Roscan Gold Provides Regional Update: Intersects 17.34gpt Over 4m at Walia, 3.38gpt Over 12m at Kandiole North and 2.20gpt Gold Over 31m at Moussala North

Rhea-AI Summary

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.

Positive

• 90% success rate in drilling across all regional targets.
• High-grade intercepts including 25.70 gpt gold over 2m at Walia.
• Gold mineralization extended to 190m at Walia and 230m at Kandiole North.
• Encouraging results at Moussala North with 5.77 gpt gold over 10m.

Negative

• None.

TORONTO, ON / ACCESSWIRE / June 3, 2021 / Roscan Gold Corporation ("Roscan" or the "Company") (TSXV:ROS)(FSE:2OJ)(OTC PINK:RCGCF) is pleased to announce additional drilling results from its Regional Targets, Walia, Kandiole North (KN1) and Moussala North (MO1) (Figure 1 and Figure 2). These results continue to demonstrate the potential of Roscan's overall land package beyond the more advanced targets, Mankouke South and Kabaya, and validate the exploration strategy over this major auriferous gold regional structure within the Kenieba window.

At Walia and Kandiolé North (KN1), mineralization now extends down to approximately 190m and 230m vertical meters, respectively. At the Moussala North (MO1) target, the majority of the diamond (DD) and Air Core (AC) holes has intercepted gold mineralization, which now has been tested to 120 vertical depth.

Drilling Highlights:

Walia (Air Core Holes)

• • 25.70 gpt gold over 2m from drill hole ACDBS21-1181 from 12m
  • 22.0 gpt gold over 2m from drill hole ACDBS20-946 from 0m
  • 17.34 gpt gold over 4m from drill hole ACDBS21-1287 from 12m
    • Including 33.80 gpt gold over 2m from 12m
  • 15.9 gpt gold over 2m from drill hole ACDBS21-1144 from 6m
  • 3.06 gpt gold over 16m from drill hole ACDBS21-1514 from 30m
    • Including 6.53 gpt gold over 6m from 34m

Kandiole North (Air Core Holes)

• • 3.38 gpt gold over 12m from drill hole ACKAN21-1402 from 18m
    • Including 7.78 gpt gold over 1m from 28m

Moussala North (Diamond and Air Core Holes)

• 5.77 gpt gold over 10m from drill hole DDMOU21-007 from 120.1m
  • Including 11.17 gpt gold over 4m from 121.1m
  • And 2.56 gpt gold over 8m from drill hole DDMOU21-007 from 104.1m

• 16.10 gpt gold over 1m from drill hole ACMOU21-583 from 21m
  • And 2.17 gpt gold over 6m from drill hole ACMOU21-583 from 160.1m
  • And 1.21 gpt gold over 12m from drill hole ACMOU21-583 from 117.0m

• 2.20gpt gold over 31m from drill hole RCMOU21-003 from 22m
  • Including 9.58gpt gold over 3m from 27.0m

Notes: 1: True width yet to be determined, 2: Table 1 - Assay Highlights, 3: No top-cut 4: All holes are 270-degree Azimuth and -50-degree Inclination 5: 2m internal dilution.

Nana Sangmuah, President and CEO, stated, "It is a very exciting time for us at Roscan as we unlock the value of our entire land package by advancing these recent discoveries at Walia, Kandiole North and Moussala North towards delineation of mineral resources. We have intersected gold mineralization in about 90% of the DD and RC holes drilled on all regional targets, which points to a very high success rate. This has increased strike and depth of these targets, creating a solid foundation to build additional ounces. The prospectivity of the Kandiole Project is now well demonstrated through high grade hits across multiple targets over our large 401.8 square km land package where there remain multiple compelling targets on trend yet to be tested.

These recent results continue to build our confidence that our Kandiole project will have the scale required for a potential standalone operation in a region noted for having many world class gold mines."

Walia Exploration Target

At Walia prospect, 72 AC holes intersected gold mineralization indicating the significant potential of this Target. Drilling results demonstrate a NE-SW gold trend over 1.5km which is part of a large scale regional structure and confirm the root of the termite mount geochemistry gold footprint. The mineralization interpretation based on a few reconnaissance deep holes displays a steep zone down to 190m vertical depth.

