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Xtract Resources Plc (LON:XTR – Get Rating) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1.69 ($0.02) and traded as high as GBX 2.30 ($0.03). Xtract Resources shares last traded at GBX 2.18 ($0.03), with a volume of 1,139,702 shares […]
17 May 2021 | 09:23am StockMarketWire.com - Mining group Xtract Resources said a geophysical survey had identified potential extensions to the Racecourse mineral resource on the Bushranger copper-gold exploration project in Australia. The survey indicated that the Racecourse source had the potential to extend in several directions, including at least 800 metres to the northwest, the company said. The deposit also appeared to be open to the southeast and mineralisation previously detected by limited drilling on the northeast side could be more extensive than currently known, it added. The surv...
19 April 2021 | 09:42am StockMarketWire.com - Mining company Xtract Resources said it had raised £5.5 million share issue to fund a second-phase drilling programme at its Bushranger project in Australia. New shares in the company were being offered via a placing at 5.6p each, a 9.6% discount to their closing price on Friday. The proceeds would fund the next stage of exploration development on the Bushranger copper-gold exploration project, located in the Lachlan Fold Belt of New South Wales. 'The phase-one drilling has been recently completed producing very good results and indicates a consi...
19 January 2021 | 13:17pm StockMarketWire.com - Xtract Resources has updated on exploration work on the first hole in the phase one diamond drilling programme at the Bushranger copper-gold exploration project in Australia. Drilling of the first of three planned holes at the Racecourse mineral resource has now progressed to a depth of 1,047 metres, around 232 metres past the original planned finishing depth. Xtract said the hole continues to encounter strong visible copper mineralisation, and will be further extended until the zone is drilled through. Executive chairman Colin Bird said: 'The h...
18 January 2021 | 13:44pm StockMarketWire.com - Mining group Xtract Resources has announced that copper mineralization has been recorded 160m past the planned finishing depth at the Racecourse Mineral Resource site on the Bushranger copper-gold exploration project in New South Wales, Australia. In a further update on its drilling programme, the company said that drill hole BRDD-20-001, the first of three holes of the Phase One Drilling Programme, has now progressed to a depth of 975m, exceeding the 815m reached on 15 January 2021. Executive chairman Colin Bird said: 'The hole continues to be ...