Roxgold is a gold mining company with its key asset, the high grade Yaramoko Gold Mine, located on the Houndé greenstone belt in Burkina Faso, West Africa. The Company declared commercial production on October 1, 2016.
The 55 Zone mine is currently in production and is expected to produce between 145,000 and 155,000 ounces of gold in 2019.
Bagassi South, the Company’s first growth project is currently in development with commercial production expected to be achieved in the second quarter of 2019. The Feasibility Study outlines an after-tax IRR of 53.2% with a 1.8 year payback on initial capital, based on a gold price of $1,300 per ounce.
Roxgold trades on the Toronto Stock Exchange under the ticker symbol ROXG and as ROGFF on the OTC.