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Xtra-Gold Further Delineates Kibi Gold Project Resource Expansion Targets; Demonstrates Potential Resource Growth from Two New Under-Tested Gold Mineralization Settings
Toronto, Ontario--(Newsfile Corp. - February 26, 2025) - Xtra-Gold Resources Corp. (TSX: XTG) (O...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"Xtra-Gold Further Delineates Kibi Gold Project Resource Expansion Targets; Demonstrates Potential Resource Growth from Two New Under-Tested Gold Mineralization SettingsToronto, Ontario--(Newsfile Corp. - February 26, 2025) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) (\"Xtra-Gold\" or the \"Company\"), is pleased to announce positive assay results for the initial 49 diamond core drillholes totalling 10,682 m from its current resource expansion target generation drilling program 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 current drilling forms part of an aggressive in-house drilling initiative targeting multiple resource-growth opportunities across the broader Zones 1 - 4 Mineral Resource estimate footprint area (the \"2024 MRE\", see the Company's news release of October 16, 2024). With the multifaceted drilling program targeting promising early-stage gold prospects identified by previous scout drilling, potential extensions to existing resource bodies and prospective litho-structural gold settings generated by updated 3D geological modelling.Present drilling efforts successfully: confirmed strike- and down-dip extensions of early-stage Orange No. 5 (Zone 4) and Lone Tree (Zone 1) resource expansion targets; further defined down-dip continuity of mineralization within central portion of Southridge resource body to approximately 400 m; continued to delineate geometry and lateral extent of SW Shoots mineralization package at Boomerang gold system; and discovered new gold mineralization by scout drilling of \"blind\" diorite body lying at the core of Zone 3 mineralization-controlling synclinorium fold structure. New Under-Tested Gold Mineralization Settings: Two new, entirely metasedimentary rock hosted, gold mineralization settings identified: Lone Tree target, interpreted as limb-parallel shear situated on western limb of a 1st-order F2 anticlinorium fold structure (\"Central Fold\"); and Orange No. 5 target, situated along hanging wall of a regional D2 shear (\"Zone 2 Bounding Shear\"), approximately 2 km southwest of currently defined MRE footprint. With both these gold prospective litho-structural settings remaining practically untested across the Kibi Gold Project concession. Assay results reported are provided in...