Property
25/01/2010Conquest Resources ( CQR : TSXV ) plans 8,000 metres of dril...
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