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Xtra-Gold Defines New Gold Zone Located over 1,500 Metres to SW of Zone 2 Resource Footprint at Its Kibi Gold Project in Ghana
Toronto, Ontario--(Newsfile Corp. - September 8, 2020) - Xtra-Gold Resources Corp.  (TS...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"Xtra-Gold Defines New Gold Zone Located over 1,500 Metres to SW of Zone 2 Resource Footprint at Its Kibi Gold Project in GhanaToronto, Ontario--(Newsfile Corp. - September 8, 2020) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCBB: XTGRF) (\"Xtra-Gold\" or the \"Company\"), is pleased to announce assay results for an additional 29 drill holes from its current resource expansion target generation program within the Zone 2 - Zone 3 maiden mineral resource footprint area, on the Company's wholly-owned Kibi Gold Project, located in the Kibi - Winneba greenstone belt (the \"Kibi Gold Belt\"), in Ghana, West Africa. The 29 diamond core boreholes totaling 3,848 metres were completed by the Company's in-house drilling crew on an intermittent basis from mid-February to early August 2020; with a total of 45 holes (5,491 metres) drilled to date since the program's initiation in September 2019.Assay results reported today are provided in Table 1 below and include the following highlights:- 43.5 metres grading 1.21 grams per tonne (\"g/t\") gold, including 2.16 g/t gold over 7.5 metres and 4.3 g/t gold over 6.0 metres, from a down-hole depth of 3.0 metres in #KBDD20335; undercutting trench #TAH015 returning 18.0 metres grading 1.52 g/t gold, including 2.35 g/t gold over 9.0 metres (Boomerang Zone)- 24.0 metres grading 1.35 g/t gold, including 1.99 g/t gold over 9.0 metres, from a down-hole depth of 56.5 metres in undercut hole #KBDD20338; approximately 30 metres downdip of the #KBDD20335 gold intercept - Typical Kibi-type (Zone 2) Granitoid-hosted gold mineralization; with auriferous zone exhibiting prospective litho-structural setting in the form of a pronounced protrusion along the granitoid body- Follow up trenching / drilling currently underway at newly defined Boomerang ZoneJames Longshore, President and CEO, remarked: \"The confirmation of yet another typical Granitoid-hosted gold zone located over 1,500 metres to the southwest of the current Zone 2 gold resource footprint is of considerable exploration significance and highlights the discovery potential of the relatively untested Zone 3 of the Kibi Gold Project. With the recent addition of our second in-house diamond drill rig, the Company is well positioned to significantly accelerate resource growth opportunities along the over 2.5 kilometre trend-length of the Zone 2 - Zone 3...