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Xtra-Gold Reports Encouraging Initial Trenching Results from Bomaa Auriferous Float / Subcrop Target, Kibi Gold Belt, Ghana
Toronto, Ontario--(Newsfile Corp. - August 22, 2017) - Xtra-Gold Resources Corp. (TSX: XTG) (...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"Xtra-Gold Reports Encouraging Initial Trenching Results from Bomaa Auriferous Float / Subcrop Target, Kibi Gold Belt, GhanaToronto, Ontario--(Newsfile Corp. - August 22, 2017) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) (\"Xtra-Gold\" or the \"Company\") is pleased to announce encouraging results for initial scout trenching targeting the extensive Bomaa auriferous float / subcrop train on the Company's wholly-owned Kwabeng Concession, located in the Kibi — Winneba greenstone belt (the \"Kibi Gold Belt\"), in Ghana, West Africa. The Kwabeng concession is located approximately 10 km north-northwest of Xtra-Gold's flagship Kibi Gold Project. Highlights from the initial two trenches of the ongoing scout trenching program include:bedrock \"in situ\" source confirmed for high priority Bomaa North Target segment of auriferous float / subcrop train;saw-cut channel sample composite grading 1.46 grams per tonne (\"g/t\") gold over 9.17 m trench-length, including 5.64 g/t gold over 1.62 m; and channel sample returning 7.63 g/t gold over 0.65 m; from newly exposed silicified argillite / quartz vein zone in trench #TBA001;visible gold observed in quartz veining bounding auriferous silicified argillite zone;mineralized zone exposed 50 m along strike to NE in trench #TBA002; with preliminary composite rock chip sampling of silicified argillite material yielding gold values in the 0.24 g/t to 0.74 g/t gold range (i.e. outcrop cleaning and channel sampling of mineralization zone still pending). The grassroots Bomaa auriferous float / subcrop target discovered by the Company in 2013 consists of a continuous auriferous argillite rock float and/or subcrop train traceable in a meandering pattern over an approximately 2.8 km distance; with the mineralized rock float / subcrop train appearing to mimic the trace of a folded argillite metasedimentary rock unit. Refer to May 6, 2014 News Release filed under the Company's profile on SEDAR at www.sedar.com or the Xtra-Gold website for further details on the Bomaa gold project.James Longshore, President and CEO remarked: \"The confirmation of a bedrock source to the Bomaa North Target, including individual high grade channel sample intercepts of 6.5 g/t gold over 0.95 m and 7.63 g/t gold over 0.65 m in the first scout trench, augurs well for the continued exploration potential of the almost...