Xtra-Gold Resources Corp. (TSX:XTG)(TSX:XTG.S)(OTCBB:XTGR), has announced that Canadian based Geotech Airborne Limited, has commenced an integrated helicopter-borne geophysical survey covering the Kibi Gold Project mining lease and its four surrounding exploration concessions at the northern extremity of the Kibi Greenstone Belt in Ghana, West Africa.
The airborne Versatile Time-Domain Electromagnetic (VTEM), magnetic, and radiometric survey will encompass approximately 4,000 line-kilometers at 200 m line spacing, with approximately 490 line-kilometers of detail 100 m line spacing coverage over the core Kibi Gold Project mining lease area.
The VTEM system is renowned for its superior penetration depth of greater than 400 meters, low base frequency for enhanced penetration in conductive ground cover, and high spatial resolution which permits the spotting of drill targets directly off the airborne anomalies. The primary purpose of the VTEM survey will be to delineate auriferous graphitic or sulphidic shears but resistivity-depth data may also help further define and/or identify the granitoid bodies hosting the Kibi Gold Project mineralization. In addition to helping map lithological contacts, including the gold prospective granitoid bodies, the aeromagnetic survey will permit the detection of low-magnetic domains possibly reflecting demagnetization resulting from intense gold-related hydrothermal alteration. The radiometric survey may also help further define and/or identify the gold-hosting granitoid bodies.
The Company is also awaiting assay results on 24 diamond drill holes from a recently completed 5,000-meter drill program. Xtra-Gold's current 5,000 meter diamond drilling exploration program has been suspended for the year-end break and will recommence in January 2011.
Source: Xtra-Gold Resources Corp.