Announcement Date: 2022-02-08
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Roscan Gold Corp.
Project name: Kandiole
Location: Mali
Commodities: Gold
Highlight: Drilling results incl. 25m @ 2.04g/t Au from 100m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario. – February 8th, 2022 – Roscan Gold Corporation (“Roscan” or the “Company”) (TSXV: ROS; FSE:2OJ; OTCQB:RCGCF) is pleased to announce the positive drill results at Kandiole North (“KN1”). The mineralized envelope is expanding in size (Figure 2) as the Q4 drilling campaign demonstrated the gold mineralization extends both vertically and laterally. The Reverse Circulation (“RC”) drilling program has improved the continuity, consistency, and the knowledge of the geometry of the gold bearing zones. The gold mineralization is now down to 275m depth, and it is open toward NorthSouth and East directions (Figure 3 and Figure 4). The main mineralized corridor in KN1 trends is N020 with steep easterly dips over more than 1.5 km punctuated with several artisanal work pits. There is a secondary perpendicular mineralized strike steeply north dipping and forming the enlargements at North and South of the RC drilling zone. The broader geochemical anomalies (Figure 1) indicate a strong potential to extend the KN1 gold mineralization.
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