High-Grade Gold Discoveries in Mali
Stock Code:
TSX-V:ROS | OTC:RCGCF | FSE:2OJ
Company Exposure:
Gold
Project Locations:
Mali
Roscan Gold Corporation (TSXV: ROS) is a Canadian public company listed on the TSX Venture Exchange, which is focused on expanding our resource footprint in West Africa.
The Kandiole Project consists of our exploration properties located in West Mali. The company has assembled a significant land position in the prolific gold prospective Birimian rocks of west Mali and continues its efforts to acquire further permits in this region with the goal to expand its existing land package in West Africa.
Roscan has also assembled a strong, highly successful management and exploration team led by Nana Sangmuah, Roscan’s president and CEO, Gregory Isenor, P.Geo, strategic advisor and QP, Pascal van Osta, Roscan’s vice-president – Exploration and, Touba Mining SARL. This exploration team is highly experienced and has been very successful in working in this area and in this geological environment.
Investment Highlights
- High quality resource with 84% in indicated category
- Substantial exploration upside within and outside resource area
- 97.6% recoveries for oxide and 92.9% for fresh mineralization samples at flagship Mankouke South Target
- Close to infrastructure and located within trucking distance of operating mines
- Good engagement with supportive local community
- Five new significant discoveries: Kandiolé North (1,500m Strike Length); Walia (1,500m Strike Length); Moussala North (8km trend from Kandiolé North Discovery); MS2 (150m West of Mankouke South), and Disse (extension of neighbouring mineralization reported over 135m of strike on the Roscan Permit)
- Large land package hosting multiple, high-priority targets along a 20km long mineralized trend
- 25km east of B2Gold’s Fekola Mine – within trucking distance (Mankouke South)
- Seven operating mines within a 80km radius of the Kandiolé Project
- Sir Samuel Jonah – Former CEO of Ashanti Goldfields and executive president of AngloGold Ashanti
- Mr. Nana Sangmuah – Former mining analyst for Clarus Securities
- Mr. Gregory Isenor – Long established discovery track record
- Royalty Sale Agreement With Osisko Gold Royalties for Proceeds of up to $10M
