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Empirical
At Greatland which was brought up by John Cronford, Mining Analyst, Master Investors, he must have wondered where the early Greatlanders were. So, he may have looked around and came to XTR Bushranger. His question was: Are these "TRULY" the next Greatland? He examines Bushranger and thinks that it has a chance of a ...find. At the AA buyout potential, he said that it could obtain 40p.

Without going into the small details, it would fall into the median of the range.

I will give an empircal HISTORICAL EXAMPLE: Havieron. When pre-hole 5 RNS came out, the co had described it as .....No one took it in and in fact they laughed. The share price 1.3p.
Hole 5 results came out and they didnt laugh any more. Hole 6-9 was not as spectacular.
The CEO said that industry range him - the industry knows more as they have ALL the data of that province. Then, it went quiet as some said it needs to go to MRE, JORC BEFORE it could be JVed etc. Then, they said its NOT good enough. SURPRISE, one morning the RNS came out that Newcrest had JV*ED into Havieron and the rest is history. SPROTTS prepared a report and gave all the cals and scenario*s. Newcrest today has produced the MRE and it is NO LONGER at 1.3p sp but 39p at its height or 28p currently [approx]. It was OBVIOUS to INDUSTRY, SPROTT EARLY ON otherwise, Newcrest would not have JV*ED IN AFTER 9 HOLES ONLY.

At Solg, it was the SAME. Folks said that it needs MRE, JORC, PFS etc. The share price then with the MODELLING 2p. By Hole 15*ish, BHP came into with a proposal to invest. NEWCREST had come in EARLIER than Hole 15. One morning, the Newcrest investment into Solgold just dropped out of the sky and the sp shot from 3p to 6p for recall. [this is the 2nd round].

So, from EMPIRICAL HISTORY, folks just ignore all data although its right in front --history has shown that in Alpala and Havieron which went on to Tier 1 with matching mkt caps of £700m & £1bn+.

The true stories of investors from experience of that time.

Sun, 30 Jan 2021.
News
DYOR

Hole 2: Racecourse-Bushranger.
FURTHER UPDATE TO COME NEXT WEEK.

"DOUBLE-SEQUENCE per PhD Geo, XTR" {C.Bird Interview 28.1.21 @Share-talk] - Hole 2
[Geo Opinion[
"New Ground-Never Been Before. 300-400m target OUTSIDE OF PORPHYRY." [C.Bird]
Earlier given: TARGET AT 450-500M - MAIN ZONE.

ALL GEO OPINIONS SUBJECT TO ACTUAL RESULT:
XTR RNS, Fri, 29.1.21 : LoL- Indeed 152.5m of "Stronger Mineralisation" [340m-492.5m].
This INCLUDES 42.5m IN THE MAIN ZONE [492.5m minus 450m].

Of note is that from 130-340m [Hole 2-Racecourse under XTR], mineralisation is "weak to moderate."

WIDTH:
Hole 2 was to test width. Using the key 1-100m-200m, I measured Hole 2 to the potential next Hole 3 in the SAME "CENTRAL POTASSIC ALTERATION" [term used in the Fri, 29.1.21 RNS].
It appears to be 200m or more accurately 210m? That norm? I ALSO measured Hole 2 to Hole 1 but there is NO guidance from XTR whether Hole 1 area is also PART of the central potassic alteration.

From Hole 2, it goes further width wise ON THE RIGHT? So, need Mr Bird, Executive Chairman, XTR to give us a further idea as the map does NOT mark out the WHOLE central potassic zone?
Ref: XTR Geochem update RNS, 25.1.21 GEO MODEL MAP OF RACECOURSE
https://www.rns-pdf.londonstockexchange.com/rns/8229M_3-2021-1-25.pdf

[ "CENTRAL POTASSIC ZONE ] - Hole 2 [RNS, Fri, 29.1.21]

PER MR BIRD: " 5 0 0 M, BIG WIN M O N S T E R TALKING ABOUT. WATCH THIS SPACE." 28.1.21 Interview with Share-Talk. [Thur]
[This was said BEFORE Hole 2 results were given on Thur, 28.1.21.
On Fri, 29 Jan 2021, Hole 2 showed the above results.

----------HOLE 2 HIT 492.5M ---MAIN ZONE---SO 500M HIT.

