Aimed at delineating Xmet’s first target for the upcoming drill program, the new program also involves Ground Magnetic and Induced Polarization surveys.
Xmet has been completing its line cutting program which is necessary to begin the ground geophysics since past two weeks.
Xmet chairman and CEO Alexander Stewart said that the company is excited to be at the final stage prior to drilling.
"The Blackflake project has evolved from a very interesting anomaly to a broader exploration play with multiple targets having similar characteristics," Stewart added.
"Our goal has been to begin our drill program prior to the ice melting, and we are confident that drilling on the Primary Target will begin as planned."
Additionally, the company has staked additional lands that capture the full extent of the anomalies, as a result of the VTEM survey announced in February 2014.
"Additional staking was targeted as a result of the VTEM survey along the current boarder of our claims and we will be planning programs to develop these targets in the near term."
