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Roxgold Returns Multiple High Grade Results in Ancien Deposit at Séguéla

Mining News - Published on Wed, 22 Jan 2020

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Roxgold Inc announced updated drilling results from the Company’s Séguéla gold project located in Côte d’Ivoire.President and Chief Executive Officer John Dorward said “We are very encouraged by the latest Séguéla assay results which illustrate the upside potential of this project. 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. “


Ancien results from Reverse Circulation and Diamond Core drilling:
42 metres at 16.97 grams per tonne gold in drill hole SGRD456 from 133m
10m at 19.70 g/t Au in drill hole SGRD464 from 111m
6m at 27.56 g/t Au in drill hole SGRD466 from 73m
23m at 7.79 g/t Au in drill hole SGRD462 from 20m
16m at 6.52 g/t Au in drill hole SGRD463 from 27m
8m at 9.89 g/t Au in drill hole SGRC451 from 141m
10m at 7.15 g/t Au in drill hole SGRC453 from 159m, and
12m at 2.13 g/t Au in drill hole SGRC452 from 85m

Boulder results from RC drilling:
3m at 35.41 g/t Au from 50m in SGRC410
8m at 7.18 g/t Au from 108m in SGRC394
10m at 3.67 g/t Au from 4m in SGRC411
5m at 7.16 g/t Au from 126m in SGRC412
11m at 2.96 g/t Au from 104m in SGRC413, and
8m at 3.39 g/t Au from 58m in SGRC415

Exploration activities have continued to progress with the objective of delineating additional mineral resources within close proximity to Antenna. The current targets, including Agouti, Boulder and Ancien, are within 10 kilometres of the Antenna deposit.

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Posted By : Rabi Wangkhem on Wed, 22 Jan 2020
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