Investegate |Xtract Resources plc Announcements | Xtract Resources plc: Bushranger Project completion of third drill hole investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
The Board of Xtract Resources Plc ( Xtract or the Company ) provides information on further progress of the Phase One diamond drilling programme at the Racecourse Mineral Resource on the Bushranger porphyry copper-gold exploration project located in the Lachlan Fold Belt ( LFB ), New South Wales, Australia. · Hole BRDD-21-003, the third hole of the planned drilling programme, is currently at a depth of 310m, having entered the perimeter zone of the porphyry system at 290m. · As with the earlier holes, minor sphalerite and increasing amounts of pyrite-pyrrhotite occur within the outer alteration zone. · Core logging and sampling is progressing satisfactorily on the first two holes of the programme, with sample batches being dispatched to the assay laboratory for copper, gold and multi-element analysis.
The Board of Xtract Resources Plc ( Xtract or the Company ) is pleased to provide an update regarding progress of the second hole in the Phase One diamond drilling programme at the Racecourse Mineral Resource on the Bushranger porphyry copper-gold exploration project located in the Lachlan Fold Belt ( LFB ), New South Wales, Australia. · Drilling of the second hole of the Phase One Drilling Programme at the Racecourse Mineral Resource on the Bushranger Project, has continued to 405m out of a planned hole depth of about 750m · Hole BRDD-21-002 is angled at -80 degrees and is offset from strike with the aim of crossing through the down-plunge extension of the deposit at depth
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
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