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Xtra-Gold Intersects 61.57 m of 2.42 g/t Gold, Including 21.5 m of 5.13 g/t Gold, in New Fold-Limb Shoot at Double 19 Deposit, Kibi Gold Project, Ghana
Toronto, Ontario--(Newsfile Corp. - October 20, 2020) - Xtra-Gold Resources Corp. (TSX: XTG) ...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"Xtra-Gold Intersects 61.57 m of 2.42 g/t Gold, Including 21.5 m of 5.13 g/t Gold, in New Fold-Limb Shoot at Double 19 Deposit, Kibi Gold Project, GhanaToronto, Ontario--(Newsfile Corp. - October 20, 2020) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF)(\"Xtra-Gold\" or the \"Company\"), is pleased to announce assay results for an additional 13 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 13 diamond core boreholes totaling 2,269.5 metres were completed by the Company's in-house drilling crews from early August to late September 2020; with a total of 58 holes (7,760.5 metres) drilled to date since the program's initiation in September 2019.Assay results reported are provided in Table 1 below and include the following highlights:61.57 metres grading 2.42 grams per tonne (\"g/t\") gold, including 5.13 g/t gold over 21.5 metres, from down-hole depth of 18.2 metres in #KBDD20346; new fold limb gold shoot on NW flank of Double 19 deposit fold structure;55.3 metres grading 2.1 g/t gold, including 3.47 g/t gold over 16.6 metres, from down-hole depth of 96.2 metres in #KBDD20341; and 20.0 metres grading 1.02 g/t gold and 27.0 metres grading 2.5 g/t gold from down-hole depths of 142 metres and 187 metres respectively in #KBDD20351; extending Double 19 fold hinge gold shoot approximately 115 metres down plunge from previous drilling; 14.4 metres grading 1.7 g/t gold, including 2.42 g/t gold over 4.2 metres, from a down-hole depth of 66.9 metres in #KBDD20350; 150 metre step-out hole on Gatehouse Zone.James Longshore, President and CEO remarked, \"We are very satisfied with the results of this initial phase of resource expansion drilling at the Double 19 deposit. These results have confirmed the down plunge continuity of the central fold hinge gold shoot, outside the scope of the current inferred mineral resource, as well as impactfully increased the resource expansion potential along the limbs of the fold structure. Considerable insight has been gained into the litho-structural controls of the Zone 2 - Zone 3 gold mineralization over the last few years, with the evolving geological model providi...