In addition, collection of grab samples of over 5gpt seems to suggest the occurrence of a parallel structures and new zone of mineralization. Our newly completed geophysical survey has also identified over several kilometers of magnetic conductive trend which relates to a major structural corridor in the northeastern corner of the Dabia South permit (Figure 4).

Kandiole North (KN1) Exploration Target

Hole DDKAN21-006 (Table 1) at Kandiole North has extended known mineralization down to 230m vertical depth from previously 110 m vertical depth. Gold mineralization of this hole ended in fresh rock. To date, all 7 diamond holes at KN1 have hit gold mineralization. This target remains open at depth as well as along strike over a kilometer at the border of the structural conductive zone from the VTEM airborne geophysics survey done by Roscan.

Moussala North Exploration (MO1) Target

All 36 holes have intersected gold mineralization (Table 1) which clearly identifies the upside potential at this target. It should be noted that all DD holes hit gold mineralization in fresh rock, including DDMOU21-007 with 5.77 gpt gold over 10m from 120.1m. Also, hole RCMOU21-003, which intersected 2.20gpt over 31m, ended with gold mineralization in fresh rock. The Moussala North target has now mineralization identified down to 120 vertical depth and over 120m strike (Figure 3), which remains open at depth and to the south of the target.

Gold mineralization at MO1 occurs within the meta sediment package mostly in coarse to breccia associated with albite-ankerite-biotite chlorite alteration, also containing high sulfides (pyrite). The mineralization is interrupted by a late dolerite sill. The mineralization seems to plunge towards the South, preventing gold signature detection from surficial AC holes.

Figure 1: Plan View of Walia, Kandiole North and Moussala Exploration Targets

Figure 2: Plan View of Walia, Kandiole North and Moussala Showing Assays

Figure 3: Section at Moussala showing Strike and Depth Potential

Figure 4: Plan View at Walia showing Strike Potential

Figure 5: Plan View at Kandiole showing Strike Potential

Exploration

From a compilation of Termite mount geochemistry assays and the airborne geophysical survey interpretation, these high-priority Regional Targets have been prospected using inclined Air Core (AC) drilling method along the lines in a systematic fence pattern of 800 m by 50 m as the first test. When significant results are returned, such as seen at Southern Mankouke and now at Walia, Kandiole North and Moussala North, additional follow-up with infill AC fence drilling is done to define strike and grade consistency of mineralization to generate targets to be further assessed through Reverse Circulation and Diamond holes.

Drilling Contract and Analytical Protocol

Roscan uses Air Core (AC), Reverse Circulation (RC) and Diamond (DDH) types of drilling in the Kandiole Projects. The Air Core drilling is mainly applied to drill early exploration targets.

The samples are sent for preparation to the Bureau Veritas Mineral Laboratories in Bamako, Mali and assayed at their analytical facilities for fire assay with atomic absorption finish and by gravimetric finish for grades above 10gpt Au.

Roscan applies industry-standard QA/QC procedures to the program using reference materials, blanks, standards, and duplicates.

