The board of Xtract Resources Plc announce that the company has recommenced the Phase One drilling programme at the Racecourse Mineral Resource on the Bushranger copper-gold exploration project located in the Lachlan Fold Belt ("LFB"), New South Wales, Australia. On 22 December 2020, the company announced that the drilling programme had been temporarily halted at a depth of 213.1m in mineralization. The drilling will now continue from the current depth in order to define the total depth and continuity of the porphyry.