Announcement Date: 2022-05-10
Announcement Type: Drilling Results
Announcement Code: (no Code)
Company name: Xtract Resources Plc
Project name: Bushranger
Location: Australia
Commodities: Gold,Silver,Copper
Highlight: Drilling results incl. 2m @ 0.01% Cu, 15.5g/t Au, 1.6g/t Ag
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to advise that independent laboratory assays have been received for a number of drill holes including, BRDD-21-023, BRDD-21-025, BRDD-21-029, BRDD-21-033, BRDD-21-034, and BRDD-22-044 from the Phase 2 diamond drilling programme at the Bushranger copper-gold exploration project. The results from six further drill holes have been received on the Bushranger copper-gold exploration project. The majority of these holes were exploratory in nature to test for extensions of the known mineralisation and were not drilled into the main Racecourse resource. Drillhole BRDD-22-044 was designed to test for the along-strike continuation of the Ascot mineralisation 250m to the north from drill hole BRDD-21-035. It was drilled at an inclination of -70 degrees towards the east and completed at a final depth of 696.7m. The hole intersected a 52m interval at 0.21% CuEq from 388m downhole depth which gives a strong suggestion that the Ascot mineralisation extends along-strike to the north.
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