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Roscan Minerals Corp.
Summary
| Project: | Kandiole | |
|---|---|---|
| Deposit: | Kandiole | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 1/24/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-1-2019: Roscan Minerals Corp. announces an Exploration/Drilling Update report for its Kandiole deposit at the Kandiole project. Drilling results incl. 18.0m @ 8.47g/t Au from 26.0m. Toronto, January 24, 2019 – RosCan Gold Corporation (“RosCan” or the “ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Isenor (Internal) | |
| ABSTRACT: | Toronto, January 24, 2019 – RosCan Gold Corporation (“RosCan” or the “Company”) (TSX-V: ROS) is pleased to announce the positive assay results from its initial Air Core drilling program at its Kandiole Project in Mali, West Africa. This drilling program was completed during December 2018 and was designed to test strong termite and soil gold anomalies (see September 21, 2018 press release). Significant amounts of saprolite-hosted gold mineralization was discovered in each of the two areas that were tested with the best results returned from the Mankouke area (see location map and cross-section). A summary of significant results is presented in Table 1. COMMENTARY Greg Isenor, President and CEO of RosCan Gold stated that “this is an excellent new discovery with very good gold grades. The mineralized zone is open to depth and appears, from a limited amount of drilling, to extend to the next drill line located approximately 250 metres to the north, and hopefully beyond, along this large geochemical anomaly. We are extremely pleased that our approach to exploration in this area has again been successful. Additional drilling is part of an obvious next step.” This program is just starting, and we are encouraged by the indications that the apparent high-grade zone continues to depth. | |
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