{"id":53177,"date":"2025-10-28T19:30:26","date_gmt":"2025-10-28T14:00:26","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2025\/10\/28\/xtra-gold-reports-q3-2025-financial-results-and-ceo-update\/"},"modified":"2025-10-28T19:30:26","modified_gmt":"2025-10-28T14:00:26","slug":"xtra-gold-reports-q3-2025-financial-results-and-ceo-update","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2025\/10\/28\/xtra-gold-reports-q3-2025-financial-results-and-ceo-update\/","title":{"rendered":"Xtra-Gold Reports Q3 2025 Financial Results and CEO Update"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/api.newsfilecorp.com\/newsinfo\/272215\/511\" width=\"2\" height=\"2\"><\/p>\n<p>Toronto, Ontario&#8211;(Newsfile Corp. &#8211; October 28, 2025) &#8211; Xtra-Gold Resources Corp. <b>(TSX:\u00a0XTG) (OTCQB:\u00a0XTGRF)<\/b> (&#8220;<b>Xtra-Gold<\/b>&#8221; or the &#8220;<b>Company<\/b>&#8220;)\u00a0is pleased to provide a summary of its unaudited financial results for the three-month period ended <b>September 30, 2025<\/b>:<\/p>\n<ul>\n<li><b>Total Assets:<\/b> US$19,332,270, comprised primarily of cash, marketable securities, and gold inventory (&#8220;<b>Liquid Assets<\/b>&#8220;);<\/li>\n<li><b>Zero Debt<\/b>;<\/li>\n<li><b>Total Income from Other Items (Q3 2025):<\/b> US$3,259,554; and<\/li>\n<li><b>Net Income after tax (Q3 2025):<\/b> US$2,269,119.<\/li>\n<\/ul>\n<p>The full Quarterly Financial Statements and Management Discussion &amp; Analysis (&#8220;MD&amp;A&#8221;) are available on the Company&#8217;s website at <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/N3RpYunJb7\"><b>www.xtragold.com<\/b><\/a>.<\/p>\n<p><b>CEO Commentary<\/b><\/p>\n<p>James Longshore, CEO and Co-Founder, stated:<\/p>\n<p>&#8220;Xtra-Gold has significantly strengthened its balance sheet, benefiting from the increase in gold prices. For the first nine months of 2025, the Company generated Total Income for Other Items of <b>US$7,111,606<\/b>, driven largely by sales of 3,391 ounces of fine gold from our gold recovery operations at an average price of US$3,168 per ounce. All exploration activities have been fully funded and expensed, including the operation of three company-owned diamond drill rigs. Our exploration team continues to aggressively expand our resource &#8220;footprint&#8221;, with multiple new potential gold &#8216;shoots&#8217; discovered near our existing resource. With our current discovery cost estimated at <b>approximately US$10 per ounce of gold in the ground<\/b>, Xtra-Gold ranks among the lowest-cost operators in the exploration sector.&#8221;<\/p>\n<p><b>About Xtra-Gold Resources Corp.<\/b><\/p>\n<p>Xtra-Gold Resources Corp. is a gold exploration company with a substantial land position totaling <b>226 square kilometers<\/b> in the <b>Kibi Gold Belt<\/b> of Ghana, West Africa. The Kibi Gold Belt is geologically similar and in close proximity to the world-renowned <b>Ashanti Gold Belt<\/b>, which hosts an estimated <b>130 million ounces<\/b> of gold resources.<\/p>\n<p>With an established land position, strong financial footing, and experienced technical team, Xtra-Gold is strategically positioned to make the <b>next major gold discovery in Ghana<\/b>.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>The TSX does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain &#8220;forward-looking statements&#8221;. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet   management&#8217;s expectations.   Forward- looking statements include estimates and statements that describe the Company&#8217;s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur.    Forward-looking statements may be identified by such terms as &#8220;believes&#8221;, &#8220;anticipates&#8221;, &#8220;expects&#8221;, &#8220;estimates&#8221;, &#8220;may&#8221;, &#8220;could&#8221;, &#8220;would&#8221;, &#8220;will&#8221;, or &#8220;plan&#8221;. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and  capital  costs  of  the  Company&#8217;s mineral  properties, and  the Company&#8217;s  financial  condition  and  prospects,  could  differ  materially  from  those  currently anticipated  in  such  statements  for  many  reasons  such  as:  changes  in  general  economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation,  legislative,  environmental  and  other  judicial,  regulatory,  political  and  competitive developments; technological and operational  difficulties  encountered  in  connection  with  the activities  of  the Company; and other matters discussed in this news release.   This list is not exhaustive of the factors that may affect any of the Company&#8217;s forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company&#8217;s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.<\/p>\n<div>\n<p><b>Contact Information<\/b><\/p>\n<p>For further information please contact:<\/p>\n<p>James Longshore<br \/>Chief Executive Officer<br \/>Tel.: 242-363-3864<br \/>E-mail: <a href=\"mailto:info@xtragold.com\">info@xtragold.com<\/a><br \/>Website: <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/XEA4MtKyj2\">www.xtragold.com<\/a><\/p>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/images.newsfilecorp.com\/files\/1445\/272215_55d216809468ebd3_logo.jpg\" alt=\"Corporate Logo\"><\/p>\n<p>To view the source version of this press release, please visit <a href=\"https:\/\/api.newsfilecorp.com\/redirect\/DO7mkfz2eE\">https:\/\/www.newsfilecorp.com\/release\/272215<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toronto, Ontario&#8211;(Newsfile Corp. &#8211; October 28, 2025) &#8211; Xtra-Gold Resources Corp. (TSX:\u00a0XTG) (OTCQB:\u00a0XTGRF) (&#8220;Xtra-Gold&#8221; or the &#8220;Company&#8220;)\u00a0is pleased to provide a summary of its unaudited financial results for the three-month period ended September 30, 2025: Total Assets: US$19,332,270, comprised primarily of cash, marketable securities, and gold inventory (&#8220;Liquid Assets&#8220;); Zero Debt; Total Income from Other &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[130],"tags":[],"class_list":["post-53177","post","type-post","status-publish","format-standard","","category-international"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Xtra-Gold Reports Q3 2025 Financial Results and CEO Update - Matribhumi Samachar English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2025\/10\/28\/xtra-gold-reports-q3-2025-financial-results-and-ceo-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xtra-Gold Reports Q3 2025 Financial Results and CEO Update - Matribhumi Samachar English\" \/>\n<meta property=\"og:description\" content=\"Toronto, Ontario&#8211;(Newsfile Corp. &#8211; October 28, 2025) &#8211; Xtra-Gold Resources Corp. 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