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Xtra-Gold Reports Encouraging Scout Drilling/Channel Sampling Results from Bomaa Gold Target, Kibi Gold Belt, Ghana
Toronto, Ontario--(Newsfile Corp. - January 25, 2018) - Xtra-Gold Resources Corp. (TSX: ...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"Xtra-Gold Reports Encouraging Scout Drilling/Channel Sampling Results from Bomaa Gold Target, Kibi Gold Belt, GhanaToronto, Ontario--(Newsfile Corp. - January 25, 2018) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) (\"Xtra-Gold\" or the \"Company\")is pleased to announce highly encouraging results for the recently completed Bomaa gold project scout drilling program, on the Company's wholly-owned Kwabeng Concession, located in the Kibi — Winneba greenstone belt (the \"Kibi Gold Belt\"), in Ghana, West Africa. A total of 17 diamond core boreholes totaling 985 metres were completed by the Company's in-house drilling crew; with the first pass drill program targeting the Bomaa North segment of the extensive Bomaa auriferous float / subcrop train. Present assay results also include outcrop channel sampling work conducted in conjunction with the drill program. Highlights of the exploration results reported today include:18.5 metres (\"m\") grading 2.04 grams per tonne (\"g/t\") gold, including 5.22 g/t gold over 5.0 m, from 4.5 m down-hole in #BADD17003; 6.5 m grading 1.2 g/t gold, including 3.6 g/t gold over 1.0 m, from 46.05 m down-hole in #BADD17009; and 5.4 m grading 1.59 g/t gold, including 2.48 g/t gold over 2.2 m, from 28.5 m down-hole in #BADD17016; Saw-cut channel sample composite grading 4.23 g/t gold over 12.0 m, including 9.14 g/t gold over 2.2 m in sample string #RSBA004 (stripped outcrop); and saw-cut channel sample #CSBA006 grading 25.0 g/t gold over 0.9 m (trench #TBA002);Scout drilling successfully traces Bomaa North silicified argillite / quartz vein zone over approximately 200 m strike length and 170 m down-dip from surface (~90 m vertical).James Longshore, President and CEO remarked: \"The fact that near-surface scout drilling limited to a 200 m segment of the Bomaa North silicified argillite / quartz vein zone yielded a highly exploration significant mineralized intercept of 18.5 m grading 2.04 g/t gold, including 5.22 g/t gold over 5.0 m, is very encouraging for the continued exploration potential of the almost 3 km long Bomaa auriferous float / subcrop train. With the successful completion of this initial drill program by our in-house drilling crew, the Company is well positioned to conduct ongoing scout drilling to enable the cost effective advancement of its pipeline of grassroots projects.\"The ...