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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (2453)	8/28/2013 10:34:43 PM
From: Goose94	Respond to of 202423

ROG-V closed 73 cents up 7 cents with 1.2 million shares changing hands Roxgold announced an updated resource estimate for the 55 Zone deposit located on its 100%-owned Yaramoko exploration permit in Burkina Faso. The resource estimate is based on 99,077 m of drilling and produced an Indicated Resource of 850,000 oz Au (1,904,000 tonnes at 13.88 g/t) and an Inferred Resource of 273,000 oz Au (860,000 tonnes at 9.88 g/t). Management stated that Roxgold has progressed the first leg of its three-point strategy with the growth in oz at the 55 Zone and is working toward the completion of the second leg, completing a PEA. In addition, the company is continuing a systematic regional exploration program across the 167km2 Yaramoko permit. Commenting on the results of the updated resource estimate, one Bay Street analyst stated, “We recommend investors build positions in Roxgold based on our view of the company’s high-grade gold resource growth potential at its 100%-owned Yaramoko in Burkina Faso, as well aspotentially strong economics in the maiden PEA, expected later this quarter.”