Welcome to Roxgold - High grade gold in Burkina Faso
Roxgold In. (ROG. TSX-V) is a gold exploration company currently investigating three exploration permits in mineral rich
Burkina Faso, West Africa. Roxgold has 100% interests in the Yaramoko and Solna gold properties, with a 90% interest in Bissa West.
At present, Roxgold is advancing a significant high-grade gold discovery, the
55 Zone, at its flagship property,
Yaramoko. The recently announced
updated mineral resource estimate at the 55 Zone comprises
1,343,000 tonnes grading 15.7gpt for 679,000 contained ounces of gold in the Indicated category and
751,000 tonnes grading 8.9gpt for 216,000 ounces in the Inferred category with a 3.0gpt cut-off (
please see March 4th, 2013 News Release).
Q1 2013 resource estimate summary
| Resource at March 1, 2013 |
| Resource |
Grade |
Metal Endowment |
| Category |
Cut -off gpt |
Tonnes |
Au gpt |
Au Oz |
| Indicated |
>3.0 |
1,343,000 |
15.7 |
679,000 |
| Inferred |
>3.0 |
751,000 |
8.9 |
216,000 |
The Company recently raised $10 million and remains well capitalized for its 2013 exploration program and other projects. Roxgold is conducting an aggressive drill program (Core, RC & Auger) which aims to further advance the current discovery at the 55 Zone. The Company is also testing a number of highly anomalous geochemical target zones throughout the Yaramoko property, including the more recent discoveries at the
109 and
117 Zones.
We thank you for your interest in Roxgold Inc.
Qualified Person
Pierre Desautels, P.Geo, of AGP Mining Consultants Inc., a Qualified Person within the meaning of National Instrument 43-101 who is an independent consultant to the company, has verified and approved the data disclosed in this release. This includes the sampling, analytical and test data underlying the information.