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Per Colin Bird interview with Share-Talk, 2pm, Mon 18 Jan 2021
-------ITS 900M OF CONTINUOUS MINERALISATION NOW----------

SP: 7.30p to sell and 7.4p to buy [Advertised, NOT live price] +85% {{NO QUOTE TO BUY EVEN £360 WORTH}}

Mon, 18 Jan 2021 @2:36

Olderandwiser,
In reference to Hole 5 [HAD 005], I said that at the time of pre-visuals, the description of "massive sulphides" was insightful to the release of the actual results later. From this results, one could see that they were better than Telfer*s and I provided the data.

However, the next Phase of drilling ie Hole 6-9 , the results were NOT well understood as folks wanted even better results not cognisant it takes time for the overall grades and tonnage to show through etc - this is history now.

So, the news that Newcrest offered a JV came as a SHOCK to many as they had deemed it not good enough even though Australian press was gushing that it was the best result from Australia for some time.

So, in my post here, I said that RESEARCH worked for me re: Greatland and therefore here as well at XTR*s Bushranger. There was NOTHING to provide a GUARANTEE that drilling DEEPER to 800-1000m would hit LONG INTERSECTIONS. So before I jumped in, I did RESEARCH on BODA and Lachlan Fold, NSW, Australia geo, results etc. I also did some on Cadia-Ridgeway which is "next or near" XTR*s Bushranger. Thankfully, Hole 1 drilling results has now HIT 700 METRES OF CONTINUOUS COPPER MINERALISATION on Fri, 15 Jan 2021 under XTR*s ownership of Bushranger. So, research worked for me.

This was in reply to Dave extension cals last night covering 3 postings. However, Bitcoinflyer told Dave today, 17 Jan 2021 at 10:10 [Sun]: "Its pointless until we get ASSAYS, GRADE & DEPTH & width of our resources [plural] when we know we can make assumptions."]. Others also gave an answer as Dave addressed his cals to everyone on this XTR forum. However, although he thanked me, nevertheless he had things to say about research. So, I had to answer in a comprehensive way about XTR*s BUSHRANGER PROSPECTS [PLURAL] and that the research is from OFFICIAL RNS from the 3 owners of BUSHRANGER ie Straits with REVENUES OF A$982m in 2006 , Tooday Resource + Xtract Resources [London listed]. Straits Resources & Tooday are ASX listed at the time. That had to be answered given I was named.

I trust this explains matters. The conversation has now ended as eveyone on this forum have answered the said cals including from me.

News, Sun, 17 Jan 2021
DYOR. Pardon typos as not editing.

XTRACT RESOURCES - BUSHRANGER -RACECOURSE ,FOXTROT ETC.

Xtract Resources acquired the Bushranger licence 100% at Lachlan Fold, New South Wales, Australia recently.
https://xtractresources.com/Bushranger-project/

NEW OWNER - XTR OF BUSHRANGER 2020
This is what Xtract said in the Apr 2020 Presentation after acquisition:

"At Bushranger, CU-AU INTERSECTIONS S I M I L A R in G R A D E S & thickness to Alkane*s B O D A Discovery [502m @0.6% Cu Equivalent] exist and require follow=up drilling.

At Bushranger, Multiple IP, Magnetics & Geochem features indicate the POTENTIAL for the project to HOS a C L U S T E R of copper gold porphyry deposits S I M I L A R to C A D IA - R I D G E W A Y." https://xtractresources.com/wp-content/uploads/Bushranger-Summary- Presentation_April-2020.pdf [Only 1 presetation of Apr 2020]

So, @dave85 - I have presented today, 2 ASX RNS/ANN of 2006 and 2007 from two previous owners ie Straits Resources, ASX with revenues of A$982m per their a/c of 2006 in which they name Bushranger, 100% owned sold to Tooday in 2007 also ASX listed.

Both did work and DRILLING on Bushranger-RACECOURSE including JORC [2 resource statements].

XTR obviously did more work on it and what they said is insightful relating to BODA [Alkane*s Mkt Cap is A$400m for Boda per Mr Bird, XTR] and Bushranger vs CADIA-RIDGEWAY [Newcrest] with deposit of 50 MOZ which is the largest deposit in the Lachlan Fold, N.S.W. Australia and largest in Australia which is "NEXT" to Bushranger.

So, 3 co*s RNS/ANN & Presentation on Bushranger.

