Announcement Date: 2022-01-10
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Roscan Gold Corp.
Project name: Kandiole
Location: Mali
Commodities: Gold
Highlight: Drilling results incl. 8m @ 16.01g/t Au from 54m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario. – January 10, 2022 – Roscan Gold Corporation (“Roscan” or the “Company”) (TSX‐V: ROS; FSE:2OJ; OTCQB:RCGCF) is pleased to announce positive results (Figure 1) from an additional 2 Air Core (AC) and 14 Reverse Circulation (“RC”) and Diamond Drilling (“DD”) holes totaling 2,456 meters (m) at our Southern Mankouke Zone (MS3 targets). MS3 shows potential of a high‐grade extension to the East and South, open at depth and to the North and South. We have also begun to receive assay results from the 9,000m RC and 2,500m DD drill campaign on the Mankouke South (MS1) and Kandiole resourcestargets, which was concluded the end of December 2021 with those results pending assays. These results are in addition to the outstanding pre‐rainy season results, which have identified new anomalous targets coincident with our completed interpretation of the Versatile Time‐domain Electromagnetic System (“VTEM”) geophysicalsurvey. Such interpretation pointsto the expansion of our previously known regional footprint and potential for significant resource growth beyond the current footprint of existing discoveries.
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