Welcome to our dedicated page for Xtra Energy news (Ticker: XTPT), a resource for investors and traders seeking the latest updates and insights on Xtra Energy stock.
Xtra Energy Corporation (XTPT) is a Nevada-based exploration company focused on advancing its American Antimony project through advanced geological methods and NI 43-101 compliant studies. This page provides investors and industry observers with direct access to official corporate announcements, technical reports, and operational updates.
Discover timely information on resource estimates, exploration milestones, and strategic initiatives. Our curated news collection includes press releases detailing geochemical assay results, satellite mapping progress, and compliance updates. All content is sourced directly from company filings and verified industry partners.
Key updates cover three critical areas: mineral resource validation through petrographic analysis, exploration technology deployments including high-resolution satellite surveys, and regulatory developments impacting antimony supply chains. Bookmark this page to monitor XTPT's progress in consolidating historic mining claims and modernizing exploration methodologies.
American Antimony Corporation (OTCID:XTPT) has successfully resolved a legal dispute resulting in the cancellation of 15.24 million common shares. The legal matter stemmed from a 2012 acquisition agreement where certain shareholders failed to return shares following the agreement's termination.
The District Circuit Court ruled in favor of the company, leading to the cancellation of these disputed shares, which represents approximately 6% reduction in the company's total issued and outstanding common shares.
Xtra Energy Corporation (OTCID:XTPT) has announced the appointment of Aarya Shahsavar, P.Eng. to two key positions: Executive Vice President of Engineering and member of the Board of Directors. This strategic appointment aims to enhance the company's technical capabilities and innovation leadership as it develops its flagship American Antimony Project located in Nevada's Bernice Canyon District.
Xtra Energy Corporation (OTC PINK:XTPT) has announced significant drilling results from its Arrance Mine within the American Antimony Project in Nevada. The company completed five reverse circulation (RC) drill holes, with four intercepting substantial stibnite mineralization. The standout discovery was in Hole BC25-03, which revealed a 285-foot continuous dike intercept with strong stibnite mineralization and exceptional gold values, including zones of 107 g/t Au and 190 g/t Au.
The drilling program confirmed a thick, steeply dipping, stibnite-bearing felsite dike system with an estimated true width of 30-45 ft. Notably, the antimony mineralization shows exceptionally low arsenic levels, suggesting favorable metallurgy. This discovery is particularly significant as antimony is classified as a critical mineral essential for defense, semiconductors, and energy storage applications.
Xtra Energy Corp (OTC Pink:XTPT) has expanded its antimony mining footprint by acquiring 1,240 acres in Nevada's Big Creek District. The newly acquired land encompasses the historic Bray-Beulah Mine and Hard Luck Pradier, both former high-grade antimony producers.
The Bray-Beulah Mine, Nevada's third-largest historical antimony producer, yielded over 1,000 tons of 60% antimony ore between 1891-1898. The site features over 900 feet of underground workings and has remained largely unexplored since World War I. Located approximately 50 miles from XTPT's Flagship American Antimony Project, this strategic acquisition strengthens the company's position in domestic antimony supply chains.
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 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.