On track to become the next multi-asset producer in West Africa
Roxgold is a Canadian-based gold mining company with assets located in West Africa. Further, the Company owns and operates the high-grade Yaramoko Gold Mine. The mine is located on the Houndé greenstone belt in Burkina Faso. They’re also advancing the development and exploration of the Séguéla Gold Project located in Côte d’Ivoire.
The Yaramoko gold mine consists of two high-grade underground gold mines: the 55 Zone and Bagassi South.
Moreover, Roxgold is focusing on pursuing accretive growth opportunities. They acquired the Séguéla gold project, located in Côte d’Ivoire, thus adding a second key asset with immediate additional resource upside and large prospective land package.
Séguéla Gold Project
The Project is located approximately 240 kilometres north-west of Yamoussoukro, the political capital of Côte d’Ivoire. It’s also approximately 480 kilometres north-west of Abidjan, the commercial capital of the country.
The Séguéla Project consists of the resource-defined, near surface Antenna, Agouti, Boulder and Ancien deposits that are ideally located near existing infrastructure including grid power, transport and water resources. Furthermore, there are an additional 22 highly prospective targets within a total land package of 36,300 hectares.
An updated NI 43-101 mineral resource was announced for Séguéla in January 2020 containing an Indicated Resource of 7.1 million tonnes at 2.3 grams per tonne for 529,000 ounces of gold, and an Inferred Resource of 5.2 million tonnes at 2.8 grams per tonne for an additional 471,000 ounces of gold. A Preliminary Economic Assessment will be completed on Séguéla in early second quarter 2020.
For more information on Roxgold Inc. (TSX: ROXG, OTCQX: ROGFF) please fill out the form below.