Roxgold is a Canadian-based gold mining company with assets located in West Africa. The Company owns and operates the high-grade Yaramoko Gold Mine located on the Houndé greenstone belt in Burkina Faso, and is advancing the development and exploration of the Séguéla Gold Project located in Côte d'Ivoire.
Roxgold – West Africa's Next Multi-Asset Gold Producer
Proven Track Record of Creating Value
Attractive Growth Pipeline
Disciplined Capital Management
(1) Yaramoko Gold Mine, Burkina Faso
The Yaramoko Mine Complex consists of two high-grade underground gold mines: the 55 Zone and Bagassi South. Annual gold production in 2020 is expected to be between 120,000 and 130,000 ounces.
Q1 & Q2 2020 Production Results:
Yaramoko – Resource Growth
55 Zone high-grade shoot extends to 1.2 km below surface
Bagassi South is the second high-grade underground gold mine on the Yaramoko property and consists of two gold deposits: QV1 Zone and QV' (QV Prime) Zone.
The QV1 Zone is the main deposit of the Bagassi South project and is geologically similar to the 55 Zone.
QV1 Structure offers potential for additional resource upgrade
(2) Séguéla Gold Project, Côte d'Ivoire
Portfolio of near surface high grade deposits
Opportunities & Next Steps:
(3) Boussoura Gold Project, Burkina Faso
Roxgold's new high grade discovery
Located approximately 190km south of Yaramoko, RC and core drilling at the Boussoura project has led to a new high grade discovery at Galgouli, and excellent results following up historic drilling at Fofora (refer to Company press release February 3 and 20, 2020).
Management and Directors
John Dorward, President & Chief Executive Officer, Director
Over 20 years of development and operating mines experience
Former Vice President, Business Development of Fronteer Gold Inc.
Former Chief Financial Officer of Mineral Deposits Ltd. and Leviathan Resources Ltd.
Vince Sapuppo, Chief Financial Officer
Over 15 years of senior finance, commercial and mergers & acquisitions experience in mining and energy sectors
Former General Manager Finance of Beach Energy Limited
Paul Criddle, Chief Operating Officer
Over 20 years of operating and project development experience
Former Managing Director of Matador Mining
Former Chief Operating Officer of Roxgold and Azimuth Resources
Eric Pick, Vice President of Corporate Development
Over 10 years of corporate finance and mergers & acquisitions in mining sector
Former Vice President, Investment Banking at Cormark Securities Inc.
Paul Weedon, Vice President of Exploration
Over 25 years of exploration, development and production experience
Former Exploration Director, Australia at Newmont Corp.
Former Vice-President, Business Development, Africa, and Geology Manager, West Africa at Anglogold Ashanti
Graeme Jennings, Vice President, Investor Relations
Over 10 years of capital markets experience with a focus in the metals and mining industry
Former VP Corporate Development & IR at Nickel Creek Platinum
Former Analyst at Cormark Securities
Oliver Lennox-King, Chairman
Richard Colterjohn, Director
Kate Harcourt, Director
John L. Knowles, Director
Norman Pitcher, Director
Jonathan A. Rubenstein, Director
On October 13, 2020, Roxgold Inc. has released additional results from the new high-grade prospect, Koula, at the Seguela gold project located in Ivory Coast. The highlight includes it drilled four m of 108.9 g/t Au at Seguela.
On September 30, 2020, Roxgold Inc. has released near-surface infill drilling results from the 55 zone at the Yaramoko mine complex, drilled as part of a review of opportunities for near-surface mineralization to complement our high-grade underground operations. It drilled 77.2 GPT over 6.0 metres in near surface.
On September 28, 2020, Roxgold Inc. announced that the Ivory Coast Ministry of Environment and Sustainable Development has approved the environmental and social impact assessment (ESIA) for Roxgold Inc.'s Seguela gold project. The ESIA marks a key milestone in the permitting process and is the culmination of extensive consultations and stakeholder engagement.
September 14, 2020, Roxgold Inc. has released new exploration drilling results from the company's Boussoura project, located in southern Burkina Faso. Roxgold reported 26.9 GPT over 4.8 metres at Boussoura as drill program continues to expand additional fofora vein sets.
On September 08, 2020, Roxgold Inc. has discovered a new high-grade prospect, Koula, at the Seguela gold project located in Ivory Coast. The company drilled 19m at 26.1 gpt AU and 12m at 32.1 gpt AU.
On September 03, 2020, Roxgold Inc. has released further infill and extension drilling results from the company's Ancien prospect at the Seguela gold project located in Ivory Coast. The company continued to return high grade gold assays including 19.8gpt over 12m and 57.7 gpt over 4m.
On August 11, 2020, Roxgold Inc. announced the second-quarter and first-half financial results for the period ended June 30, 2020. The company earned $7.46-million (U.S.) in Q2 2020 and record operating margins of $1,016/oz.
On July 29, 2020, Roxgold Inc. has released new exploration drilling results from the company's Boussoura project, located in southern Burkina Faso. It drilled 61 m of 2.5 g/t Au at Boussoura
On July 8, 2020, Roxgold Inc. has released its preliminary production results for the second quarter of 2020 from the Company's Yaramoko mine complex located in Burkina Faso.
On June 30, 2020, Roxgold Inc. announced that it has successfully executed documentation to refinance its existing Yaramoko facility and secure an additional US$20-million as a revolving credit facility to provide increased liquidity and financial flexibility.