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RosCan Acquires the Segando-South and Moussala-North Gold Permits in West Mali for Its Kandiole Project
Toronto, Ontario--(Newsfile Corp. - April 4, 2018) - RosCan Minerals Corporation (TSXV: ROS...
About this update from Roscan Gold Corporation
[{"type":"text","content":"RosCan Acquires the Segando-South and Moussala-North Gold Permits in West Mali for Its Kandiole ProjectToronto, Ontario--(Newsfile Corp. - April 4, 2018) - RosCan Minerals Corporation (TSXV: ROS) (\"RosCan\" or the \"Company\")  is pleased to announce that RosCan has entered into an option agreement (the \"Option Agreement\") with K. L. Mining SARL and K.A Gold Mining SARL (collectively, the \"Optionor\") to acquire a 100% interest in the 65 sq. km. Segando-South and the 32 sq. km. Moussala-North permits (the \"Permits\"). Previously, RosCan entered into two Letter of Intents with Touba Mining SARL (\"Touba\") to acquire to acquire a 100% interest in each of the Kandiole-North and the Kandiole-West permits (previously announced on January 18, 2018 and March 2, 2018). With the acquisition of these additional Permits, RosCan's Kandiole Project will consist of approximately 164 sq. km. of contiguous land located in the prolific gold prospective Birimian rocks of west Mali (see map below). The Kandiole Project is located east of B2Gold's Fekola mine and Iamgold's, Boto and Diakha deposits and north of the Siribaya deposit. RosCan's initial compilation of technical information for the Kandiole Project has identified several areas of immediate interest. RosCan is continuing its efforts to acquire further permits in this region and anticipates completing such transactions in the coming weeks. To view a larger image of this map please click HEREWORK PROGRAM AND EXPLORATION TEAM      The initial compilation of data for the area, acquired to date, has been assessed and areas of primary interest have been identified. An exploration program consisting of prospecting, mapping and sampling of the entire land position has been designed to identify areas for more detailed exploration, including drilling. Ground control for the mapping and field work will utilize updated satellite photographs. It is anticipated that Touba field crews will begin work in the coming days. The exploration team is led by RosCan's CEO, Gregory Isenor, P.Geo, who has brought together his experienced West African exploration team consisting of: Jean-Marc Gagnon, P.Eng, MBA with 20 years of experience in West Africa; and, Touba Mining SARL. This team has worked together for almost 15 years and is highly experienced and successful in wor...