Roscan Minerals Corp.: Exploration Underway at the Dormaa Project in Ghana

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[{"type":"text","content":"\nRoscan Minerals Corp.: Exploration Underway at the Dormaa Project in GhanaToronto, Ontario--(Newsfile Corp. - March 6, 2017) - Roscan Minerals Corporation (TSXV: ROS.H) (\"Roscan\" or the \"Company\") is pleased to announce that Pelangio Exploration Inc., the operator, has started exploration activities at the Dormaa Project in Ghana. A third party has advanced the initial exploration expenditure payment of $150,000, pursuant to the option and joint venture agreement, dated November 7, 2016, as amended on February 14, 2017. The initial exploration expenditure payment was made by a third party as the entering into of the option and joint venture agreement is subject to TSX Venture Exchange approval.These funds, along with the Company's next $150,000 exploration expenditure payment, due by May 4, 2017, will enable expanded gold-in-soil geochemical surveys, prospecting and approximately 3,000 metres of reverse circulation and air core or rotary air blast drilling. This program was designed to follow up on the large gold-in-soil anomalies on the property which appear to be the source of substantial, unregulated artisanal and mechanized alluvial operations carried out around the property during 2014 and 2015. To earn its 50% interest in the project, Roscan must fund an aggregate of $2,000,000 in exploration expenditures ($300,000 in the first year) and make cash payments to Pelangio totaling $160,000 ($10,000 in the first year which has been paid). About the Dormaa ProjectThe Dormaa Project is an 86.44 square kilometre concession governed by a Prospecting License in the Brong-Ahafo Region of Ghana, West Africa. Pelangio owns a 100% interest in the Dormaa Project through its indirectly held, wholly-owned subsidiary, Pelangio Ahafo (G) Limited (\"Pelangio Ghana\"). The Dormaa Project was originally acquired based on primary regional stream sediment data. Pelangio then completed stream sediment surveys into the secondary and tertiary drainages, followed by soil sampling on an 800 metre by 100 metre (800m x 100m) grid and assayed using the Bulk Leach Extractable (BLEG) method. Follow up closer-spaced soil surveys of 400m x 50m and 100m x 25m spacing were completed on the northern portion of the Dormaa Project, covering some 33% and 7%, respectively by area, of the property. These soil surveys identified 13 significant gold-in-soil anom...

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