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Xtract Resources, the diversified metals and minerals producer based in London, has announced a year-on-year revenue from gold sales jump of £0.38 million in its audited annual financial results for the year ending 31 December 2020.
It also reported a cash increase of £0.56 million (£0.92 million) compared to 2019 (£0.36 million). T he company drew attention to several highlights this year, including the agreement of a conditional acquisition of a 100% interest in the Bushranger Copper-Gold Project in New South Wales, Australia.
Net assets grew from £10.78 million in 2019 to £11.93 million in 2020.