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09/3/13 - C$0.76
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roxgold inc (ROG) Details

Roxgold Inc., an exploration stage company, acquires, explores, and evaluates mineral properties. It primarily explores for gold. The company’s principal asset is the 100% owned Yaramoko exploration permit that covers an area of approximately 16,700 hectares located in the Houndé greenstone region of Burkina Faso, West Africa. Roxgold Inc. is headquartered in Toronto, Canada.

roxgold inc (ROG) Top Compensated Officers

Chief Executive Officer, President, Non Indep...
Total Annual Compensation: C$62.5K
Chief Operating Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

roxgold inc (ROG) Key Developments

Roxgold Intercepts Additional High Grade Results in Regional Exploration Drilling at Yaramoko

Roxgold Inc. provided an update on its ongoing regional exploration program at its 100% owned Yaramoko gold permit. The company has encountered further high grade drill results at its Bagassi South prospect in follow up drilling to its 2013 campaign which included 41.7gpt Au over 4.4 metres in drill hole YRM-KD-BG-15. Hole YRM-14-BG-038 extended high grade mineralization on QV1 a further 50 metres to the North West and recent field mapping has identified artisanal workings approximately 500 metres along strike to the North West. Anomalous results have also been identified at the Haho target where the Company recently completed an Induced Polarization Survey to better target key structures along the kilometre-long geochemistry anomaly already defined there. The outcomes of this latest round of regional exploration drilling reinforce existing confidence in the regional potential on the permit in view of the presence of significant gold mineralization in numerous areas. Three regional targets were tested in this program: Bagassi South, the 117 Zone and the Haho Target. At Bagassi South 13 holes were completed testing targets at QV1, QV2 and QV3. Mineralization at Bagassi South occurs within a set of en echelon veins hosted on the edge of a granitic intrusion 1.8 kilometres to the south of the 55 Zone. Mineralization has been encountered within three veins to date with the majority of the drilling being conducted along the QV1 target. Drilling along QV1 tested the expansion potential for QV1 to the South East and North West of the existing drilling. While anomalous mineralization was encountered in drilling to the south, higher grade mineralization over significant intervals was intersected to the North West extending the strike length by 50 metres. A newly sampled set of artisanal workings lies along strike approximately 500 metres to the North West of the existing drilling and the Company plans to evaluate this trend for further expansion to the North West. Drilling at QV2 and QV3 intersected weakly anomalous results despite the presence of active artisanal mining on these sites and more modelling work is planned prior to further drilling. Drilling at the 117 Zone intersected veining and alteration co-incident with the expected location of the target zone. Anomalous results, including 1.15 gpt over 1.98 metres in diamond drill hole YRM-14-117-005, were encountered in the three holes drilled at this location. All holes intersected the structure as planned and more follow-up will be conducted in this area. Haho is a large target area overlain by alluvial cover with an East West trending outcrop of granite along the northern end of the target with active artisanal workings. Scout drilling at Haho targeted structures under cover as well as structures identified along the outcropping northern part of the target. Encouraging anomalous results as well as high grade surface results of up to 13 gpt continue to confirm the presence of gold mineralization in this area. The Haho area is a three by three kilometre large target area occurring along the intersection point between gold bearing North West trending structures and gold bearing East West trending structures and the contact between the major structural and chemical boundary of the sediments along the Boni Shear.

Roxgold Inc. Announces Commencement of Diamond Drilling Program on the Bagassi South Target

Roxgold Inc. announced that it has commenced a 5,000 metre diamond drilling program on the Bagassi South target at its 100% owned Yaramoko permit located on the Houndé Greenstone Belt in Burkina Faso. Further testing of high grade Bagassi South structure, drill testing of multiple parallel, en echelon structures, testing of intersections between major structures identified through apping and IP surveys, initial drill results intersected high grade gold mineralization including: 41.70 grams per tonne gold over 4.4 metres in drill hole YRM-KD-BG-15, 24.95 gpt gold over 3.8 metres in drill hole YRM-KD-BG-11, 10.97 grams per tonne gold over 2.56 metres within a wider intercept of 2.53 gpt over 13.93 metres in drill hole YRM-13KD-BG-023 and 14.4 gpt over 0.48 metres in diamond drill hole YRM-13KD-BG-019. The intent of this drill program is to continue to delineate the high grade structure intersected in previous drilling at QV1 and to further test parallel, en echelon structures that have been defined in the area as well as what appears to be a secondary structure linking these veins. So far three en echelon veins have been identified, QV1, QV2 and QV3 as well as the North West trending connector structure.

Roxgold Inc. Presents at Mining INDABA, Feb-04-2014 09:47 AM

Roxgold Inc. Presents at Mining INDABA, Feb-04-2014 09:47 AM. Venue: Cape Town International Convention Centre, 1 Lower Long Street, Cape Town 8001, South Africa. Speakers: John Andrew Dorward, Chief Executive Officer, President, Non Independent Director and Member of Health, Safety, Sustainability & Technical Committee.


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