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Commencement of Geophysical Surveying at Bushranger Copper-Gold Project The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to provide an update on exploration work at the Racecourse Mineral Resource on the Bushranger copper-gold exploration project, located in the Lachlan Fold Belt (“LFB”) of New South Wales, Australia. Highlights · Following the initial positive results of the Phase One drilling programme, a geophysical crew has been mobilised to the Racecourse site to commence a deep penetrating Induced Polarisation (IP) survey · The survey will track extensions of the Racecourse deposit potentially beyond 1,000m depth down plunge and along strike where little historic drilling has been completed · The information obtained will assist in planning a Phase Two drilling programme to further extend the mineral resource towards the target of 2Mt of contained copper equivalent · Drilling on the final hole (BRDD-21-006) of the Phase One drilling programme at Racecourse is