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 (OTCQB:RCGCF) recently announced promising results from its drilling campaign at the Mankouke South (MS1) zone, totaling 4,920 meters across 22 drill holes. Notable findings include 4.66 gpt gold over 41 meters and 3.18 gpt gold over 26 meters, reinforcing the high-grade potential of the site. The drilling confirms substantial mineralization continuity and indicates a strong prospect for future resource estimates. Approximately 16,000 meters of assay results are still pending, suggesting ongoing positive developments.
Roscan Gold Corporation (OTCQB: RCGCF) announced positive drilling results at the Mankouke South project, totaling 2,456 meters. Highlights include 16.01 gpt gold over 8m from drill hole DDMAN21-118 and 11.88 gpt gold over 6m from hole RCMan21-0058. Assay results from a 9,000m reverse circulation campaign are pending. The company is also in discussions for 19.9% investment to accelerate exploration. The upgraded OTCQB listing is expected to enhance liquidity for U.S. shareholders. Maiden resource estimates are anticipated in H1 2022.
Roscan Gold Corporation announced results from metallurgical testing on gold prospects at the Kandiole Projects in Mali. The tests revealed non-refractory metallurgical characteristics, allowing for effective gold and silver extraction via industry-standard cyanide leaching. Key recoveries included 97% for oxide samples and 90% for fresh mineralization. The testing showed promising results for gravity concentration, with averages of 23% recovery. These findings support the development of a feasible processing flow sheet and enhance the project's economic potential due to potential silver by-products.
Roscan Gold Corporation has initiated a 16,000m drilling program at its Kandiole Gold Project in Mali, post-rainy season. This program includes targets at Mankouke South and Kandiole (KN1), utilizing four drill rigs as of October 19, 2021. The drilling aims to contribute to the maiden mineral resource estimate expected by year-end. The company has previously drilled 27,550m of Diamond and RC holes and 110,000m of Air Core holes in 2021. A backlog of samples is currently at the lab, which may lead to follow-up drilling based on results.
Roscan Gold Corporation announced a successful completion of a strategic investment worth C$6.4 million from Asante Gold Corporation. Asante will acquire 22,086,121 common shares at C$0.29 per share, representing approximately 6.3% of Roscan's shares. This investment aims to enhance the development of the Kandiole Gold Project in West Mali. The agreement stipulates that Asante will vote in line with Roscan's management at shareholder meetings.
Roscan Gold Corporation announces a strategic investment of US$5 million by Asante Gold Corporation to advance its Kandiole Gold Project in West Mali. Asante will purchase 22.1 million common shares at C$0.29 per share, equating to approximately 6.7% ownership in Roscan. The investment supports exploration efforts over 401.8 km² of prospective land. The deal includes an investor rights agreement allowing Asante to appoint a board member. Closing is expected around October 15, 2021, pending regulatory approval.
Roscan Gold Corporation (OTC: RCGCF) announced positive results from 17 additional drill holes at its Southern Mankouke Zone, totaling 2,956 meters. The results reveal open mineralization at depth with a significant high-grade zone traced to 120m depth. Notable drill highlights include 3.53 gpt gold over 17m from RCMAN21-55 and 3.31 gpt gold over 16m from DDMAN21-116. The Mankouke footprint has doubled, with ongoing drilling expected to yield further results in 2021, including a maiden resource estimate by year-end.
Roscan Gold Corporation has announced positive drilling results from its Southern Mankouke Zone. The latest 14 drill holes, totaling 3,066 meters, indicate high-grade gold mineralization at varying depths. Key findings include:
- MS1: 1.43 gpt gold over 10m (including 6.27 gpt over 1m)
- MS3: 2.33 gpt gold over 18m (including 4.95 gpt over 4m)
Roscan Gold Corporation announced a leadership transition with Greg Isenor becoming a non-executive director effective July 1, 2021, as part of a succession plan. Isenor has supported Nana Sangmuah, the current President and CEO, for the past 18 months. Also, Bruce Ramsden has been promoted to Executive Vice President while continuing as CFO. The board granted 600,000 stock options to Isenor and 500,000 to Ramsden at an exercise price of $0.41. Roscan is focused on gold exploration in West Africa, holding multiple permits in high-potential regions.
Roscan Gold Corporation announced promising additional drill results from its Regional Targets, including Walia, Kandiole North, and Moussala North. Notably, gold mineralization has been identified down to 190m and 230m in Walia and Kandiole North, respectively, with a significant success rate of approximately 90% in drilling. Highlights include 25.70 gpt gold over 2m at Walia and 5.77 gpt gold over 10m at Moussala North. Roscan's exploration strategy appears effective, enhancing confidence in the potential of its 401.8 km² land package, aimed at advancing toward delineating mineral resources.
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