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COLIN BIRD, EXECUTIVE CHAIRMAN, XTR RACECOURSE, OZ INTERVIEW TODAY:

From what I could make out:
"Hole 6, start 70m, finished 950m.
Porphyry pattern-Conforming to porphyry in Arizona, Ecuador...
Long mineralisation
HIGH grade material
Created 3D Model
1 month GEOPHYSICS - 1 wk already.
PHASE 2 - MORE TONS, MORE COPPER
GETTING CLOSER TO 2 MT.
Whopping great system.
DISTRICT-NOT ISOLATED.
MAGICAL 2MT.
Open ended - Open pit- LARGE OPEN PIT.
Buyer next wk?
Look for MORE AND MORE - SHAREHOLDERS IN A GOOD PLACE.
ASSAYS-plot carefully.
Cut-offs.
High grade pyrite-Further within the core."

My Comment:
Not sure what Mr Bird meant by buyer next week ?

Tues, 6 Apr 2021 @4:25pm

RNS just out re: above.

Interesting that Hole 6 marks the end of Phase 1.
Now, geophysics is now happening to prepare for Phase 2 drilling at Racecourse, NSW, Australia [Lachlan Fold]

Tues, 6 Apr 2021

georgej48
The answer to your question: Yes, Ridgeway mine was said to be 1,600m in the Lachlan Fold, NSW, Australia. This is XTR*s neighbour, Cadia-Ridgeway.

LoL
Advertised price gone up to 6.7p to sell and 7p to buy +6.68%. [NOT live price].
Can buy now. @9:50am, Tues, 6 Apr 2021.

Awaiting news on Hole 6, Racecourse, NSW, Australia [XTR].

At HL, NO quote to buy above 7,000 shares. Can sell above normal mkt size.
Advertised price, NOT live 6.60 to sell and 6.8p to buy.
However, quote to sell is higher.

Tues, 6 Apr 2021 @9:50am

Ref:
"COULD EAST LACHLAN KICK START A NSW GOLD RUSH?"-Australian Mining, 29 Sep 2020
https://www.australianmining.com.au/features/could-east-lachlan-kick-start-a-nsw-gold-rush/

"Since Alkane UNEARTHED the BODA prospect in the East Lachlan region in New South Wales last year , prospective gold miners have flocked to the area in the hope OF MAKING ANOTHER D I S C O V E R Y OF THE SAME QUALITY.

When Alkane discovered THE SIGNIFICANT GOLD-COPPER mineralisation at BODA, it was
COMPARABLE WITH NEWCREST*S MINING C A D I A VALLEY SITE, THE L A R G E S T MINES IN THE EAST LACHLAN REGIONS & 1 OF A U S T R A L I A*S MOST S U C C E S S FU L OPERATIONS."

"Australia*s LACK OF SOVEREIGN RISK compared with regions like South America and New South Wales being an incredible stable and reliable jurisdictions are just some of the things wonderful about operating in the East Lachlan region."

-------
LoL- Colin Bird, XTR Executive Chairman, on Racecourse vs BODA: Same , if not better.
Isnt it true what Mr Bird said about jurisdiction and BODA which is obviously THE discovery in the Lachlan Fold, NSW where Racecourse is [near Cadia-Ridgeway]

Sun, 4 Apr 2021.

EDISON BROKER REPORT: "BODA BODES WELL."- 8 Dec 2021
https://www.edisongroup.com/company/alkane-resources/1156/
[Latest report]

This report is based on the Nov 2020 11 holes at Alkane*s BODA, NSW, Australia:

869m
1,305m
1,159m
834m
394m
239m

Grades
0.17g/t ----- 0.13 g/t ----- 0.18g/t-----0.29 g/---- 0.53g/t &---0.06 g/t GOLD

0.085 cu ----0.09% cu ---0.12% cu----0.12% cu----0.02% cu----0.09% cu COPPER.

BODA STRIKE LENGTH: Increased from 500m to 1,000m
Edison: OUR BEST ESTIMATES OVERALL S I Z E OF THE BODA DEPOSIT IS

------5 3 3Mt tonne to 2. 24 Billion Mt--------- [previous 575Mt - 738Mt]

---AT AN AVERAGE GRADE OF 0 . 2 6 G/T GOLD TO 0. 3 5 G/T GOLD----[previous 0.34 to 0.35g/t au]

--Containing 4.5MOZ gold to 12.3 MOZ gold [previously 6.4 Moz gold to 8.8 Moz gold]."

