To: Goose94 who wrote (20165 ) 11/29/2016 8:06:57 AM From: Andrew~ Read Replies (2) | Respond to ROG-V Roxgold Step Out Drilling Intersects 23.8 Metres of 20.1 g/t Gold at Zone 55Roxgold Inc. ( TSX.V: ROG ) ("Roxgold" or "the Company") is pleased to announce initial results from its exploration drilling program at Zone 55 on the Yaramoko Gold Mine which is targeting extensions to the existing deposit.Highlights: Zone 55 Drilling Drill results reported today account for approximately 5,300 metres of drilling from a total of 6 diamond drill holes out of the planned 15,000 metre program. The drilling program at Zone 55 is designed to target areas below the current mine envelope. The two primary goals of the program are to convert a portion of the current inferred resource to indicated status and to drill test the 55 Zone extension down plunge below the current inferred resource boundary. Results from this program continue to confirm the robustness and continuity of the 55 Zone with Hole YRM-16-DD-426 intersecting a thick zone of high grade mineralization at a vertical depth of 960 metres below surface, representing the deepest hole to ever intersect the 55 Zone.FIGURE 1 ). TABLE 1: Summary of Zone 55 Results from Deep Drilling Program
Hole ID Azi Dip EOH Depth From Depth To Over (m) True Width (m) Grade (g/t) Zone 55 YRM-16-DD-422A 2 -58 679.9 650.0 651.7 1.6 1.0 3.6 and 667.0 668.0 1.0 0.6 14.7 YRM-16-DD-423 356 -59 691.3 659.7 668.5 8.8 6.3 3.6 YRM-16-DD-424 6 -59 893.2 866.4 876.4 10.0 5.8 5.1 Including 873.9 875.7 1.8 1.1 18.6 YRM-16-DD-425B 5 -59 876.0 854.7 858.9 4.2 2.8 NSR YRM-16-DD-426 5 -61 1,111.4 1,064.7 1,088.5 23.8 10.6 20.1 Including 1,065.0 1,072.2 7.2 3.2 50.4 YRM-16-DD-427 3 -62 1,026.4 1,004.0 1,008.6 4.6 2.1 3.4
*Results are reported uncapped. Bagassi South The fourth quarter drilling program at Bagassi South commenced on November 12th, 2016. A total of approximately 4,000 metres of drilling is planned to target expansions to the inferred resource at the QV' structure. This drilling program is expected to be completed in late December.Qualified Persons Yan Bourassa, P.Geo, Vice President of Geology for Roxgold Inc., is a Qualified Person within the meaning of National Instrument 43-101, having verified and approved the technical data disclosed in this press release. This includes the sampling, analytical and test data underlying the information.Quality Assurance/ Quality Control The holes were drilled with NQ2 sized diamond drill bits for drill holes reported in this press release. Company personnel are located at the drill site. Employees of Roxgold conducted all logging and sampling. The core was logged, marked up for sampling using standard lengths of two metres outside of the "zone" and adjusted to lithological contacts up to one metre within the "zone". Samples are then cut into equal halves using a diamond saw. One half of the core was left in the original core box and stored in a secure location at the Roxgold camp within the Yaramoko area. The other half was sampled, catalogued and placed into sealed bags and securely stored at the site until it was shipped to Activation Laboratories located in Ouagadougou (the "Lab"). The core was dried and crushed by the Lab and a 150 gram pulp was prepared from the coarse crushed material. The Lab then conducted routine gold analysis using a 50 gram charge and fire assay with an atomic absorption finish. Samples returning over 5.0 gpt were also analysed by gravimetric analysis. Quality control procedures included the systematic insertion of blanks, duplicates and sample standards into the sample stream. In addition, the Lab inserted its own quality control samples.About Roxgold Roxgold is a gold mining company with its key asset, the high grade Yaramoko Gold Mine, located in the Houndé greenstone region of Burkina Faso, West Africa. The Company declared commercial production on October 1, 2016. Roxgold trades on the TSX Venture Exchange under the symbol ROG and as part of the Nasdaq International Designation program with the symbol OTC: ROGFF.
