Roscan Gold Intersects 5.35gpt Gold over 53m in DDH-79 at Southern Mankouke and 3.99gpt over 17m in Fresh Rock in DDH-77
Southern Mankouke - Diamond Drilling Highlights:
5.35 gpt gold over 53m from drill hole DDMAN20-79 from 126.5m
Including 7.78 gpt gold over 5m from 128.5m
And 12.5 gpt gold over 12m from 157.5m
And 2.52 gpt gold over 47m from drill hole DDMAN20-79 from 45.5m
Including 10.3 gpt gold over 6m from 72.5m
2.84 gpt gold over 40m from drill hole DDMAN20-70 from 114.5m
Including 6.23 gpt gold over 4m from 121.5m
And 7.06 gpt gold over 8m from 144.5m
13.9 gpt gold over 6m from drill hole DDMAN20-81 from 53.5m
Including 36.7 gpt gold over 2m from 56.5m
3.99 gpt gold over 17m from drill hole DDMAN20-77 from 166.3m
Including 8.43 gpt gold over 4m from 168.3m
Toronto, Ontario--(Newsfile Corp. - November 23, 2020) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTC Pink: RCGCF) ("Roscan" or the "Company") is pleased to announce positive diamond drill results (Figure 1) from an additional 16 holes totaling 3,241 meters (m) at its Southern Mankouke Discovery. DDMan-20-79 (Figure 1 and Figure 2) intersected 5.35 gpt over 53m from 126.5m, including 12.5 gpt over 12m. Additionally, hole DDMan-20-77 intersected 3.99 gpt over 17m from 166.3m in Fresh Rock (Figure 3).
This very important discovery at Southern Mankouke has a strong magnetic signature and we plan to conduct a detailed interpretation of the recently completed air borne geophysical survey to assist in further drilling. Additional drilling will be required to further outline this strong hydrothermal system now with the confidence in the existence of a "root" source. The "structural corridor" in this area has become more evident as we continue drilling.
Drilling has intercepted un-oxidized material in at least seven holes (DDMan20-25, 41,52,54,61, and 77) in 2020. These fresh rock-sulphide intercepts clearly demonstrate an association of gold with disseminated pyrite, minor arsenopyrite and hydrothermal alteration which includes sericite-silica- dolomite/ankerite-albite-magnetite and quartz veining (mainly veinlets). The style of alteration encountered is typical of other gold deposits found in the region including Sadiola, Loulo Deposits and Fekola.
Drilling Highlights:
Southern Mankouke - Diamond Drill Holes
5.35 gpt gold over 53m from drill hole DDMAN20-79 from 126.5m
Including 7.78 gpt gold over 5m from 128.5m
And 12.5 gpt gold over 12m from 157.5m
This very important discovery at Southern Mankouke has a strong magnetic signature and we plan to conduct a detailed interpretation of the recently completed air borne geophysical survey to assist in further drilling. Additional drilling will be required to further outline this strong hydrothermal system now with the confidence in the existence of a "root" source. The "structural corridor" in this area has become more evident as we continue drilling.
Drilling has intercepted un-oxidized material in at least seven holes (DDMan20-25, 41,52,54,61, and 77) in 2020. These fresh rock-sulphide intercepts clearly demonstrate an association of gold with disseminated pyrite, minor arsenopyrite and hydrothermal alteration which includes sericite-silica- dolomite/ankerite-albite-magnetite and quartz veining (mainly veinlets). The style of alteration encountered is typical of other gold deposits found in the region including Sadiola, Loulo Deposits and Fekola.
Drilling Highlights:
Southern Mankouke - Diamond Drill Holes
5.35 gpt gold over 53m from drill hole DDMAN20-79 from 126.5m
Including 7.78 gpt gold over 5m from 128.5m
And 12.5 gpt gold over 12m from 157.5m
And 2.52 gpt gold over 47m from drill hole DDMAN20-79 from 45.5m
Including 10.3 gpt gold over 6m from 72.5m
2.84 gpt gold over 40m from drill hole DDMAN20-70 from 114.5m
Including 6.23 gpt gold over 4m from 121.5m
And 7.06 gpt gold over 8m from 144.5m
13.9 gpt gold over 6m from drill hole DDMAN20-81 from 53.5m
Including 36.7 gpt gold over 2m from 56.5m
3.99 gpt gold over 17m from drill hole DDMAN20-77 from 166.3m
Including 8.43 gpt gold over 4m from 168.3m
And 2.40 gpt gold over 18m from drill hole DDMAN20-77 from 80.5m
Including 9.60 gpt gold over 2m from 83.5m
3.52 gpt gold over 12m from drill hole DDMAN20-72 from 112.5m
Including 9.94 gpt gold over 3m from 116.5m
34.0 gpt gold over 1m from drill hole DDMAN20-76 from 135.5m
1.97 gpt gold over 11m from drill hole DDMAN20-64 from 61.5m
Including 7.83 gpt gold over 2m from 70.5m
3.34 gpt gold over 6m from drill hole DDMAN20-69 from 57.5m
Including 16.3 gpt gold over 1m from 62.5m
Notes: 1: True width yet to be determined, 2: Table 1 - Assay Highlights, 3: 0.5gpt used as cut-off with 4m internal dilution for drill holes, and 2m internal dilution for regional drill holes, 4: No top-cut.
Nana Sangmuah, President and CEO, stated, "These positive results further confirm the continuity of the mineralization at Southern Mankouke and we are pleased to have encountered more fresh rock in both old and new intercepts. We remain confident that the feed source of the hydrothermal alterations should culminate in tracing a big system analogous to some of the known large deposits in the region with similar lithological controls.
"We remain focused on testing the full potential of our tenement package in order to yield more discoveries and expand on the success at Southern Mankouke (Figure 2). Drilling in 2020 continues to unlock the potential of our highly prospective land package which should lead to more news flow in the coming weeks."
Figure 1: Plan View of the Southern Mankouke Drilling
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4821/68650_afc22c4b044d787b_001full.jpg
Figure 2: Longitudinal View Depicting Depth and High-Grade Continuity
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/4821/68650_afc22c4b044d787b_002full.jpg
Figure 3: Cross Section Depicting the Extension to Vertical Depth - DDMan-20-77
To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/4821/68650_afc22c4b044d787b_003full.jpg
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4821/68650_afc22c4b044d787b_001full.jpg
Figure 2: Longitudinal View Depicting Depth and High-Grade Continuity
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/4821/68650_afc22c4b044d787b_002full.jpg
Figure 3: Cross Section Depicting the Extension to Vertical Depth - DDMan-20-77
To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/4821/68650_afc22c4b044d787b_003full.jpg
See the whole press release here: https://www.newsfilecorp.com/release/68650/Roscan-Gold-Intersects-5.35gpt-Gold-over-53m-in-DDH79-at-Southern-Mankouke-and-3.99gpt-over-17m-in-Fresh-Rock-in-DDH77
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