Promising Finds In Previously Untested Fofora Vein Sets
Roxgold Inc. (TSX: ROXG) has reported promising new exploration drilling results from the company’s Boussoura Project, located in southern Burkina Faso.
Highlights from scout Reverse Circulation (RC) drilling includes:
- 61m at 2.5 g/t Au from 28m including; 30m at 3.1 g/t Au from 28m including 6m at 9.6 g/t Au from 32m and 1m at 17.7 g/t from 54m and 28m at 1.9 g/t Au from 61m including 7m at 6.9 g/t Au from 69m
- 18m at 2.4 g/t Au from 12m; including; 8m at 4.5 g/t Au from 22m
- 20m at 4.4 g/t Au from 88m; including 1m at 66 g/t Au from 95m
- 6m at 2.2 g/t Au from 32m including; 1m at 11.2 g/t Au from 36m
- 2m at 5.6 g/t Au from 62m
“Our exploration team has had tremendous exploration success with the new high-grade discovery at the Boussoura project which we announced earlier this year,” said President and CEO, John Dorward.
“Boussoura is still in its infancy, but this latest round of drill results is building confidence that Boussoura has the potential to become Roxgold’s third project.
The Boussoura project is in the right jurisdiction on the southern end of the Houndé greenstone belt – a prolific gold belt that is host to numerous high-grade, large scale gold discoveries.
“We have tested a fraction of the vein sets on our land package, and with continued success we could hope that these will come together to form the basis of a project.
“We look forward to continuing to drill at Boussoura later in the year, while in the interim our focus resumes at Séguéla which is advancing towards feasibility status and a construction decision early next year.”
Vice President of Exploration, Paul Weedon, said the results from the recent scout RC drilling was encouraging, in particular an intersection of 61m at 2.5 g/t Au which included 30m at 3.1 g/t A.
“ hese results build on the previous high-grade results we have previously seen at the main Fofora vein which included 10.7m at 18.1 g/t Au from BSR-20-DD-FFR-001 and 14.9m at 9.8 g/t Au from BSR-20-DD-FFR-016.
“Boussoura’s potential is emphasised 12km further south at Galgouli where auger drilling along strike from the high grade Galgouli prospect continues to delineate several elongate >100ppb auger anomalies, each extending over 1-2km in strike and which will be the target for drill testing in Q3 this year. I am looking forward to seeing Boussoura emerge as a potential third major project for Roxgold.”
There are currently two drills at Boussoura conducting target definition/testing within the Fofora corridor. An additional RC/DD rig is expected to be added in September to allow for additional scout drilling and to follow up on higher priority delineated targets.
Boussoura Project – Burkina Faso
The Boussoura Project is situated in the southern portion of the Houndé Greenstone Belt which is host to several large-scale operating gold mines, including Roxgold’s Yaramoko Mine which is 190km to the north as well as Endeavour Mining’s Houndé and Mana gold mines. The Boussoura Project is located approximately 10 kilometres north of the Côte d’Ivoire border.