Roscan Gold Announces Filing of Technical Report

Rhea-AI Summary

Roscan Gold Corporation (OTCQB:RCGCF) has filed a Technical Report for its Kandiole Project in Mali, effective as of March 31, 2022. The report, prepared by industry experts, is compliant with National Instrument 43-101. This positions Roscan favorably given its extensive land holdings in a gold-producing region adjacent to significant operations like B2 Gold's Fekola Mine. The report is accessible on the Company's SEDAR profile.

Positive

• Filing of the Technical Report enhances transparency and credibility.
• Kandiole Project is located near significant gold mines, potentially increasing exploration value.

Negative

• None.

TORONTO, ON / ACCESSWIRE / June 30, 2022 / Roscan Gold Corporation ("Roscan" or the "Company") (TSXV:ROS) (FSE:2OJ) (OTCQB:RCGCF) is pleased to announce that it has filed a technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Properties with respect to its Kandiole Project in Mali (the "Technical Report").

The Technical Report dated June 30, 2022 with an effective date of March 31, 2022 titled "Technical Report on the Kandiole Project, Mali", has been prepared for the Company by David J.R. Reading, M.Sc., FSEG, FIOM3, Ivor W.O. Jones, M.Sc., P.Geo., FAusIMM and Ian R. Ward, B.Sc. (Hons), P.Eng. The Technical Report is available on the Company's SEDAR profile at www.sedar.com

About Roscan

Roscan Gold Corporation is a well‐financed 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 is contiguous 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:

Nana Sangmuah
President & CEO
Phone: (902) 832-5555
Email: info@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.

SOURCE: Roscan Gold Corporation

View source version on accesswire.com:
https://www.accesswire.com/707222/Roscan-Gold-Announces-Filing-of-Technical-Report

FAQ

What is the significance of Roscan Gold's Technical Report filed on June 30, 2022?

The Technical Report provides detailed compliance with National Instrument 43-101, enhancing investor confidence in the Kandiole Project.

How does the location of the Kandiole Project affect Roscan Gold's exploration potential?

The Kandiole Project is situated near major gold mines, like B2 Gold's Fekola, which could increase its exploration and development value.

Where can I find the Technical Report for the Kandiole Project?

The Technical Report is available on Roscan Gold's SEDAR profile at www.sedar.com.

What does the effective date of the Technical Report indicate?

The effective date of March 31, 2022, indicates when the data and findings within the report were considered current.

What is Roscan Gold Corporation's stock symbol?

Roscan Gold Corporation trades under the symbol RCGCF on the OTCQB.