Roxgold is a gold mining company with its key asset, the Yaramoko Gold Project, located in the Houndé greenstone belt of Burkina Faso, West Africa. The Company delivered a Feasibility Study for Yaramoko’s 55 Zone in April 2014 and poured first gold in May 2016. The Feasibility Study outlines an after-tax IRR of 48.4% with a 1.6 year payback on initial capital, based on a gold price of $1,300 per ounce.
The Company expects to produce 105,000 to 115,000 ounces in 2017.
Roxgold trades on the TSX under the symbol ROXG.