Roscan Starts Phase Two Drilling at Its Kandiolé Project In Western Mali
Toronto, February 14, 2019 – Roscan Gold Corporation (“Roscan” or the “Company”) (TSX-V: ROS) is pleased to announce it is continuing its drill program at its Kandiole Project in Mali, West Africa. This drill program was initiated to follow-up on the recent gold discovery at its Mankouke permit (see location map and cross-section below), where an initial Air Core (AC) drill program (see news release of January 24, 2019) returned grades of:
• 5.94 g/t gold over 14 metres (including 26.7 g/t gold over 2 metres)
• 8.68 g/t gold over 14 metres (including 41.5 g/t gold over 2 metres)
• 8.47 g/t gold over 18 metres (including 29.0 g/t gold over 4 metres)
• 3.06 g/t gold over 8 metres (laterite-hosted)
• 2.71 g/t gold over 4 metres (laterite-hosted)
Note: True widths cannot be determined with the information available
Drilling access roads are being constructed and a multi-purpose drilling rig (AC and reverse circulation capability) is being mobilized. The drill program has been designed to test for the extensions of the mineralization discovered.
The technical content in this news release has been reviewed and approved by Gregory P. Isenor, P. Geo, a Qualified Person as defined by NI 43-101.
Roscan Gold Corporation is a Canadian gold exploration company focused on the acquisition and exploration of gold properties in West Africa. The Company has assembled a significant land position of 100%-owned permits in an area of producing gold mines (including B2 Gold’s Fekola Mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole Project in west Mali.
For further information, please contact:
President and Chief Executive Officer
Tel: (902) 832-5555 or (416) 293-8437
Forward Looking Statements
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company’s management’s discussion and analysis as filed under the Company’s profile at www.sedar.com. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.
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