14:59:28 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Xander Resources Inc (3)
Symbol XND
Shares Issued 8,403,957
Close 2025-08-06 C$ 0.32
Market Cap C$ 2,689,266
Recent Sedar+ Documents

Xander signs option to acquire Timmins East claims

2025-08-13 09:39 ET - News Release

Subject: Xander Resources Inc. - News Release for Immediate Dissemination Word Document

File: '\\swfile\EmailIn\20250813 051412 Attachment XND NR 2025 08 13 - Timmins Acquisition.docx'

Suite #400 - 1681 Chestnut Street, Vancouver, BC V6J 4M6

www.xanderresources.ca

Xander Resources Acquires Timmins East Portfolio

Vancouver, British Columbia / August 13, 2025 - Xander Resources Inc. ("XND" or the "Company") (TSXV: XND), a North American mineral acquisition and exploration company, is pleased to announce that, subject to the approval of the TSX Venture (the "Exchange"), the Company has executed an option (the "Option Agreement") for the right to purchase an undivided 100% interest in 332 mineral claims adjacent to and nearby its existing Timmins Project.

The Timmins East Portfolio (the "Properties") are approximately 6,904 hectares and are located north of Timmins, Ontario, as seen in Figure 1.

Deepak Varshney, CEO of Xander, commented: "We are excited to announce the option of the Timmins East Portfolio, which builds on our existing land package in a very prospective part of Ontario. These new claims grow our flagship asset, while also adding a new project adjacent to Canada Nickel Company's Mann Deposit. With strong geological potential, significant magnetic anomalies, high-conductivity zones, and elevated nickel levels, these new claims have the potential to unlock value through greenfield exploration."

Figure 1 - Xander Resources Claims in Timmins, Ontario.

There are three (3) claim blocks that comprise the Timmins East Portfolio.

Two (2) claims blocks comprising 154 mineral claims totaling approximately 3,104 hectares are adjacent and nearby Xander's existing claims that comprise the Timmins Project. The geological and lithological setting of the existing Xander claims along with the western blocks of the recently optioned claims are very similar to that of the nearby Canada Nickel Company's (CNC) Reid nickel deposit, 1.5 kilometres away from the Xander Resources claims eastern border, in which the near surface expression of the Reid Ultramafic Complex of Wawa-Abitibi Terrane of the Archean Superior province is hosted by the Blake River Assemblage. The Blake River Assemblage is dominated by mafic to intermediate volcanic rocks and is the target host lithology to VMS deposits such as Glencore's Kidd Creek.

Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the Company's properties.

The correlation of the claims geology and lithology with that of Crawford Nickel deposit (16 km west of claims) in which the underlain mafic, intermediate and felsic metavolcanics striking between east-west and WNW-ESE, a number of interflow sedimentary units that are present including graphitic and sulphidic sediments and number of faults with trend in either the NNE-SSW or ENE-WSW directions, is further evidence of the potential for targeting the same mineralization within Xander's existing claims along with the newly optioned claims.

Figure 2 - Xander's Timmins Project.

The third claim block, the "Mann" block, which is nearby CNC's Mann Deposit, comprises 179 claims totaling approximately 3,799 hectares. The geological and lithological setting is more associated with the Mann Intrusive complex, which is one of several large, mafic-ultramafic complexes located in the southwestern part of the Abitibi greenstone belt a mafic-ultramafic intrusion within the Wawa-Abitibi terrane. This complex is host to the Mann Nickel deposit, 2.5 km away from the claim southern border, which is one of the most significant Ni-Co-Cr-PGE deposits in the region.

Figure 3 - Xander's Mann Project.

Considering all the mentioned geological and lithological features as well as geophysical magnetic and conductive anomalies associated with the claims, the Company believes there is a potential for targeting similar mineralization as the Reid, Crawford and Mann nickel deposits.

The Company's plan over the coming months is to build on the work at its existing claims through further geophysical mapping and interpretation, sampling, and other techniques, and simultaneously begin exploration at its newly optioned claims, with the goal of launching a comprehensive drill program at its Timmins Project.

Pursuant to the Option Agreement, the Company may acquire a 100% interest in the Property by issuing to the Vendors an aggregate of 1,700,000 common shares ("Shares") in the capital of the Company as indicated in the table below:

Payment

Shares

Signing

850,0001,2

1st Anniversary

850,0002,3

Total

1,700,000

Notes

Payable within fifteen (15) days from receipt of approval to the Agreements from the Exchange (the "Approval").

Shares of the Company are to be issued at a deemed value based on the Discounted Market Price at the time of issuance.

Payable on the first anniversary of receipt of Approval from the Exchange.

The Company has granted a 2% net-smelter returns royalty (the "NSR") to the Vendor.

The transaction contemplated, including the issuance of the Shares, are 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 Mr. Babak Vakili Azar, P.Geo., an independent contractor and a qualified person as defined by National Instrument 43-101.

About Xander Resources Inc.

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

XANDER RESOURCES INC.

For more information, please call email info@xanderresources.ca or visit www.xanderresources.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements:

This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.

The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.

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