2,000m Of Strike Length Remains Open
Roscan Gold Corporation (TSXV: ROS) has received positive drill results at the Kandiole North discovery in Mali, West Africa, where the mineralised zone is expanding in size.
President and CEO, Nana Sangmuah, said the company continues to increase depth extension and strike length at Kandiole North with high-grade intercepts and the mineralised zones remain open. The gold mineralisation has now been extended down to 92m depth.
Mr Sangmuah said the Kandiole North (KN1) gold mineralisation trend appears to extend for eight km to Moussala (MO1) and Kandiole North (KN2) gold mineralisation trend appears to extend for six km to Kabaya.
Drilling at Kabaya is ongoing with the aim to connect these targets and expand its current dimensions. Both Kabaya, Kandiole North and Moussala remains open along strike and depth.
Drilling Highlights:
Kandiole North – DD and RC Holes
- 6.67 gpt gold over 4m from drill hole RCKAN21-010 from 116m (End of hole), including 21.9 gpt gold over 1m from 117m
- 5.43 gpt gold over 7m from drill hole RCKAN21-003 from 69m, including 21.9 gpt gold over 1m from 73m
- 4.13 gpt gold over 10m from drill hole RCKAN21-002 from 90m, including 25.8 gpt gold over 1m from 92m, and 3.13 gpt gold over 7m from drill hole RCKAN21-002 from 50m, including 12.0 gpt gold over 1m from 52m
- 2.60 gpt gold over 9m from drill hole RCKAN21-011 from 27m, and 1.91 gpt gold over 11m from drill hole RCKAN21-011 from 65m, including 10.0 gpt gold over 1m from 72m
Kandiole North (KN1) AC
- 9.30 gpt gold over 4m from drill hole ACKAN20-1223 from 14m, including 18.0 gpt gold over 2m from 16m
- 4.28 gpt gold over 6m from drill hole ACKAN20-1233 from 8m
- 3.37 gpt gold over 8m from drill hole ACKAN20-842 from 30m, including 15.7 gpt gold over 1m from 31m
Kandiole North (KN4) – AC Holes
- 4.91 gpt gold over 4m from drill hole ACKAN20-1380 from 10m (End of hole)
Kandiole North (Regional)
- 9.79 gpt gold over 2m from drill hole ACKAN20-1105 from 10m
Notes: 1: True width yet to be determined, 2: Table 1 – Assay Highlights, 3: 0.5gpt used as cut-off with 2m internal dilution, 4: No top-cut.
“Kandiole North has been returning some great results and shaping up to be a key deposit for resource definition with 2km strike length and 92m depth and remains open for further expansion along strike and at depth,” Mr Sangmuah said.
“Numerous holes ended in mineralisation clearly showing the potential at depth. We are confident that this resource will play a crucial role in adding significant value to our company building on top of our flagship discoveries of Mankouke South and Kabaya.
“The continued drilling success on our numerous regional targets is proving the potential to add ounces from multiple targets on our large land package. We are also seeing encouraging results from our other regional discoveries made in late 2020 including Walia and Moussala North and we look forward to providing updates on those in the near future as more assays become available.
“The potential for numerous mineralized corridors on the property over long strike lengths is being further validated by our recent regional exploration success and step out drilling outside of Mankouke South with hole 89 released earlier this week, we are looking forward to sharing the full results of our extensive geophysics survey in the coming weeks which will further show the clear regional potential for a multi million oz mining camp at Kandiole.”
