Roxgold Inc. - Presidents Message

My Fellow Shareholders:
2007 proved to be a very exciting year for Roxgold. In the few months that encompassed the 2007 TJ Ridge exploration season we successfully validated a core hypothesis that had lingered unproven for almost two decades -- the existence of a previously unknown intrusive body penetrating the Bowser Basin sediments.

The presence of the intrusive is critical to the most prospective geological models as it provides heat source for the brines that carry the mineralization in many geological models. The monzonite intrusive itself is altered and variably mineralized making the discovery even more prospective. With significant mineralization located over 3 kilometers from intrusive discovery, the size potential of the intrusive system on the TJ Ridge project is significant. To date, every result we have generated supports our belief we are on the brink of discovery of a major mineralized system.

2008 looks to be an even more exciting year. While the discovery of the monzonite intrusive is critical, we believe it to be dykes or sills peripheral to the main intrusive body where the greatest potential for substantial mineralization lie. In 2007 we discovered the mineralized intrusive; in 2008 we aspire to define the geometry of the intrusive dykes discovered in 2007 and follow these dykes back to their source.

The company is well financed to pursue these objectives having raised over $2million in the fall of last year. All of our contractors and staff are in place and we are targeting an early June start to the exploration season that will include up to 8,000 metres of drilling, trenching and Induced Polarization geophysical surveys. The brochure enclosed with your Annual General Meeting material begins to highlight some of this potential and I encourage you to spend a few minutes reviewing it.

All of us at Roxgold are anxiously looking forward to start the 2008 exploration program where we have the opportunity to begin turning 2007's discoveries into the beginnings of a promising mineral deposit. I would like to thank all our shareholders and stakeholders for their continued support as we build Roxgold into a strong, vibrant and successful mineral exploration company.

Sincerely
Alan Raven President and CEO

		corporate		President's Message
		Corporate Directory Management and Directors Financial Statements Annual Report Presidents Message			My Fellow Shareholders: 2007 proved to be a very exciting year for Roxgold. In the few months that encompassed the 2007 TJ Ridge exploration season we successfully validated a core hypothesis that had lingered unproven for almost two decades -- the existence of a previously unknown intrusive body penetrating the Bowser Basin sediments. The presence of the intrusive is critical to the most prospective geological models as it provides heat source for the brines that carry the mineralization in many geological models. The monzonite intrusive itself is altered and variably mineralized making the discovery even more prospective. With significant mineralization located over 3 kilometers from intrusive discovery, the size potential of the intrusive system on the TJ Ridge project is significant. To date, every result we have generated supports our belief we are on the brink of discovery of a major mineralized system. 2008 looks to be an even more exciting year. While the discovery of the monzonite intrusive is critical, we believe it to be dykes or sills peripheral to the main intrusive body where the greatest potential for substantial mineralization lie. In 2007 we discovered the mineralized intrusive; in 2008 we aspire to define the geometry of the intrusive dykes discovered in 2007 and follow these dykes back to their source. The company is well financed to pursue these objectives having raised over $2million in the fall of last year. All of our contractors and staff are in place and we are targeting an early June start to the exploration season that will include up to 8,000 metres of drilling, trenching and Induced Polarization geophysical surveys. The brochure enclosed with your Annual General Meeting material begins to highlight some of this potential and I encourage you to spend a few minutes reviewing it. All of us at Roxgold are anxiously looking forward to start the 2008 exploration program where we have the opportunity to begin turning 2007's discoveries into the beginnings of a promising mineral deposit. I would like to thank all our shareholders and stakeholders for their continued support as we build Roxgold into a strong, vibrant and successful mineral exploration company. Sincerely Alan Raven President and CEO