CONCLUSION: Before it entered the main zone of 450-500m, stronger mineralisation was encountered at 340-492.5m =152.5m of mineralisation inc 42.5m in the main zone.
PHD GEO OF XTR WHO OPINE BEFORE RESULT ON 29.1.21 WAS CORRECT - HOLE 2 HAS HIT THE MAIN ZONE AND BEFORE THEN AS ABOVE.====DOUBLE SEQUENCE===

Grades: From the key in the Geo Modelling as above the key shows: 0.10-0.3, 0.3-0.4 and 0.5-1.

MONDAY ONWARDS
At 87.5m drilling a day [492.5m minus previous 405m] , it COULD be, by Mon 1 Feb 2021, Hole 2 has hit 580m on Sat , 30.1.21, 667.5m on Sun and 755m on Mon.

It was said that 750m was the target although Caveat Emptor said they could continue if there is min.

Mr Bird said in the 28.1.21 interview from recall that Tue or Wed, he could let us know? Kindly check.

News, Sun 31 Jan 2021 @12:55 noon.

[One poster on this forum called the double-sequence as DOUBLE YORK]
Tooday [later named Lachlan Star] , AA NEVER DRILLED BEYOND 350M at RACECOURSE.
This means that under XTR, RACECOURSE HOLE 1 HAD GONE BEYOND 350M TO REACH 1100M ODD WITH 904M OF CONTINUOUS MINERALISATION AND NOW HOLE 2 HAS REACHED 492.5M which is close to Mr Bird*s 500m which he terms "MONSTER" as above.

HOLE 2, RACECOURSE
RNS, FRI, 29 JAN 2021

The contents of the RNS was not very well understood. Demark asked me but perhaps I did not explain it very well at the time. However, NO one has since explained it in simple terms. So, I thought I would explain it as best as I can.

Hole 2 REACHED DEPTH 492.5m.
Earlier told that the MAIN BODY is at 450-500m.

Per RNS: "SIGNIFICANT STEP-OUT OF MORE THAN 3 0 0M from previous XTR hole and
2 0 0 METRES from ANY HISTORIC HOLE."

SO, ITS 492.5M MINUS 300 = 2 0 0M DEEPER THAN PREVIOUS XTR HOLE
or 492.5M MINUS 200 = 3 0 0M DEEPER THAN ANY HISTORIC HOLE.

COLIN BIRD, EXECUTIVE CHAIRMAN, XTR RACECOURSE @Share-Talk on 28.1.21 [Thur]:

" 5 0 0 M - B I G W I N - M O N S T E R TALKING ABOUT. WATCH THIS SPACE VERY PLEASED."
"300-400M target OUTSIDE PORPHYRY."
"NEW GROUND-NEVER BEEN BEFORE."

SO:
When the Fri, 29 Jan 2021 RNS came out that Hole 2 Racecourse had REACHED 492.5M, that means that it had HIT ALMOST 500M [main body 450-500m].

Since MINERALISATION IE STRONGER STARTED AT 340M - 492.5M = 1 5 2 . 5 M of MINERALISATION including 4 2. 5 M IN THE MAIN BODY [ 492.5m minus 450m].

HISTORIC RESULTS AT RACECOURSE [ FROM JORC ETC]
I have seen a FEW INTERSECTION LENGTHS from XTR Apr 2020 Presentation and at max, INTERSECTIONS I have seen is 159M OF MINERALISATION from recall. A/c to Tooday, Racecourse was NEVER DRILLED BEYOND 350M. One assumes that 159m intersection starts at around maybe 191m from simple maths [350-191=159m].

Hole 2 by XTR HAS DRILLED BEYOND 350M -------------------AND HAS ALREADY HIT 1 5 2 . 5 METRES OF STRONGER MINERALISATION--------WHICH IS D O U B L E the TOP PORPHYRY ABOVE.

One called it a DOUBLE YORK. Per Mr Bird, he said the PhD GEO CALLS IT " DOUBLE SEQUENCE."

====HOLE 2 [UDER XTR] DRILLED DEEPER TO& found double 500M & FOUND DOUBLE the mineralisation======

OTHERWISE HOW CAN MR BIRD TERM IT A "MONSTER" AT "500M"??

So, on Monday, Tues or Wed, Hole 2 goes even further, that*s EXTRA CREAM TO MR BIRDS "500M MONSTER" TERM?

