Mr. Deepak Varshney reports

XANDER RESOURCES EXPANDS PROJECT PORTFOLIO WITH THE BEAR RIVER TUNGSTEN PROJECT

Subject to the approval of the TSX Venture Exchange, Xander Resources Inc. has executed an option for the right to purchase an undivided 100-per-cent interest in the Bear River tungsten property comprising 36 mineral claims covering approximately 1,980 hectares in southeastern Quebec.

Deepak Varshney, chief executive officer of Xander, commented, "The Bear River claims are an exciting addition to our growing portfolio of critical metal assets, and our review highlights the potential for new discoveries at this project."

The project is situated in southeastern part of Allochthon subdivisions of the Granville geological province adjacent to Anticosti platform and Havre-Saint-Pierre complex, which is characterized by ancient, highly metamorphosed rocks, and includes a mineralized showing (Ech. CN-08-285) with tungsten concentrations in the form of wolframite, which could be associated to the quartz veining systems intruded in the Wakeham group rocks.

The company believes there is possible potential of tungsten mineralization associated with metamorphism or with quartz veining systems within the project based on the following:

• The lithological setting (Wakeham group) in which the mineralization is hosted, an arenaceous siliciclastic sequence accompanied by paragneiss, mudrock, conglomerate, carbonate rocks and volcanic rocks in smaller proportions that are weakly to moderately metamorphosed;
• The other geological settings and groups within the project claim boundaries such as the La Galissonniere (granite, monzogranite and quartz syenite) and Robe Noire (gabbro sills and dikes);
• The evidence of metamorphism, including a degree of recrystallization of the rock, the transformation of some detrital minerals into metamorphic minerals in some areas and the deformation that has modified or obliterated the initial geometry of the deposits in some other areas, and the presence of tungsten in the system (as it is presented in the Ech. CN-08-285 showing).

Pursuant to the option agreement, the company may acquire a 100-per-cent interest in the property by issuing to the vendor an aggregate of one million common shares in the capital of the company as indicated in the table below.

The company has granted a 2-per-cent net-smelter returns royalty to the vendor.

The transaction contemplated, including the issuance of the shares, is subject to the final approval of the exchange. The shares will be subject to the applicable hold periods in accordance with securities laws in Canada and the exchange policies.

Qualified person

The technical content of this news release has been reviewed and approved by Babak V. Azar, PGeo (EGBC No. 62313, OGQ No. 10876), an independent contractor and a qualified person as defined by National Instrument 43-101.

About Xander Resources Inc.

Xander Resources is a North American mineral acquisition and exploration company focused on the development of quality critical metal properties with high upside and expansion potential.

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