Extends Depth Of Central High-Grade Core
Roxgold Inc.(TSX: ROXG) has received further positive assay results from infill and extension drilling results from the company’s Ancien prospect at the Séguéla Gold Project in Côte d’Ivoire.
Highlights from Reverse Circulation (RC) and Diamond (DD) drilling include:
Ancien
- 12m at 19.8 grams per tonne gold (g/t Au) from 156m including
- 1m at 52.1 g/t Au from 162m and
- 3m at 52.9 g/t Au from 164m
- 4m at 57.7 g/t Au from 202m including
- 2m at 114.2 g/t Au from 202m
- 15m at 10.9 g/t Au from 226m including
- 3m at 39.8 g/t Au from 238m;
and a separate interval of - 4m at 9.2 g/t Au from 245m
- 3m at 39.8 g/t Au from 238m;
- 22m at 6.5 g/t Au from 187m and also
- 6m at 7.8 g/t Au from 213m
- 11m at 8.2 g/t Au from 177m including
- 2m at 37.6 g/t Au from 182m
“The exploration successes we continue to demonstrate at Séguéla builds our confidence that the Feasibility Study, due for completion early next year, will outline a larger more robust project than what was defined in the Preliminary Economic Assessment,” Roxgold’s President and CEO, John Dorward, said.
“The continuing high-grade results from infill and extension drilling at Ancien further underpin the emerging potential of the deposit to improve the mine plan. With three rigs currently turning, we are confident that further upside will be realized at the existing deposits and the suite of early stage targets which are slated for near-term testing.”
Paul Weedon, the company’s Vice President of Exploration, said that Ancien continues to demonstrate its high-grade credentials with these recent results extending the depth of the central high-grade core well beyond the margin of the PEA conceptual pit shell.
“Similarly, the strength of the hanging wall lode is evident in the 12m at 19.8 g/t Au intersected in SGRD761 and 11m at 8.2 g/t Au in SGRD760, further underpinning confidence Ancien will be a significant contributor to the mine plan.”
Exploration activities have continued to extend and infill the existing Inferred Mineral Resources close to Antenna and the proposed plant site to support the Feasibility Study. Agouti, Boulder and Ancien, are within 6 kilometres of the Antenna deposit.
Meanwhile,scout RC drilling has recently been completed at Koula and is underway at Winy and will progressively work across the high priority Séguéla prospects.
This testwork program is following up on the mapping and reconnaissance sampling at Séguéla which continues to emphasise the regional prospectivity of the property package with several prospects identified where rock chip samples recorded several instances of high grade visible gold. In addition to ongoing detailed field mapping, auger drilling is underway targeting the southern extensions of key favourable structural corridors that host the Antenna, Ancien-Boulder-Agouti, and Elephant-Winy mineralisation.
