Highlights 

  • Xtra-Gold releases initial 3D inversion results from its drone-borne magnetic survey at Cobra Creek. 
  • High-resolution data identifies over 1 km of high-susceptibility trends linked to known gold mineralization. 
  • A new untested target southeast of Cobra Creek shows the same magnetic signature as existing high-grade zones. 
  • Remanent magnetization modeling reveals extensive deformation zones that may host new mineralized structures. 
  • Results position Cobra Creek as a leading expansion opportunity within the Kibi Gold Project. 

Xtra-Gold Resources Corp. (TSX:XTG) has released initial 3D inversion modelling results from its newly completed drone-borne magnetic survey at the Cobra Creek Gold Corridor, part of its fully owned Kibi Gold Project in Ghana’s Kibi-Winneba greenstone belt. The survey, covering approximately 650 line-km across 25 km², was designed to map the geometry of the quartz feldspar porphyry unit that hosts the corridor’s high-grade gold mineralization. 

The resulting high-resolution data produced a clear magnetic susceptibility contrast between the QFP body and surrounding metasedimentary rocks. This clarity allows Xtra-Gold to refine its interpretation of the structure’s shape, continuity, and potential dilation zones—features that often localize gold deposits. 

Key Modelling Insights: New Targets and Confirmed Trends 

The 3D magnetic inversion successfully delineated more than 1 km of high-susceptibility trends that align with known high-grade shear zone outcrops at Cobra Creek. This reinforces the accuracy of the modelling techniques used and increases confidence in their application for future exploration. 

A major highlight is the identification of a new, untested high-susceptibility target southeast of the Cobra Creek trend. This target, roughly 350 m long, carries the same magnetic signature as the high-grade zone already defined by drilling. Additionally, remanent magnetization modelling uncovered large lobes of demagnetized rock on either side of the shear system—interpreted as zones of structural deformation or alteration, both highly prospective indicators for gold mineralization. 

Xtra-Gold's ongoing 3D litho-structural modelling is expected to produce refined drill targets aimed at expanding the Cobra Creek footprint. 

Cobra Creek’s Growing Exploration Potential 

Cobra Creek is a multi-structure, QFP-hosted shear zone system extending roughly 850 m along strike and up to 550 m in width. Previous drilling in 2016 returned multiple high-grade shallow intercepts, including intervals such as 4.5 m at 10.9 g/t Au and 5.2 m at 9.51 g/t Au. 

With the new magnetic survey results, Xtra-Gold is now better equipped to advance this high-priority corridor. The system lies approximately 4 km southeast of the company’s Zones 1-3 mineral resource estimate, positioning Cobra Creek as a natural expansion target within the broader Kibi Gold Project. 

Conclusion 

The initial 3D inversion results from Xtra-Gold’s drone-borne magnetic survey mark an important step in advancing exploration at the Cobra Creek Gold Corridor. By confirming known mineralization trends and revealing promising new anomalies, the dataset provides a highly informative foundation for the next phases of modelling and drill targeting. With strong geological indicators and significant structural insights, the Cobra Creek zone continues to show meaningful growth potential within Xtra-Gold’s strategic development plans for the Kibi Gold Belt. 

Also read - Fortuna (TSX:FVI) Q3 Production Hits 72,462 Ounces Gold Equivalent