Roscan Gold Corporation (TSXV: ROS) (OTCQB:RCGCF) has obtained positive drill results at Kandiole North (KN1) in Mali, West Africa.
The mineralised envelope is expanding in size as the Q4 drilling campaign demonstrated the gold mineralisation extends both vertically and laterally. The Reverse Circulation (RC) drilling programme has improved the continuity, consistency, and the knowledge of the geometry of the gold bearing zones. The gold mineralisation is now down to 275m depth, and it is open toward North-South and East directions.
The main mineralised corridor in KN1 trends is N020 with steep easterly dips over more than 1.5 km punctuated with several artisanal work pits. There is a secondary perpendicular mineralized strike steeply north dipping and forming the enlargements at North and South of the RC drilling zone. The broader geochemical anomalies indicate a strong potential to extend the KN1 gold mineralisation.
Drilling Highlight included:
- 2.04 gpt gold over 25m from drill hole RCKAN21-0032 from 100m; Including 11.28 gpt gold over 2m from 106m
- 2.92 gpt gold over 7m from drill hole RCKAN21-0018 from 17m; Including 8.78 gpt gold over 2m from 22m, 3.85 gpt gold over 11m from 28m, Including 24.89 gpt gold over 1m from 31m
- 1.74 gpt gold over 12m from drill hole RCKAN21-0026 from 98m, Including 10.9 gpt gold over 1m from 103m, 1.24 gpt gold over 9m from 128m, Including 5.32 gpt gold over 1m from 129
“Kandiole North has been returning some great results and shaping up to be another key target to contribute ounces for our maiden resource estimate. The detailed drilling in KN1 spanning a 675m strike length and 275 m depth remains open for further expansion along strike and at depth. Numerous holes ended in mineralisation clearly showing the potential at depth,” CEO, Nana Sangmuah, said.
“There are multiple targets including KN2, KN3 and KN4 within broader arsenic geochemical anomalies that require further follow up and have the potential to significantly expand the Kandiole North footprint.
“We are optimistic that these targets within 15 km from our flagship Mankouke South asset would provide incremental feed towards a standalone hub and spoke production scenario at the Kandiole project.”
“From the recent multielement analysis of the termite mount samples, arsenic-antimony-bismuth pathfinders highlight the Kandiole corridor and its potential to expand KN1 gold mineralisation along this geochemical signature.
“We note significant pathfinder arsenic anomalies that have been identified on the broader Kandiole land package and the success achieved to date in confirming gold mineralisation along such arsenic footprint in the KN1 structure bodes well for future drilling on these yet to be tested targets.”
For further information please visit: https://roscan.ca/