Over the past two weeks, Xmet has been completing its line cutting program which is necessary to begin the ground geophysics. The area's unusually deep snow cover made progress on the line cutting slower than anticipated, but it is nearing completion. Xmet would also like to announce that as a result of the VTEM survey, announced February 24th, 2014, it has staked additional lands that captures the full extent of the anomalies. "Management is excited to be at the final stage before drilling. The Blackflake project has evolved from a very interesting anomaly to a broader exploration play with multiple targets having similar characteristics. Our goal has been to begin our drill program prior to the ice melting, and we are confident that drilling on the Primary Target will begin as planned. Additional staking was targeted as a result of the VTEM survey along the current boarder of our claims and we will be planning programs to develop these targets in the near term. The Blackflake project has developed into an exciting exploration play with multiple targets beyond our Prime target which share similar geophysical features," said Alexander Stewart, Xmet's Chairman and CEO.