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Xtract’s Nelson says more gold systems at Chepica a strong possibility

Published: 10:53 05 Aug 2015 EDT

The chief executive of Xtract Resources (LON:XTR), Jan Nelson, says the company could easily discover more gold systems at its Chepica mine in Chile after it confirming the find of a new reef system this week.

The latest find, Reef System B, follows the earlier discovery of a system that graded at 4.2 grams per tonne (g/t) over a 3.5 metre (m) width and may significantly extend the area’s mine life.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

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