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Xtra-Gold announces 42 metres of 2.39 g/t gold and 27 metres of 0.89 g/t gold at its Kibi Gold Project in Ghana, West Africa
May 17, 2011 (Newsfile Corp.) -- Toronto, Ontario--(May 17, 2011) - Xtra-Gold Resources Corp...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"\nXtra-Gold announces 42 metres of 2.39 g/t gold and 27 metres of 0.89 g/t gold at its Kibi Gold Project in Ghana, West Africa\n\n May 17, 2011 (Newsfile Corp.) -- Toronto, Ontario--(May 17, 2011) - Xtra-Gold Resources Corp. (\"Xtra\" or the \"Company\") TSX: \"XTG\"; TSX: \"XTG.S\"; OTCBB: \"XTGR\", is very pleased to report further highly encouraging assay results from an additional two (2) diamond core holes (586 metres) on the newly named Big Bend Gold Zone - Central Granitoid at its wholly-owned Kibi Gold Project, located in the Kibi - Winneba greenstone belt (\"Kibi Gold Belt\"), in Ghana, West Africa.Highlights of the holes reported today include classical granitoid - hosted gold mineralization intercepts of:- 42 metres grading 2.39 grams per tonne (\"g/t\") gold in KBDD11108 from 189 metres down-hole;- 27 metres grading 0.89 g/t gold in KBDD11107 from 127 metres down-hole;- The Big Bend Gold Zone was intersected approximately 215 metres down-plunge of previously identified mineralization; extending down-plunge potential from surface to approximately 360 metres along a through-like flexure within the Central Granitoid body. Kibi Gold Project - Big Bend Zone (Central Granitoid) Significant Drill InterceptsHole IDFrom (metres)To (metres) Core Length (metres)Gold Grams Per TonneTarget Granitoid / ZoneKBDD11107 60.063.03.08.44Central Ganitoid - Big Bendincluding62.063.01.015.20KBDD11107 127.0154.027.00.89including128.0129.01.05.06KBDD11108 87.091.04.02.12Central Ganitoid - Big BendKBDD11108 116.0121.05.02.36including119.0121.02.05.36KBDD11108 189.0231.042.02.39including196.0210.014.03.11including221.0230.09.03.19Notes:Reported intercepts are core - lengths; true width of mineralization is unknown at this time.Unless otherwise indicated intercepts constrained with a 0.25 g/t gold minimum cut-off grade at top and bottom of intercept, with arbitrarily set 30 g/t gold upper cut-off grade applied, and maximum of five (5) consecutive metres of internal dilution (less than 0.25 g/t gold). All internal intervals above 15 g/t gold indicated. These two southwest (225o) trending, vertical fan pattern holes (-50o & -75o) targeting an embayment or wallrock protrusion developed along the hanging wall of the Central Granitoid body represent the first holes drilled on the Big Bend gold zone during the current 20,000 metre drill campaign to f...