Gold Mineralization At Double 19 Kibi Gold Project
TORONTO - Xtra-Gold Resources Corp. reported assay results for an additional 13 drill holes from its current resource expansion target generation program within the Zone 2 - Zone 3 maiden mineral resource footprint area, on the Kibi Gold Project, located in the Kibi - Winneba greenstone belt, in Ghana, West Africa. The 13 diamond core boreholes totaling 2,185 meters were completed by the Company's in-house drilling crews from mid-January to early March 2021 on the Double 19 deposit (9), Gatehouse zone (3) and newly identified Lone Tree shear structure (1); with a total of 98 holes (13,004 metres) drilled to date since the program's initiation in September 2019.
Assay results highlights: 48.8 meters grading 0.76 grams per tonne ("g/t") gold, including 1.91 g/t gold over 6.9 meters, from down-hole depth of 134.0 meters in #KBDD21387, with undercut hole #KBDD21391 returning 15.1 meters grading 1.24 g/t gold, including 2.56 g/t gold over 4.5 meters, from down-hole depth of 200 meters; extending mineralization down to vertical depth of 200 meters on northeastern most NW Limb zone section at Double 19; Additional NW Limb drilling highlights include: 13.5 meters grading 1.92 g/t gold, including 3.13 g/t gold over 5.9 meters, from down-hole depth of 138.5 meters in #KBDD21384; 11.6 meters grading 1.00 g/t gold and 17.1 metres grading 1.13 g/t gold from down-hole depths of 92.0 meters and 121.9 meters respectively in #KBDD21386; and 7.6 meters grading 2.12 g/t gold, including 4.61 g/t gold over 2.0 meters, and 8.75 meters grading 1.03 g/t gold from down-hole depths of 101.0 meters and 125.25 meters respectively in #KBDD21390; 473.09 g/t gold over 0.5 meters (visible gold), immediately followed by 16.1 meters grading 0.51 g/t gold, from down-hole depth of 112.8 meters in #KBDD21388; with placement of mineralization along granitoid - metasediment contact highlighting potential for high-grade, contact-controlled, shear-type gold mineralization at Gatehouse, in addition to typical Kibi-type Granitoid-hosted gold mineralization; and 16.6 meters grading 0.96 g/t gold, including 3.47 g/t gold over 3.0 meters, from down-hole depth of 41 meters in #KBDD21380 at newly identified Lone Tree shear; with drill-fence tracing auriferous structure over 125 meter down-dip distance from surface.
James Longshore, President and CEO, said, "We are incredibly pleased with the continued success of our resource expansion drilling program at the Double 19 gold deposit. With just under 5,000 m of drilling we have extended the down-plunge length of the fold hinge gold shoot to almost 300 meters and established the continuity of the newly defined NW Limb gold mineralization over an approximately 160 meter segment of the fold structure and down to a vertical depth of 200 meters. We look forward to the further resource growth potential from the ongoing step-out drilling targeting the down-plunge extension of the Double 19 fold structure."