Table 1: Drillhole Dataset at Walia, Kandiole and Moussala

Walia - Hole ID	From (m)	To (m)	Interval (m)	gpt Au	Comment
ACDBS20-517	2	4	2	4.53	Laterite
ACDBS20-536	12	14	2	0.69	Laterite
ACDBS20-642	18	20	2	0.52	Saprolite
ACDBS20-674	24	26	2	0.70	Saprolite
ACDBS20-680	18	20	2	0.74	Saprolite
ACDBS20-700	0	2	2	0.67	Laterite
ACDBS20-769	24	26	2	1.38	Saprolite
ACDBS20-878	2	4	2	0.54	Laterite
ACDBS20-904	20	30	10	1.33	Saprolite
ACDBS20-908	2	4	2	2.05	Laterite
ACDBS20-911	32	34	2	1.48	Saprolite
	40	42	2	2.37	Saprolite
ACDBS20-946	0	2	2	22.0	Laterite
ACDBS20-972	16	18	2	0.73	Saprolite
ACDBS20-973	12	14	2	0.82	Saprolite
ACDBS20-986	10	12	2	5.07	Saprolite
ACDBS20-1007	26	36	10	1.70	Saprolite
ACDBS20-1008	8	10	2	0.68	Laterite
	22	26	4	0.62	Saprolite
ACDBS20-1075	10	12	2	0.88	Saprolite
	22	24	2	0.58	Saprolite
	26	28	2	0.66	Saprolite
ACDBS20-1094	30	34	4	3.65	Saprolite
ACDBS20-1095	14	18	4	1.55	Saprolite
	36	38	2	0.64	Saprolite
ACDBS20-1096	16	18	2	0.58	Saprolite
ACDBS21-1105	36	42	6	1.96	Saprolite
including	40	42	2	5.03	Saprolite
ACDBS21-1109	14	26	12	0.99	Saprolite
including	20	22	2	2.62	Saprolite
	38	40	2	1.07	Saprolite
ACDBS21-1110	14	16	2	0.51	Saprolite
	26	36	10	1.19	Saprolite
	46	48	2	0.65	Saprolite
ACDBS21-1111	0	8	8	0.61	Laterite
	26	28	2	1.27	Saprolite
	42	48	6	0.64	Saprolite
ACDBS21-1144	6	8	2	15.90	Laterite
ACDBS21-1170	26	30	4	4.04	Saprolite
ACDBS21-1174	0	2	2	1.34	Laterite
ACDBS21-1176	38	40	2	0.61	Saprolite
ACDBS21-1177	24	26	2	3.04	Saprolite
ACDBS21-1180	6	10	4	0.70	Saprolite
ACDBS21-1181	12	14	2	25.70	Saprolite
ACDBS21-1182	40	42	2	2.86	Saprolite
ACDBS21-1184	8	10	2	0.85	Saprolite
ACDBS21-1186	0	2	2	1.37	Laterite
ACDBS21-1189	2	4	2	0.57	Saprolite
ACDBS21-1190	20	22	2	1.18	Saprolite
ACDBS21-1191	2	6	4	1.05	Saprolite
ACDBS21-1198	26	32	6	0.89	Saprolite
ACDBS21-1200	20	22	2	0.54	Saprolite
