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Roxgold Inc.
Summary
| Project: | Seguela | |
|---|---|---|
| Deposit: | Seguela | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 1/16/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-1-2020: Roxgold Inc. announces an Exploration/Drilling Update report for its Seguela deposit at the Seguela project. Drilling results incl. 42m @ 16.97g/t Au from 133m. Toronto, Ontario – January 16, 2020 - Roxgold Inc. (“Roxgold” or the “Company”) (TS | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Weedon (Internal) | |
| ABSTRACT: | Toronto, Ontario – January 16, 2020 - Roxgold Inc. (“Roxgold” or the “Company”) (TSX: ROXG) (OTCQX: ROGFF) is pleased to announce updated drilling results from the Company’s Séguéla gold project (“Séguéla”) located in Côte d’Ivoire. “We are very encouraged by the latest Séguéla assay results which illustrate the upside potential of this project.” stated John Dorward, President and Chief Executive Officer. “The Ancien target continues to return high grade intersections across significant widths while showing real indications of down-plunge potential, while the Boulder target demonstrates the near-surface potential of several of the satellite targets surrounding the original Antenna deposit. We have four rigs currently working at Séguéla and we are eagerly anticipating further results over the coming months. Meanwhile, we look forward to providing an updated resource later this month, which will include the latest drill results from Ancien, Boulder, Agouti, and Antenna – with a PEA to follow in early second quarter this year. “ Paul Weedon, Vice President Exploration commented “These latest outstanding high grade results from Ancien after the excellent initial results in December have extended the high grade a further 60m down plunge where it remains open and starts to build out the potential of Ancien as a high value addition to the Séguéla project. We are excited to see this high grade project emerge in such a short period. We are continuing to drill Ancien and look forward to the results over the coming weeks from additional step-out drilling down plunge and along strike. Meanwhile, work at Boulder has continued to delineate several higher grade zones and improve the understanding of the key controls to the mineralization as we continue to develop the Boulder – Agouti corridor”. | |
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