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Xtract extends Manica life

Xtract Resources has updated the economics on its recently purchased Manica gold project for a longer life underground operation in Mozambique ahead of the release of a full feasibility study expected by the end of June.

Xtract extends Manica life Xtract extends Manica life Xtract extends Manica life Xtract extends Manica life Xtract extends Manica life

Manica lies about 270km west-northwest of the city of Biera in Mozambique

The company completed the acquisition of the asset on March 1, having paid Auroch Minerals US$3 million in cash and $4.4 million worth of shares.

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