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    Roxgold Receives Further High Grade Intercepts from 35 and 55 Zones, Yaramoko Concession, Burkina Faso, West Africa

    Investing News Network
    Oct. 19, 2011 01:50PM PST
    Gold Investing

    Roxgold Inc. (TSXV:ROG) announced that it has received assays from selected intervals from an additional nine core holes from its Yaramoko Concession, western Burkina Faso.

    Roxgold Inc. (TSXV:ROG) announced that it has received assays from selected intervals from an additional nine core holes from its Yaramoko Concession, western Burkina Faso.

    As quoted in the press release:

    The drill evidence to date suggests that mineralized zones are a series of gold-bearing structures, separated by tens of meters from north to south and occasionally overlapping along strike in an east to west direction. The eastern most drilling on the “55 Zone” did not encounter significant gold from the two upper holes (DDH-031 and DDH-033) suggesting that the zone pinches out at this level although the deeper holes (DDH-032 and DDH-034) in this area returned good values and the zone may be open to the east at greater depths. Additional drilling will test this hypothesis. The “55 Zone” has been tested on 25 meter sections along a 400 meter strike length to vertical depths below 100 meters. The veining is open to the west and to depth on most sections. During Phase One of core drilling 30 holes tested the “55 Zone” of which 29 of these holes where chosen for selective sampling. The assays for 26 of these holes have been received. These 26 holes have generated 29 intercepts with significant gold values and as a group they have an average estimated true width of 4.44 meters and a weighted average grade of 23.61 gpt gold.

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

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

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