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Xtra-Gold Resources Corp.: Xtra-Gold Reports Q1 Record Earnings


Xtra-Gold Resources Corp.: Xtra-Gold Reports Q1 Record Earnings
Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF)
( Xtra-Gold or the Company ) is pleased to provide the following summary of Q1 2021 Financials:
Total Assets increased from US$9,340,942 (Dec. 31, 2020) to
US$11,866,211 (March 31, 2021), comprised mainly of cash, liquid securities, and gold inventory ( cash );
Zero Debt; and
Net Income of US$1,920,672 for the quarter.
The full details of the Q1 Financials with MD&A can be viewed on the Company s web-site at www.xtragold.com.
James Longshore, Founder and CEO states: The Company continues to demonstrate its ability to self-finance our drilling/work programs through the Community Mining Project. With this quarter net income of approximately $2 million, we have enough cash to internally finance our 2021 and 2022 work programs. We are aggressively expanding our resource, with the goal of getting the Kibi Gold Project recognized as a s ....

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Цифровая экономика, как будущее Украины

Цифровая экономика, как будущее Украины
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Community Mining Is The 'Worst Thing' Akufo-Addo Gov't Has Done - Nana Ofori Owusu


 
National Chairman of the Progressive People s Party (PPP), Nana Ofori Owusu says government must stop its community mining because, to him, it won t help the country.
Lands and Natural Resources Minister, Samuel Abu Jinapor offered community mining as a lasting solution to illegal mining in Ghana.
Government introduced the Community Mining Scheme, a mining model, last year and it s aimed at creating jobs for beneficiary communities.
As part of the scheme, the government gave the green light for the commencement of regulated and sustainable mining at Adomanu in the Ashanti Region under the Community Mining Scheme.
The scheme is to create about 16,000 jobs nationwide. ....

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