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Xtra-Gold Provides Assay Results of Recent Surface Channel Samples and Preliminary IP Survey Results
Toronto, Ontario--(Newsfile Corp. - April 25, 2013) - Xtra-Gold Resources Corp. (TSX: XTG) (O...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"\nXtra-Gold Provides Assay Results of Recent Surface Channel Samples and Preliminary IP Survey Results\n\nToronto, Ontario--(Newsfile Corp. - April 25, 2013) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) (\"Xtra-Gold\" or the \"Company\") is very pleased to announce additional surface channel sampling results from the recently discovered Main Shear - L7600N Gold Shoot, as well as preliminary results of an Induced Polarization / Resistivity ground survey (\"IP Survey\") covering the entire extent of the Zone 5 gold-in-soil anomaly, on the Company's wholly-owned Kibi Gold Project, located in the Kibi - Winneba greenstone belt (the \"Kibi Gold Belt\"), in Ghana, West Africa. Highlights of the channel sampling and IP survey results reported today include: - 5.1 m grading 5.88 grams per tonne (\"g/t\") gold, including 10.65 g/t gold over 0.5 m, in saw-cut channel string #KBCS080-28; and 3 m grading 10.37 g/t gold, including 16.80 g/t gold over 1 m, in trench #TCK013 (Main Shear - L7600N Gold Shoot);    - Vertical channel sampling of low-angle extensional quartz-tourmaline veining array returning intercepts of up to 1 m grading 10.55 g/t gold and 1.6 m grading 8.39 g/t gold in sample strings #CCRS002-V-5.6 and #CCRS002-V-8.4; greatly enhancing the bulk mining potential of the Main Shear structure;    - Preliminary interpretation of IP data indicates that the Main Shear and L7600W auriferous structures lie in close proximity to high resistivity axes along the southeast and northwest margins of a broad resistivity trend extending over a 1,000 m distance; with the Main Shear mineralization spatially associated with a coincident high resistivity / intermittent weak - moderate chargeability signature extending over an approximately 600 m strike distance.   Table 1 channel samples were assayed by ALS Ghana Limited.Table 1: Saw-Cut Channel / Trench Channel Grade Composites Zone 5 - Main Shear - L7600N Gold Shoot Sample String/ Trench ID From (meters) To (meters) Sampled Length (meters) Gold Grams Per Tonne Comments KBCS080-24 3.5 5.0 1.5 2.04 Bedrock; Saw-Cut Channels KBCS080-25 0.0 2.2 2.2 2.47 Bedrock; Saw-Cut Channels including 0.9 1.8 0.9 4.19   KBCS080-28 1.4 6.5 5.1 5.88 Bedrock; Saw-Cut Channels including 1.4 1.9 0.5 10.65   TCK013 2.0 5.0 3.0 10.37 Saprolite; Trench Channels including 3...