Xtract Resources - Re: XTR Stream Log - MEASURED 85 kilotonnes , 4.0...

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16:49 16/06/2015

MEASURED 85 kilotonnes , 4.0 g/ton Gold, 9.4 g/ton Silver, 0,50% Copper. INDICATED: 93 kilotonnes, 4.2 g/t Gold, 9.5 g/t Silver, 0,52% Copper. INFERRED 41 kilotonnes, 4.0 g/t Gold, 8.7 g/t Silver, 0,52% Copper Resource classification has been reported at a cut-off of 1.3 g/t Gold, not capped. A resource cut-off of 1.3 g/t Gold was based on experience with the mill on site at Chépica and other operations in the region, and the Company considers that 1.3 g/t is an appropriate indication of commercial viability. Estimation was based on 50 of 66 drill holes corresponding to 5.299 metres of diamond core drilling, together with 17 underground channel samples and two trench samples totalling 92,5 metres in length. The resources were estimated by Ordinary Kriging using block model sizes of 2.5 by 2.5 by 5 metres. Qualified Person: Mr Terence Walker, M.Sc, P.Geo; Mr. Walker has reviewed the contents of this news release. It looks like we will be going a long way at Chépica's exciting site!

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