Appears remaining stored gold at Manica from previous quarters has been sold in Dubai with further gold sales also going that way for higher prices than if sold locally . With Xtract Resources sub contractor Sino 2 operation in fine weather for a while now throughput targets should be easily met and exceeded . As for the direction towards the Chicken farm with less over burden and higher gold grades that’s a positive thing too .
With Omnia due to process hard rock from Guy Fawks in their nearby prospect using their hard rock plant we may even get an update same time as Q2 2019 alluvial profits for XTR are announced ( mid July ) . Wouldn’t surprise me since it’s deemed as processing low hanging fruit , high grade specific areas of the 1,350m long and 120m deep deposit .
With gold intercepts of …
2m at 11.15g/T Au
1m at 21.96g/T (GFR03)
3m at 2.35g/T (GFR04)
It’s an area mapped that can be cherry picked to a degree dependant upon Mr.Colin Bird obviously but known low hanging fruit and it’s where abouts a huge catalyst for Omnia . With Omnia having built their hard rock plant without hard rock on their prospect to process I’m sure ever effort to get this low hanging from Guy Falks to Omnia’s prospect for processing will happen asap .
Aye , Xtract Resources looking comfortable with revenue streams in Gold increasing in quantity as well as value . With world trade disputes , disagreements with Iran - USA - China , EU , etc … may even see US$1,700 /oz before year end