Xtra-Gold Resources Corp. (XTGRF)

Overview

Xtra-Gold Resources Corp. is a gold exploration and development company with a focus on properties in West Africa. The cornerstone of its operations is the Kibi Gold project located in the Republic of Ghana, which is part of a region known for its rich gold deposits. Originally established as RetinaPharma International, Inc., the company underwent a significant transformation, adopting its current name in December 2003 to better reflect its focus on gold resources. Founded in 1998 and headquartered in Nassau, Bahamas, Xtra-Gold Resources has grown to position itself as a notable player in the gold mining sector. It operates as a subsidiary of Xtra-Gold Mining Limited, indicating a structured approach to its mining and exploration activities within the gold-rich geographic portfolios it manages.

Products and Services

• Gold Exploration - Xtra-Gold Resources Corp. is deeply engaged in the systematic search for gold deposits in West Africa. This involves geological surveys, mapping, soil sampling, and drilling to identify potentially viable gold resources. The exploration process is a critical first step in the value chain of gold production, determining the future sites for development and mining activities.
• Gold Mining Development - Beyond the initial exploration, the company is involved in developing the infrastructure and operational plans necessary to extract gold from identified sites. This includes the planning and construction of mine sites, processing facilities, and the implementation of environmental and safety measures to ensure sustainable operations. The development phase aims to convert the discovered gold deposits into productive mining operations that generate value.
• Kibi Gold Project - The flagship project for Xtra-Gold Resources Corp., this site embodies the company’s primary focus. Located in the Republic of Ghana, the Kibi Gold Project is at the forefront of Xtra-Gold’s exploration and development efforts. The project represents a significant investment in the region and showcases the company's commitment to tapping into West Africa’s gold mining potential. The Kibi Gold Project stands as a testament to the company’s strategic direction and its expertise in gold mining and development activities.