If others have a different take, then explains it to the folks who are asking on Fri.

Thanks.
News, Sat , 30 Jan 2021 @6:30pm
Page freezing so cant correct.

"DISCOVERY OF THE CADIA-RIDGEWAY GOLD COPPER PORPHYRY DEPOSIT."-
By John Holliday, McMillian & Tedder
Link: https://smedg.org.au/discovery-of-the-cadia-ridgeway-gold-copper-porphyry-john-holliday-colinmcmillanian-tedder/

"The C 371 assays recovered in Nov 1995 - 1 1 8m @ 0. 1 0 % cu copper from 396m to end of hole similar sign. observed adjacent to Cadia Hill ore body."

"Discovery getting closer NC371 deepened to 858.4m in Feb 1996. Assays: 610-712m @ 0. 1 3 g/t au GOLD & 0. 4 % cu COPPER."

...etc

Conclusion: Ridgeway DISCOVERY some 450m into Ordovian host rock sequence."

---
Both BODA investors mentioned Cadia. Colin Bird per this thread also referenced both BODA & CADIA-RIDGEWAY.

So, thought it useful to provide some info on Cadia-Ridgeway and how when they DRILLED DEEPER they hit ....

Hence, how BOD and now XTR Racecourse have hit after drilling deeper etc.

News. Sat 30 Jan 2021 @2:25pm.

This is history.

Andrew4444
Thanks. Now that you are here, have you measured Hole 1 to 2.
I used the PROSPECT ONE XTR MODELLING MAP - I used the scale 100-200m.
Then, I measured Hole 2 to the next Hole 3.
My word, the outside of the porphyry referred to by Mr Bird --WHITE PART -Hole 1, 2 -3 -width is ...
LoL- Next update from Mr Bird is going to be interesting but no one seems to be talking about this?

LAST PART:

HOLE 2, RACECOURSE
Per Mr Colin Bird, Executive Chairman, XTR:

"NEW GROUND.
300-400m OUTSIDE PORPHYRY.
Per PhD Geo, XTR: Double Sequence?
Fri, 29.1.21 Depth: 942.5m" Interview 28.1.21

Hole 2: Main Zone 450-500m.
Colin Bird on 28.1.21:
"500M - BIG WIN- MONSTER TALKING ABOUT. VERY PLEASED. WATCH THIS STEP."

SAT, 30 Jan 2021
Hole 2 Racecourse could have hit 492.5 m + 87.5m = 5 8 0m.
[492.5m minus 405m previous reporting = 87.5m/day].

MON, TUES, WED
Per Mr Bird, Tues may be the earliest he will report again? Others can confirm what he said in his last interview with Zak at Share-Talk.

O.K that covers the story thus far.

News, Sat, 30 Jan 2021 @1pm

WHAT IS MR COLIN BIRD ON ABOUT?
"1100M - CONFIDENT OF BIGGER ONES: C AD I A-RIDGEWAY, NORTH PARKES." -18.1.21 Interview @Share-talk.

Continuation: " What so great about 1,100m TARGET DEPTH HIT or 1,000m INTERSECTION?
@BODA [Alkane Resources, ASX, Lachlan Fold, New South Wales, Australia
@RACECOURSE [XTR Racecourse-Bushranger, LON:AIM, Lachlan Fold, NSW, Australia

What are the folks at BODA [Alk] on about re: BODA, the potential next Cadia and hence they chased the BODA discovery?

Cite:
CADIA-RIDGEWAY [2 deposits ie 1] Cadia 2]Ridgeway in their licence area], Lachlan Fold,NSW, Australia.

"2012 SEG DISTINGUISHED LECTURE- SOCIETY OF ECONOMIC...:Crucial Challenges to Discovery and Tomorrow*s deeper ore bodies."- Dan Wood.

In this article, CADIA-RIDGEWAY WAS CITED AS AN EXAMPLE AS ITS A LEGENDARY FIND in the Lachlan Fold, NSW, Australia.

Cadia is made up of Cadia Hill, Cadia East etc - some were OUTCROPS.

Then, came CADIA FAR EAST: " DEEP EARTH DISCOVERY ----800M BELOW SURFACE WITH 100-200M MINERAL COVER ROCKS."

