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Roscan Outlines Potential Exploration Upside on Areas Within and Outside Current Resources
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Roscan Outlines Potential Exploration Upside on Areas Within and Outside Current Resources
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Roscan Gold accelerates drill program; land acquisitions and executive appointments
A drill crew poses for a picture at the Kandiole project in Mali. Photo credit: Roscan Gold.
Since the beginning of the year,
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has enlarged its land package around its Kandiole project in western Mali from about 250 sq. km to a little over 400 sq. km; completed over 30,000 metres of drilling; and says it’s on track and fully funded to undertake a total of at least 100,000 metres during the course of the full 12 months.
“It will be a newsy year because we’re drilling through the rainy season,” says Nana Sangmuah, the company’s president and CEO. “We were the first to do that in Mali last year and so we should be doing more drilling culminating in a resource estimate in the fourth quarter then commencing engineering studies.”
Press release content from Accesswire. The AP news staff was not involved in its creation.
Roscan Gold Acquires 55 km2 Land Package Approximately 1.6 km to the North-East of B2Gold Fekola Permit
April 12, 2021 GMT
TORONTO, ON / ACCESSWIRE / April 12, 2021 / Roscan Gold Corporation (“Roscan” or the “Company”) (TSXV:ROS)(FSE:2OJ)(OTC PINK:RCGCF) is pleased to announce the Company has strategically expanded its land package of the Kandiole Project, by acquiring the permit to the immediate West of the recently acquired Segondo West permit. (Feb. 2021).
This new permit, called Bantanko East (Figure 1), adds a significant additional 55 square kilometers to the Kandiole Project, increasing the total land package of 401.8 square kilometers, making Roscan one the largest land holders in the area. We highlight the interpreted occurrence of a second order splay structure coming off the Senegal-Mali Shear Zone (SMSZ) and running north east through the Bantanko East permit. Splay stru
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