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Roscan Gold Corp.
Summary
| Project: | Kandiole | |
|---|---|---|
| Deposit: | Kandiole | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 7/22/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-7-2019: Roscan Gold Corp. announces an Exploration/Drilling Update report for its Kandiole deposit at the Kandiole project. Drilling results incl. 26.0m @ 5.86g/t Au from 24.0m. Bedford, Nova Scotia--(Newsfile Corp. - July 22, 2019) - Roscan Gold Corpo | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Isenor (Internal) | |
| ABSTRACT: | Bedford, Nova Scotia--(Newsfile Corp. - July 22, 2019) - Roscan Gold Corporation (TSXV: ROS) ("Roscan" or the "Company") is pleased to announce the positive assay results from both its diamond drilling 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 many other strong termite and soil, gold anomalies. The Mankouke gold discovery has been shown, by detailed drilling, to have a strike length of at least 500 metres. In addition, the recent very impressive AC drilling assay results at the southern end of the Mankouke permit, as shown in Figure 1, supports the existence of a 7-kilometer long mineralization target corridor associated with the Mankouke discovery. 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 strike and depth continuity. Our land package has great potential and we are extremely encouraged by the hits we are seeing on the Mankouke permit. There are many assays yet to be received and these will be available in the coming weeks. We are extremely pleased our approach to exploration in this area has been successful. Additional drilling is part of an obvious next step. The drilling around the Mankouke discovery shows that a strong mineralization system exists and is" alive". This is not supergene mineralization. We have drilled 19 core holes and have received results for 11 and have significant assays in 8 of the 11 holes. We are waiting for results for both AC and DDH on the north extension of the trend. (See fig 2). Deeper holes are planned when we return to drilling after the rain season. The drilling season is over for a fewmonths, however many results yet to be received. We have the funds to continue drilling after the seasonal rains (July to October). In addition, the excellent AC results we received in the south of the Mankouke permit (see fig 1) will be followed up as soon as possible." | |
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