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Roxgold Inc.
Summary
| Project: | Seguela | |
|---|---|---|
| Deposit: | Seguela | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 7/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-7-2019: Roxgold Inc. announces an Exploration/Drilling Update report for its Seguela deposit at the Seguela project. Drilling results incl. 37m @ 5.2g/t Au from 29m. Toronto, Ontario – July 15, 2019 - Roxgold Inc. (“Roxgold” or the “Company”) (TSX: ROX | |
| Resources: | (Resource): 6.5Mt @ 2.4g/t Au (Ind.) and 0.4Mt @ 2.4g/t Au (Inf.) | |
| CP/QP: | [Overall Report]: Paul Weedon (Internal) | |
| ABSTRACT: | Toronto, Ontario – July 15, 2019 - Roxgold Inc. (“Roxgold” or the “Company”) (TSX: ROXG) (OTC: ROGFF) is pleased to announce drilling results from the Company’s Séguéla gold project located in Côte d’Ivoire and provide an exploration update from the Company’s Yaramoko Gold Mine located in Burkina Faso (“Yaramoko”). “The recent release of the maiden NI 43-101 Mineral Resource Estimate for the Antenna Deposit has highlighted the robust nature of the deposit and its potential amenability for open pit mining, while the preliminary results from Boulder demonstrate the potential for satellite pits along the main structures. This is the first of several prospects that will be drilled in the coming months, positioning the Company for further strong development,” stated John Dorward, President and CEO. “The high quality dataset acquired from Newcrest allowed us to fast track the maiden NI 43-101 Mineral Resource Estimate, including an Indicated Resource of 496,000 ounces for the Antenna deposit, while also allowing us to accelerate exploration at Boulder, Kwenko West and Agouti,” commented Paul Weedon, Vice President, Exploration. “Additional infill and extension drilling at Antenna subsequent to the completion of the maiden Mineral Resource Estimate is anticipated to add to the resource while results from Boulder highlight the potential of the satellite prospects. With work at Séguéla the priority in the second half of 2019, we will also commence exploration activities in the highly prospective regional permits following up on the extensive stream sediment and termite mound anomalies generated during previous early stage reconnaissance work.” | |
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