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Xtract Resources Reports Promising Drilling Results at Silverking Project

Story Highlights
  • Xtract Resources focuses on mineral exploration, notably the Silverking copper mine in Zambia.
  • Recent assays show high-grade copper and silver, extending mineralization and potential output.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Xtract Resources ( (GB:XTR) ) just unveiled an announcement.

Xtract Resources Plc has announced promising assay results from its Silverking Project in Zambia, revealing high-grade copper and silver intercepts. The company has extended the strike length of the mineralized trend to over 160 meters and is expanding metallurgical test work to potentially increase copper output, which could significantly impact production and stakeholder value.

More about Xtract Resources

Xtract Resources Plc operates in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is involved in a joint venture with Oval Mining Limited to develop the Silverking copper mine in Zambia, aiming to earn a significant interest in the project.

YTD Price Performance: 100.0%

Average Trading Volume: 2,600,012

Technical Sentiment Signal: Hold

Current Market Cap: £8.56M

Find detailed analytics on XTR stock on TipRanks’ Stock Analysis page.

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