Then came RIDGEWAY: " DRILLED 750M - NOTHING." Then, they had to RE-THINK and they drilled deeper. From other a/c, Ridgeway reached 1,600m depth.

-----SO, SINCE CADIA FAR EAST AND RIDGEWAY, NO JUNIOR HAS EVER HIT THE DEEPER DEPTH AND HIT LONG INTERSECTIONS OF 800-1000M UNTIL BODA and NOW XTR RACECOURSE [Hole 1]. This is the history of Lachlan Fold, NSW, Australia.

Hence, why the Canadian XTR forum said that tons of Aussie juniors are trying to have hits like BODA and little ole XTR Racecourse.

To read the above, just type in the title and it will turn up in the search engine.
News, Sat 30 Jan 2021

COLIN BIRD: "END UP? 1,100M - CONFIDENT OF BIGGER ONES: CADIA-RIDGEWAY, NORTH PARKES."
[C.Bird, Executive Chairman, XTR Racecourse-Bushranger interview,Sharetalk, 18.1.21]

EARLIER INTERVIEW:
Colin Bird: "Racecourse-Bushranger vs BODA: Pretty much the same, Better. What? Mkt Cap $400m in ref to ALK-BODA mkt cap."

WHAT IS COLIN BIRD TALKING ABOUT 1,100M ABOUT AS ABOVE?
After the BODA Discovery hole of 502m, they went on LATER to hit a INTERSECTION of 1,167m, also at BODA.

In the interview of 18.1.21, Mr Bird said "900m of continuous mineralisation." I recall he called it the "Magical 1km." On the XTR New Modelling of Racecourse-Bushranger, Hole 1 is now marked 904m of mineralisation.

WHAT SO GREAT ABOUT 1,000M INTERSECTION HIT?
XTR*s Racecourse 904m INTERSECTION HIT is from 110m. {Hole 1] Target Depth is 1,100m.

-----FEW CO*S EXPLORING AT LACHLAN FOLD, NSW, AUSTRALIA HAVE HIT 1,000M TARGET OR HAD 1,000M INTERSECTION HIT OF MINERALISATION. Since Cadia-Ridgeway and North Parkes [Colin Bird said North Pakes hit big holes], NO ONE [co] has HIT 1,000m [+-] INTERSECTIONS of mineralisation UNTIL BODA.

That*s why many articles have been written about Lachlan Fold, NSW, Australia-hottest postcode and TONS of juniors [Aussies and Canadian] are TRYING to HIT the NEXT BODA.
All these juniors have LARGE land packages and included in the CHASING PACK is Kincora Copper whose Technical Director was a CO-FOUNDER of Cadia. NOT A SINGLE ONE HAS HIT A BODA INTERSECTION THUS FAR ie 502m or 1,167m.

Until, XTR*s RACECOURSE HOLE 1 HIT 904M OF CONTINUOUS MINERALISATION.

This is the history of XTR Racecourse. Hole 2 per Mr Bird is recorded also in this thread.

News, 30 Jan 2021 [Sat]

OlderandWiser,
Answer; Yes, that was just the RUN-UP of $100m [A$] on that discovery hole.
Why? Just look at the next sentence from the MD of Alkane - BODA. People think he said its another Cadia. The stock market and in particular juniors who hit the XYZ discovery are FORWARD-LOOKING or were in the case of BODA especially in Oz. The folks there live in a country that is mining orientated and therefore they are experienced and seasoned mining investors. Note, they thought it was potentially another CADIA. Fast-forward, 9 Nov 2020, Alkane issued an RNS/Ann on the ASX with further results and the MD said he thinks they have a potential TIER-1.

LoL, the early folks GOT there first months before as HISTORY now shows. Currently, Alkane*s mkt cap is A$488m @some 83c [Edison said 75c is attributable to BODA].

So, it shows that FOLKS [Aussies] were TRYING TO PILE INTO ALK otherwise how could it go up A$100m in the following days? I note that the comment that it is not A$100 but £100m - I am quoting from the MiningNewNet article. This article was screenshot by Kincora Copper whose Technical Director, John Holiliday was the co-discoverer of Cadia-Ridgeway.

Note, there is a big difference between Cadia and Cadia Ridgeway [2 deposits whilst Cadia was the earlier one discovered?].

