Xtra-Gold Resources publishes Q1 2026 MD&A report for three months ended March 31, 2026

  • Xtra-Gold Resources published MD&A for three months ended March 31, 2026, reporting net income of USD 1.21 million, down from USD 1.41 million year earlier.
  • Placer operations produced 629 oz of raw gold; sold 928 fine oz at average USD 4,380/oz for net proceeds of USD 1.64 million, versus 1,295 fine oz at USD 2,665/oz for USD 1.77 million year earlier.
  • Cash on hand excluding restricted cash rose to USD 12 million at quarter-end from USD 10.5 million at Dec. 31, 2025; liabilities increased to USD 1.7 million from USD 1.5 million, driven mainly by income tax accrual.
  • Operations generated USD 2.23 million cash flow; investing used USD 586,337, including USD 1.47 million investment purchases offset by USD 975,889 sales, plus USD 92,811 for a dozer.
  • Exploration at Kibi completed 15 diamond drill holes totaling 2,707 m, focused on Zone 4 targets; fiscal 2026 operating plan budgeted at about USD 3 million, including USD 1.5 million for drilling.


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