The Board of Xtract Resources Plc ("Xtract" or the "Company") provides an update on progress of the Phase One diamond drilling programme at the Racecourse Mineral Resource on the Bushranger porphyry copper-gold exploration project located in the Lachlan Fold Belt ("LFB"), New South Wales, Australia.

Colin Bird, Executive Chairman said: "We completed the third hole of the Bushranger programme and commenced the fourth hole from the same pad. After further modelling based on the outcome of hole BRDD-21-003, we decided to re-position the hole to obtain a better intersection angle across the deposit. This hole, being 120m down plunge of BRDD-21-003, has encountered traces of copper mineralisation at shallow depths well above the target zone." 

https://www.share-talk.com/colin-bird-executive-chairman-xtract-resources-plc-xtr-l-interview-10/