Why has the sp not reacted? On the other forum XTR [UK], they said it needs volume. With some folks asking What*s XTR Racecourse about? What is the meaning of what Colin Bird stating" Monster" in his interview. Practically, few have a clue.

Look at Greatland-at 1.3p with Hole 5 results for Havieron few had a clue what that result meant. After Hole 6-9, folks there said NOT good enough. SHOCK - one morning, an RNS appeared Newcrest had JV*ed into Havieron. Same goes for the Alpala story - it was 1.5p but no one could read the modelling and was clued up? That*s all history but it explains that the UK AIM market has opportunities because as John Cronford said, XTR investors are made up of the experienced and non-experience and traders.

The MiningNewsNet article recorded for LACHLAN FOLD, NSW, AUSTRALIA history by Kincora Copper shows all the co*s [Aussie] trying to FIND THE NEXT BODA. And the BODA folks trying to find the NEXT CADIA.

Sorry for not editing as I am in-between lunch.

"BIG POPHYRY HUNT ON IN NEW SOUTH WALES." - MiningNews.Net, 11.12.19
https://www.kincoracopper.com/media/downloads/MiningNews_12-11-2019.pdf

"If Paterson Province was the hottest exploration destination in 2018, Lachlan Fold Belt, NSW is the hot spot of this year."

"In Sep , a diamond hole at Alkane Resources B O D A in central NSW INTERSECTED 5 0 2 metres @0.48g/t au & 0. 2 1 % cu COPPER."

"The hit added more than A$100m to Alkane*s market value in the following days.

"Alkane MD....admitted the grade was similar to NEWCREST*S CADIA EAST.
People are definately hoping we discovered CADIA, he told Mining News Net in Sep."

"Its not just juniors in the region- MAJORS Freeport McMoran, Fortesque and Newmont also hold ground."
---------
I am giving a backdrop as to what the Canadian XTR forum was talking about ie juniors in Australia chasing another BODA in the Lachlan Fold, New South Wales, Australia.. This is in this thread. Click to see. Since this article, Alkane has gone to hit 1,100m+ at BODA [intersection] and on 9 Nov 2020 [ALK RNS/ANN] the MD of Alkane said he thinks they may have a Tier-1.? ?www.alkaneresurces.com
-------
XTRACT RESOURCES COLIN BIRD, EXECUTIVE CHAIRMAN, INTERVIEW WITH SHARETALK
RECENTLY.

Asked by Zak: "Colin Bird: BUSHRANGER VS BODA: PRETTY MUCH THE SAME , BETTER. WHAT ALK: $400M Mkt Cap."

COLIN BIRD, 18.1.21 INTERVIEW, SHARE-TALK:
"BUSHRANGER, LACHLAN FOLD, NSW, AUSTRALIA:

"END UP? 1100M - CONFIDENT OF BIGGER ONES- CADIA RIDGEWAY, NORTH PARKES sold to the Chinese for $800m." [After Hole Racecourse 1 hit 1100m depth]
{"Kimberlite CLUSTERS, all diamonferous, SAME with PORPHYRIES.]

XTR 5p region, Mkt Cap £31m.

Part 4:

PROSPECT ONE [XTR] RACECOURSE LONG-SECTION MODELLING
[NEW dated 25.1.21. Shows re-orientated Hole 2 & 3. Hole 1 denoted with 904m min]
From 25.1.21 XTR RNS: Geochemical Update: Bushranger

Link: https://www.rns-pdf.londonstockexchange.com/rns/8229M_3-2021-1-25.pdf
or https://xtractresouorces.com [click 25.1.21 RNS]

R A C E C O U R S E MODELLING - HOLE 1, 2 & 3
Hole 1 - PURPLE LINE
Hole 2- BLUE LINE [in progress]
Hole 3- Blue Line.

HOLE 1 -" 905M OF COPPER MINERALISATION."
Look at the W H I T E P A R T of Hole 1 where there is no BROWNISH GREEN, LIGHT GREEN OR DARK GREEN as they did not know what was BEYOND. Given the drill, NOW THEY KNOW ie copper mineralised.

Hole 2-CURRENT
Again, the WHITE PART but this time, the Hole 2 [Blue line] HITS small BITS of brownish green. One can see from RIGHT INDEX 4 5 0 - 5 0 0 M is where the bits of brownish green is.
BEYOND, we will find out soon ie Sat, Sun, Mon and possibly Tues - TARGET DEPTH 750m and maybe more if its still mineralised. One can SEE that the target DEPTH is NOT as deep as Hole 1.