Straits had revenues and a producing mine and other exploration licences so they sold Bushranger on. One is aware that one has to do work on the licence so with so many it is possible they sold it on to Tooday.

So, LOL - 3 OFFICIAL REPORTS FROM 3 OWNERS LISTED ON ASX, AUSTRALIA & LONDON.

So, that*s my answer to you @dave85 - that is substantial OFFICIAL REGULATORY NEWS submitted to the Australian Stock Exchange & London Stock Exchange. Mr Bird was formerly Head of Planning and a Mining Engineer from Anglo-American. Bushranger has a Buy-In-Option with Anglo-American or if XTR choses to mine on <2Mt.

News, Sun 17 Jan 2021

Not sure why the top of the post did not print.

STRAITS RESOURCES:
"BUSHRANGER, NSW: The 100% Bushranger project lies within the eastern portion of the Lachlan fold Belt of NSW. Exploration work by Straits defined the RACECOURSE prospect, a LARGE UNIFORM MINERALISED SYSTEM of OVER 1. 5 KM X 1 K M with the potential to be a L A R G E C O P P E R M I N E.

DRILLING has DEFINED a LARGE CHALCOPYRITE C O P P E R SYSTEM with associated zinc and gold with VERY CONSISTENT G R A D E from surface.

Mineralisation identified has a gentle Westward PLUNGE and that INCREASES in THICKNESS with DEPTH.

Potential for HIGHER GRADE portions and ELEVATED GOLD z o n e s exist WITHIN the deposit which is still O P E N at D E P T H to the West & South."
https://member.afraccess.com/media?id=CMN&filename=20070228/00698277.pdf

Title: "Straits Resources Ltd, ASX Preliminary Final Report, 31 Dec 2006." [Profit before tax A$982m]
Straits sold Bushranger to Tooday Resources, ASX.

TOODAY RESOURCES:
https://www.asx.com.au/asxpdf/20070809/313wk004jpnzsk.pdf
[TDR.ASX, 9 Aug 2007 - Bushranger]
"Potential is considered excellent for the discovery of copper or copper-gold mineralisation with the RACECOURSE and also FOOTROT & DAISY BANK prospects.

Bushranger has been COVERED by GEOPHYSICS in the form of airborne magnetic and radiometries, ground induced polarisation [IP] and Electromagnetics [EM].

This has SUCCESSFULLY LOCATED the RACECOURSE prospect & several OTHERS including FOOTROT & WHITE SPRINGS prospect.

The IP A N O M A L Y is O P E N to the North and 1 DRILL HOLE 100m NORTH OF THE IP COVERAGE appears to confirm the CONTINUATION of the copper MINERALISATION."

My Comment:
Mr Bird in his last interview with Share-Talk of 15.1.21 said that width is increasing with depth, Hole 1 Racecourse-Bushranger is on the EDGE OF A HIGH GRADE ZONE {Material} and earlier he talked about Footrot as another porphyry at Bushranger and massive system [12.121 interview with Share-Talk]. So Mr Bird CONFIRMS both the work of STRAITS RESOURCES & TOODAY, the previous Australian owners of Bushranger. ALSO, THE LENGTH OF RACECOURSE IS 1.5KM X 1KM which is much larger than previously known.

I just found Straits ASX RNS today after isomer asked about Footrot.

News, Sun 17 Jan 2020 @5:10pm
DYOR.

Part 2:
Share-Talk, 1 hr ago, Sunday, 17 Jan 2021 @1.30pm now.
"Interestingly enough, it is not necessarily the stocks that have the greatest positive chat on social media that achieve the greatest gains. This point has been underlined by the recent #copper #gold play Xtract Resources. Share-Talk shows the XTR share price chart at 4p +60% on 15.1.21 and a link to Colin Bird*s Interview with them on 15.1.21 :Colin, like the BT adverts, good to talk."

Link: https://twitter.com/ShareTalkNews/status/1350773050913005568 Sun,17 Jan 2021.

My Comment:
This tweet just out proves further evidence of what I said on this thread to @Dave85 per 3 posts on Sat, 16 Jan 2021 and today. Evident people took notice of the XTR RNS of 15 Jan 2021 [Fri] and Colin Bird, Executive Chairman*s Interview with Share-Talk shortly after the said RNS at noonish time.

