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Bushranger Copper/ Gold Project Drilling Programme Update The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to provide a further update on the Phase One 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. Drilling recommenced on 7 January 2021 after a short break over the Christmas – New Year holidays. Colin Bird, Executive Chairman said: “Following the customary short break over the Australian Christmas – New Year period, drilling of hole BRDD-20-001 at the Racecourse Mineral Resource on the Bushranger Project, recommenced on 7 January and drilling is proceeding at a very pleasing rate of 80-90m per 24 hours. The disseminated copper mineralisation, which commenced at a down hole depth of 110m, has continued to the current hole depth of 607m so we now have nearly 500m of mineralisation in this first drill hole which is very encouraging. The mineralisatio