The company has made a gold discovery on its southern most property - the Apapam Concession. Xtra-Gold is conducting an extensive drill program with the goal of significantly increasing the mineral resource. The company has a strong treasury with $13 million plus in cash and liquid assets, with zero debt and has a contracted alluvial mining project with locals, that generates the majority of the funds for exploration activities.
Mr. Longshore has been with Xtra Gold since 2009 overseeing the mining project and exploration activities of the Company. James has more than 25+ years of business investment experience in resource companies.
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About Xtra-Gold Resources Corp.:
Xtra-Gold Resources Corp. (TSE:XTG) (OTCMKTS:XTGRF) is a gold exploration company with a substantial land position in the Kibi Gold Belt. The Kibi Gold Belt, which exhibits many similar geological features to Ghana’s main gold belt, the Ashanti Belt, has been the subject of very limited modern exploration activity targeting lode gold deposits as virtually all past gold mining activity and exploration efforts focused on the extensive alluvial gold occurrences in many river valleys throughout the Kibi area.
Xtra-Gold holds 5 Mining Leases totaling approximately 226 sq km (22,600 ha) at the northern extremity of the Kibi Gold Belt.
About The Ellis Martin Report:
The Ellis Martin Report (TEMR) is an internet based radio program showcasing potentially undervalued companies to an audience of potential retail investors and fund managers that comprise our listening audience. TEMR is broadcasted on the VoiceAmerica Business Channel and The Opportunity Radio Network. CEO and company interviews are paid for by those represented on the program.
Source:
Xtra-Gold Resources Corp. The Ellis Martin Report
Contact:
E: info@xtragold.com
T: (242) 363-3864
Office Manager: Kevin Coombes