Roscan Gold Significantly Increases Depth and Continuity of Mineralization Along Strike of 600m at Kabaya; All 52 Holes Drilled since Acquisition Intersect Gold Mineralization

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[{"type":"text","content":"Roscan Gold Significantly Increases Depth and Continuity of Mineralization Along Strike of 600m at Kabaya; All 52 Holes Drilled since Acquisition Intersect Gold MineralizationToronto, Ontario--(Newsfile Corp. - May 4, 2021) -  Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTC Pink: RCGCF) (\"Roscan\" or the \"Company\") is pleased to announce positive DD/RC/AC drill results (Figure 1) from an additional 42 holes (29 DD and RC for 5,799m) totaling 6,500 meters (m) (Figure 1) at its Kabaya Target with all holes hitting gold mineralization (Table 1). At the time of acquisition on July 3, 2020, Kabaya's NI43-101 resource was pit-constrained to a depth of 58m. Since the acquisition, all 52 holes DD/RC drilled by Roscan have intersected gold mineralization showing the remarkable continuity and consistency of the deposit. Our January 2021 drilling update (see News Release 19th Jan. 2021) reported an increase of the depth potential of Kabaya (KB1) to 196 meters (Figure 2). Subsequent drilling outlined in this release has now confirmed the continuity of the mineralization to a depth of 232 meters (KB1) over a strike length of 600 meters (KB1 and KB2) and it remains open. The recent drilling outlined below has dramatically increased the volume of the prospective deposit and has major positive implications for future resource growth. In addition, at the East Limb (KB2), the mineralization has now been extended down to 150m in Fresh Rock from prior depth of 65m (Figure 2 and Figure 3) and remains open at depth.There were multiple holes intersecting high gold grades (Table 1 and Figure 1), such as Drill hole RCDBS21-016 which intersected 17.66 gpt over 3.0m. While several holes showcased the broad consistency of the mineralization with intercepts such as 2.49 gpt gold over 19.0m from drill hole RCDBS21-022. 2.29 gpt gold over 19.0m from drill hole RCDBS21-016, 1.31 gpt gold over 21.0m from drill hole RCDBS21-024 and 1.21 gpt gold over 30.0m from drill hole RCDBS21-012. Grade continuity and mineralization consistency reinforces our expectation for a robust new resource estimate at Kabaya by year end.In addition, shallow regional step-out drilling has also revealed 2 newly discovered areas of high perspectivity, KB3 with 3.65gpt over 4.0m & KB4 with 3gpt over 16.0m, located respectively 1.0km North and 1.5km South from the current r...

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