Business
Roscan Gold Intersects 30m at 2.96gpt, 20m at 2.38gpt and 17m at 2.66gpt at Kabaya and Significantly Extends Gold Mineralization to 196m Depth
TORONTO, ON / ACCESSWIRE / January 19, 2021 / Roscan Gold Corporation ("Roscan" or the "C...
About this update from Roscan Gold Corporation
[{"type":"text","content":"Roscan Gold Intersects 30m at 2.96gpt, 20m at 2.38gpt and 17m at 2.66gpt at Kabaya and Significantly Extends Gold Mineralization to 196m DepthTORONTO, ON / ACCESSWIRE / January 19, 2021 / Roscan Gold Corporation (\"Roscan\" or the \"Company\") (TSX-V:ROS)(FSE:2OJ)(OTC PINK:RCGCF) is pleased to announce positive Diamond and RC drill results (Figure 1) from 23 holes totaling 4,158 metres (m) at its Kabaya Target with multiple holes intersecting high gold grades over wide intervals. Drill hole DDDBS20-008 (Figure 1) intersected 2.96 gpt over 30m starting from surface. Drill hole DDDBS20-009 intersected 2.38 gpt gold over 20m from 46m, Drill hole DDDBS20-006 intersected 2.66gpt over 17m from 166.2m and hole DDDBS20-14 ended in gold mineralization at 247.2m depth (Figure 2). Kabaya - DD + RC Drilling Highlights 10.6 gpt gold over 3m from drill hole DDDBS20-003 from 84.6mIncluding 24.6 gpt gold over 1m from 84.6mAnd 1.64 gpt gold over 9m from drill hole DDDBS20-003 from 57.8m 3.09 gpt gold over 9.3m from drill hole DDDBS20-015 from 0m Including 8.73 gpt gold over 2m from 4.3m 2.96 gpt gold over 30m from drill hole DDDBS20-008 from 0mIncluding 11.7 gpt gold over 2m from 26mAnd 1.54 gpt gold over 15m from drill hole DDDBS20-008 from 34m 2.66 gpt gold over 17m from drill hole DDDBS20-006 from 166.2m Including 7.45 gpt gold over 2m from 171.2mAnd 1.07 gpt gold over 15m from drill hole DDDBS20-006 from 143.2m2.38 gpt gold over 20m from drill hole DDDBS20-009 from 46m Including 11.9 gpt gold over 1m from 64m 1.93 gpt gold over 7m from drill hole DDDBS20-014 from 233.2m 1.71 gpt gold over 13m from drill hole DDDBS20-010 from 0m 1.65 gpt gold over 9m from drill hole RCDBS20-06 from 74m 1.47 gpt gold over 21m from drill hole RCDBS20-005 from 109m And 0.79 gpt gold over 16m from drill hole RCDBS20-005 from 90m 1.28 gpt gold over 18m from drill hole RCDBS20-002 from 141m Notes: 1: True width yet to be determined, 2: Table 1 - Assay Highlights, 3: 0.5gpt used as cut-off with 2m internal dilution for drill holes, 4: No top-cut.Since acquiring Kabaya in June 2020, all 23 holes drilled intersected gold mineralization (Table 2) which reflects a 100% drill success rate. The Kayaba deposit (see Disclosures below1) has a pit-constrained mineral resource to a depth of 58m, which contains 105,000 ounces of Indicated Resource and 35,000 ounces of Inferred ...