03:28 PM EST - Xmet Inc. : announced that it has elected to proceed with Phase Two of the Blackflake West Option Agreement with Metal Creek Resources Corp. Xmet has paid to Metals Creek the sum of $15,000 and has issued a further 1,000,000 common shares to Metals Creek in accordance with the terms of its option agreement. Phase Two involves diamond drilling of its All-Channel EM response. Xmet Inc.
shares V.XME are trading down $0.005 at $0.04.
