London-listed Xtract Resources has progressed well with the first of three holes in a Phase 1 drilling programme at the Racecourse deposit on the Bushranger copper/gold exploration project, in the Lachlan Fold Belt of Australia.
The company says drilling has progressed to a depth of 975 m in the first hole, which picked up copper mineralisation at a depth of 110 m and continuously to the current depth.
