The Board of Xtract Resources Plc ("Xtract" or the "Company") is pleased to provide an update regarding the ongoing Racecourse prospect Phase 2 drilling programme, with the completion of drill holes BRDD-21-022 and BRDD-21-023. Drillhole BRDD-21-022 was drilled from the NE side of the deposit, successfully intersecting the high-grade "crown" at shallow depth and testing the down-plunge extent of the eastern limb of the deposit. Based on preliminary logging, the hole was mineralised throughout a lengthy interval of 731m, including three zones of more intense mineralisation? Drillhole BRDD-21-023 tested the along-strike continuation of mineralisation intersected in drillholes BRDD-21-018 & BRDD-21-020 towards the NW of the deposit. The new hole intersected a 152m interval of variable copper mineralisation, confirming the extension of the deposit beyond the limit of the current Inferred Mineral Resource. Drill hole BRDD-21-022 was drilled at an inclination of -80 degrees towards the WSW and completed at a final depth of 810.7m. Drilled from the same drill-pad as hole BRDD-21-017, it was the first of the Phase Two programme to be drilled in a south-westerly direction, and was designed to target the higher-grade "crown" at the top of the porphyry system as well as the down-plunge continuity of the eastern limb of the Racecourse deposit. The hole was very well mineralised throughout, having intersected the crown from 32m down hole depth and then continuing through the eastern limb of the mineralised body. The overall intersection of visible mineralisation was 731m, which included three zones of more intense mineralisation between 62m - 124m, 209m - 320m and 540m - 688m. The combined intensity and thickness of the copper mineralisation in hole BRDD-21-022 is very promising and offers the potential to expand the Racecourse Mineral Resource at depth. Hole BRDD-21-023 was drilled at an inclination of -50 degrees towards the NW from the same drill pad as hole BRDD-21-020. The hole completed at a depth of 868.5m and was designed to test the along strike-continuation of the mineralisation intersected in holes BRDD-21-018 & BRDD-21-020 further to the NW. Variable strength visible copper mineralisation was logged over a 152m down hole width from a depth of 482m, which included a 46m zone of stronger mineralisation from 536m downhole. This hole sits outside the limit of the current Inferred Mineral Resource and offers the potential to extend the Racecourse prospect Mineral Resource towards the NW.