Xtra Energy Ord Shs (OTCMKTS: XTPT) has expanded its antimony mining focus outside of Nevada by acquiring full control over Washington’s major deposits.
The aspiring antimony concentrate producer revealed Monday that it has obtained the state’s past-producing Antimony Queen Mine and a group of other promising prospects within a 1,650-acre land package.
The primary asset, Antimony Queen, stopped producing antimony (Sb) in 1972 after being in operation since 1906. It churned out approximately 1,000 tons of stibnite ore and large quantities of antimony oxide. The site also hosts significant gold, tungsten, silver, copper and lead mineralization.
“These strategic acquisitions represent a pivotal step forward in XTPT’s mission to become America’s leading domestic supplier of antimony,” the company stated in a news release, “significantly expanding the company’s land position and operational reach within the United States.”
Unfortunately however, the Antimony Queen site has been designated as contaminated by the state’s Department of Ecology. Although mining and exploration work is not prohibited, Xtra Energy is currently formulating a clean up plan in partnership with the government agency.
Washington’s historical role in U.S. antimony production has been limited in comparison to states like Alaska, Nevada and Idaho. Nonetheless, its deposits have garnered attention as securing multiple domestic sources has become a key concern for the government.
Read more: NevGold’s latest drill results extend priority target at Limo Butte by over 200 metres
Bureau of Land Management gives $XTPT key authorization
The news follows Xtra Energy obtaining approval for drilling and road construction at its flagship operation in Nevada’s desert: the American Antimony Project. This site hosts multiple stockpiles of material suspected to contain high concentrations of antimony. Xtra plans to begin sampling them once road access has been established.
“Past operators shipped only material grading over 50 per cent Sb,” Xtra explained last week, “leaving behind substantial volumes of high-grade stockpiled ore.”
These shipments were made when the commodity was not nearly as valuable as it is currently.
In the “Silver State” of Nevada, now more renowned for gold mining and increasingly attracting attention for Sb prospecting, Xtra is joined by other juniors with promising antimony projects.
Global Tactical Metals Corp (CNSX: MONI) (FRA: A7F), NevGold Corp (CVE: NAU) (OTCMKTS: NAUFF) (FRA: 5E50) and Military Metals Corp (CNSX: MILI) (OTCMKTS: MILIF) (FRA: QN90) are additional operators aiming to speedily develop their respective Nevada Sb assets.
$XTPT NEWS! HUGE asset and resource expansion!
This acquisition positions XTPT "for both near-term development and long-term resource expansion."
Provides "100% control of all key antimony-bearing deposits within the Carlton-Gold Creek District."https://t.co/57mBOVNcex pic.twitter.com/4G4uHTRPsR
— Weedspan (@AlanWeedspan) June 16, 2025
Read more: NevGold pulls up even more promising antimony grades from Nevada property
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