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Xtra-Gold Reports Trench and Channel Sampling Results from Zone 5 Gold Corridor and Initial IP Ground-Proofing Results of High Priority Gold Targets
Toronto, Ontario--(Newsfile Corp. - June 12, 2013) - Xtra-Gold Resources Corp. (TSX: XTG) (OT...
About this update from Xtra-gold Resources Corp.
[{"type":"text","content":"\nXtra-Gold Reports Trench and Channel Sampling Results from Zone 5 Gold Corridor and Initial IP Ground-Proofing Results of High Priority Gold TargetsToronto, Ontario--(Newsfile Corp. - June 12, 2013) - Xtra-Gold Resources Corp. (TSX: XTG) (OTCQB: XTGRF) (\"Xtra-Gold\" or the \"Company\"), is very pleased to announce additional trench and channel sampling results from the Zone 5 Gold Corridor, as well as initial ground-proofing results of high priority gold targets recently defined by the Induced Polarization / Resistivity survey (\"IP Survey\"), 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 trench / channel sampling and IP target prospecting reported today include: - 6 m grading 5.96 grams per tonne (\"g/t\") gold, including 13.00 g/t gold over 2.5 m, in trench #CCRS003; and 3 m grading 6.39 g/t gold and 6.8 m grading 3.12 g/t gold, including 5.33 g/t gold over 2.2 m, from parallel shear structures in saw-cut channel sample strings #KBCS080-35 and #KBCS080-33 respectively (Main Shear -L7600N Gold Shoot);    - 2.4 m grading 6.25 g/t gold and 1.1 m grading 14.05 g/t gold in trench channel strings #CCRS005-A and #CCRS005-B; and 3.8 m grading 6.84 g/t gold, including 11.05 g/t gold over 0.9 m, in saw-cut channel string #KBCS077-11 (Old Pit Shear); 1.3 m grading 9.07 g/t gold in saw-cut channel string #KBCS082-2 (Roadside Shear); and 3 m grading 17.96 g/t gold in sample string #KBCS078-5 (L7600W Shear);    - new bedrock exposure of Main Shear discovered approximately 250 m southwest of the L7600N Gold Shoot during prospecting of the 1,100 m long high resistivity trend spatially associated with the Main Shear structure; extending the apparent strike length of the Main Shear gold mineralization to approximately 775 m;   - new iron formation-hosted gold target exhibiting spatial association with a series of coincident high chargeability (IP) / weak – moderate resistivity anomalies lying along a regional structure discovered on the Zone 5 grid;   The present channel sampling results correspond to an ongoing mechanized outcrop stripping / trenching transect designed to test the southwestern strike extension of the Main Shear and define the full width extent of the NE-tre...