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Roxgold Announces Significant Grade Increases in Updated Bagassi South Mineral Resource Estimate
Jul. 19, 2017 08:40AM PST
Precious Metals InvestingRoxgold Inc. (“Roxgold” or the “Company”) (TSX: ROXG) (OTC: ROGFF) is pleased to announce an updated Mineral Resource Estimate (“MRE”) and complete drilling results from the Company’s first half (“H1”) 2017 Infill and Extensional drilling program at the Bagassi South deposit which is located less than two kilometers from its flagship underground gold mine at …
Roxgold Inc. (“Roxgold” or the “Company”) (TSX: ROXG) (OTC: ROGFF) is pleased to announce an updated Mineral Resource Estimate (“MRE”) and complete drilling results from the Company’s first half (“H1”) 2017 Infill and Extensional drilling program at the Bagassi South deposit which is located less than two kilometers from its flagship underground gold mine at the 55 Zone. The MRE was undertaken by Roxgold and validated by SRK Consulting (Canada) Inc. (“SRK”) of Toronto and is based on 250 core boreholes totalling approximately 55,660 metres of drilling and has been prepared in accordance with National Instrument 43-101 (“43-101”) Standards of disclosure for Mineral Projects.
As quoted in the press release:
“Yaramoko has again delivered high grade resources,” commented John Dorward, President and CEO of Roxgold. “As we continue to focus on delivering growth at Yaramoko through development projects and exploration, we are encouraged to have a second high grade indicated mineral resource on the Yaramoko permit that highlights the prospectivity of the permit and Roxgold’s potential for organic growth.”
