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    Roxgold Intercepts 113.0 gpt Au Over 1.65 Meters and 47.3 gpt Au Over 3.5 Meters at Yaramoko

    Investing News Network
    Apr. 24, 2012 09:02AM PST
    Gold Investing

    Roxgold Inc. (TSXV:ROG) announce assay results for 21 core holes from its Phase 3 Yaramoko drilling program at the Company’s Yaramoko property located in Burkina Faso, Africa. Highlights include intercepts of 113.0 g/t Au over 1.65 meters and 47.3 g/t Au over 3.5 meters.

    Roxgold Inc. (TSXV:ROG) announce assay results for 21 core holes from its Phase 3 Yaramoko drilling program at the Company’s Yaramoko property located in Burkina Faso, Africa. Highlights include intercepts of 113.0 g/t Au over 1.65 meters and 47.3 g/t Au over 3.5 meters.

    As quoted in the press release:

    Phase 3 drilling has focused on expanding mineralization indicated by the 2011 programs to depth and along strike. The modest assay from YRM-DD-069, the deepest hole drilled to date, is counter-indicated by the high visible gold count at this intercept and this zone and several others zone are being re-assayed. Holes YRM-DD-070 through YRM-DD-074 have connected the former 35 Zone with the 55 Zone. In the future the Zone, which has a known east west strike length of approximately 900 meters, will be referred to as the 55 Zone as first reported in a news release dated February 8, 2012. A deep drilling program to test for mineralization down dip has been initiated with the first hole targeting the projected vein at 1,000 meters below surface. Regional exploration with RAB and RC drilling is progressing steadily although core drilling follow up must wait until the assays from this work are received. Assay congestion using in-country labs, previously reported in Company news releases dated November 1, 2011 and April 2, 2012, continues to be a problem and is being circumvented by airfreighting selected core samples to Canada. As a result of only select samples being assayed from the reported drill holes it is possible that once all samples from each hole are assayed additional mineralized intercepts may be identified.

    To date assays have been received for 80 core holes drilled on the 55 Zone. 62 of these holes have produced 81 intercepts with an average true width of 3.80 meters and a weighted average grade of 20.72 gpt gold.

    Click here to read the Roxgold Inc. (TSXV:ROG) press release


    Click here to see the Roxgold Inc. (TSXV:ROG) profile.

    canadatsxv:rogroxgold inc
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