Xtract Resources Reports Encouraging Drill Results from Silverking Copper-Silver Project in Zambia

PUBLISHED: May 02 2025 @ 02:54 | Comments (0) | More info about Fiona Craig

Xtract Resources Plc (LSE:XTR) has reported encouraging assay outcomes from its ongoing drilling program at the Silverking Project in Zambia, highlighting high-grade copper and silver mineralization. The company has successfully extended the strike length of the mineralized zone to more than 160 meters. In parallel, Xtract is advancing metallurgical testing aimed at optimizing copper recovery, which could enhance future production potential and create significant value for shareholders.

The Silverking Project is being developed in partnership with Oval Mining Limited, with Xtract working toward securing a substantial ownership stake through the joint venture. The latest results strengthen confidence in the project’s resource potential and represent a notable milestone in the company’s broader growth strategy in the Zambian copper belt.

Company Overview: Xtract Resources Plc

Xtract Resources is a mining exploration and development company focused on unlocking value in mineral-rich regions. Its current efforts center on the Silverking copper-silver project in Zambia, where it is leveraging a joint venture structure to expand its footprint in the region’s resource sector.

Year-to-Date Share Performance: +100.0%
Average Daily Trading Volume: 2,600,012 shares
Technical Sentiment Rating: Hold
Market Capitalization: £8.56 million

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