{"id":1191025,"date":"2020-06-18T13:34:46","date_gmt":"2020-06-18T18:34:46","guid":{"rendered":"https:\/\/www.mining.com\/?p=1027358"},"modified":"2020-06-18T13:34:46","modified_gmt":"2020-06-18T18:34:46","slug":"roscan-expands-kandiole-in-mali","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1191025","title":{"rendered":"Roscan expands Kandiole in Mali"},"content":{"rendered":"

Roscan Gold has signed a definitive agreement with Komet Resources to purchase the 35-sq.-km Dabia Sud gold property, which lies directly north of the company\u2019s 254-sq.-km Kandiole project in the western part of Mali.<\/p>\n

In May, Roscan entered into a binding letter of intent with Komet for this purchase. To acquire the asset, the company will make a C$1.6-million payment and issue C$1.6 million worth of its shares to the vendor. Closing is expected by the end of this month.<\/p>\n

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Roscan also announced an increase to its drill budget for Kandiole \u2013 the company plans to drill 45,000 metres this year<\/p>\n<\/blockquote>\n<\/figure>\n

\u201cOur goal is to immediately commence exploration after the acquisition,\u201d Nana Sangmuah, the company\u2019s president and CEO, said in a release. \u201cExploration focus at the Dabia Sud gold property will be to evaluate the highly prospective regional targets at Komet Mali with our updated drill program.\u201d<\/p>\n

The Dabia Sud property includes a historical pit-constrained resource estimate of 3.2 million indicated tonnes grading 1.03 g\/t gold and 1 million indicated tonnes at 1.14 g\/t gold, based on a 0.4 g\/t gold cut-off grade. These estimates are based on a heap leach gold recovery with an average drill depth of 80 metres.<\/p>\n

Roscan also announced an increase to its drill budget for Kandiole \u2013 the company plans to drill 45,000 metres this year (up from 30,000 metres previously).<\/p>\n

Kandiole hosts a 7-km-long prospective corridor as well as eight exploration targets. <\/p>\n

In May, the company released drill results from the Mankouke South target: these include 62 metres of 4.84 g\/t gold and 46 metres of 4.76 g\/t gold. The project is within 25 km of B2Gold\u2019s Fekola mine and Iamgold\u2019s Boto project.<\/p>\n

(This article first appeared in the <\/em>Canadian Mining Journal<\/em><\/a>)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Company has signed a definitive agreement with Komet Resources to purchase the 35-sq.-km Dabia Sud gold property.<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1191025"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1191025"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1191025\/revisions"}],"predecessor-version":[{"id":1191029,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1191025\/revisions\/1191029"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1191025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1191025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1191025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}