Canada Tungsten options X-Cal bets

Canada Tungsten Mining Corp. has optioned two properties from X-Cal Resources in B.C. On the Tyax property, Canada Tungsten can earn 50% of X-Cal’s interest by spending $1 million over a 3-year period. The company can also earn a 50% interest in the Anderson Lake property by spending $500,000 over three years.

On the Snowbird project near Fort St. James, B.C., X-Cal has received encouraging results from an overburden drilling program. The work outlined several gold anomalies, including a 5-ft section of bedrock which assayed 0.4 oz gold per ton.