Less Ads, More Data, More Tools Register for FREE

Pin to quick picksXtract Share News (XTR)

Share Price Information for Xtract (XTR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.025
Bid: 0.95
Ask: 1.10
Change: 0.00 (0.00%)
Spread: 0.15 (15.789%)
Open: 1.025
High: 1.025
Low: 1.025
Prev. Close: 1.025
XTR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Xtract Secures Green Light For Drilling At Bushranger Project

Wed, 02nd Dec 2020 10:16

(Alliance News) - Xtract Resources PLC on Wednesday said it has secured all required government approvals to begin drilling the Bushranger copper gold project in Australia.

The exploration firm said it expects to begin maiden drilling this week. Shares in the company jumped 10% to 1.26 pence each in London on Wednesday morning.

"With the completion of the acquisition of ProspectOre Pty Ltd and the Bushranger copper-gold project, we have moved to commence drilling as quickly as possible. The phase one drilling programme on the Racecourse mineral resource will investigate the potential north-western extension of the existing mineral resource and also investigate the zonation of gold mineralisation within the deposit," Executive Chair Colin Bird said.

A successful maiden drilling campaign could be followed up by the drilling of six diamond drill holes.

"Upon completion of the drilling programme, Xtract plans to re-estimate the Racecourse mineral resource under JORC," Xtract said.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
3 Apr 2024 14:36

Xtract Resources enters joint venture for Zambian copper project

(Alliance News) - Xtract Resources PLC said on Wednesday that it has entered into a joint venture with Oval Mining Ltd who are acting in cooperation with mining consultant Cooperlemon Consultancy Ltd.

Read more
16 Feb 2024 14:33

IN BRIEF: Xtract Resources extends longstop date for Manica sale

Xtract Resources PLC - London-based diversified metals and minerals producer - Says the longstop date for the disposal of its stake in the Manica gold project has been extended by a week to February 23. This is to allow for "completion of certain administrative matters". Xtract in January announced an agreement to sell its 23% net profit share interest in the Mozambique asset to partner MMP for USD15 million.

Read more
16 Feb 2024 10:25

AIM WINNERS & LOSERS: Plexus wins deal; Audioboom hails record month

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more
13 Feb 2024 14:11

IN BRIEF: Xtract gets shareholder nod to sell Manica interests

Xtract Resources PLC - London-based diversified metals and minerals producer - Says shareholders have approved the resolution, proposed at a general meeting earlier on Tuesday, to dispose of its entire interest in the Manica gold project in western Mozambique. Company expects disposal to occur shortly. Says that following completion of the sale, it will remain an operating minerals company under AIM rules. It plans to focus on its interests in the Bushranger copper/gold project in New South Wales, Australia, and in the Eureka and Kalengwa early-stage copper exploration projects in northeast Zambia.

Read more
8 Feb 2024 17:43

TRADING UPDATES: Golden Metal eyes garnet, Xtract makes JV progress

(Alliance News) - The following is a round-up of trading updates for London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
8 Feb 2024 13:56

Xtract reports progress at Zambia joint venture

(Sharecast News) - Xtract Resources updated the market on its copper exploration joint venture in Zambia with Cooperlemon Consultancy (CL) on Thursday, alongside its broader copper exploration strategy in the region.

Read more
6 Feb 2024 15:48

UK shareholder meetings calendar - next 7 days

Wednesday 7 February 
Asos PLCAGM
eEnergy Group PLCGM re disposal of Energy Management division
Future PLCAGM
Hipgnosis Songs Fund LtdEGM re payment of fee to prospective bidders
Mosman Oil & Gas LtdEGM re director participation in placing
Premier Miton Group PLCAGM
Thursday 8 February 
Benchmark Holdings PLCAGM
Compass Group PLCAGM
easyJet PLCAGM
Hargreave Hale AIM VCT PLCAGM
Polar Capital Global Healthcare Trust PLCAGM
Friday 9 February 
Kibo Energy PLCEGM re pre-emption rights for share issues
Victrex PLCAGM
Monday 12 February 
Arix Bioscience PLCGM re takeover by RTW Biotech Opportunities Ltd
JPMorgan UK Smaller Companies Investment Trust PLCGM re merger with JPMorgan UK Smaller Companies
Mears Group PLCGM re authority to buy back up to 10% of shares
Tuesday 13 February 
Cellular Goods PLCAGM
Iconic Labs PLCAGM
JPMorgan Indian Investment Trust PLCAGM
Tui AGAGM including London Stock Exchange delisting vote
Xtract Resources PLCGM re sale of Manica gold project to MMP
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
24 Jan 2024 20:16

EARNINGS AND TRADING: Nanoco receives proceeds from Samsung litigation

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
24 Jan 2024 14:01

Xtract planning disposal of Manica Gold Project

(Sharecast News) - Xtract Resources announced plans to dispose of the Manica Gold Project on Wednesday, reporting that it had entered into conditional agreements with its Mozambique partner MMP and related parties.

Read more
6 Nov 2023 19:52

Xtract Resources testing shows potential of Bushranger project

Xtract Resources PLC - London-based diversified metals and minerals producer - Announces the successful completion of an updated pit optimisation & financial modelling study to examine the economics of open pit extraction on the Bushranger Porphyry copper-gold project in central New South Wales, Australia. The study recognised that optimisation of the processing plant capacity, capital costs, operating costs and metallurgical recoveries could greatly improve the economic outcomes of mining the deposit.

Read more
6 Nov 2023 19:52

Xtract Resources testing shows potential of Bushranger project

Xtract Resources PLC - London-based diversified metals and minerals producer - Announces the successful completion of an updated pit optimisation & financial modelling study to examine the economics of open pit extraction on the Bushranger Porphyry copper-gold project in central New South Wales, Australia. The study recognised that optimisation of the processing plant capacity, capital costs, operating costs and metallurgical recoveries could greatly improve the economic outcomes of mining the deposit.

Read more
24 Oct 2023 14:40

EARNINGS AND TRADING: Cambridge Cognition launches AQUA solution

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
29 Sep 2023 14:32

EARNINGS: Eight Capital swings to profit; Savannah Energy loss widens

(Alliance News) - The following is a round-up of earning and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
24 Aug 2023 11:56

Xtract Resources shares jump on inking of Zambian licences partnership

(Alliance News) - Xtract Resources PLC on Thursday said it entered into a joint venture agreement with Cooperlemon Consultancy Ltd concerning two large scale copper exploration licences in Zambia.

Read more
24 Aug 2023 09:58

Xtract Resources inks deal on new copper JV in Zambia

(Sharecast News) - AIM-listed Xtract Resources has signed a new joint venture to mine copper in a 107,000-hectare area in Northwest Zambia.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.