My Comment:
If one looks at the INTERSECTIONS, they vary from 239m to 1,305m.
In terms of DEPTH, it would be 1,000m.
In terms of STRIKE LENGTH, it would be 1,000m.
In terms of GRADE 0.26 g/t AU GOLD to 0.35g/t au gold. [previous 0.34g/t to 0.35g/t/
SIZE OF DEPOSIT: 533Mt to 2.241 Billion tonnes.

Colin Bird said XTR RACECOURSE, NSW, AUSTRALIA VS BODA : "SAME, IF NOT BETTER."
Isnt it true?
Racecourse JORC 71Mt @ 0 . 4 4 % cu & 0.064 g/t au.
Hole 1 [XTR] - over 900m @ 0.33 % cu eq.
STRIKE 1,000m
DEPTH 1,000m
Width : said to be 1,000m [Boda was 450m previously from recall of an earlier broker report]

Even BODA*S 533Mt would MAKE AA*S BUY-OUT OPTION of some 440Mt?

The above are from FACTS-EVIDENCE FROM BODA which is looking like Tier 1 a/c to the CEO of Alkane in the Jan 2021 RNS/ANN.

Kindly notice the above are LACHLAN FOLD GRADES and yet BODA is looking to Tier 1?

The BODA grades vary from hole to hole as is norm.

DYOR.
Please check.

News, Sun 4 Apr 2021

Share price now gone to 6.7p to sell and 6.8p to buy [advertised price , not live] +6.41%.
Can now buy.
@10:07am, Thur, 1 Apr 2021

XTR share price jumped to 6.5p to sell and 6.6p to buy [advertised price, not live] +3.97%.
At HL, cant buy MORE than 7,000 shares worth £465.
This is the same as yesterday, starting at 4pm.

Rather unusual? Thur, 1 Apr 2021 @10:05am

LoL
Same like yesterday before the market closed ie No quote to buy of any size.
Same now at 3:46pm, Wed, 31 Mar 2021.
My, maybe...

Not sure why NO quote to buy over 7,000 XTR shares?
To sell has gone up to 6.1p and to buy is 6.30p [Advertised] +10.71% but sec ago +12%+
Wed, 31 Mar 2021
==
Colin Bird Interview today [Executive Chairman XTR - Sharetalk]
Looking for pathfinder.
More porphyries? How many porphyries - dont know.
RACECOURSES?
Strongly suspect porphyry intrusion- core lead to this - 1,500m.
Anomalies- unsophisticated years ago.
Diagrams.
Phase 2 [J]
Etc.

XTR share price marked up to 5.9p to sell from 5.8p.
Then, within seconds, to sell goes to 6p.
Advertised price now 6p to sell and 6.20p to buy + 8.93% but 10%+ secs ago.
No quote for over 50,000 shares?

Wed, 31 Mar 2021 @3:20pm

Ella10
Given your Q, you may be interested in what John Holiday & Cooke DR*s work: "Advances in Geological models and Exploration Methods."
www.demec.ca/ex07-dvd/E07/pdfs/53.pdf

"Newcrest recognised the importance of deep drilling in order to fully evaluate these VERTICAL ELONGATED deposits."

Advances in the alkalic sub-type model...Cadia East and Ridgeway have......alkalic equivalent of LITHO-CAPS... The propylitic alteration zones are MARKED BY PRONOUNCED REDDENING, caused by sub-micron sized hematite dusting of SECONDARY feldspars. This is indicative of wall-rock oxidation by the mineralizing fluids."

"RECOGNITION OF THE SIGNIFICANCE OF REDDENING WAS AN IMPORTANT FACTOR IN THE DISCOVERY OF THE RIDGEWAY DEPOSIT, as this feature helped in the drilling vectoring."

-------
I have just located the details from John Holiday, the co-discoverer of Cadia-Ridgeway, Newcrest. Cadia-Ridgeway is the neighbour to XTR*s Racecourse-Bushranger. All the Q & Answers should be in the above?

Should be interesting for those who may want to know more about what XTR said today relating to drilling BEYOND 1,000m.

Wed, 31 Mar 2021.

I note that on Bacanora Lithium, one poster has provided links to BNAmericas article on BCN based on the El Economista article which I posted below. One can READ the original which can be translated into English to match the two.

There is also further news coming out of Mexico from BCN relating to water and more on the SONORA Lithium Ltd [SLL] concession etc.

