The Board of Xtract Resources Plc ("Xtract" or the "Company") is pleased to provide information on the preliminary hand-held XRF geochemical measurements undertaken on the first hole of the Racecourse Copper-Gold Deposit drilling programme at the Bushranger exploration project, located in the Lachlan Fold Belt ("LFB") of New South Wales, Australia. Drill hole BRDD-20-001 was completed at an amended total depth of 1,145.6m, with the drill hole intersecting 905m of porphyry-associated copper mineralisation based on analysis by hand-held XRF spectrometer. Drilling of the second hole (BRDD-21-002) of the Phase One drilling programme has commenced.
Highlights · Hole BRDD-20-001 was drilled to investigate the potential to extend the copper-gold mineralisation at the Racecourse deposit to the northwest beyond the previous boundary of the Inferred Mineral Resource