Xtract appoints mining contractor for Boa Esperanza deposit

Resource, development and mining company Xtract Resources’ wholly-owned Mozambican subsidiary Explorator has concluded an additional mining contractor agreement with Longhau Tianci Mining Company for the exploitation of the Boa Esperanza hard-rock gold deposit at its Manica mining concession in Mozambique.

Boa Esperanza is a steeply north-dipping archean greenstone belt orogenic gold deposit occurring within the 10-km-long west-northwest trending Mutamborico shear zone in western Mozambique.