Toronto-based Roscan Gold Corporation (TSX-Venture: ROS) announced positive diamond drill results from an additional 10 holes totaling 1,855 metres (m) at its Mankouke South Target in Mali. Drill hole DDMan-20-41 intersected a high-grade interval in fresh rock of 14m @ 1.79gpt gold.
The regional upside potential of the Kandiole Project, outside Mankouke South, is considerable with seven key targets. Initial drilling at Kandiole prospect provides strong impetus for testing near surface and deep mineralization during the next few months. Exciting results at Kandiole included drill hole ACKAN20-39 which intersected four metres @ 11.3gpt gold.
Deposits around Souther Mankouke, for example, yielded 5.16 gpt gold over 65.0m from drill hole DDMan-20-34 from 93.2m; another hole gave up 4.03 gpt gold over 28.5m from drill hole DDMan-20-34 from 23.7m
Shares in ROS rocketed 4.5 cents, or 11.7%, early Monday afternoon to 43 cents, on 1.7 million shares.