Mr. James Longshore reports
XTRA-GOLD REPORTS Q2 2026 FINANCIAL RESULTS AND CEO UPDATE
Xtra-Gold Resources Corp. has provided a summary of its unaudited financial results for the three-month period ended June 30, 2026:
- Total assets: $20,605,756 (U.S.), consisting primarily of cash, marketable securities and gold inventory (liquid assets);
- Zero debt;
- Total income from other items (Q2 (second quarter) 2026): $2,043,452 (U.S.);
- Net income after tax (Q2 2026): $1,201,182 (U.S.).
The full quarterly financial statements and management discussion and analysis (MD&A) are available on the company's website.
Chief executive officer commentary
James Longshore, CEO and co-founder, stated:
"For the first six months of the year, Xtra-Gold generated more than $2.4-million in net income, making us truly unique among gold exploration companies by generating our own 'cash flow model.' Our fleet of company-owned drill rigs are currently targeting several new high-grade gold shoots, with the goal to significantly expand our resource. The Kibi gold project continues to demonstrate strong potential to become the next multimillion-ounce gold discovery in Ghana."
About Xtra-Gold Resources Corp.
Xtra-Gold Resources is a gold exploration company with a substantial land position totalling 226 square kilometres in the Kibi gold belt of Ghana, West Africa. The Kibi gold belt is geologically similar and in close proximity to the world-renowned Ashanti gold belt, which hosts an estimated 130 million ounces of gold resources.
With an established land position, strong financial footing and experienced technical team, Xtra-Gold is strategically positioned to make the next major gold discovery in Ghana.
We seek Safe Harbor.
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