Business
Roscan Signs Drilling Contract With Geodrill for the Kandiole Project; Provides Update on Exploration Program
Roscan Signs Drilling Contract With Geodrill for the Kandiole Project; Provides Update on ...
About this update from Roscan Gold Corporation
[{"type":"text","content":"\n\n\n\nRoscan Signs Drilling Contract With Geodrill for the Kandiole Project; Provides Update on Exploration Program\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Oct. 31, 2018\n\n\n\nTORONTO, Oct. 31, 2018 /CNW/ - Roscan Gold Corporation (\"Roscan\" or the \"Company\") (TSX-V: ROS) is pleased to announce that it has signed a contract with Geodrill Ltd. to commence drilling on, or about, November 15, 2018 at the Company's 100%-owned Kandiole Project in West Mali. A 3,500 metre Air Core (\"AC\") drilling program has been designed to test the numerous, high-quality, gold geochemical anomalies previously identified. The program is expected to be completed prior to December 31, 2018. \nAC DRILLING PROGRAMThe AC drilling program will include holes of maximum depths of 50 meters and a dip angle of no less than 50 degrees. At present, drilling access roads are being completed and detailed information on drilling targets will be provided to the market in a future news release prior to the beginning of the program. A map identifying targets and illustrating the drill plan will also be disseminated.  \nIt is expected that in early 2019, a follow up program of Reverse Circulation (\"RC\") drilling will be initiated in areas with the most significant AC results. \nGEOCHEMICAL SAMPLING PROGRAMIn addition, a crew of 25 personnel, including three senior geologists, are at the site and presently working. The exploration camp has been set up to support the field crews and equipped to manage all of the data being collected. Three sampling crews are active in the field with soil and termite sampling. The sampling program has been designed to cover all of the high priority targets and other areas of interest and will result in approximately 75% of the permits covered. It is expected that this sampling program will identify further drilling targets.\n\"We were encouraged by the amount and strength of the previously announced Au-in-soil and termite mound anomalies that were identified in an area of existing gold mines and are excited to begin this initial d...