Roxgold is a gold exploration and development 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. 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. For more details, please see the Company's April 22, 2014 news release.
The Company is currently advancing Yaramoko through construction and expects to commence production in Q2 2016.
Roxgold trades on the TSX Venture Exchange under the symbol ROG.