Business
Xtra-Gold Announces Filing of NI 43-101 Technical Report for Previously Announced Updated Mineral Resource Estimate at Its Kibi Gold Project in Ghana, West Africa
Toronto, Ontario--(Newsfile Corp. - November 16, 2021) - Xtra-Gold Resources Corp. ( TSX: XT...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"Xtra-Gold Announces Filing of NI 43-101 Technical Report for Previously Announced Updated Mineral Resource Estimate at Its Kibi Gold Project in Ghana, West AfricaToronto, Ontario--(Newsfile Corp. - November 16, 2021) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) (\"Xtra-Gold\" or the \"Company\"), is pleased to announce that further to its news release dated November 1, 2021, the Company has filed on SEDAR an independent technical report (\"Technical Report\") prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (\"NI 43-101\") supporting the updated Mineral Resource Estimate on its wholly-owned Kibi Gold Project, located in the Kibi-Winneba greenstone belt (\"Kibi Gold Belt\"), in Ghana, West Africa.The Technical Report, entitled \"Xtra-Gold Resources Corporation Kibi Gold Project\", with an Effective Date of September 30, 2021, and dated November 16, 2021, was jointly prepared by Pivot Mining Consultants (Pty) Ltd and Tect Geological Consulting of Johannesburg and Somerset West, South Africa, respectively, under the supervision of Ken Lomberg, Director, Geology and Resources, of Pivot Mining Consultants (Pty) Ltd, an independent Qualified Person pursuant to NI 43-101. The resource estimate was prepared in accordance with the Definition Standards for Mineral Resources and Mineral Reserves set out by the Canadian Institute of Mining, Metallurgy and Petroleum (\"CIM\"). There are no material differences in the Technical Report from the Mineral Resource Estimate information previously disclosed in summary form in the Company's news release. The Technical Report is available for review under the Company's profile on SEDAR (www.sedar.com) and on the Company's website (www.xtragold.com). Qualified PersonFor the purposes of this news release, Yves P. Clement, P.Geo., Vice President, Exploration of Xtra-Gold Resources Corp, who is a non-Independent Qualified Person for the purposes of NI 43-101, has prepared and/or supervised the preparation of this news release and has reviewed and approved the scientific and technical information in this announcement. About Xtra-Gold Resources Corp.Xtra-Gold is a gold exploration company with a substantial land position in the Kibi Gold Belt. The Kibi Gold Belt, which exhibits many similar geological features to Ghana's main gold belt, the...