After the rise of XTR*s share price, the mkt cap stood at £25m which is close to the other co John Cronford, Mining Analyst, Master Investors mentioned which is also exploring in a different part of Australia but has a mkt cap of £23m with no drilling done yet. XTR*s Bushranger reported on Fri, 15 Jan 2021 that Racecourse hit 7 0 0 METRES of "continuous mineralisation" with further drilling to depth of 823m at the time of the said interview. On Mon, 18 Jan 2021, Racecourse could have hit possibly 1,000m and Mr Bird said he would update us with PICS of the drill core which was "beautiful, really beautiful." So, the prospect speaks for itself.

Bushranger has a 10km STRIKE per the Xtract Resources Apr 2020 Presentation. There are also other prospects on the licence area including FOOTROT which Mr Bird mentioned in his 12.1.21 interview, also with Share-Talk post RNS of 12.1.21.

To read: kindly type: "Xtract Resource Bushrangers" and it will come up. Click the bottom page like to the said Presentation. Mr Bird mentioned that Racecourse is not only the 1 PORPHYRY but another is FOOTROT + EPITHERMALS. The Bushranger 10KM stike is recorded on the said XTR presentation via maps.

News, Sun 17 Jan 2021 @1:45pm
Looking foward to Mr Bird*s further update and more core pics from drilling at Racecourse-Bushranger.

Xtract Resources - Bushranger
When I first landed here, there were legacy holders. I was only interested in the new project, Bushranger and the mkt cap of £9m did not take in this Australian project in the Laclan Fold, N.S.W. Australia whilst other co*s exploring in Australia had mkt caps of £25-26m in Victoria etc. The volume was exceedingly low. I started posting research on BODA*s discovery, same area as Bushranger to get a better idea here.

WHAT CHANGED?
Bushranger resumed driling at Racecourse-Bushranger after the Xmas & New Year. Then on 12 Jan 2021, XTR issued an update to state that Racecourse had returned 530 meters of copper mineralisation [607m depth from 110m]

Colin Bird, Executive Chairman then followed this up with an interview. When asked by Zak: you are NEXT to the biggest mine? Colin Bird then said that "Bushranger vs B O D A : Pretty much the same, Better." He then elucidated "massive system." The NEXT door to Bushranger is Newcrest*s Cadia-Ridgeway mine - deposit is the largest in the Lachlan Fold and Australia.

JOHN CRONFORD, MINING ANALYST, MASTER INVESTORS, 15.1.21
wrote an article on XTR. The context was that Greatland was yesterday*s darling. Greatlanders he noted had moved on to look for the next potential Greatland but asked if they were "truly" the next Greatland. Mr Cronford said :" A HIGHLY PROMISING EARLY RESULT -explaining the SHARE*S JUMP and "with the chance that they are STUMBLING upon seriously LARGE FINDS. "

XTRACT RESOURCES FRI, 15 JAN 2021 RNS - BUSHRANGER
Xtract said Bushranger had reached 804m with 700 METERS OF CONTINUOUS MINERALISATION. Also, that drilling would continue until 1,000m and more if still in mineralisation.

COLIN BIRD INTERVIEW , 15 Jan 2021 post 15.1.21 RNS.
Mr Bird said that Bushrangers had hit 823m depth at Bushranger. Zak asked Mr Bird: Exeeced initial expectations? Mr Bird said "certainly" and went on to talk about the "700METRES OF CONTINUOUS MINERALISATION ."

So, the interest started coming in after the 12.1.21 RNS and Cronford*s article of 151.21 and further XTR RNS of 15.1.21.
"John*s Mining Journal : Four rocketing mining minnows - should you follow them." https://masterinvestor.co.uk [John Cronford] 15.1.21
Link to Mr Bird*s 2 said interviews are on Twitter under "Share-Talk."
------------------
FOR THE AVOIDANCE OF DOUBT - FAO @Dave85 [Reply to Dave*s only 3 posts on XTR strting last night, Sat, 16.1.21 via his posting history in the last 30 days].
-----------------
News, Sun, 17 Jan 2021 @11:15am
DYOR. Please check.

MONDAY, 18 JAN 2021 BUSHRANGER RNS
Colin Bird told us on Fri, 15 Jan 2021 that he will update on Mon, 18.1.21 with PICS OF THE CORE describing it "BEAUTIFUL, REALLY BEAUTIFUL" & "Good Copper Values."

Those who are Geo*s [very experienced] will be able to have a guess once the core pics are out.

