Roxgold/Riverstone connectionYaramoko is one of three gold exploration concessions in the greenstone belts of Burkina Faso, West Africa: (Yaramoko, Bissa West and Solna) in which Roxgold has an option to earn up to a 60% interest from Riverstone Resources. The targets are greenstone hosted gold targets similar to those which have generated numerous exploration successes and new mine developments in Burkina Faso. The Phase 1 drill program at Yaramoko is scheduled for completion in January 2011 after which Roxgold will continue with 2,500 meter drill programs on Bissa West (rock samples up to 19.0 gpt gold and widespread artisanal workings) and Solna (trench results include 7.34 gpt gold over 7.5 meters). Follow up Phase 2 work at Yaramoko will consist of additional reverse circulation and core drilling based on the Phase1 results.
Riverstone owns all of Karma, it's most advanced project. Roxgold is funding exploration at the other projects.
Yaramoko is in close proximity to Mana the Semafo owned mine that has recently indicated it would expand.