Roscan Gold Corporation (TSXV: ROS)has achieved positive drill results at both Kandiole North (KN1) and Disse at the Kandiole Project in Mali, West Africa.
In Kandiole KN1, the continuity of the mineralised gold envelope has been demonstrated and expended laterally with a number of holes intersecting gold mineralisation. In addition, high grade with visible gold (VG) was encountered in the fresh rock.
The Reverse Circulation (RC) and core holes (DD) drilling programmes have improved and expanded the knowledge of the geometry of the gold-bearing zones.
At Kandiole KN1, the gold mineralisation envelope has been extended 125 m depth beyond the current pit limit of 150 m depth with more consistent gold intercepts from these additional holes. The mineralisation remains open to the North and South and to the East directions.
At Disse, the high-grade gold extension continues to grow with high-grade intervals in the fresh rock along several distinct mineralized lodes. From the results of the Western RC fence line, gold mineralisation has the potential to continue further toward the West.
Neither Disse nor Kandiole North fresh rock gold mineralisation are included in the maiden resource estimation released in early June.
Drilling Highlights:
Kandiole North DD and RC Holes
- 7.62 gpt gold over 10m from drill hole DDKan22-008 from 234.5m
- Including 66.94 gpt gold over 1m from 238.5m
- 1.03 gpt gold over 26m from drill holeDDKan22-009 from 316.5
- Including 10.59 gpt gold over 1m from 329.5m
- 1.75 gpt gold over 20m from drill hole RCKAN22-0039 from 108m
- Including 25.21 gpt gold over 1m from 119m
Disse RC Holes
- 3.04 gpt gold over 12m from drill hole RCDBS22-0100 from 26m
- Including 12.22 gpt over 1m from 28m
- Including 15.91 gpt gold over 1m from 36m
- And 3.83 gpt gold over 6m from 90m
- Including 19.12 gpt gold over 1m from 92m
- 5.94 gpt gold over 4m from drill hole RCDBS22-0101 from 78m
- Including 18.57 gpt over 1m from 79m
“Kandiole North has been returning some great results outside the pit limits captured in the maiden resource. Mineralisation continues extending in strike length with the current drilling program potentially doubling the 675 m captured in the maiden resource,” President and CEO, Nana Sangmuah, said.
“The mineralication continues to be tested to a depth of 275 m, 125 m beyond the current pit depth of 150 m and remains open for further expansion both along strike and at depth. Numerous deeper holes ended in mineralization clearly showing the potential at depth.
“There are multiple targets including KN2, KN3 and KN4 within broader arsenic geochemical anomalies that require further follow up and have the potential to significantly expand the Kandiole North footprint.
“2,050 m of RC drilling to date at Disse has established a 150 m strike length of continuous mineralisation in fresh rock to a depth of 140 m and remains open. Disse is shaping to be one of our most advanced targets not captured in the maiden resource or exploration target areas included in the maiden resource update.
“In Kandiole, we have completed 4,250 m of drilling post the cut-off date drilling for the maiden resource and 7,950 m on the other resource areas.
“This drilling was mainly focused on areas within the exploration target which was outlined to have near term potential to expand the maiden resource by between 8Mt at 1.0 g/t Au to 30Mt at 0.8 g/t Au. Areas such as Disse were not even included in this exploration target and add further upside potential.”
For further information please visit: https://roscan.ca/
