Xtra Energy Stock Price, News & Analysis

Xtra Energy Corp. (OTCID:XTPT) has launched its Phase 1 Reverse Circulation (RC) drilling program at the American Antimony Project in Churchill County, Nevada. The campaign, which began on July 15, 2025, will be executed by Harris Exploration Drilling and supervised by Robert Johansing, a Qualified Person with extensive experience.

The comprehensive drilling program includes 20-30 holes with depths ranging from 300-500 feet per hole, targeting a minimum total footage of 6,000 feet. The campaign aims to test extensions of historically productive stibnite veins across the 4-kilometer mineralized zone, focusing on the Antimony King, King Solomon, and Arrance corridors.

Xtra Energy Corp. (OTC Pink:XTPT) has commenced road construction at its American Antimony Project in Nevada following BLM's acceptance of the reclamation bond. The project features 22+ historic surface stockpiles with sampling grades up to 33% Sb and an average of 12.8%.

The company plans to begin its Phase 1 drill program and stockpile assessment next week, targeting the first 2,100 tons of material for metallurgical testing and potential sales. The project aims to become a crucial domestic source of antimony, essential for munitions, semiconductors, and grid-scale energy storage, particularly significant amid Pentagon's recent halt on certain munitions exports due to low U.S. stockpiles.

Xtra Energy Corp. (OTC Pink:XTPT) has received formal acceptance of its reclamation bond from the U.S. Bureau of Land Management (BLM) for the American Antimony Project in Nevada. This regulatory approval enables the company to immediately commence development activities including road construction, site preparation, and drilling operations.

The company's immediate development plans include launching Phase 1 drilling to test high-grade stibnite-bearing dikes and veins, and conducting metallurgical testing on historic surface stockpiles that have shown grades up to 33% Sb. The project aims to establish America's first producing antimony operation, addressing the current 100% reliance on imports, primarily from China.

The American Antimony Project is strategically positioned to develop a domestic supply of antimony, which is designated as a critical mineral essential for defense, semiconductors, and energy storage applications.

Xtra Energy Corp. (XTPT) has expanded its U.S. antimony portfolio by acquiring the Stibnite Prospect and gaining control of the Gold Creek Antimony District in Washington State. The acquisition, done in partnership with SD&T Associates Ltd. (owned by XTPT's CEO), includes 80 new parcels totaling 1,650 acres for XTPT and 17 parcels totaling 350 acres for SD&T. The combined holdings represent complete control of all key antimony deposits in the Carlton-Gold Creek District. The historic Antimony Queen Mine, part of the acquisition, previously produced over 1,000 tons of stibnite ore and several hundred tons of refined antimony oxide. The site requires environmental cleanup under Washington's Model Toxics Control Act. The geology shows high-angle veins rich in stibnite, arsenopyrite, and pyrite, with historical gold assays up to 2.8 g/t.

Xtra Energy Corp (OTC:XTPT) has received crucial BLM approval for immediate road construction and drilling at its American Antimony Project in Nevada. The company plans to target high-priority zones along historic mine corridors and evaluate over 22 antimony stockpiles, with initial sampling showing grades up to 33% and averaging 12.8%. Two priority stockpiles containing approximately 2,100 tons of antimony-rich material have been identified for immediate evaluation. The project aims to establish domestic antimony production, addressing U.S. strategic needs as the country currently imports 100% of its antimony supply, primarily from China. Antimony is a critical mineral essential for defense systems, semiconductors, and energy storage applications.

Xtra Energy Corp. (XTPT) has announced positive results from a mineralogical study at its Bernice Canyon antimony project in Nevada. The study identified three distinct styles of antimony mineralization associated with a felsite dike subjected to multiphase quartz-sericite-pyrite alteration.

The mineralization types include: spheroidal (widespread, with antimony grades 0.52-2.45% Sb), massive veins (up to 5cm thick), and quartz-ankerite-stibnite (showing high antimony values up to 30.89% Sb). The company's geological analysis suggests a unique antimony deposit formation, different from typical Nevada antimony occurrences.

The company is currently in the permitting process with the BLM for a drilling campaign targeting shallow antimony deposits along the felsite dike, with road preparations planned for Spring 2025.

Xtra Energy Corp. (OTC Pink:XTPT) has retained the strategic advisory team that recently helped Sidney Resources Corp. secure an $8 million capital raise. This move aims to accelerate the development of Xtra Energy's flagship 'American Antimony' project in Nevada.

The project, located 31 miles northeast of Eastgate, encompasses 203 lode claims across 4,276 acres surrounding the historic Antimony King Mine and the Bernice Mining District. The advisory team will focus on securing additional financing, identifying joint venture opportunities, and positioning Xtra Energy as a leading North American antimony producer.

The advisors will also assist in strengthening corporate infrastructure, refining project timelines, implementing cost-effective exploration strategies, and enhancing ESG standards. Antimony, recognized as a critical mineral by the U.S. government, is essential for energy storage, advanced materials, national defense, and green technologies.

Xtra Energy Corp. (OTC Pink:XTPT) has initiated key permitting for its American Antimony Project in Churchill County, Nevada. The company has partnered with Trinity Consultants - WestLand to begin the permitting process, focusing on restoring the historic road to the Antimony King mine in Bernice Canyon.

The project involves approximately 0.77 acres of washout mitigation and minor clean-up of existing mine roads. The company plans to conduct Reverse Circulation (RC) drilling to test mineralized felsite dike near the Arrance, King Solomon, and Antimony King mines. XTPT requires a Bureau of Land Management permit and expects to complete a Notice of Intent within weeks, with approval anticipated within 30 days.

The company aims to test existing antimony stockpiles for potential third-party sales and supply agreements, potentially creating early revenue streams. The permitting process is expected to complete by Q1 2025, with drilling targeted for Q2 2025.

Xtra Energy Corp. (OTC Pink:XTPT) has initiated detailed petrographic studies on mineral samples from its American Antimony Project in Churchill County, Nevada. The studies, conducted by Dr. Allen Miller of Ottawa, Canada, aim to enhance understanding of mineralogical characteristics and identify optimal extraction methods for antimony, a critical mineral used in defense, electronics, and energy storage industries.

The analysis will focus on mineral associations, textures, and distribution of antimony-bearing minerals within the ore, providing insights into the project's geometallurgical model and optimizing exploration and extraction processes. Results are expected within 4 to 6 weeks and will form the foundation for future development activities, including resource estimation and processing methodologies.

Mac J. Shahsavar, P.Eng., Chairman and CEO of Xtra Energy Corp., emphasized the importance of this step in advancing the project and ensuring responsible antimony supply for industries reliant on this critical mineral.