Xtract Resources (GB:XTR) has released an update.
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Xtract Resources plc expands its copper exploration efforts in Zambia and advances its Bushranger Copper-Gold Project in Australia, signaling growth and strategic divestment. The company has increased its landholdings in the copper-rich Western Foreland district and is preparing drill-ready targets while also announcing a joint venture in the historical Silverking Mine. Financially, despite a net loss, the company’s cash position has improved, and it plans to use proceeds from divesting its Manica project to fund further exploration.
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