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Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d'Ivoire, West Africa. The company's primary income is derived from the sale of gold.


TSX:ROXG - Post by User

Bullboard Posts
Post by digger144on Jan 08, 2013 10:48pm
278 Views
Post# 20813180

Longitudinal Section...

Longitudinal Section...

Click on the following:

https://www.roxgold.com/i/pdf/LS-04-01-2013-annot-V3.pdf

It is very important to to pay attention to what is happening as they chase the mineralized zone to depth...todays release was most definitely very promising...excellent high-grade hits at depth!

At the very top of the diagram you will find the headings...spaced 100 metres apart.

The mineralization at surface begins at heading 8,800 ME and ends at heading 9,500 ME for a total strike length of 700 metres...Nice!

The left hand border has the vertical depth indicators...again spaced 100 metres apart.

Locate the 400 metre vertical depth marker and follow it over to the mineralized zone...the zone begins at heading 9,400 ME and ends at heading 9,800 ME, a strike length of 400 metres...Nice...once more!

Repeat at a vertical depth of 700 metres...the zone begins at heading 9,700 ME and ends at heading 10,100 ME...the mineralization has maintained it strike length a further 300 metres to depth.  The "dip" has shifted to the East but has maintained the strike length...very Nice!

Infill drilling will continue to outline the mineralized zone with the West to East parameters becoming quite clear.  However, what is yet to be defined is the dimensions of the zone moving North to South...very important to be sure!

We are in the early stages of a significant Mine...yes...most definitely a Mine in the making...furthermore the most excellent high-grade mineralization at or near surface will provide a quick pay back in the early stages...this will be most evident as they get into the later stages of pre-feasibility studies and progress from there.

The market will get it...give it time!

Digger144

P.S.  The market moving forward will select plays like this and build in a premium for such...low capital expenditures...low risk...high investment returns.

 

Bullboard Posts