An update from Xtract Resources ( (GB:XTR) ) is now available.
Xtract Resources has announced a successful reconnaissance phase in its exploration efforts in Northwest Zambia, leading to the initiation of a phase two exploration program. The company has identified copper anomalies across multiple licenses, confirming the potential for significant mineralization in the region. This development positions Xtract at the forefront of exploration in a largely under-explored copper district, with plans to commence further exploration activities after the rainy season, potentially enhancing its market position and offering promising opportunities for stakeholders.
More about Xtract Resources
Xtract Resources Plc is a company involved in the exploration and development of mineral resources. The company focuses on identifying and developing copper mineralization, primarily operating in the Western Foreland and Fold & Thrust Belt domains in Northwest Zambia.
Average Trading Volume: 796,920
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.28M
For an in-depth examination of XTR stock, go to TipRanks’ Stock Analysis page.