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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 taylor1988on Oct 18, 2016 9:19pm
284 Views
Post# 25358709

Seeking Alpha Article on RoxGold

Seeking Alpha Article on RoxGoldSkeptics may point to Roxgold's limited resources as a concern going forward, as their mine life may be limited to less than a decade. Fortunately for investors the company has had great success on the exploration front and released a maiden resource estimate for their QV and QV1 Zones earlier this year. The resource estimate for their QV zones located 1.8 kilometers south of their current 55 zone (the site of their current production) was another 220,000 ounces at 12.14 grams per tonne gold. This resource was derived from only 1 year of exploratory drilling and is at a 5% higher grade than their main 55 Zone deposit...

Roxgold is well known as it went from its first discovery hole into a producer in less than 5 years time. This is nearly unheard of in the industry, and is a testament to the strength of their management team's ability to deliver....

To read more, follow this link


Seeking Alpha Article
Bullboard Posts