03:34 PM EST - Xmet Inc. : has completed the initial phase of the diamond drilling program on its wholly-owned Grasset Property, located along the eastern extension of the Detour-Sunday 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. Xmet Inc.
shares V.XME are trading down $0.005 at $0.04.