ACDBS21-1204	44	46	2	0.97	Saprock
ACDBS21-1206	10	12	2	0.77	Saprolite
	24	26	2	0.57	Saprolite
ACDBS21-1210	40	42	2	0.83	Saprolite
	46	48	2	0.75	Saprolite
ACDBS21-1211	18	20	2	0.58	Saprolite
ACDBS21-1216	8	14	6	1.51	Saprolite
	42	44	2	0.88	Saprolite
ACDBS21-1217	0	2	2	0.74	Saprolite
ACDBS21-1218	2	4	2	1.26	Saprolite
ACDBS21-1226	26	32	6	0.78	Saprolite
ACDBS21-1237	32	34	2	0.81	Saprolite
ACDBS21-1238	0	4	4	1.25	Laterite-Saprolite
	24	26	2	2.29	Saprolite
ACDBS21-1246	22	24	2	0.83	Saprolite
ACDBS21-1247	0	2	2	0.98	Laterite
ACDBS21-1249	10	12	2	0.54	Saprolite
ACDBS21-1287	12	16	4	17.34	Saprolite
including	12	14	2	33.80	Saprolite
	30	32	2	0.70	Saprolite
	36	40	4	1.69	Saprolite
ACDBS21-1288	48	50	2	0.52	Saprolite
ACDBS21-1289	4	6	2	0.58	Laterite
ACDBS21-1339	0	4	4	0.86	Saprolite
ACDBS21-1370	20	22	2	0.77	Saprolite
ACDBS21-1443	10	12	2	0.70	Laterite
ACDBS21-1461	38	52	14	0.59	Saprolite
ACDBS21-1462	10	12	2	0.95	Saprolite
ACDBS21-1463	14	18	4	0.79	Saprolite
ACDBS21-1465	14	38	24	1.09	Saprolite
including	34	36	2	4.89	Saprolite
ACDBS21-1513	64	66	2	0.76	Saprolite
ACDBS21-1514	30	46	16	3.06	Saprolite
including	34	40	6	6.53	Saprolite
ACDBS21-1515	0	12	12	1.38	Laterite
including	8	12	4	3.25	Laterite
ACDBS21-1540	0	2	2	1.21	Laterite
ACDBS21-1571	10	12	2	0.88	Saprolite
ACDBS21-1590	0	2	2	1.03	Laterite
ACDBS21-1632	2	4	2	0.51	Saprolite
	12	16	4	2.06	Saprolite
ACDBS21-1690	28	30	2	0.76	Saprock
ACDBS21-1741	26	28	2	2.92	Saprock
ACDBS21-1743	22	24	2	0.61	Saprolite
DDDBS-21-27	176.5	177.5	1	0.60	Fresh Rock
	186.5	187.5	1	0.5	Fresh Rock
DDDBS-21-28	39.2	40.2	1	1.0	Saprolite
	53.2	54.2	1	0.50	Saprolite
	99.2	100.2	1	4.16	Saprock
	167.2	169.2	2	1.06	Fresh Rock
DDDBS-21-29	177.3	178.3	1	0.59	Fresh Rock
	200.3	205.3	5	0.54	Fresh Rock
	237.3	238.3	1	12.00	Fresh Rock
	244.3	245.3	1	2.13	Fresh Rock
	249.3	250.3	1	0.50	Fresh Rock

