Xtract Resources PLC - London-based metals and minerals producer - Reports on independent laboratory assays for drill hole BRDD-021-016 at the Bushranger copper-gold exploration project. The company says drill hole BRDD-21-016 returns "promising" intersections of copper and gold mineralisation.
"The recent drilling results suggest that the copper mineralisation extends further south than indicated by the mineral resource model and the results give us increased encouragement for the potential of the orebody to progress further south, or indeed, new porphyry systems to be discovered," says Executive Chair Colin Bird.
Current stock price: 5.50 pence, down 1.8% on Friday
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By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Xtract (XTR)