Xtra-Gold Resources Corp. reports news on its Ghana-focused gold exploration business, including work at the Kibi Gold Project in the Kibi Gold Belt. Company updates commonly cover drilling activity, additions to its company-owned diamond drill rig fleet, gold recovery operations, and financial results that include cash, marketable securities, gold inventory, income, and debt levels.
Recurring corporate developments also include normal course issuer bids, annual shareholder meeting results, board matters, and management discussion of exploration spending. The company trades in Canada under XTG and on the OTCQB under XTGRF.
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Xtra-Gold Resources Corp. (TSX:XTG, OTCQB:XTGRF) will present at the LD 500 Virtual Conference on September 3, 2020, at 9:00 AM PST. The conference runs from September 1-4, offering virtual one-on-one meetings with investors. CEO James Longshore will discuss operations in the Kibi Gold Belt, Ghana, highlighting ongoing expansion drilling with two diamond drill rigs. Notably, total assets surged to US$8,877,398 as of June 30, 2020, with zero debt and a net income of US$1,216,211 (USD 0.03 per share).