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Roscan Gold Corp V.ROS

Alternate Symbol(s):  RCGCF

Roscan Gold Corporation is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The Company has assembled a significant land position of 100%-owned permits in an area of producing gold mines (including B2 Gold’s Fekola Mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole Project in West Mali. The Kandiole Project consists of nine contiguous gold prospective permits, encompassing approximately 402 square kilometers, located within the Kenieba Cercle, an administrative sub-area of the Kayes Region, approximately 400 kilometers (km) west of Bamako, the capital of Mali in West Africa. The prospective gold permits include Dabia South, Kandiole North, Kandiole West, Mankouke West, Moussala North, Niala, Segando South, Bantanko East, and Segondo West.


TSXV:ROS - Post by User

Post by rockhead7on Oct 03, 2021 9:53am
399 Views
Post# 33958538

Resource estimate

Resource estimateWhat would be considered a good number for the maiden resource estimate?  Obviously this is not the final one but at what number would the market get excited? I am sure that the investors who just put in $5MM have been shown the working papers, if not the final report.  They proceeded to invest at a premium to market.  Whatever the number, it is going to be of special interest to Barrick and B2, a sizable addition to reserves that is right next door, so to speak.  In their hands the value of the incremental ounces fall straight to the bottom line.  So, any guesses?  Remember this is chapter one not the whole story.
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