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Xtra-Gold intercepts 50.5 Metres of 2.03 g/t Gold and 28 Metres of 3.14 g/t Gold on Zone 3 of its Kibi Gold Project in Ghana, West Africa
Toronto, Ontario--(Newsfile Corp. - June 19, 2012) - Xtra-Gold Resources Corp. (TSX: XTG; OTCB...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"\nXtra-Gold intercepts 50.5 Metres of 2.03 g/t Gold and 28 Metres of 3.14 g/t Gold on Zone 3 of its Kibi Gold Project in Ghana, West Africa\n\nToronto, Ontario--(Newsfile Corp. - June 19, 2012) - Xtra-Gold Resources Corp. \n(TSX: XTG; OTCBB: XTGR) \n(“Xtra-Gold” or the “Company”) is \nvery pleased to report that recent diamond drilling indicates good down-plunge \ncontinuity of gold grades on the Double 19 Shoot on Zone 3 of the Company’s \nwholly-owned Kibi Gold Project, located in the Kibi – Winneba greenstone belt \n(“Kibi Gold Belt”), in Ghana, West Africa. Today’s assay results for a 3 hole \ndrill section (489 m) successfully expanded the high grade Double 19 gold shoot \nto a down-plunge distance of approximately 150 m from surface. Rush assay \nservice was requested on these 3 holes so the assay results would help guide \nfollow up drilling efforts. Highlights of the drill results reported today \ninclude: \n\n50.5 m grading 2.03 grams per tonne (“g/t”) \n gold, including 4.71 g/t gold over 14 m, in #KBDD12231 from 57.5 m down-hole (Double 19 \n Shoot);\n \n \n 28 m grading 3.14 g/t gold, including 5.01 \n g/t gold over 12 m, in #KBDD12233 from 39 m down-hole (Double 19 Shoot);\n \n Drilling / trenching to date appears to \n indicate that the high grade Double 19 gold shoot consists of a \n moderately, ENE-plunging vein system centred on an apparent fold nose \n developed within the host diorite body; with the gold shoot having an \n asymmetrical convex geometry possibly reflecting a fold-hinge stockwork \n vein zone; and\n \n 2 new, typical Kibi-type, diorite – hosted, \n quartz stockwork systems discovered proximal to Double 19 gold shoot \n within Zone 3 – East gold-in-soil \nanomaly.\n Significant Drill \n Intercepts - Kibi Gold Project    Double 19 Gold Shoot (Zone 3 - \n East)  \n Hole ID \n \n From \n \n To \n \n Core Length \n \n Gold Grams \n \n Comment \n   \n \n (metres) \n \n (metres) \n \n (metres) \n \n Per Tonne \n \n   \n KBDD12231 \n \n 57.5 \n \n 108 \n \n 50.5 \n \n 2.03 \n \n Fresh Rock (Sulphide) \n including \n \n 69 \n \n 96 \n \n 27 \n \n 3.15 \n \n   \n and including \n \n 73 \n \n 87 \n \n 14 \n \n 4.71 \n \n   \n KBDD12233 \n \n 39 \n \n 67 \n \n 28 \n \n 3.14 ...