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Roscan Gold Corp.
Summary
| Project: | Kandiole | |
|---|---|---|
| Deposit: | Kandiole | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 8/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-8-2019: Roscan Gold Corp. announces an Exploration/Drilling Update report for its Kandiole deposit at the Kandiole project. Drilling results incl. 8.0m @ 7.59g/t Au from 24.0m. Halifax, Nova Scotia--(Newsfile Corp. - August 16, 2019) - Roscan Gold Corp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Isenor (Internal) | |
| ABSTRACT: | Halifax, Nova Scotia--(Newsfile Corp. - August 16, 2019) - Roscan Gold Corporation (TSXV: ROS) ("Roscan" or the "Company") is pleased to announce further positive new assay results (shown as highlighted in yellow on Figure 2) from both its Diamond Core (DD) and Air Core (AC) Drilling programs at its Kandiole Project in Mali, West Africa. This drilling program was completed during April to July of 2019 and was designed to test both the north and south extensions of the Mankouke gold discovery zone and also test many other strong termite and soil gold anomalies that occur on the land package. The Mankouke gold discovery has been shown by detailed drilling to have a strike length to date of at least 600 metres. In addition, the recent very impressive AC drilling assay results at the southern end of the Mankouke permit, as shown on both the plan in Figure 1 and on the section in Figure 3, indicates a 7-kilometer-long exploration corridor at Mankouke. This area will be a priority drilling target for the next exploration program. Greg Isenor, President and CEO of RoscanGold stated "We are continuing to showthat we have an excellent newgold discovery at Mankouke that appears to have both strike and depth continuity. Our land package has great potential and we are extremely encouraged by the hits we are seeing on the outside termite gold targets. There are many AC assays yet to be released and these will be available in the coming weeks. We are extremely pleased our approach to exploration in this area has been successful. It is "early days" and additional drilling is part of an obvious next step and extensive followup drilling is required. The drilling around the Mankouke discovery shows that a strong mineralizing system exists and is "alive". This is not supergene mineralization. The drilling season is over for a fewmonths; however, deep holes are planned when we return to drilling after the rain season. We have the funds to continue drilling after the seasonal rains. In addition, the excellent AC results, including 5.86 g/t gold over 26 metres and 3.74 g/t gold over 30 metres, we received in the south of the Mankouke permit (see fig 1 and fig 3) will be followed up as soon as possible." | |
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