Roxgold Receives Mining Permit and Breaks Ground at Séguéla Ahead of Initial Gold Production In 2022 businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.
Roxgold grows Seguela resources in West Africa December 15, 2020
Commodities
The latest resource estimate for
Roxgold‘s Seguela gold project in Cote d’Ivoire has increased total ounces, grown total indicated resources by 97%, and features an initial inferred resource for the Koula deposit.
Indicated resources across the Antenna, Ancien, Agouti and Boulder deposits now total 12.8 million tonnes grading 2.5 g/t gold, for a total of 1 million gold oz. This represents a 97% increase in the contained ounces when compared with the April 2020 estimate, which defined 7.1 million indicated tonnes grading 2.3 g/t gold.
Inferred resources at the four deposits above, plus the Koula deposit 1 km east of Antenna, host 2.4 million tonnes at 4.8 g/t gold, totalling 370,000 gold oz. This compares with 5.4 million inferred tonnes grading 2.9 g/t gold previously. This 27% ounce decrease is due to the upgrade of prior resources to the inferred category.
Roxgold grows Seguela resources in West Africa
Drilling at Roxgold s Seguela gold project in Cote d Ivoire. Credit: Roxgold.
Gold miner
Roxgold (TSX: ROXG; US-OTC: ROGFF) has released an updated resource estimate for its Seguela gold project in Cote d’Ivoire. The update features growth in the total ounce inventory, a 97% increase in the total indicated resources as well as an initial inferred resource for the Koula deposit.
Indicated resources across the Antenna, Ancien, Agouti and Boulder deposits now total 12.8 million tonnes grading 2.5 grams gold per tonne, for a total of 1 million gold ounces. This represents a 97% increase in the contained ounces when compared with the April 2020 estimate, which defined 7.1 million indicated tonnes grading 2.3 grams gold. Per tonne
Roxgold Increases Indicated Mineral Resources by 97% to Over 1 Million Ounces at Séguéla; Reports Maiden Inferred Mineral Resource at Koula of 281,000 oz at 8.1 GPT AU businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.