Share Talk Ltd

The Board of Xtract Resources Plc ("Xtract" or the "Company") is pleased to provide a further update on the Phase One diamond drilling programme at the Racecourse Mineral Resource on the Bushranger copper-gold exploration project located in the Lachlan Fold Belt ("LFB"), New South Wales, Australia. Highlights · Drilling of the first hole, BRDD-20-001, of the Phase One Drilling Programme at the Racecourse Mineral Resource on the Bushranger Project, has been completed down the plunge of the deposit at 1,147m depth. · Well-developed copper mineralisation and potassic alteration was noted from 110m to beyond 1,050m depth, becoming weaker thereafter. · Given the substantial down-plunge dimension of the deposit as shown by the first hole, at least a further four holes of about 700m length each are planned across the deposit to test the width and grade. · The drill rig is now being moved to drill the first of these follow-up holes. Colin Bird, Executive Chairman said: "We are very pleased with t