15 Oct Sunday Roast featuring Colin Bird, Executive Chairman of Xtract Resources and Shaun Day, CEO of Greatland Gold #XTR #GGP #GMET #CEL #MAST #CHLL #BRES #ATN #CGNR #BZT #AFP #KDR #RIO #GLR

Phil Carroll and Kevin Hornsby talk to Colin after Xtract Resources Plc, a gold production and exploration company with ventures in Australia, Mozambique, and Zambia, revealed its interim results for the six months ending 30 June 2023. Key updates include an optimistic mining study on the Bushranger project, highlighting potential substantial cash margins, a 52% grade uplift in a pre-concentration study using TOMRA’s advanced technology, and steady production from the Manica Fair Bride project with 140kg of gold produced in the quarter ending March 2023. Financially, the firm reported a revenue of £0.39m from gold sales, contrasting last year’s £0.97m, and a net profit of £0.62m, a significant improvement from last year’s £0.03m loss. New ventures include work on the Kakuyu project in Zambia, exploring two large surface anomalies, and a joint venture with Coopermelon Limited focusing on copper mineralisation in northwest Zambia with a planned exploration expenditure of US$2 million.