Business

Xtra-Gold intercepts 25 metres of 1.96 g/t gold and 23 metres of 1.50 g/t gold at its Kibi Gold Project in Ghana, West Africa

Toronto, Ontario--(Newsfile Corp. - April 4, 2012) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQ...

articleXtra-gold Resources Corp.April 4, 20125/company/xtra-gold-resources-corp/news/xtra-gold-intercepts-25-metres-of-196-gt-gold-and-23-metres-of-150-gt-gold-at-its-kibi-gold-project-in-ghana-west-africa
Xtra-Gold intercepts 25 metres of 1.96 g/t gold and 23 metres of 1.50 g/t gold at its Kibi Gold Project in Ghana, West Africa

About this update from Xtra-gold Resources Corp.

[{"type":"text","content":"\nXtra-Gold intercepts 25 metres of 1.96 g/t gold and 23 metres of 1.50 g/t gold at its Kibi Gold Project in Ghana, West Africa\n\nToronto, Ontario--(Newsfile Corp. - April 4, 2012) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGR) (“Xtra-Gold” or the “Company”), is very pleased to announce results from 14 additional diamond core holes totaling 3,334 metres from Zone 2 of the Company’s wholly-owned Kibi Gold Project, located in the Kibi – Winneba greenstone belt (“Kibi Gold Belt”), in Ghana, West Africa. Highlights of the drill results reported today include: 25 metres grading 1.96 grams per tonne (“g/t”) gold, including 2.79 g/t gold over 9 metres, in #KBDD12189 from 195 metres down-hole (Big Bend Zone); 23 metres grading 1.50 g/t gold, including 2.80 g/t gold over 6 metres, in #KBDD12187 from 331 metres down-hole (Big Bend Zone); Work on an initial NI 43-101 - compliant mineral resource estimate on the Big Bend and East Dyke gold zones of the Kibi Project’s Zone 2 has commenced by SEMS Exploration Services Ltd of Accra, Ghana. Significant Drill Intercepts - Kibi Gold Project (Zone 2) Big Bend / East Dyke Zones Hole IDFrom (metres) To (metres) Core Length (metres) Gold Grams Per Tonne Target Granitoid / Zone KBDD11178 146 147 1 11.40 Zone 2: East Dyke - North KBDD11179 92 107 15 0.95 Zone 2: East Dyke - North including 104 106 2 2.11   And 124 125 1 10.20   KBDD11180 77 86 9 1.02 Zone 2: East Dyke - South including 80 82 2 2.96   And 145 149 4 2.21   KBDD11183 * 28 45 17 1.84 Zone 2 - Big Bend including 28 31 3 8.49   And 71 76 5 1.52   And 128 154 26 1.74   including 142 149 7 4.01   And 195 225 30 2.01   including 215 224 9 4.53   and including 222 223 1 29.40    Hole ID From (metres) To (metres) Core Length (metres) Gold Grams Per Tonne Target Granitoid / Zone KBDD11184 323 358 35 0.80 Zone 2 - Big Bend including 351 358 7 1.81   And 373 386 13 0.44   KBDD11185 68.6 73.1 4.5 1.41 Gold-In-Soil / IP Anomaly KBDD12186 182 193 11 1.46 Gold-In-Soil / IP Anomaly including 182 184 2 3.36   KBDD12187 331 354 23 1.50 Zone 2 - Big Bend including 332 338 6 2.80   And 360 373 13 0.54   KBDD12188 31.6 43.6 12 0.95 Gold-In-Soil / IP Anomaly including 31.6 36.1 4.5 1.52   ...

More updates from Xtra-gold Resources Corp.