Xtract Resources (GB:XTR) has released an update.
Xtract Resources Plc has released its audited financial results for the year ending 31 December 2023, highlighting strategic advancements including the disposal of its Manica gold project and the acquisition of high-potential copper exploration licenses in Zambia. The company reported an increase in net assets and other operating income, coupled with a reduction in administrative expenses. Xtract is actively exploring for significant copper deposits in Zambia, with promising areas targeted for drilling commencing in the third quarter of 2024, and has revealed positive mining study results for their Bushranger project in Australia.
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