HOLE 3 - Blue line.
Almost the SAME angle as Hole 1 [the next drill to come] BUT IT GOES A BIT FURTHER THAN HOLE 2. Hole 3 is NEARER to Hole 1.

KEY: Project Cu% - Shows COLOURS AND THE GRADES ie 0.1-0.3, 0.3-0.5 & 0.5-1.0
KEY: 0 TO 100M - 200M [ Black]

WIDTH:
One can take a piece of paper and copy the 0-100m - 200m to get an idea. Then, one can measure HOLE 2 TO HOLE 3.

KNOWN ORE-BODY
BIT FAT CIGAR as it was termed by Mr Bird - THIS IS COLOUR CODED. One can also MEASURE the WIDTH.

XTR PHD GEOLOGIST [Colin Bird interview @Share-talk on 28.1.21]
Mr Bird said the Phd Geo thinks its a "DOUBLE S E Q U E N CE."
" 300-400m T A R G E T O U T S I D E OF THE P OR PHYRY."

---------THIS IS THE DOUBLE YOKE, one poster calls it or PhD*s term DOUBLE SEQUENCE----
--OR ANOTHER ORE BODY? --Or whatever it was referred to by Mr Bird, Onion and Avacado?

HOW BIG IS THE DOUBLE SEQUENCE?
Dont know as the modelling does not show the drills after Hole 3 on this model.

Just to explain the DIAGRAM MODEL, nothing more. Everyone can look to see what Mr Bird meant by "HOLE 2 - BIG W I N , 5 0 0 M M ON S T E R TALKING ABOUT. WATCH THIS SPACE. VERY EXCITING."

FOR THE AVOIDANCE OF DOUBT: FRI, 29 JAN 2021, HOLE 2 HAS INDEED HIT 492.5M PER RNS.
Tomorrow, Hole 2 Racecourse could hit 580 M [942.5 minus 904m previous = 87.5m per day drilling. 492.5m + 87.5m = 580m].

Just for discussion.

News, 29 Jan 2021 @9:05pm [Night]
DYOR.

Per noix @18:32pm, Fri, 29 Jan 2021 [Post XTR Bushranger RNS]

"Today*s RNS had them at DEPTH 492.5m. Coincidence or JUST REACHED THE TARGET ZONE.
RNS 28.1.21: ..to intersect the DEPOSIT at a TARGET DEPTH OF 450-500M." Rec.
--
OBSERVATION:

SAT, 30 JAN 2021
Racecourse Hole 2 could HIT 5 8 0 METRES TOMORROW.!!??
This will be PAST the 500M MENTIONED BY COLIN BIRD: "

500M B I G WIN - M O N S T E R TALKING about. WATCH THIS SPACE. VERY EXCITING."28.1.21 Interview @Share-Talk per Colin Bird, Executive Chairman of XTR Racecourse-Bushranger.

[492.5m +87.5m/day. 492.5 minus 405m previous day =87.5m /day."]

I did wonder why no one mentioned it until noix just brought it up, mkt closed now.
Mr Bird said that 492.5m per RNS today = 300M STEP-OUT from previous XTR hole & 200M from any HISTORIC HOLE. {Fri 29.1.21 RNS]

News, Fri, 29 Jan 2021 @7pm.

XTR BUSHRANGERS RNS, 20 JAN 2021
" Hole 1, Racecourse : DEPTH 1,0 5 0 m [235m past original planned]"
"MINERALISED CONTINUOUSLY over a 9 4 0 M INTERVAL." [From 110m]

--------------History made as Racecourse historic drills depth ONLY to 350m ----------
------ [ Almost equivalent to Alkane* BODA, Lachlan Fold, NSW, Oz of some 1,167m int]----
Per Colin Bird: XRF Hole 1: 0.2 % Cu to 0.5% cu COPPER. Racecourse JORC: 71Mt @0.44% cu & 0.064 g/t au gold.

HOLE 2, RACECOURSE
Target Depth: 750m
Current: 492.5m as at Fri, 29 Jan 2021 [From 130m -340m: Weak to Moderate mineralisation. From 340m - stronger mineralisation.

