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Xtra-Gold Resources Announces Update on Field Operations in Ghana

Mining News - Published on Wed, 11 Sep 2019

Image Source: xtragold.com
Xtra-Gold Resources Corp announced provide the following update on the Kibi Gold Project exploration: The Company is currently in the process of hiring additional drilling crew staff to initiate a night shift to accelerate drilling output. With the recent increase in gold prices, the Company believes it is in its best interests to maximize drilling output with the goal of accelerating the expansion of its Zone 2 - Zone 3 mineral resource. Until now, Xtra-Gold has only been operating during daylight hours since the start of in-house drilling operations in September 2017.

As disclosed in its news release dated May 1st, 2019, the Company recently completed 4,577 meters of resource expansion drilling encompassing 37 drill holes. This drilling data was outsourced to Goldspot Discoveries Inc. of Montreal, Canada to update the 3-D geological model of the Zone 2 - Zone 3 mineral resource footprint area to help identify additional drill targets and guide upcoming resource expansion drilling efforts. The recently completed geological modelling work yielded positive results and our exploration team is planning to move the drill rig back to Zone 2 to recommence mineral resource expansion drilling.

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Posted By : Rabi Wangkhem on Wed, 11 Sep 2019
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