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Investegate |Xtract Resources plc Announcements | Xtract Resources plc: Bushranger drilling programme progress update


 
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.
 
 
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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
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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 ....

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Investegate |Xtract Resources plc Announcements | Xtract Resources plc: Geochemical Update on Bushranger Project


 
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
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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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Xtract Resources updates on progress at Racecourse mineral resource | 19 January 2021


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 hole is still continuing in strong mineralisation to the current depth, extending the potential scale of the porphyry system at Racecourse. We will continue to drill until we bottom out of the zone. ....

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