Xtra-Gold receives results for 42 drill holes at Kibi

Executive Summary

• Xtra‑Gold reported assay results from 42 new diamond core holes (8,207.5 m) at the Kibi Gold Project, confirming extensive continuity of the Orange No. 5 multishoot gold system over ~750 m strike and down‑plunge to ~240 m vertical depth.
• Significant intercepts include 13.1 m @ 2.40 g/t Au (including 2.7 m @ 7.32 g/t) and a 16.7 m @ 0.89 g/t Au (incl. 1.7 m @ 5.27 g/t) step‑out hole, suggesting the system could extend >1 km in strike length.
• Lone Tree shear target also expanded to ~600 m strike with notable intercepts such as 12.0 m @ 1.70 g/t Au (incl. 1.5 m @ 9.96 g/t) and 20.0 m @ 1.02 g/t Au (incl. 5.1 m @ 2.30 g/t).

Key Details

• Drilling Program: 42 diamond core holes, total 8,207.5 m drilled Jan–Jul 2025; 22 holes (5,181 m) on Orange No. 5, 10 holes (1,882 m) on Lone Tree, 10 scout holes (1,144.5 m) on other targets.
• Orange No. 5 (Zone 4) Highlights:
• KBDD25622 – 13.1 m @ 2.40 g/t Au (incl. 2.7 m @ 7.32 g/t) from 129 m; 16.2 m @ 0.61 g/t Au from 173.8 m.
• KBDD25609 – 22.5 m @ 0.79 g/t Au (incl. 1.5 m @ 4.78 g/t) from 98 m; additional 8.0 m @ 0.65 g/t Au and 7.5 m @ 0.71 g/t Au.
• KBDD25637 – 6.0 m @ 1.17 g/t Au from 156 m; 32.0 m @ 0.72 g/t Au (incl. 9.0 m @ 1.36 g/t) from 172 m.
• KBDD25616 – 28.0 m @ 0.60 g/t Au (incl. 12.0 m @ 1.16 g/t) from 205 m.
• KBDD25625 – 10.0 m @ 1.24 g/t Au (incl. 1.0 m @ 9.62 g/t) from 269 m.
• KBDD25632 – 19.0 m @ 0.79 g/t Au (incl. 4.0 m @ 2.09 g/t) from 271 m (down‑plunge ~240 m vertical).
• KBDD25642 – 16.7 m @ 0.89 g/t Au (incl. 1.7 m @ 5.27 g/t) from 77 m; 350 m step‑out SW, potentially extending strike >1,100 m.
• Lone Tree (Zone 1) Highlights:
• KBDD25606 – 12.0 m @ 1.70 g/t Au (incl. 1.5 m @ 9.96 g/t) from 38 m.
• KBDD25617 – 31.0 m @ 0.65 g/t Au (incl. 1.0 m @ 3.00 g/t, 7.0 m @ 1.40 g/t) from 89 m.
• KBDD25639 – 20.0 m @ 1.02 g/t Au (incl. 5.1 m @ 2.30 g/t) from 163 m.
• KBDD25605 – 10.0 m @ 0.95 g/t Au (incl. 1.0 m @ 4.60 g/t) from 166 m.
• KBDD25615 – 1.0 m @ 2.73 g/t Au from 227 m.
• Overall Impact: 19 of 22 Orange No. 5 holes and 8 of 10 Lone Tree holes returned significant gold intercepts; scout holes did not yield material mineralization. Total program to date: 91 holes, 18,889.5 m drilled since April 2024.
• Technical Context: VTEM/TMI modelling indicates Orange No. 5 lies near a folded second‑order syncline; Lone Tree occupies a mesoscale fold hinge within an F2 anti‑clinorium structure.
• QA/QC: Qualified Person – Yves P. Clement, P.Geo., VP Exploration (NI 43‑101). Samples fire‑assayed with AA finish at ISO 17025 accredited Intertek Minerals Ltd.

Notable Quotes

“These latest drill results fully demonstrate the scale and continuity of the multishoot Orange No. 5 gold system… The multiple, localized, high‑grade gold hits are also highly encouraging…” – James Longshore, President & CEO.