Colin Bird, Executive Chairman of Xtract Resources (XTR.L) Interview.

Placing to fund accelerated Bushranger phase 2 drilling programme Total voting rights Highlights· Placing to raise £5,500,000 (before expenses)· Contracting 2 drill rigs for an accelerated six-month, 20,000 metre drilling programme at Bushranger· Planned recruitment of a quality exploration team and site expansion at Bushranger· Objective of drilling is a potential 2 million tonne copper targetBushranger Phase Two Drill Planning· The Company is currently modelling all of the results of the Phase One programme and integrating the results of the current geophysical programme· Contracting the hire of two drill rigs for drilling programmes for up to six months· Recruiting the necessary geologists for the drilling programmes· Increase in the drill core handling and storage capacity at site· Organising core store capability and own core cutting machinery and the logistics connected with speedy turnaround of raw datahttps://www.share-talk.com/colin-bird-executive-chairman-of-xtract-resources-xtr-l-interview-2/