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Bushranger Project Further Assay Results

Bushranger Project Further Assay Results.

articleXtract Resources PlcOctober 29, 20213/company/xtract-resources-plc/news/bushranger-project-further-assay-results
Bushranger Project Further Assay Results

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[{"type":"text","content":"\n \n \n \n RNS Number : 6492Q\n Xtract Resources plc\n 29 October 2021\n  \n \n \n \n  \n \n \n For immediate release\n \n \n 29 October 2021\n \n \n  \n \n \n Xtract Resources Plc\n \n \n (\"Xtract\" or the \"Company\")\n \n \n Bushranger Project Further Assay Results \n \n \n  \n \n \n The Board of Xtract Resources Plc (\"Xtract\" or the \"Company\") is pleased to advise that independent laboratory assays have been received from two further drill holes (BRDD-21-010 and BRDD-21-013) completed on the Phase 2 diamond drilling programme at the Racecourse Mineral Resource on the Bushranger copper-gold exploration project.\n \n \n  \n \n \n Highlights \n \n \n  \n \n \n · \n Drill hole BRDD-21-010 returned a very wide intersection, with higher grade intermediate zones as follows (see Table 1):\n \n \n o  \n 338m @ 0.31% CuEq from a downhole depth of 178m\n \n \n o  \n including 86m at 0.52% CuEq\n \n \n o  \n including 14m @ 0.73% CuEq \n \n \n  \n \n \n · \n The hole shows excellent mineral continuity down-dip of hole BRDD-21-008, confirming the pattern of copper grade enhancement at shallower depths within the central part of the conceptual open pit area.\n \n \n  \n \n \n · \n Hole BRDD-21-013 was drilled towards the southern end of the Racecourse Mineral Resource. It also encountered a wide zone of copper mineralisation as follows:\n \n \n o  \n 168m @ 0.25% CuEq from 140m downhole\n \n \n o  \n including 10m @ 0.39% CuEq\n \n \n o  \n and 28m @ 0.45% CuEq\n \n \n  \n \n \n Colin Bird, Executive Chairman said: \n \n \n \"The latest drill assay results continue to please us as they confirm a consistent pattern of wide copper intervals, with the highest grades in the shallow 'crown' of the deposit. Drilling is progressing well at site and we look forward to providing further positive news as the programme advances.\"   \n \n \n  \n \n \n Phase Two Bushranger Assay Results\n \n \n  \n \n \n Table 1 - Assay Results from Drill Hole BRDD-21-010 & BRDD-21-013*\n \n \n \n \n \n \n Hole ID\n \n \n \n \n From (m)\n \n \n \n \n To (m)\n \n \n \n \n Interval (m)\n \n \n \n \n Cu (%)\n \n \n \n \n Au (g/t)\n \n \n \n \n Ag (g/t)\n \n \n \n \n CuEq (%)**\n \n \n \n \n \n \n BRDD-21-010\n \n \n \n \n 178\n \n \n \n \n 516\n \n \n \n \n 338\n \n ...

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