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Bushranger Phase 2 Drilling Programme Update
Bushranger Phase 2 Drilling Programme Update.
About this update from Xtract Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7047P\n Xtract Resources plc\n 20 October 2021\n \n \n \n \n \n \n \n For immediate release\n \n \n 20 October 2021\n \n \n \n \n \n Xtract Resources Plc\n \n \n (\"Xtract\" or the \"Company\")\n \n \n Bushranger Project Phase 2 Drilling Programme Update\n \n \n \n \n \n The Board of Xtract Resources Plc (\"Xtract\" or the \"Company\") is pleased to provide an update on the continued progress on the Racecourse prospect Phase 2 drilling programme, with the completion of drill holes BRDD-21-020 and BRDD-21-021 on the Bushranger copper-gold exploration project, located in the Lachlan Fold Belt (\"LFB\") of New South Wales, Australia.\n \n \n \n \n \n Highlights \n \n \n \n \n \n · \n Both drillholes BRDD-21-020 and BRDD-21-021 intersected wide zones of visible copper porphyry associated mineralisation\n \n \n · \n Drillhole BRDD-21-020 intersected a 274m zone of visible copper mineralisation from a downhole depth of 352m, including an 88m zone of stronger visible copper mineralisation from 430m down hole depth, confirming the continuation of the Racecourse Inferred Mineral Resource to the northwest, given that the copper mineralisation is still open in that direction\n \n \n · \n Hole BRDD-21-021 was drilled underneath and down dip of hole BRDD-21-008, the best hole drilled on the project to date (as previously announced on 28 September 2021), intersecting a 340m interval of copper mineralisation from 205m down hole depth, including three zones of stronger copper mineralisation of 14m from 218m down hole depth, 61m from 251m down hole depth and 89m from 331m downhole depth\n \n \n \n \n \n \n Colin Bird, Executive Chairman Said: \n \n \"The objective of drill hole BRDD-21-020 was to test the potential extension of the existing Racecourse Inferred Mineral Resource to the northwest and we have intersected a thick interval of copper mineralisation demonstrating that the copper mineralisation does in fact continue to the northwest beyond the current limits of the Mineral Resource. Drill hole BRDD-21-021 was drilled in the centre of the resource to follow up the best intersection on the project to date, in hole BRDD-21-008, and again produced a very good intersection of 340m of visible mineralisation in the central portion. As we progress with the Racecourse Phase ...