XTR RNS, 27.5.22 "Ref: Cadia-RIDGEWAY"30 May 2022 13:58
From the Xtract Resources RNS, 27 May 2022:
"These INITIAL results at ASCOT display similar characteristics to discovery deeper GOLD rich R I D G E W A Y deposit, which is a PART of ------C A D I A R I D G E W A Y --group of porphyry
deposit discoveries by Newcrest Mining. Cadia Ridgeway, less than 100km from BUSHRANGER."
My Comment:
Please refer to the said RNS relating to XTR Ascot of 27 May 2022.
I have posted before relating to Ridgeway and how it was discovered. It appears that mineralisation had ended or not as strong. So, the geo team took time to re-think. Then, they drilled deeper and found Ridgeway.
LoL, its good that XTR managed to DRILL and there was no weak buffer zone.
Ridgeway sits on the top end of Newcrest's Cadia-Ridgeway but for XTR, Ascot is near Racecourse, Bushranger.
Hoping to see the resource data for Racecourse/Ascot shortly per the said RNS?
The said RNS also said that XTR will drill deeper given Ridgeway goes deeper?
DYOR.