Welcome to our dedicated page for Roscan Gold news (Ticker: RCGCF), a resource for investors and traders seeking the latest updates and insights on Roscan Gold stock.
Roscan Gold Corporation (RCGCF) is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa, with its primary attention on the Kandiole Gold Project in West Mali. The Roscan Gold news feed on Stock Titan brings together company announcements that reflect its progress in the gold sector and its activities as a junior mining issuer.
In recent disclosures, Roscan has reported a range of corporate and project updates that are relevant to investors following gold exploration and development stories. These include financing transactions such as secured convertible note placements and extensions to secured subordinate promissory notes, which the company indicates are used for general corporate and working capital purposes. News items also cover regulatory milestones in Mali, including the partial lifting of a suspension on mining title processing and the renewal of key exploration permits that support the advancement of the Kandiole Gold Project.
Roscan’s news releases highlight technical and project-related information, such as its Mineral Resource Estimate and conceptual exploration target at Kandiole, as well as commentary from management on the transition from exploration toward development and the pursuit of a mining permit and Preliminary Economic Assessment. Corporate governance developments, including changes to the board of directors and stock option grants, are also disclosed.
Investors can use this news page to follow Roscan’s participation in mining-focused investor events, updates on its financing structure, and developments in Mali’s mining regulatory environment. For those tracking RCGCF, the news stream provides context on how Roscan is managing its gold exploration portfolio, advancing Kandiole, and engaging with capital markets and stakeholders over time.
Roscan Gold Corporation has granted 3,276,037 stock options to a director, allowing the purchase of common shares at $0.34 each, expiring on June 28, 2027. The options are subject to a four-month hold period. Roscan focuses on gold exploration in West Africa, owning significant permits near major gold mines, including B2 Gold's Fekola Mine. The company emphasizes its strong position in the gold sector and aims to advance its exploration initiatives.
Roscan Gold Corporation (OTCQB: RCGCF) announced promising drill results from its Kandiole North and Disse projects. The gold mineralization at Kandiole KN1 extended 125 meters beyond the previous limit, with highlights including 7.62 gpt gold over 10m. At Disse, high-grade intervals were recorded, including 3.04 gpt gold over 12m. These findings suggest significant expansion potential for both projects, which are not yet included in the maiden resource estimation. Further drilling is anticipated to enhance understanding of the mineralized zones.
Roscan Gold Corporation (OTCQB:RCGCF) announced ongoing exploration activities aimed at increasing its mineral resources beyond the recently established first mineral resource estimate (MRE). Currently, 17,890 meters of a 20,000 meter drilling program have been completed, revealing potential additional resources of 8Mt to 30Mt at grades between 0.8 g/t Au and 1.1 g/t Au. The use of the LeachWELL assay process has shown improvements in grades, with only 18% of current drilling assayed thus far. The company emphasizes excitement over growth opportunities in various target areas.
Roscan Gold Corporation reports a robust initial interim NI 43-101 compliant Mineral Resource estimate at its Kandiole project in Mali. The estimate includes 27.4 million tonnes grading 1.2 g/t Au totaling 1.02 million ounces in the Indicated category and 5.2 million tonnes at 1.2 g/t Au totaling 198,000 ounces in the Inferred category. A low strip ratio resource is indicated at Mankouke South, with a starter pit potential of 377,000 ounces at 2.6 g/t. The results underscore significant exploration upside for resource growth.
Roscan Gold Corporation (OTCQB:RCGCF) announced positive Reverse Circulation (RC) drilling results at its Kabaya project, totaling 53 holes across 5,969 meters. The company aims to discover new gold zones and enhance existing resources. The drilling revealed an estimated strike of 200m at KB3, while the infill drilling at KB1 and KB2 has improved gold continuity. Key drilling highlights include 2.09 gpt gold over 21m and 1.49 gpt gold over 28m. The company is optimistic about its forthcoming maiden resource estimate set for Q2.
Roscan Gold Corporation announced that Srinivasan Venkatakrishnan will not seek re-election at the upcoming Annual General Meeting on April 26, 2022, as he transitions to Chairmanship of Endeavour Mining Plc in May 2022. Venkat will continue in an advisory capacity to ensure a seamless transition. Sir Sam Jonah, Chairman, acknowledged Venkat's significant contributions to building a robust foundation for Roscan's exploration activities in Mali, particularly in gold-rich regions.
Roscan Gold Corporation has announced a C$5 million non-brokered private placement with strategic investors to enhance its Kandiole Gold Project in West Mali. The strategic investors will purchase 12.5 million common shares at C$0.40 each, representing an 11% premium over the 30-Day VWAP as of February 25, 2022. Proceeds will fund exploration efforts targeting a maiden resource estimate in Q2 2022. Closing of the offering is anticipated by March 31, 2022, pending regulatory approvals.
Roscan Gold Corporation (OTCQB: RCGCF) announced on February 15, 2022, the issuance of stock options and Restricted Stock Units (RSUs). A total of 2,340,980 options were granted to a director, vesting immediately, with an expiration date of February 24, 2027, based on a closing price of $0.39 on February 23, 2022. Additionally, 3,000,000 RSUs were granted to the CEO, with 2,000,000 vested and 1,000,000 contingent on performance criteria. Notably, the stock price has increased by 300% since key executives joined the company.
Roscan Gold Corporation (OTCQB: RCGCF) has announced promising drill results from five Reverse Circulation holes at the Disse target, revealing over 135 meters of mineralization near the surface. Key results include 7.29 gpt gold over 6m and 15.09 gpt gold over 2m. The company plans further drilling to extend the gold strike and is preparing for a maiden resource announcement by the end of Q2 2022. The findings indicate significant potential for additional discovery in the area, bolstered by ongoing drilling and assay work.
Roscan Gold Corporation (OTCQB:RCGCF) announced encouraging results from its recent drilling campaign at Kandiole North (KN1). The gold mineralization shows significant lateral and vertical expansion, reaching depths of 275m. Key drill results include 2.04 gpt gold over 25m and 5.93 gpt over 6m, highlighting the area's potential. Future drilling is planned to explore additional targets, which could significantly increase the company's resource estimates and support production at the Kandiole project.
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