On Fri, 15 Jan 2020, post RNS at noonish, the MM*s would not give LIVE quotes to buy for some time and when they did open quotes, one had to start with larger amounts like 10,000 or more. When they would not quote, one had to go to the lowest denominator ie £50*s worth. Even then, no quote. So, finally at about 4pm, the MM*s opened shop - this was when we [shareholders] saw the price increase for selling until just before the bell, the PRICE TO SELL KEPT JUMPING FURTHER + to buy. People wanted to buy. Why? After John Cronford*s article of Thur, 14 Jan 2021, RNS of Fri, 15 Jan 2020 [came out noonish] and then Colin Bird*s interview later, they had to think about whether they wanted in at £25 mkt cap. Since they wanted in, they started rushing at the market maker to buy and then was when the price just went vertical in the secs and mins. That is the account of what happened and evidenced by the sp jumping on late Fri, 15.1.21.

ON MON, 18 JAN 2020
It may pass 1,000m [or could]. Colin Bird said at the interview, Racecourse was at 823m.
At 80-90m a day, it will be 3 days of drilling. Usually, the RNS comes out noonish when Oz reports. So from Fri, noonish to Sat noonish, Sun noonish and Mon noonish = 3days or 240m or 270m more. Therefore 823m + 270m =====1,093m

IF THE RNS [per C.Bird] says they have hit 1,000m say and they are CONTINUING [Bird said on Fri, 15 Jan 2020, they dont know how far it will go and will continue until it end at the zone] it means it will be MORE THAN 1,000M.

Oh my! That will EXCEED BODA*S 1,167M ALMOST, THE 2ND MILESTONE EXCEEDED [IF].

COLIN BIRD: 15 JAN INTERVIEW [FRI] : " M A T E R I A L : E D G E O F H I G H G R A D E Z ON E."
Almost mile-stone earlier than BODA [they took some time and only found it on 13.1.21 per RNS?]. Is it possible that RACECOURSE could do a D A U G H T E R H O L E ? Alpala did one - sidetrack from the main hole - its cheaper I believe to do so. It can then TEST THE HIGH GRADE ZONE if they can reach it from HOLE 1.

I would like to see how the MM*s manage Mon, 18.1.21 noonish onwards. Too many are too seasoned - they test and find out MM wants to buy and they hang on to their stock. Hence, why the MM*s had to pay more over advertised in bigger blocks as the 3.999m buyer had to pay more at 2.5p [buyer in the background]. MM*s do ring TR1 holders - Paul Johnson said they rang him to ask if he could sell stock? Can imagine they wont ring Sanderson - if they had stock, the market would not have been so TIGHT for stock on Fri, 15 Jan 2020.

Sorry for typos. Not sure why when I type known, it come out know plus some others?

News, Sat 16 Jan 2021
I am going with Coli

@Dave85
We have met somewhere before on the London South East Forum. I am not sure where but I think I have seen your name at a stock with the word starting with A . . . [not allowed to mention other stocks].

From you analysis from the presentation, you used the gold grade of 0.064 g/t au which was in the 71Mt data [JORC]. Also, you used 71Mt 0.0044cu. So, from the JORC you extrapolated the figures.

However, from "BODAFUL OF VALUE" by LiveWireMarkets.co.au - they extrapolated the figures to give the tonnage from the DIMENSIONS as they stated. As you may be aware Livewiremarkets are via subscriptions also to Australian investors and they include Barry Fitzgerald who is well regarded. They will consult with experts as it does appear so in their writing?

Therefore, your analysis means there is NO CHANGE at all in the figures from the JORC even though in porphyries, the grades increase with depth. Colin Bird has said about "stronger" mineralisation as it goes down. Also, Colin Bird stated when asked by Zak: You are NEXT to the biggest mine. Colin Bird himself then said: "BUSHRANGER VS BODA : PRETTY MUCH THE SAME , BETTER."

A/c to the CEO of BODA {Alkane], on 9 Nov 2021, he said in the RNS/ANN that he thinks that they may have a TIER 1. The LiveWireMarkets article was very much earlier in 2020 and even then they could ALREADY CALCULATE the tonnage I posted which from recall is something like 190Mt -550Mt [please check my post earlier today]. So, they were ACCURATE that they could be RE-RATED to $1bn which is industry norm for a 1bt tonnage typically for Tier 1 [as in from].

