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Xtract Resources Reports Progress in Zambia and Morocco Amid Interim Loss

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Xtract Resources Reports Progress in Zambia and Morocco Amid Interim Loss

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Xtract Resources ( (GB:XTR) ) has shared an update.

Xtract Resources Plc announced its unaudited interim results for the first half of 2025, highlighting significant progress at its Silverking Cu-Ag project in Zambia, where a Phase 1 drill program has tripled the known surface expression of high-grade mineralization. The company is also advancing its exploration efforts in Morocco with the acquisition of Wildstone SARL, aiming to develop a small-scale antinomy operation. Despite a net loss of £1.17m, Xtract continues to focus on expanding its land position and identifying future copper operations, leveraging funds from the sale of its interest in the Manica Gold Mine.

More about Xtract Resources

Xtract Resources Plc is an exploration and development company with projects in Zambia, Morocco, and Australia. The company focuses on the exploration of copper, silver, and antinomy, with a strategic emphasis on expanding its operations in central and northern Africa.

Average Trading Volume: 889,905

Technical Sentiment Signal: Hold

Current Market Cap: £8.26M

Learn more about XTR stock on TipRanks’ Stock Analysis page.

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