However, I have had no response on this so I assume that there is NO interest in REM*s 30% JV in Sonora Lithium Ltd [SLL] of which BCN has 35% and Ganfeng 35%.

Strange that on this forum, anything posted meets with further ...but not on BCN.

Despite the link, the sp of BCN is in the red and one poster is asking why?

I think for those interested, they can follow news as it comes in and await BCN*s RNS to update.

News, Wed, 31 Mar 2021.

Relating to RIDGEWAY [Cadia-Ridgeway, Newcrest, neighbour to XTR*s Racecourse, NSW, Oz]
which I posted before from a lecture, it was said that at Ridgeway, the Geo*s had to re-thirgnk.
Then, they drilled deeper, beyond the 1,000m region from recall and hit another porphyry.
However, since it was a short lecture, the notes do not say the reason why or what geo indications told them that there may be a deeper deposit. The geology is rather more complex as Cadia-Ridgeway has many clusters and many geo techniques were used.

Per AA - on the other XTR forum, one chap also thinks that Newcrest is a more natural fit given they are next door to XTR*s Racecourse and their mine is huge, being the largest discovery in Oz.

Perhaps, Mr Bird [Executive Chairman XTR] will elucidate more when he next gives an interview.

Wed, 31 Mar 2021.

@CRK22

The comment that XTR turned blue +7% which could be seen as positive to the 7am RNS today is a norm?

Reason why is because yesterday and some days back, one poster was going on about the share price going D for no reason at all? Another said that Geophysical ....

So, the reaction to the XTR RNS on Geophysical Survey has been positive, thus answering ALL historical as above.

On a positive note, we have now confirmation that the Racecourse may extend further than the 1,000m. If Straits Resources is correct in their observation , then it could be 1,500m strike?
Tooday on the other hand drilled 100m to the North of Racecourse and found more mineralisation. Then, there is RACECOURSE NORTH which is just across Racecourse.

So, all good - Hole 6 Racecourse still drilling - could bee 800m+ by now?

Some clarity.

News, 31 Mar 2021 [Wed]

GrumpyScouser
From Mr Colin Bird*s [Executive Chairman, XTR] last 2 interviews with Sharetalk, he said that "Racecourse is attracting MAJOR copper co*s interest."

In the latest interview, Mr Bird said that, AA...they would "OPEN UP BIG WORLD : NEWCREST - RIO."

As for the AA agreement, it is AN OPTION from recall. An option means that AA has only 1 chance either TAKE UP THE OPTION TO BUY via an Independent Valuation or NOT TAKE UP THE OPTION. Options dont last forever and it will be in the agreement how long AA can take to decide.

POSITIVE: XTR bought Racecourse with a JORC of 71Mt @0.44% cu copper and 0.064g/t au gold. XTR OWNS 100% OF RACECOURSE as opposed to another co that did a JV and only owns 70% region. Hence, why Mr Bird explained about JV*s.

XTR share price has turned blue +7% as shown on London South East earlier at 5.8p/6.20p - Reaction to the XTR RNS about Geophysics has been positively taken.

Wed, 31 Mar 2021 @11:05

XTR RNS out at 7am, Wed, 31 Mar 2021:

-"Geophysical to assist in Phase 2 drilling at Racecourse-Bushranger, NSW, Australia.
Track EXTENSION to the Racecourse deposit POTENTIAL BEYOND 1,000 m down plunge and ALONG STRIKE, where little drilling has been completed."

-"Assist in Phase 2 to FURTHER EXTEND the mineralisation resource towards 2MT of contained copper."

-"Results appear to show a LARGE PORPHYRY system."
-----
Comment:
As said , Straits Resources who owned Racecourse and sold to Tooday said the STRIKE IS 1,500M. Also, at Cadia-Ridgeway [Newcrest], the Ridgeway deposit could GO FURTHER THAN 1,000M.

DRILLING CONTINUES AT HOLE 6, RACECOURSE PER SAID RNS.

XTR 3:53pm, Tues, 30 Mar 2021

Ah Ha - No quote to buy above 30,000?

A bit unusual?

The last RNS on Racecourse was on Wed, 24 Mar 2021.
Hole 6, Racecourse was stated to be at 3 3 3 metres depth.

Today, is at least Day 6 from the above = 333m + 420m [6 x SAY 70m per day?] = 7 5 3 METRES?
It may be a bit more given that 333m is at the time of the said RNS?

Tues, 30 Mar 2021 @12 noon