I merely posted the COLIN BIRD INTERVIEW of Fri, 15 Jan 2021 with the notes so that surely cant be ...as you suggest.

John Cronford, Mining Analyst, Master Investors wrote an article on Thur, 14.1.21 after the XTR Bushranger RNS of 12.1.21 [530m of copper mineralisation]. On Fri, 15.1.21 XTR issued a further RNS stating they had reached 804m with 700M OF CONTINUOUS MINERALISATION. His article suggested that Greatlanders were looking for the NEXT Greatland but are they "truly the next Greatland." He said in his article that the 2 co*s could potentially have BIG FINDS - AND THAT EARLY INDICATIONS WERE PROMISING.

UNLESS COLIN BIRD IS WRONG IN HIS INTERVIEW OF 12.1.21 IN COMPARING BODA WITH RACECOURSE-BUSHRANGER, LIVEWIREMKTS IS ALSO WRONG IN THEIR CALS & BY EXTENSION MR JOHN CRONFORD, then it may be that we will have to see your analysis will work out or not. So, with due respect, the jury is out until the FINAL RESULTS ARE KNOWN at a much later stage.

As for me, I have compared BODA as the BENCH-MARK example shortly after I landed here. I had done quite a lot of research before I posted.

Similarly, at Greatland which Cronford mentioned ie Greatlanders in XTR, again, the BENCHMARK WAS TELFER and I compared the Havieron results Hole 5 etc with Telfer =better than Telfer was the conclusion matching them side by side. That proved CORRECT given the

Part 2:
BODA: 13 APRIL 2020
1,167 M E T RE S @0.55g/t au & 0.25% COPPER - HOLE KSDD 007
[Ref: "A BODAFUL AMOUNT OF VALUE."- LIVEWIRE MARKETS, 13.4.20]
https://www.livewiremarkets.com.au/wires/a-bodaful-amount-of-value

"..Delineation of the BODA porphyry prospect is the KEY VALUE CREATION which I believe can see ALK deliver OUTSIZED gains..."
"HIGH GRADE CORE STILL HASNT BEEN FOUND YET."
"BODA - 1,000 m S T R I K E , 1,000M D E E P X 400M."

versus RACECOURSE, 1,000m STRIKE, MAYBE 1,000M DEEP come mon 18 Jn 2021? x 250m
although Mr Bird said on 12.1.21 Share-Talk interview, the width is getting bigger as it goes down."

BODA :13 JAN 2021
RNS: "HIGH GRADE ZONES shown by revised drill orientation."
https://hotcopper.com/asx/alk/

BUSHRANGER-RACECOURSE
Colin Bird: "Bushranger vs BODA: Pretty much the same , BETTER."
What : BODA -ALKANE $400M MKT CAP." Interview dated 12 Jan 2021 - Share-Talk.

-------BUSHRANGER-RACECOURSE-----
Instead of hitting 502m at discovery hole, then later 1,167m intersection & 13.1.21 at higher grae zone, Racecourse has E X C E E D E D BODA*S 502M, COULD 1,00m ON MONDAY, 18 JAN 2021? & ALREADY ON THE "EDGE OF THE HIGH GRADE ZONE" ["MATERIAL per Colin Bird]

--------ALL HAPPENING & COULD HAPPEN ON MON, 18 JAN 2021 AT HOLE 1---------

------"UNIQUE : OREBODY LYING ON ITS SIDE. BLOCK CAVE- PROGRESSIVE."-Bird,12.1.21

----"NEWCREST CADIA- Mineralisation IN & Out vs RACECOURSE : 700M OF CONTINUOUS MIN."-Bird, 15.1.21 [Fri]

FUNDING
Phase 1 [3holes] paid for as no one will drill without money in the bank. No one will take I ow e you. Drillers took shares ref: Havieron & Alpala - example.

FOOTROT & EPITHEMALS
Bushranger licence - Bird another PORPHYRY. Not under AA agreement.
[Bird 12.1.21 Sharetalk interview]
Per XTR Bushranger Apr 2020 Presentation: " C L U S T ER S indicate POTENTIAL to host SIMILAR to CADIA-RIDGEWAY." [para-phrased]. Please check.

News. Sat 16 Jan 2020
XTR MKT CAP £25M @4p area. 25m share vol, Fri, 15.1.21
I noticed in the a/c, the MM*s did not turn the price down after the mkt closed? Please check.
DYOR. Since no driller

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