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Xtra-Gold Reports Positive Drill Results for Kibi Gold Project Resource Expansion Target Generation Program in Ghana
Toronto, Ontario--(Newsfile Corp. - February 26, 2020) - Xtra-Gold Resources Corp. (TSX: XTG...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"Xtra-Gold Reports Positive Drill Results for Kibi Gold Project Resource Expansion Target Generation Program in GhanaToronto, Ontario--(Newsfile Corp. - February 26, 2020) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF), (\"Xtra-Gold\" or the \"Company\") is pleased to announce positive results for initial phase of an ongoing drill program designed to generate new resource expansion targets 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. A total of 16 diamond core boreholes totaling 1,643 metres were completed by the Company's in-house drilling crew on an intermittent basis from September 2019 to January 2020. The drill program is designed to follow up on early stage gold shoots / showings discovered by previous drilling / trenching efforts and to test prospective litho-structural gold settings identified by recently completed 3D geological modelling.Highlights of today's drill results are as follows and complete auriferous intercepts are listed in Table 1 below:- 49 metres grading 1.1 grams per tonne (\"g/t\") gold, including 1.42 g/t gold over 31.6 metres and 45.1 metres grading 1.51 g/t gold, including 2.24 g/t gold over 26.4 metres from down-hole depths of 47 metres and 32 metres in #KBDD19304 and #KBDD20306 respectively, on adjacent 25 metre spaced drill-fan patterns (Road Cut Zone);- gold mineralization now traced over an approximately 110 metre strike length and to 90 metre vertical depth on the Road Cut Zone; with newly developing gold body lying within 65 metres of the southern margin (footwall) of the flagship Big Bend gold deposit;- step-out drilling successfully traced gold mineralization over an approximately 200 metre strike length of the host diorite body to the southeast of the South Ridge gold deposit; including exploration significant drill intercepts of 1.5 metres grading 4.94 g/t gold and 6.2 metres grading 0.87 g/t gold in #KBDD19297 and #KBDD19303 respectively.James Longshore, President and CEO remarked: \"Recent core relogging and detailed 3D geological modelling of the maiden mineral resource footprint area as allowed our exploration team to gain a better understanding of the litho-structural controls of the gold mineralization. Through enh...