https://www.miningweekly.com

Xtract receives approval to drill Bushranger project

2nd December 2020

By: Donna Slater

Features Managing Editor and Chief Photographer

     

Font size: - +

Brownfield mine developer Xtract Resources has received all required governmental approvals to proceed with its maiden Phase 1 drilling programme on the Bushranger copper/gold exploration project in the Lachlan Fold Belt (LFB), in New South Wales, Australia.

Xtract executive chairperson Colin Bird says that, with the completion of the acquisition of ProspectOre and the Bushranger copper/gold project, the company has moved to commence drilling as quickly as possible.

As such, the company plans to start drilling this week.

The Phase 1 drilling programme will comprise three diamond drill holes for a total of 2 290 m. These initial three drill holes have been designed to follow up on the results obtained by Anglo American Exploration Australia in 2014/15.

The objective of the drilling programme will be to continue to extend the highest-grade copper/gold intersections within the mineral resource to the north-west, beyond the limits of previous drilling, and to investigate the copper/gold zonation within the Racecourse deposit.

Providing encouraging results are received from the Phase 1 priority one drill holes, a further six holes will be drilled for an additional 3 995 m of Phase 2 drilling. 

Upon completion of drilling the Phase 1 and Phase 2 drill holes, it is anticipated that the Racecourse mineral resource will be re-estimated under Joint Ore Reserves Committee.

Xtract also owns gold and copper assets in Mozambique and Zambia.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

North Ridge Pumps
North Ridge Pumps

North Ridge Pumps is an independent manufacturer of pumps. We have a proven track record for product support and customer service throughout the...

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.042 0.691s - 110pq - 2rq
Subscribe Now