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Xtra-Gold Reports 15 Metres of 2.05 Grams and14 Metres of 2.36 Grams in Two Kibi Holes
Apr. 26, 2011 (Newsfile Corp.) -- Toronto, Ontario--(April 26, 2011) - Xtra-Gold Resources C...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"\nXtra-Gold Reports 15 Metres of 2.05 Grams and14 Metres of 2.36 Grams in Two Kibi Holes\n\n Apr. 26, 2011 (Newsfile Corp.) -- Toronto, Ontario--(April 26, 2011) - Xtra-Gold Resources Corp. (\"Xtra\" or the \"Company\") (TSX:XTG)(TSX:XTG.S)(OTCBB:XTGR), is pleased to report that the first two diamond core holes from the current 20,000 metre drill program have significantly expanded known gold mineralization down plunge on the Zone 2 - East Dyke Granitoid at its wholly-owned Kibi Gold Trend Project, located in the Kibi - Winneba greenstone belt (\"Kibi Gold Belt\"), in Ghana, West Africa. The vertical fan pattern holes (379 metres) successfully expanded the gold mineralization to a down plunge depth of approximately 200 metres. Highlights of these holes include classical granitoid-hosted gold mineralization intercepts of: - 15 metres grading 2.05 grams per tonne (\"g/t\") gold, including 5 metres grading 4.00 g/t gold, in KBDD11105; - 14 metres grading 2.36 g/t gold, including 5 metres grading 5.18 g/t gold, in KBDD11106. Kibi Gold Project - Zone 2 - East Dyke GranitoidSignificant Drill Intercepts Hole ID From To Core Length Gold Grams Target Granitoid / Zone (metres) (metres) (metres) Per Tonne KBDD11105 105 120 15 2.05 East Dyke - North Zone including 107 112 5 4.00 KBDD11106 141 155 14 2.36 East Dyke - North Zone including 144 149 5 5.18 KBDD11106 162 164 2 15.53 East Dyke - North Zone including 163 164 1 25.20 Notes: Reported intercepts are core - lengths; true width of mineralization is unknown at this time. Unless otherwise indicated intercepts constrained with a 0.25 g/t gold minimum cut-off grade at top and bottom of intercept, with arbitrarily set 30 g/t gold upper cut-off grade applied, and maximum of five (5) consecutive metres of internal dilution (less than 0.25 g/t gold). All internal intervals above 15 g/t gold indicated. The present drilling targeted the depth potential of the gold mineralization along the northern portion of the East Dyke Granitoid body located at the south-eastern extremity of the approximately 1,200 metre long by 500 metre to 800 metre wide Zone 2 gold-in-soil anomaly. The two west trending, vertical fan pattern holes (-50o & -70o) were designed to undercut a mineralized intercept of 7 metres grading 4.83 g/t gold in scout hole #KBD08010 located at the northern extremity of the easterly dipping...