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Roscan Outlines Potential Exploration Upside on Areas Within and Outside Current Resources
Toronto, Ontario--(Newsfile Corp. - June 8, 2022) - Roscan Gold Corporation  (TSXV: ROS...
About this update from Roscan Gold Corporation
[{"type":"text","content":"Roscan Outlines Potential Exploration Upside on Areas Within and Outside Current ResourcesToronto, Ontario--(Newsfile Corp. - June 8, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) (\"Roscan\" or the \"Company\") is pleased to present its ongoing exploration activities and potential resource growth beyond the recently announced first mineral resource estimate (\"MRE\").The ongoing exploration activities have been focused on two key areas: 1) The expansion of the maiden resource within the MRE areas, which it is estimated to currently comprise a potential additional resource in the range of 8Mt at 1.0 g/t Au to 30Mt at 0.8 g/t Au and; 2) outside the MRE, which has seen substantial positive exploration results but has not yet been captured in the reported MRE.Key Highlights:17,890 meters (m) out of the 20,000 m ongoing drilling program have been completed beyond the drilling data included in the MRE. 8,050 m are infill drilling in the resources areas focuses under the 1,500 USD pit shell and 5,500 m of step out drilling program in the vicinity of the resource zones (figures 5,6 and 7).Drilling prioritization to favor areas of immediate upside potential such as the Exploration Target areas at Mankouke South, Kabaya and Kandiole KN1 resource areas, including the oxide and sulphide mineralization, their satellites and extensions. Additional areas of prioritization outside the MRE area includes the discoveries at Disse and Walia, and Mankouke West along with the strong potential of Bantanko East and Segondo West and several other targets in in the Siribaya-Mankouke-Seko structural corridor.Further potential to increase the resource estimates with LeachWELL assay process: Only 18% of current drilling has now been assayed by LeachWELL which thus far has shown substantial improvements in areas tested; increasing between 10% and 40 %. Roscan plans to expand the use of LeachWELL on its existing resource base and to use it extensively for all future drilling. Nana Sangmuah, President & CEO, stated, \"We are extremely excited by our MRE that suggests a stand-alone potential operation with over a million ounces delineated in the indicated category at a very conservative gold price of $1500/oz.We are even more excited by the growth potential to be unlocked with over 5,500 meters of drilling completed in our...