AMN - BURKINA FASO: Yaramoko completion expected this month

Roxgold has announced the results of a maiden mineral resource statement for the QV1 target on the Yaramoko permit where the company is constructing the Yaramoko gold project with anticipated completion this month.

The resource estimate is based on 114 core boreholes totalling some 27,000 metres of drilling and has been prepared in accordance with NI 43-101 Standards of disclosure for mineral projects. Highlights:

-          Inferred mineral resource estimated at 563,000 tonnes at 12.14 grams/tonne gold at a cut-off grade of 5.0 grams/tonne gold

-          QV1 structure remains open down plunge

-          Further exploration potential at QV Prime and foot wall (FW) zone

Roxgold president and CEO John Dorward says: "We are pleased to be able to show another milestone in terms of growth on the Yaramoko permit. As we continue to focus on delivering the Yaramoko gold project on time and on budget, with first gold scheduled in June, we are encouraged to have a second mineral resource on the Yaramoko permit that highlights the prospectivity of the permit and Roxgold's potential for organic growth."

The high grade Yaramoko gold project is located in the Houndé greenstone region of Burkina Faso.

www.roxgold.com

News courtesy of International Mining