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Roxgold Inc.
Summary
| Project: | Seguela | |
|---|---|---|
| Deposit: | Ancien | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 4/29/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-4-2020: Roxgold Inc. announces an Exploration/Drilling Update report for its Ancien deposit at the Seguela project. Drilling results incl. 10m @ 59.4g/t Au from 207m. “These latest results from the Ancien deposit continue to highlight the exceptional g | |
| Resources: | ||
| CP/QP: | [Overall Report]: Paul Weedon (Internal) | |
| ABSTRACT: | “These latest results from the Ancien deposit continue to highlight the exceptional growth potential of the Séguéla Gold Project,” stated John Dorward, President and Chief Executive Officer. “Since the cut-off date for drilling that was incorporated into the PEA resource estimate, we have continued to delineate additional high-grade mineralization along strike and at depth at Ancien and the other satellite deposits. Additionally, infill drilling at Ancien and Agouti is anticipated to have converted a portion of the in-pit material, previously categorized as waste, into mineralized material. We expect this to result in resource growth from these primary deposits which will add meaningful ounces for inclusion into the Feasibility study early in 2021. Meanwhile, as the Feasibility process continues, we are continuing to test the extensions of the Ancien, Agouti and Boulder deposits and expect to commence initial work on the additional untested 21 targets on the property later in the year.” Paul Weedon, Vice President, Exploration commented “These drilling results continue to reinforce the resource upside at Ancien and the excellent results released last week. Hole SGRD705, which returned 10 metres at 59.4 g/t, supports the significant amount of visible gold seen during the logging process and highlights the strength of the high-grade shoot below the pit base used in the PEA. | |
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