RE: RNS Follow Up with Zak Mir28 Sep 2021 14:58
Link to Interview Today - https://www.***markets.co.uk/articles/traders-cafe-with-zak-mir-colin-bird-executive-chairman-xtract-resources-8c4cd35
*** = VOX
Zak Mir talks to Colin Bird, Executive Chairman, Xtract Resources, in the wake of laboratory assays being received from the first drill hole (BRDD-21-008) completed on the Phase Two diamond drilling programme at the Bushranger copper-gold exploration project.
@news - I saw that earlier -
Xtract Resources (XTR) said that laboratory assays have been received from the first drill hole (BRDD-21-008) completed on the Phase Two diamond drilling programme at the Racecourse Mineral Resource on the Bushranger copper-gold exploration project, located in the Lachlan Fold Belt of New South Wales, Australia. Assay results for the first angled hole of the Phase 2 exploration drilling at the Racecourse porphyry deposit, confirm high grade copper mineralisation at shallower depths than drilled during the Phase 1 exploration drilling programme. The company said that these assay results have enhanced its theory of intersecting high-grade mineralisation at shallower depths within the mineralisation system associated with the high-grade "crown". The results are very supportive of its open pit objective.
Another Colin Bird company was also in focus: Tiger Royalties (TIR). Here the investment company said that it sees the coming months witnessing a renewed interest in the natural resource sector and anticipates higher valuations. The company intends to strengthen its share purchases and to continue taking strategic positions with management input.