Business
Roscan Gold Makes New Discovery at Moussala North - Intersects 5.39gpt over 32m from Surface including 8.93gpt over 16m
TORONTO, ON / ACCESSWIRE / November 9, 2020 / Roscan Gold Corporation ("Roscan" or the "C...
About this update from Roscan Gold Corporation
[{"type":"text","content":"Roscan Gold Makes New Discovery at Moussala North - Intersects 5.39gpt over 32m from Surface including 8.93gpt over 16mTORONTO, ON / ACCESSWIRE / November 9, 2020 / Roscan Gold Corporation (\"Roscan\" or the \"Company\") (TSX-V:ROS)(FSE:2OJ)(OTC PINK:RCGCF) is pleased to announce that it has identified high-grade gold at Moussala North (Figure 1 and Figure 2), which is a new gold discovery and compliments previous exploration success further North in 2018 and 2019. Hole ACMOU20-206 returned high-grade gold from surface (Table 1) and intersected 5.39 gpt over 32m including 8.93 gpt over 16m. This new discovery (labeled MO1 in Figure 1) appears to be directly on an approximate 8km trend to the NE from the recent Kandiole North Discovery (KN1) and within the recently defined Kandiole Trend. (News Release 05/10/2020) This new discovery along with series of positive drill results during 2018 and 2019 clearly warrant additional follow-up drilling in the Moussala North Region.Air Core Holes - Drill Highlights 2020:5.39 gpt gold over 32m from drill hole ACMOU20-206 from 0m Including 8.93 gpt gold over 16m from 4m 1.90 gpt gold over 10m from drill hole ACMOU20-205 from 18m (END OF HOLE)Including 5.41 gpt gold over 2m from 20m Air Core Holes - Drill Highlights 2019: (News Release 22/07/2019)3.82 gpt gold over 6m from drill hole ACMOU19-10 from 38m Including 8.46 gpt gold over 2m from 42m Air Core Holes - Drill Highlights 2018: (News Release 24/01/2019)35.5 gpt gold over 2m from drill hole ACMOU18-17 from 2m4.89 gpt gold over 8m from drill hole ACMOU18-02 from 16mIncluding 16.6 gpt gold over 2m from 22m Including 2.75 gpt gold over 4m from 32m1.62 gpt gold over 6m from drill hole ACMOU18-01 from 24mNotes: 1: True width yet to be determined, 2: Table 1 - Assay Highlights, 3: No top-cut 4: All holes are 270 degree Azimuth and -50 degree Inclination 5: 2m internal dilution.Nana Sangmuah, President and CEO, stated, \"We are very excited by the ongoing positive exploration results received to date on multiple targets outside our main Mankouke South Discovery, which clearly identifies the significant potential of our entire land package.Our technical team on the ground is very excited about the Moussala North Discovery which is returning some wide intercepts and high grades like we saw in the early days at Southern Mankouke. With Kandiole North,...