Monday 26th June 2017

Resource Clips

Roxgold reports Burkina Faso Yaramoko Gold Resource: 354K oz ind, 306K oz inf

Resource Clips - essential news on junior gold mining and junior silver miningRoxgold Inc TSXV:ROG announced the first resource estimate of the 55 Zone on its Yaramoko Concession in Burkina Faso as well as assays results from the 55 Zone. The estimate (at a 2 grams per tonne cutoff) shows an indicated resource of 617,000 tonnes grading 17.8 g/t gold for 354,000 ounces and an inferred resource of 1,244,000 tonnes grading 7.7 g/t gold for 306,000 ounces. Assay highlights include

28.69 g/t gold over 2 metres
18.73 g/t over 2.2 metres
14.44 g/t over 3.7 metres
6.93 g/t over 3.65 metres
(including 23.77 g/t over 0.8 metres)
6.57 g/t over 7 metres
5.38 g/t over 6.95 metres
(including 10.71 g/t over 2.4 metres)

President/CEO Robert Sibthorpe commented, “The receipt of this high grade gold resource estimate marks a turning point for Roxgold and validates the strong financial support provided by our shareholders over the past year.” Lead Director Allan Fabbro commented, “The Roxgold exploration team both in Canada and Burkina Faso deserve recognition, both for the discovery of the 55 Zone in early 2011 and the three subsequent efficient drill campaigns which delineated the resource received today. Their work will allow the Company to go forward now with a promising asset and a strong treasury.”

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Robert (Bob) Sibthorpe

or Al Fabbro
Lead Director

Read an interview with Lead Director Al Fabbro

by Kevin Michael Grace

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