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Roxgold Inc.
Summary
| Project: | Seguela | |
|---|---|---|
| Deposit: | Ancien | |
| Location: | Ivory Coast | |
| Commodities: | Gold | |
| Date: | 6/26/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-6-2020: Roxgold Inc. announces an Exploration/Drilling Update report for its Ancien deposit at the Seguela project. Drilling results incl. 20m @ 28.0g/t Au from 28m. “We continue to see the growth potential of the Séguéla Project through the efforts of | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Paul Weedon (Internal) | |
| ABSTRACT: | “We continue to see the growth potential of the Séguéla Project through the efforts of our exploration team,” stated John Dorward, President and Chief Executive Officer. “The continuing high grade results from infill and extension drilling at Ancien further underpin the excellent Preliminary Economic Assessment results released recently and are expected to add meaningful ounces for inclusion into the Feasibility study early in 2021. With four rigs currently turning, I am confident that we will continue to unearth further upside from the existing four deposits as well as near-term targets on the property which are yet to be tested.” Paul Weedon, Vice President Exploration commented “The first two results from this 6 hole infill program infilling of the high grade shoot are very encouraging and correlate well to the high levels of visible gold seen in the samples. Designed to confirm geostatistical support for the very high grade and continuous nature of the Ancien mineralized shoot, I am eagerly anticipating the remaining results. Also, the latest extension drilling results continue to highlight the resource upside at Ancien and follow on from the recent excellent results released on April 29th which included 10m at 59.4 g/t from SGRD705 and which is outside of the conceptual shell used for the PEA. These new results have extended the strike extent at depth by an additional 50m to the south where it remains open, while the 7m at 28.8 g/t in SGRD725 emphasises the emerging high grade potential of the hangingwall shoot, which also remains open along strike.” | |
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