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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
Comment by Cocopeleon Apr 25, 2012 7:47am
270 Views
Post# 19832601

Expert Analysis

Expert Analysis

 

Expert Analysis

Hendrick Visagie, Pope & Company (4/24/12) "Roxgold Inc. received assay results for 21 core holes from its phase 3 Yaramoko drilling program. . .based on a recent site visit to Yaramoko, it became readily apparent that mineralization of the 55 zone was unlike most other deposits in Burkina Faso. Our geologist noted in relation to other deposits, the 55 zone displayed relatively narrow widths and higher grades. . .using a conservative approach to modeling, we estimate that near-surface drilling has identified ~550–700 Koz."

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