=150 m of mineralisation thus far today. [inc 40m into the Central Potassic Alteration Zone at about 450m]

Colin Bird, Executive Chairman: "SIGNIFICANT STEP-OUT OF MORE THAN 300M from previous XTR hole and 200m from ANY HISTORIC HOLE." 29.1.21 RNS

MONDAY - 1 Feb 2021
Hole 2 Racecourse could reach 750m target.

TUES-WED 2 & 3 Feb 2021
Colin Bird Interview @Share-Talk, 28.1.21:
"Hole 2, Racecourse : 5 0 0m BIG WIN, M O N S T E R TALKING ABOUT.
WATCH THIS SPACE. VERY EXCITING."

-----So, history awaits next week, from Mon onwards as above as Mr Bird said Tue/Wed.--

Story so far.
News, 29 Jan 2021 @4:55pm

From a Canadian observation:
@JGMS : " It will be ironic if little UK listing XTR.L hit something big in the Lachlan Fold when Aussie juniors have been chasing since ALK.ax drilled at BODA." - 18 Jan 2021.

@Pete: "Hole 1 is drilling down plunge." - 18 Jan 2021

From CEO.CA of Canada.

Possible Schedule:

Fri, 29 Jan 2021 Hole 2, Racecourse at 492.5m.
Doing 86.5m a day. [Current depth: 492.5m minus 405m yesterday].

Sat, 30 Jan 2021 492.5m +86.5 = 5 7 9m

Sun, 31 Jan 2021 579m + 86.5m = 6 6 5 m

Mon, 1 Feb 2021 665m + 86.5m = 7 5 2 metres. [Target 750m]

IF, SAY, MIN CONTINUES, THEN XTR MAY CONTINUE WITH DRILL LIKE HOLE 1?

CAVEAT: Just a rough schedule to follow as NO guarantee it will be 86.5m a day etc.
Main body: 450-500m.

Just recording to keep up with what is happening to Tues, 2 Feb 2021 or Wed, 3 Feb 2021 as mentioned by Colin Bird, Executive Chairman, XTR Racecourse in his last interview. It is just an idea of where we are at and MAY [IMPERATIVE MAY, IF] be going.

DYOR.

ThePunter1 @14:02 is not of the opine re: RNS 150m ....
So, for correctness, wait for further elucidation from the Chairman of XTR, Colin Bird or further RNS later next week.

Fri, 29.1.21 @2:15pm
I am waiting hopefully for a new Colin Bird interview post RNS today.

Caveat Emptor: 14:03
"It said the previous mineralisation was broken, indicating that the next 150m was continuous." Rec.

Edward_7963 on Twitter showed part of the screen shot from the RNS of today, Fri, 29.1.21 tweeting: "150m of good mineralisation INCLUDING 40 metres of the CENTRAL ZONE."
https://twitter.com/edward_7963 28 mins ago, Fri, 29.1.21 @2:10pm.

Just recording for archival records of this nice RNS-Hole 2, Racecourse, NSW, Oz

demark
If you look at the NEW PROSPECT ONE RACECOURSE NEW MODELLING,
one will see where Hole 2 is and what the PhD Geo of XTR*s hypothesis is ie potential "double sequence."

The RNS, Fri 29 Jan 2021 tells us that it has "ENTERED the CENTRAL POTASSIC ALTERATION AT 450M." [Ref: Hole 2, Racecourse]

The ShareCast article stated 450-500m MAIN BODY.

So, if you check the Geochem RNS of a few days ago on XTR website and click the Long Section for Racecourse [New Modelling], I think one can see what this RNS is about.

Thanks.

Hopefully, an INTERVIEW with Colin Bird, Executive Chairman, XTR to follow up on RNS, Fri, 29.1.21 @1:45pm.

LoL
RNS, Fri, 29 Jan 2021 @1.21pm ish.

Hole 2, Racecourse at 492.5m.
"Entered CENTRAL POTASSIC alteration at about 4 5 0 m."
"Copper more pronouned with DEPTH."
Colin Bird: " Significant step-out of MORE THAN 300M from previous XTR hole & 200m from any HISTORIC HOLE. Last 150 - encouraged wide interval by ext prior to alteration zone."
[Colin Bird, Executive Chairman, XTR]

@1:35pm.
Nice of Mr Bird to let us know. Thank you so much.
News, Fri, 29Jan 2021.