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Last C$0.03 CAD
Change Today 0.00 / 0.00%
Volume 194.3K
XME On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt
As of 1:14 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

xmet inc (XME) Snapshot

Open
C$0.03
Previous Close
C$0.03
Day High
C$0.03
Day Low
C$0.03
52 Week High
05/26/14 - C$0.09
52 Week Low
05/29/14 - C$0.03
Market Cap
3.2M
Average Volume 10 Days
329.5K
EPS TTM
C$-0.01
Shares Outstanding
106.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for XMET INC (XME)

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xmet inc (XME) Details

Xmet Inc., an exploration stage company, engages in the exploration and development of mineral properties in Quebec and Ontario, Canada. It explores for gold, copper, and deposits. The company has interests in the Duquesne-Ottoman property that covers an area of 928.6 hectares and is located to the north of the Rouyn-Noranda city, Quebec; and the Grasset Property, which consists of 114 contiguous exploration licenses covering an area of 1,846 hectares and is located to the west of Matagami, Quebec. It also has interests in the Authier Property that comprises 135 claims covering 2,169 hectares and is located in the western Abitibi Region of Quebec. The company is headquartered in Toronto, Canada.

xmet inc (XME) Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Total Annual Compensation: C$90.0K
Chief Financial Officer, Corporate Secretary ...
Total Annual Compensation: C$36.0K
Compensation as of Fiscal Year 2013.

xmet inc (XME) Key Developments

Xmet Completes Initial Diamond Drill Program on Grasset Project

Xmet Inc. reported that it has completed the initial phase of the diamond drilling program on its wholly-owned Grasset Property, located along the eastern extension of the Detour- Lake deformation zone in the highly prolific Abitibi Mining District of Quebec. The company completed 11 drill holes for a total of approximately 2,600 metres and tested all the priority targets it had identified in the previous geophysical surveys, including a priority VTEM anomaly, that was added to the program, on the southern shore of Grasset Lake. Demobilization of the drilling crew is complete, planned sampling has been completed and all samples have been shipped to the laboratory. Upon receipt and analysis of the analytical results, Xmet will be report same and will complete targeting for a second phase follow up drill program that is planned for the project.

Xmet Provides Grasset Drilling Update on its Grasset Project

Xmet Inc. announced that it thus far completed drilling eight holes on its Grasset Project out of the ten holes originally planned. Three of these holes encompassing approximately 460 metres have been cut and sent to the lab for assays. The remaining completed holes are being cut and processed and will be sent for assays in the near future. Xmet has also decided to expand its Grasset drill program to include two additional land based holes as a result of geophysical interpretations it has received from its VTEM survey that it completed in January 2015. The Company recently received drill permits from the Province and is currently completing the access road to reach the land based targets. Drilling for the entire program should be completed by the end of March 2015 with assay results to follow.

Xmet Inc. Commences Drilling on its Grasset Project

Xmet Inc. announced that it has commenced drilling on its 100% owned Grasset project located along the Detour Sunday Lake Deformation Zone and adjacent to Balmoral Resources Grasset Project. Rouillier Drilling was engaged to complete the scheduled 2,200 metre program which includes ten diamond drill holes. The targets where delineated from the airborne VTEM recently completed by Xmet and previous ground IP work completed by Xmet. The drill program is expect to be complete towards the end of March 2015.

 

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