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Roxgold Drills 16 Meters Grading 62.74 Grams Per Tonne Gold at Yaramoko Gold Concession, Burkina Faso, West Africa

Investing News Network
Sep. 07, 2011 10:59AM PST
Gold Investing

Roxgold Inc. (CVE:ROG) reports that it has received assays from drilling activities on its optioned Yaramoko gold concession in western Burkina Faso, West Africa.

Roxgold Inc. (TSXV:ROG) reports that it has received assays from drilling activities on its optioned Yaramoko gold concession in western Burkina Faso, West Africa.

The press release is quoted as saying:

Assays include data from 13 of the 44 diamond drill holes (1659 out of 6290 meters) drilled in June through August (YRM-11-DDH001 through YRM-11-DDH044).

HIGHLIGHTS

  • 62.74 gpt over 16 meters (including 226.89 gpt over 3 meters) in drill hole YRM-11-DDH-022
  • 17.16 gpt over 12 meters (including 32.34 gpt over 6 meters) in drill hole YRM-11-DDH-009
  • Visible gold present in most intercepts
  • Zone 55 mineralization (currently 300 meters in strike)remains open to depth and along strike to the west; assays pending for an additional 17 holes
  • New Discovery at Zone 35 (an orpaillage site located more than 300 meters west of the discovery hole of Zone 55) has 10 completed drill holes and is open in all directions with assays pending

Roxgold’s President and CEO, Robert Sibthorpe says:

“We are encouraged by the results to date” “The Zone 35 discovery encountered mineralization similar to Zone 55 with visible gold evident. The potential exists that the veins in Zone 35 may be a continuation of the gold-bearing structures in Zone 55. The 175 meter gap between the western extent of drilling on Zone 55 and the eastern extent of drilling on Zone 35 remains untested.”

Click here to access the entire news release.

Click here to access Roxgold’s company profile.(TSXV:ROG)

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