Roxgold Inc. (TSX: ROXG) (OTCQX: ROGFF) has extended the known zone of high grade gold a further 60m down plunge at the Ancien prospect from the company’s Séguéla gold project in Côte d’Ivoire.
President and Chief Executive, John Dorward, said the results from the Ancien an Boulder prospects show the upside potential at Séguéla.
Highlights from the recent RC and DD programmes at Ancien include:
- 42 m at 16.97 g/t Au from 133m
- 10m at 19.70 g/t Au from 111m
- 6m at 27.56 g/t Au from 73m
- 23m at 7.79 g/t Au from 20m
- 16m at 6.52 g/t Au from 27m
- 8m at 9.89 g/t Au from 141m
- 10m at 7.15 g/t Au i from 159m, and
- 12m at 2.13 g/t Au i from 85m
While Boulder RC drilling results include:
- 3m at 35.41 g/t Au from 50m;
- 8m at 7.18 g/t Au from 108m;
- 10m at 3.67 g/t Au from 4m;
- 5m at 7.16 g/t Au from 126m;
- 11m at 2.96 g/t Au from 104m; and
- 8m at 3.39 g/t Au from 58m.
“We are very encouraged by the latest Séguéla assay results which illustrate the upside potential of this project.” Mr Dorward said.
“The Ancien target continues to return high grade intersections across significant widths while showing real indications of down-plunge potential, while the Boulder target demonstrates the near-surface potential of several of the satellite targets surrounding the original Antenna deposit.
“We have four rigs currently working at Séguéla and we are eagerly anticipating further results over the coming months.
“Meanwhile, we look forward to providing an updated resource later this month, which will include the latest drill results from Ancien, Boulder, Agouti, and Antenna – with a PEA to follow in early second quarter this year.“
Vice President of Exploration, Paul Weedon said Ancien remains open and is building its potential as a high value addition to the Séguéla project.
“We are excited to see this high grade project emerge in such a short period. We are continuing to drill Ancien and look forward to the results over the coming weeks from additional step-out drilling down plunge and along strike.
“Meanwhile, work at Boulder has continued to delineate several higher grade zones and improve the understanding of the key controls to the mineralization as we continue to develop the Boulder – Agouti corridor.”