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2.020000 EUR
0.14
7.45%
Last update Mar 31, 12:12 PM CEST
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Day range
1.88000
2.020000
Previous close
1.88000
Open
1.88000
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Xtra-Gold Resources Corp.
2.02
0.14
7.45%

Overview

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Description

Xtra-Gold Resources Corp. is a gold exploration company with a principal focus on the Kibi Gold Belt in Ghana, West Africa. The company controls mineral rights to five significant concessions—Kwabeng, Pameng, Apapam, Muoso, and Banso—spanning approximately 226 square kilometers within this geologically promising region, which is known for its similarities to Ghana's Ashanti Gold Belt, home to substantial established gold reserves. Xtra-Gold's flagship development is the Kibi Gold Project, located on the Apapam Concession, where the company is conducting extensive drilling programs aimed at expanding its gold resource base. Notably, the company operates under a model that includes a contracted alluvial mining project with local partners, providing cash flow to fund ongoing exploration. Xtra-Gold Resources Corp. is positioned within the basic materials sector, specifically in metals and mining, with gold as its primary resource. Its activities are integral to the identification and development of new gold resources in West Africa, contributing to the broader gold mining industry and resource exploration landscape.

About

CEO
Mr. James Werth Longshore BA
Employees
0
Address
Monte Carlo #7
Paradise Island
Nassau
Phone
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Gold
Country
Germany
MIC code
XFRA
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