Xmet to Commence Ground Geophysics on Blackflake West 'All Channel' EM Target

Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce
that it has engaged Abitibi Geophysics to commence the ground geophysical
program on its Blackflake West 'All Channel' Electromagnetic ("EM") target in
the next few days. 


The ground geophysical program consists of phases, with the ground magnetics
component being first followed by ground Induced Polarization and/or ground
Electromagnetic to better delineate the target for drilling. The magnetic grid
will consist of approximately 36 line km over the 'All Channel' Electromagnetic
response target.


"We were recently on site at the Blackflake West property and were able to
assess that ground conditions and target accessibility are now suitable to
carrying out our ground magnetics. This ground magnetic survey will give us a
better understanding of the 'All Channel' anomaly's strike and size. Phase one
of the ground geophysical program, which is magnetics should be completed and
assessed by the end of this month," said Alexander Stewart Xmet's Chairman and
CEO.


About Xmet's Blackflake Project

Xmet's Blackflake Project comprises over 30,000 acres of 100% owned claims and
over 8,000 acres of fifty percent owned or optioned claims located approximately
60km to the northwest of Hearst, Ontario and is adjacent to Zenyatta's
Hydrothermal Graphite Deposit. Xmet has now conducted three airborne
electromagnetic surveys, VTEM and TDEM, which discovered multiple
electromagnetic conductors making the targets highly prospective for further
exploration. Xmet has developed an excellent working relationship with the
Constance Lake First Nation, with whom the company signed an ongoing Exploration
Agreement. Xmet has received all necessary approvals from the Ministry of
Northern Development and Mines to conduct ground geophysics on and to drill the
'All Channel' target.


About Blackflake West

Xmet Inc. has the option to earn up to a 60% interest on a portion of the
Blackflake West Graphite Project from Metals Creek Resources Corp. by incurring
a series of work commitments on the property as well as cash payments and share
issuances as detailed in our May 22nd, 2014 news release. Additional land claims
contiguous to the optioned portion of the Blackflake West are either 100% or 50%
owned by Xmet Inc.


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


Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. Xmet assumes no obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those reflected in
the forward looking-statements unless and until required by securities laws
applicable to Xmet. Additional information identifying risks and uncertainties
is contained in filings by Xmet with Canadian securities regulators, which
filings are available under Xmet's profile at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Xmet Inc.
Alexander Stewart
Chief Executive Officer
(416) 644-6588
astewart@xmet.ca


Xmet Inc.
Stephen Stewart
President
(416) 644-6588
sstewart@xmet.ca

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