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Xtra-Gold Resources Corp.
Summary
| Project: | Kibi | |
|---|---|---|
| Deposit: | Bomaa | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 1/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-1-2018: Xtra-Gold Resources Corp. announces an Exploration/Drilling Update report for its Bomaa deposit at the Kibi project. Drilling results incl. 12m @ 4.23g/t Au from 9.05m. Toronto, Ontario- (Newsfile Corp. - January 25, 2018) - Xtra-Gold Resources | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Yves P. Clement (Internal) | |
| ABSTRACT: | Toronto, Ontario- (Newsfile Corp. - January 25, 2018) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) ("XtraGold" or the "Company")is pleased to announce highly encouraging results for the recently completed Bomaa gold project scout drilling program, on the Company's wholly-owned Kwabeng Concession, located in the Kibi — Winneba greenstone belt (the "Kibi Gold Belt"), inGhana, West Africa. A total of 17 diamond core boreholes totaling 985 metres were completed by the Company's in-house drilling crew; with the first pass drill program targeting the Bomaa North segment of the extensive Bomaa auriferous float / subcrop train. Present assay results also include outcrop channel sampling work conducted in conjunction with the drill program. James Longshore, President and CEO remarked: "The fact that near-surface scout drilling limited to a 200 m segment of the Bomaa North silicified argillite / quartz vein zone yielded a highly exploration significant mineralized intercept of 18.5 m grading 2.04 g/t gold, including 5.22 g/t gold over 5.0 m, is very encouraging for the continued exploration potential of the almost 3 km long Bomaa auriferous float / subcrop train. With the successful completion of this initial drill program by our in-house drilling crew, the Company is well positioned to conduct ongoing scout drilling to enable the cost effective advancement of its pipeline of grassroots projects." | |
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