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Roxgold Inc.(TSXV:ROG) announced receiving the initial resource estimate for its Yaramoko project. The Company received the resource estimate from AGP Mining Consultants Inc. for Zone 55 on the property.
As quoted in the press release:
The results from the initial resource estimate for the Yaramoko 55 Zone returned 617,000 tonnes of Indicated resource grading 17.8 grams per tonne (“g/t” or “gpt”) gold containing an estimated 354,000 ounces of gold. In the Inferred category, the initial resource estimate returned 1,244,000 tonnes grading 7.7 g/t containing an estimated 306,000 ounces of gold.
Roxgold, Director, Al Fabbro, commented:
The Roxgold exploration team both in Canada and Burkina Faso deserve recognition,both for the discovery of the 55 Zone in early 2011 and the three subsequent efficient drill campaigns which delineated the resource received today. Their work will allow the Company to go forward now with a promising asset and a strong treasury.
Click here to read the Roxgold Inc. (TSXV:ROG) press release
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