Roscan Gold Corporation (TSX-Venture:ROS) announced Monday depth continuity in mineralization and positive diamond drill results from an additional four holes totaling 771 metres (m) at its Mankouke South Target in West Mali.
The Toronto-based junior miner declared the drill program has extended the depth of the Southern Mankouke Target from 80m in February to 120m in mid-April and to 155m currently. Additionally, drillhole DDMan-20-31 depicts the depth potential to the North. The high grades over large widths shown with these most recent drill holes have extended the depth of this target.
Highlights included samplings of 4.84 gpt gold over 62.0m from drill hole DDMan-20-29 from 39.2m.
Said CEO Nana Sangmuah, "We are very pleased with these wide, high-grade diamond drill holes results which represent the highest gram- meter intersections to date. These results support a mineralization to an approximate 155m depth which remains open. The geological understanding at our project is clearly improved with this round of drilling.”
Shares leaped early Monday afternoon by a nickel, or 19.2%, to 31 cents, on volume of 4.8 million shares.