Kandiole - Hole ID	From (m)	To (m)	Interval (m)	gpt Au	Comment
DDKAN21-006	229	230	1	0.59	Fresh Rock
	256	257	1	0.53	Fresh Rock
	275	279	4	2.56	Fresh Rock
	283	284	1	0.80	Fresh Rock
	288	289	1	3.08	Fresh Rock
	300	304	4	1.63	Fresh Rock
DDKAN21-007	286.9	291.9	5	0.28	Fresh Rock
ACKAN21-1401	17	18	1	0.52	Saprolite
	47	48	1	0.94	Saprolite
ACKAN21-1402	18	30	12	3.38	Saprolite
including	23	24	1	6.83	Saprolite
including	28	29	1	7.57	Saprolite
ACKAN21-1424	20	21	1	1.01	Saprolite
ACKAN21-1475	54	56	2	0.54	Saprock
ACKAN21-1481	10	12	2	1.09	Saprolite

Moussala - Hole ID	From (m)	To (m)	Interval (m)	gpt Au	Comment
ACMou20-243	7	10	3	0.95	Saprolite
	13	14	1	0.87	Saprolite
	20	21	1	0.68	Saprock
ACMou20-244	19	20	1	0.53	Saprolite
ACMou20-267	6	7	1	0.57	Saprolite
ACMou20-364	0	2	2	0.86	Laterite
ACMou20-369	24	26	2	0.56	Saprolite
ACMou20-375	6	8	2	4.12	Laterite
ACMou20-396	38	40	2	1.03	Saprolite
ACMou20-399	32	34	2	0.58	Saprolite
ACMou21-439	20	22	2	0.67	Saprolite
ACMou21-508	24	26	2	2.85	Saprolite
ACMou21-509	8	10	2	3.12	Laterite
ACMou21-539	7	8	1	0.50	Saprolite
ACMou21-540	11	12	1	1.08	Saprolite
	67	70	3	1.02	Saprolite
	73	74	1	0.72	Saprolite
ACMou21-541	0	1	1	1.02	Saprolite
ACMou21-543	7	8	1	0.59	Saprolite
	9	10	1	0.56	Saprolite
	23	24	1	3.02	Saprolite
	32	33	1	0.75	Saprolite
ACMou21-545	2	3	1	0.81	Saprolite
	28	29	1	1.33	Saprolite
	32	36	4	2.71	Saprolite
including	33	34	1	5.90	Saprolite
ACMou21-546	0	2	2	1.06	Saprolite
	17	19	2	0.97	Saprolite
	24	25	1	0.78	Saprolite
	27	28	1	0.68	Saprolite
ACMou21-549	0	4	4	0.54	Saprolite
ACMou21-550	33	34	1	0.68	Saprolite
ACMou21-551	38	39	1	0.67	Saprolite
ACMou21-563	10	11	1	0.78	Saprolite
ACMou21-565	1	2	1	12.10	Laterite
ACMou21-567	11	12	1	0.56	Saprolite
ACMou21-573	2	3	1	0.64	Laterite
ACMou21-583	21	22	1	16.10	Saprolite
ACMou21-584	28	29	1	0.91	Saprolite
	57	58	1	1.01	Saprolite
ACMou21-611	2	3	1	0.72	Laterite
ACMou21-615	9	10	1	2.06	Saprolite
ACMou21-626	1	2	1	0.51	Laterite
DDMOU20-01	47.2	48.2	1	1.15	Saprock
	51.2	53.2	2	0.67	Saprock
	96.1	101.1	5	1.74	Fresh Rock
	104.1	112.1	8	2.56	Fresh Rock
	116.1	117.1	1	0.64	Fresh Rock
	147.1	149.1	2	0.57	Fresh Rock
	160.1	166.1	6	2.17	Fresh Rock
including	162.1	164.1	2	5.19	Fresh Rock
	170.1	171.1	1	0.88	Fresh Rock
	188.1	191.1	3	0.74	Fresh Rock
DDMOU20-02	124.0	127.0	3	2.70	Fresh Rock
	137.0	140.0	3	3.15	Fresh Rock
including	137.0	138.0	1	6.23	Fresh Rock
	147.0	148.0	1	0.90	Fresh Rock
	156.0	159.0	3	1.78	Fresh Rock
DDMOU20-03	79.2	80.2	1	0.59	Fresh Rock
	111.2	112.2	1	0.54	Fresh Rock
DDMOU20-04	101.0	106.0	5	0.64	Fresh Rock
including	101.0	102.0	1	1.77	Fresh Rock
	117.0	129.0	12	1.21	Fresh Rock
including	125.0	126.0	1	3.95	Fresh Rock
DDMOU21-005	161.0	162.0	1	0.50	Fresh Rock
DDMOU21-006	149.9	152.9	3	1.19	Fresh Rock
	155.9	156.9	1	0.69	Fresh Rock
DDMOU21-007	120.1	130.1	10	5.77	Fresh Rock
including	121.1	125.1	4	11.17	Fresh Rock
	134.1	139.1	5	0.81	Fresh Rock
	143.1	149.1	6	0.96	Fresh Rock
	155.1	158.1	3	1.10	Fresh Rock
RCMOU21-001	96.0	106.0	10	0.84	Fresh Rock
including	98.0	99.0	1	4.43	Fresh Rock
RCMOU21-002	100.0	101.0	1.0	0.61	Fresh Rock
	106.0	111.0	5.0	0.70	Fresh Rock
RCMOU21-003	13.0	14.0	1.0	1.69	Saprock
	22.0	53.0	31.0	2.20	Saprock
including	27.0	30.0	3.0	9.58	Saprock
	58.0	59.0	1.0	0.53	Fresh Rock
	115.0	118.0	3.0	0.50	Fresh Rock

