Xtra-Gold Commissions Initial Resource Estimate on Zone 2 of its Kibi Gold Project in Ghana

Xtra-Gold Resources (OTCBB: XTGR; TSX: XTG) has commissioned SEMS Exploration Services Ltd. of Accra, Ghana to prepare an initial NI 43-101 – compliant mineral resource estimate on the Big Bend and East Dyke gold zones located within Zone 2 of the Company’s wholly-owned Kibi Gold Project, located in the Kibi – Winneba greenstone belt in Ghana, West Africa.  This will constitute the first ever mineral resource estimate generated on a gold project within the underexplored Kibi Greenstone Belt. 

The Company is also pleased to report that its 2012 diamond drilling campaign is well underway with a total of 31 holes completed to date for a total of 6,654 m of core. The present drilling is designed to further delineate/infill the Big Bend Zone – Central Granitoid and the South Ridge Granitoid Zone; as well as further test/delineate other prominent gold systems and geophysical/geochemical anomalies along the approximately 5.5 km NE–trending Kibi Gold Trend.

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