RE: Iceberg diagram1 Mar 2021 20:34
Alliance news
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Xtract Resources PLC - miner with projects in Mozambique and Zambia - Completes drilling third hole of Phase One diamond drilling programme at Racecourse Mineral Resource on Bushranger porphyry copper-gold exploration project in Lachlan Fold belt, New South Wales, Australia. Starts drill hole four. Drilling starts over the weekend and has reached a depth of 126.7 metres, having entered the outer alteration halo of the deposit earlier than expected at 45 metres, with pyrite-pyrrhotite mineralisation and traces of chalcopyrite. "After further modelling based on the outcome of hole BRDD-21-003, we decided to re-position the hole to obtain a better intersection angle across the deposit. This hole, being 120 metres down plunge of BRDD-21-003, has encountered traces of copper mineralisation at shallow depths well above the target zone," Executive Chair Colin Bird says.