Roscan Gold Reports Positive Preliminary Metallurgical Test Results for its Mankouke South Target
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Toronto, September 9, 2020 - RosCan Gold Corp. (TSXV: ROS) (FSE: 2OJ) (OTC Pink: RCGCF) ("Roscan" or the "Company") is pleased to report on bottle roll test work recently completed on crushed rejects of diamond drill samples from the Mankouke South Target. Test work has been completed at ALS Laboratory in Ouagadougou, Burkina Faso in August 2020 and recorded an overall metallurgical recovery of 90% from 139 samples (Table 1).
The preliminary test work (bottle roll) in 2020 was focused on defining the cyanide recoveries that are expected from the Mankouke South project material. Additional work is still required for the metallurgical process at Mankouke South, but no significant metallurgical issues related to gold recovery have been identified from the work to date.
Nana Sangmuah, President and CEO, stated, "Preliminary metallurgical testing shows high recoveries of up to 96.5% in the Mankouke South Target. Further metallurgical test work will be completed in 2021 to determine the variation in gold recoveries between the oxide, transition zones and fresh rock.
We are very excited and encouraged about these initial results, which clearly indicate the potential to recover the gold in a conventional manner."
Lithology Code | Weathering | Fresh Rock (py %) | Recovery (%) | No. of Samples |
Laterite | Laterite | 92.8 | 7 | |
Greywacke | Saprolite | No fresh pyrite | 96.5 | 45 |
Greywacke/Shale | Saprolite | No fresh pyrite | 91.6 | 4 |
Greywacke | Saprolite | With fresh pyrite | 84.0 | 57 |
Greywacke/Shale | Saprolite | With fresh pyrite | 82.0 | 12 |
Polymitic Breccia | Fresh | 90.5 | 14 | |
Total | 90 | 139 |
Table 1: Summary of Preliminary Metallurgical Result for Mankouke South
Gregory Isenor, P.Geo., a Qualified Person as defined by National Instrument 43-101, reviewed the bottle roll test work completed at ALS, and this news release. Gregory Isenor, P.Geo., an Officer and Director of Roscan, has reviewed and approved the scientific and technical disclosure in this news release.
About Roscan
RosCan Gold Corp. is a well-funded 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.
For further information, please contact:
Andrew J. Ramcharan, P.Eng
Executive Vice President - Corporate Development
Tel: (416) 572-2295
Email: aramcharan@Roscan.ca
Greg Isenor, P.Geo
Executive Vice-Chairman
Tel: (902) 832-5555
Email: gpisenor@Roscan.ca
Forward Looking Statements
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at www.sedar.com. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/63403