Table 2: Drillhole ID Dataset for Walia, Kandiole and Moussala

Walia - Hole ID	X Collar	Y Collar	Z Collar	Section	AZM	DIP
ACDBS20-517	264383	1394461	163	1394463	270	-50
ACDBS20-536	265774	1395681	184	1395680	270	-50
ACDBS20-642	265337	1388889	199	1388890	270	-50
ACDBS20-674	265449	1389158	210	1389157	270	-50
ACDBS20-680	265351	1389155	205	1389157	270	-50
ACDBS20-700	265757	1391677	152	1391677	270	-50
ACDBS20-769	265513	1392452	155	1392452	270	-50
ACDBS20-878	265225	1396894	172	1396895	270	-50
ACDBS20-904	264542	1388882	187	1388290	270	-50
ACDBS20-908	264440	1388891	161	1388290	270	-50
ACDBS20-911	265249	1389070	205	1388290	270	-50
ACDBS20-946	265405	1391722	156	1388290	270	-50
ACDBS20-972	264352	1390459	156	1390461	270	-50
ACDBS20-973	264333	1390461	146	1390461	270	-50
ACDBS20-986	264200	1390461	154	1390461	270	-50
ACDBS20-1007	264539	1388930	185	1388930	270	-50
ACDBS20-1008	264521	1388930	175	1388930	270	-50
ACDBS20-1075	265077	1390501	160	1390500	270	-50
ACDBS20-1094	265124	1390597	163	1390600	270	-50
ACDBS20-1095	265099	1390600	155	1390600	270	-50
ACDBS20-1096	265074	1390600	153	1390600	270	-50
ACDBS21-1105	265256	1390701	163	1390700	270	-50
ACDBS21-1109	265163	1390702	155	1390700	270	-50
ACDBS21-1110	265126	1390707	154	1390700	270	-50
ACDBS21-1111	265103	1390704	154	1390700	270	-50
ACDBS21-1144	262452	1399373	171	1399368	245	-50
ACDBS21-1170	262337	1399323	181	1399323	245	-50
ACDBS21-1174	262302	1399195	189	1399195	245	-50
ACDBS21-1176	262502	1399177	189	1399177	245	-50
ACDBS21-1177	262479	1399164	194	1399164	245	-50
ACDBS21-1180	262467	1399376	178	1399376	287	-50
ACDBS21-1181	262237	1398962	189	1398962	245	-50
ACDBS21-1182	262212	1398954	205	1398954	245	-50
ACDBS21-1184	262171	1398927	182	1398927	245	-50
ACDBS21-1186	262127	1398906	187	1398906	245	-50
ACDBS21-1189	262059	1398873	183	1398873	245	-50
ACDBS21-1190	262036	1398860	183	1398860	245	-50
ACDBS21-1191	262026	1398856	186	1398856	245	-50
ACDBS21-1198	261878	1398794	178	1398794	245	-50
ACDBS21-1200	261838	1398770	173	1398770	245	-50
ACDBS21-1204	262279	1398877	174	1398877	245	-50
ACDBS21-1206	262237	1398852	178	1398852	245	-50
ACDBS21-1210	262148	1398811	181	1398811	245	-50
ACDBS21-1211	262121	1398801	179	1398801	245	-50
ACDBS21-1216	262008	1398748	178	1398748	245	-50
ACDBS21-1217	261989	1398740	172	1398740	245	-50
ACDBS21-1218	261979	1398739	170	1398739	245	-50
ACDBS21-1226	262251	1398748	171	1398748	245	-50
ACDBS21-1237	261993	1398630	187	1398630	245	-50
ACDBS21-1238	261966	1398620	177	1398620	245	-50
ACDBS21-1246	261904	1398309	182	1398309	245	-50
ACDBS21-1247	261880	1398300	176	1398300	245	-50
ACDBS21-1249	261839	1398280	183	1398280	245	-50
ACDBS21-1287	261989	1398350	177	1398350	245	-50
ACDBS21-1288	261967	1398339	181	1398339	245	-50
ACDBS21-1289	261940	1398327	181	1398327	245	-50
ACDBS21-1339	261702	1399060	170	1399060	245	-50
ACDBS21-1370	261090	1398778	152	1398778	245	-50
ACDBS21-1443	264242	1390409	144	1390410	270	-50
ACDBS21-1461	265231	1390800	158	1390800	270	-50
ACDBS21-1462	265184	1390800	157	1390800	270	-50
ACDBS21-1463	265151	1390799	153	1390800	270	-50
ACDBS21-1465	265038	1390793	155	1390800	270	-50
ACDBS21-1513	265141	1388000	196	1388000	270	-50
ACDBS21-1514	265100	1388001	194	1388000	270	-50
ACDBS21-1515	265076	1388000	213	1388000	270	-50
ACDBS21-1540	264585	1390751	151	1390750	270	-50
ACDBS21-1571	264132	1390750	147	1390750	270	-50
ACDBS21-1590	266030	1395000	179	1395000	270	-50
ACDBS21-1632	265120	1388527	173	1388580	270	-50
ACDBS21-1690	265462	1390989	153	1391000	270	-50
ACDBS21-1741	264885	1395000	190	1395000	270	-50
ACDBS21-1743	264851	1395000	196	1395000	270	-50
DDDBS-21-27	262166	1399265	192	1399265	245	-50
DDDBS-21-28	262071	1399080	194	1399080	245	-50
DDDBS-21-29	262060	1398535	183	1398530	245	-55

Kandiole - Hole ID	X Collar	Y Collar	Z Collar	Section	AZM	DIP
DDKAN21-006	261723	1386594	178	1386600	90	-50
DDKAN21-007	261801	1386799	186.57	1386800	90	-50
ACKAN21-1401	264007	1383397	190	1383400	270	-50
ACKAN21-1402	263972	1383398	188	1383400	270	-50
ACKAN21-1424	263643	1383790	172	1383810	270	-50
ACKAN21-1475	263891	1384299	168	1384300	270	-50
ACKAN21-1481	263687	1384302	166	1384300	270	-50

Moussala - Hole ID	X Collar	Y Collar	Z Collar	Section	AZM	DIP
ACMou20-243	264285	1393577	183	1393575	270	-50
ACMou20-244	264271	1393575	183	1393575	270	-50
ACMou20-267	264346	1393626	182	1393620	270	-50
ACMou20-364	259016	1387504	142	1387500	270	-50
ACMou20-369	258888	1387503	144	1387500	270	-50
ACMou20-375	258731	1387500	141	1387500	270	-50
ACMou20-396	262248	1388302	166	1388300	270	-50
ACMou20-399	262174	1388303	152	1388300	270	-50
ACMou21-439	260887	1398689	170	1398689	245	-50
ACMou21-508	260714	1397790	213	1397790	245	-50
ACMou21-509	260690	1397785	207	1397785	245	-50
ACMou21-539	260928	1398209	175	1398209	245	-50
ACMou21-540	260898	1398199	187	1398199	245	-50
ACMou21-541	260951	1398336	171	1398336	245	-50
ACMou21-543	260879	1398302	186	1398302	245	-50
ACMou21-545	260885	1398365	192	1398365	245	-50
ACMou21-546	260849	1398349	180	1398349	245	-50
ACMou21-549	260859	1398403	180	1398403	245	-50
ACMou21-550	260667	1396866	194	1396866	245	-50
ACMou21-551	260639	1396857	181	1396857	245	-50
ACMou21-563	260483	1396834	180	1396834	245	-50
ACMou21-565	260597	1396949	190	1396949	245	-50
ACMou21-567	260539	1396924	184	1396924	245	-50
ACMou21-573	260536	1396976	176	1396976	245	-50
ACMou21-583	260721	1397191	182	1397191	245	-50
ACMou21-584	260687	1397179	190	1397179	245	-50
ACMou21-611	260691	1397248	182	1397244	245	-50
ACMou21-615	260721	1397365	190	1397365	245	-50
ACMou21-626	260948	1398438	186	1398438	245	-50
DDMOU20-01	264387	1393530	190	1393530	270	-50
DDMOU20-02	264440	1393530	189	1393531	270	-50
DDMOU20-03	264335	1393576	184	1393575	270	-50
DDMOU20-04	264375	1393477	190	1393480	270	-50
DDMOU21-005	264486	1393531	185	1393530	270	-50
DDMOU21-006	264426	1393475	193	1393480	270	-50
DDMOU21-007	264376	1393425	192	1393425	270	-50
RCMOU21-001	264357	1393472	190	1393475	270	-50
RCMOU21-002	264358	1393425	188	1393425	270	-50
RCMOU21-003	264348	1393528	187	1393528	270	-50

Grant of Options

Roscan has granted to a consultant 300,000 stock options having an exercise price of $0.50 per common share and a three-year term, expiring on June 3, 2024.

Qualified Person (QP) and NI 43-101 Disclosure

Greg Isenor, P. Geo., Executive Vice-Chairman for the Company, is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 ("NI 43-101") and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same.

About Roscan

Roscan Gold Corporation is a 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 lies in a contiguous property 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:

Greg Isenor, P.Geo

Executive Vice-Chairman
Tel: (902) 221-2329
Email: gpisenor@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/650181/Roscan-Gold-Provides-Regional-Update-Intersects-1734gpt-Over-4m-at-Walia-338gpt-Over-12m-at-Kandiole-North-and-220gpt-Gold-Over-31m-at-Moussala-North

FAQ

What are the latest drilling results for Roscan Gold Corporation (RCGCF)?

Roscan Gold Corporation reported significant drilling results with high-grade gold intercepts, including 25.70 gpt over 2m at Walia and 5.77 gpt over 10m at Moussala North.

What is the success rate of drilling for RCGCF's recent exploration?

The success rate of drilling for Roscan Gold Corporation's recent exploration is approximately 90%, indicating effective exploration strategies.

What depths have gold mineralization been identified in Roscan's projects?

Gold mineralization has been identified down to approximately 190m at Walia and 230m at Kandiole North.

How large is Roscan Gold's land package?

Roscan Gold's total land package covers approximately 401.8 square kilometers.

What targets are showing potential at Roscan Gold (RCGCF)?

The Walia, Kandiole North, and Moussala North targets are showing significant potential based on recent drilling results.